West African Development Bank (BOAD) announces acquisition of an equity interest by the Arab Bank for Economic Development in Africa (BADEA) in its capital

COTONOU, Benin, December 27, 2023/ — The West African Development Bank (BOAD) (https://www.BOAD.org/) is pleased to announce that the Arab Bank for Economic Development in Africa (BADEA) has joined its capital. Following a favorable opinion issued by the Bank’s Board of Directors, at its 139th meeting held on 20th December 2023 in Cotonou, the WAMU Council of Ministers met on 21st December 2023 and approved the participation of BADEA in BOAD’s capital. This opens up the second phase of the Bank’s capital increase process, the first phase of which was completed in December 2022…

Weaving the Culinary Tapestry: A Journey through the African Diaspora

DUBAI, United Arab Emirates, December 28, 2023/ — Food is a unique storyteller, a cultural bridge and a carrier of traditions. As a result, the culinary traditions and rich tapestry of cuisines belonging to the global Black community have played a valuable role in contemporary culture. These traditions not only illustrate the inspiration, creativity and shared heritage of Black people, but also serve as a common thread that connects diverse cultures and geographies. From the shores of West Africa to the vibrant streets of the Caribbean, the flavors, techniques and dishes…

African Development Bank President Wins Obafemi Awolowo Leadership Prize

ABIDJAN, Ivory Coast, December 21, 2023/ — The President of the African Development Bank Group (www.AfDB.org), Akinwumi Adesina, has been awarded the prestigious Obafemi Awolowo Prize for Leadership. The award which promotes the legacy and democratic ideals of the late Nigerian nationalist and federalist leader Chief Obafemi Awolowo, also “recognises and celebrates excellence in leadership.” The Foundation’s Executive Director, Ambassador Dr Tokunbo Awolowo-Dosumu said, “Dr Adesina was the unanimous choice of the Foundation’s Selection Committee, which described Adesina as possessing the attributes for the award to the highest degree.” According to…

Burkina Faso: the African Development Bank supports training for design engineers at the Higher Institute of Electrical Engineering (ISGE)

ABIDJAN, Ivory Coast, December 22, 2023/ — Twenty-four-year-old Josias Idani is looking forward to his career with confidence. Following his studies, which led to a design engineer diploma in June 2023, he now nurtures  his goal of expanding the company he formed with two classmates in November 2022. The first steps look promising. “We specialize in energy audits. Since we started the business, we have worked for the local office of a maritime transport company and an international NGO. They’re small steps, but it’s a good start,” says the delighted…

Desert to Power Initiative: African Development Fund approves nearly $303 million for Mauritania-Mali electricity interconnection project

ABIDJAN, Ivory Coast, December 19, 2023/ — The Board of Directors of the African Development Fund, the concessional window of the African Development Bank Group (https://apo-opa.co/3trS2Yo) (http://www.AfDB.org), has approved a $302.9 million loan co-financing for a multinational power project that will connect 100,000 households across Mauritania and Mali. The Mauritania-Mali 225kV Electricity Interconnection and Solar Power Plant Development Project form part of the Desert to Power (https://apo-opa.co/3ROS5H3) Initiative. The funds comprise $269.6 million for Mauritania and $33.3 million for Mali. Other partners, including climate funds, will contribute to the project…

Overfishing off West Africa hits livelihoods, fuelling emigration

This article was originally published on China Dialogue under the Creative Commons BY NC ND licence. By:Kebba Jeffang November 9, 2023 Factors such as an influx of foreign trawlers in West Africa’s waters, lopsided fisheries agreements with foreign governments, weak laws and poor law enforcement have all fuelled emigration in the region (Image: Aliu Embalo / China Dialogue Ocean) Fish are crucial to nutrition and livelihoods in West Africa, with an estimated 5.5 million tonnes caught in the region’s waters in 2019. Nearly 7 million people in West Africa directly depend on fish activities…

Burkina Faso Solar Grandmothers initiative: Global Green Growth Institute’s (GGGI) contribution to the rural energy transition process

OUAGADOUGOU, Burkina Faso, December 19, 2023/ — History of the “Solar Grandmothers” initiative During the India-Africa Forum held in New Delhi in April 2008, an agreement was reached between the Government of India and the African Union (AU) Commission on pan-African projects for the establishment of regional Barefoot College Training Center in Africa. This was followed by solar energy training for rural women from Burkina Faso in India with the United Nations Development Programme (UNDP) and the Global Environment Facility Small Grants Programme (GEF/SGP) financial support. In 2018, under the Ministry…

Factoring Urban Gardening into African’s Built Environment

…. As ACEACFMS 2023 holds in Accra Story: Mohammed Abu Science, Technical and Mathematics (STEM) students from the Kumasi Academy Senior High School, in Ghana’s Ashanti Region excited participants with a great presentation on the science of urban gardening and vertical farming concept at the. maiden event of the African Continental Sustainable Built Environment Summit(ACEACFMS)held at East Legion in country’s capital of Accra, on Thursday, December, 14. The science based urban gardening concept combines science and innovation that seeks to offer opportunity especially for vegetable crop production under an urban…