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The AfDB Emergency Program Signals the Return of Donors to Mali - AllAfrica.com

The AfDB Emergency Program Signals the Return of Donors to Mali - AllAfrica.com | African Development Bank | Scoop.it
The AfDB Emergency Program Signals the Return of Donors to Mali AllAfrica.com The Emergency Economic Recovery Support Program for Mali approved on 8 May 2013 by the Board of the African Development Fund (ADF) of the African Development Bank Group...
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AfDB Approves US $800 Million in Loans to Advance Morocco’s Wind and Solar Ambitions | African Development Bank

Over the first half of 2012, the African Development Bank (AfDB) has been demonstrating its commitment to support the scaling up of renewable energy in Africa with the approval of US $800 million in loans to spur private investment in Morocco’s growing wind and solar markets.

 

The Bank’s technical and financial support of Morocco’s plan to develop a concentrated solar power (CSP) plant at Ouarzazate and its Integrated Wind/Hydro and Rural Electrification Program is helping Morocco realize its goal of increasing installed renewable energy capacity to 42 per cent by 2020 and becoming a renewable energy industry leader.

 

“Morocco has emerged as an early leader in developing low carbon, sustainable energy on a large scale, and we are proud to support their drive. Lessons learned from these projects will inform efforts going forward in the country, region and around the world,” stated Hela Cheikhrouhou, Director of the AfDB’s Energy, Environment and Climate Change Department.

 

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Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc
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Africa’s Information Highway - The AfDB Launches Open Data Platforms for 20 African Countries - African Development Bank

Africa’s Information Highway - The AfDB Launches Open Data Platforms for 20 African Countries - African Development Bank | African Development Bank | Scoop.it

The African Development Bank (AfDB) has launched Open Data Platforms for the following 20 African countries: Algeria, Cameroon, Cape Verde, Democratic Republic of Congo, Ethiopia, Malawi, Morocco, Mozambique, Namibia, Nigeria, Ghana, Rwanda,Republic of Congo, Senegal, South Africa, South Sudan, Tanzania, Tunisia, Zambia andZimbabwe. The Open Data Platform program is part of the AfDB’s recently launched “Africa Information Highway” initiative aimed at significantly improving data management and dissemination in Africa. Work is on course to complete platforms for the rest of African countries by July 2013.

 

The Open Data Platform is a user-friendly tool for extracting data, creating and sharing own customized reports, and visualizing data across themes, sectors and countries in tables, charts and maps. Through the Open Data Platform, users can access a wide range of development data on African countries from multiple international and national official sources. The platform also facilitates the collection, analysis and sharing of data among countries and with international development partners. The platform offers a unique opportunity for various users, such as policymakers, analysts, researchers, business leaders and investors around the world, to gain access to reliable and timely data on Africa. Users can visualize time series development indicators over a period of time, perform comprehensive analysis at country and regional levels, utilize presentation-ready graphics or create their own, blog, and share their views and work with others, thereby creating an informed community of users.


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AfDB Boosts Rwandese Private Sector With $8m Credit Facility| glObserver Global Economics

AfDB Boosts Rwandese Private Sector With $8m Credit Facility| glObserver Global Economics | African Development Bank | Scoop.it
The African Development Bank (AfDB) and the Development Bank of Rwanda (BRD) has signed an $8 million Line of Credit (LoC) to boost private sector development in Rwanda

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AFDB To Boost East African Investment | TradeMark East Africa

AFDB To Boost East African Investment | TradeMark East Africa | African Development Bank | Scoop.it
The African Development Bank (AfDB) has launched open data platforms for twenty African countries including partner states of the East African Community (EAC) that is aimed at attracting more investors in the region.
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African Development Bank sets aside $15m for education project | Zambia Daily Mail

THE African Development Bank (AfDB) is working on a US$15 million project that will see government revise the curriculum to include skills that will match economic development.


AfDB country representative Freddie Kwesiga said the bank is working with the Ministry of Education to ensure youths acquire skills needed to enhance development.


Dr Kwesiga said in an interview in Lusaka yesterday that a country study revealed that the skills youths have are not in tandem with the economic environment.


“The bank is working with Government to create quick and empowering jobs. This is to ensure the skills match economic growth,” he said.


He said the project dubbed Higher Education Science Technology for skills and Entrepreneurship (HEST) will see youths acquire skills needed in various sectors of the economy, including the mining, tourism and agriculture sectors.


Dr Kwesiga said skills development is important for the growth of any economy but that the skills should much the needs of each economic sector.


He said currently youths only have skills which will see them get white-collar jobs but that there are not enough such jobs for everyone.


Dr Kwesiga said it is only when the right skills are acquired that the issue of unemployment will begin to be tackled.


“Skills alone will not create jobs but we need entrepreneurs. Entrepreneurs who will provide value addition for the various economic sectors,” Dr Kwesiga said.


He said the second part of the project is entrepreneurship training for youths with various skills to enable them to create jobs for themselves.


He said skills development alone cannot create jobs but that youths need adequate training on how to run businesses.

 

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Via Chuck Sherwood, Senior Associate, TeleDimensions, Inc
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