Author: Kevin Odero

• The AfDB and partners in Rabat, Morocco, are organizing the 2024 Africa Investment Forum to catalyze investments in Africa’s agriculture, infrastructure, and renewable energy.
• The forum is a pivotal platform for advancing Africa’s economic integration, promoting policy innovation, and encouraging private-sector engagement and international collaboration.
• By aligning with sustainable development, inclusivity, and green finance goals, the Africa Investment Forum aligns with global sustainability goals, positioning Africa in the transition to a green economy and attracting ethical investments.

Set against the vibrant backdrop of Rabat, Morocco, the 2024 Africa Investment Forum Market Days, scheduled for December 4–6, is yet another cornerstone event for continental and global investors seeking growth opportunities in the continent.

The African Development Bank and seven founding partners will back this forum to drive investment-ready deals to fruition, further highlighting its critical role in Africa’s economic landscape.

Africa Investment Forum a catalyst for investment mobilisation

Since its inception …

• The African Development Bank has donated $20 million to Senegal to enhance food security and support small producers post-COVID through the PRESAN-PC project.
• Infrastructure development, including agricultural boreholes and solar-powered systems, aims to increase farm production and resilience to climate change.
• The project benefits vulnerable women and youth, includes contributions from various sources, and impacts 31,000 households across multiple Senegalese regions.

In an ambitious move to ensure food security and enhance the livelihoods of its small producers, Senegal has received a significant financial boost. On a notable day in March 2024, the African Development Bank Group allocated a $20 million donation to the nation for the Post-Covid Food and Nutrition Security Enhancement Project (PRESAN-PC).

The initiative aims to transform Senegal’s agricultural landscape, benefiting vulnerable women and young people through increased farm production and income.

African Development Bank’s $20 million donation to Senegal 

The African Development Bank’s generous donation comes from …

• The Biden administration has refined US sanctions on Zimbabwe targeting specific leaders linked to human rights abuses and corruption.
• New sanctions leverage the Global Magnitsky Act, and they focus on individuals and entities undermining democracy and involved in graft.
• The strategy supports the objectives of the Zimbabwe Democracy and Economic Recovery Act, emphasizing the need for political and economic reforms in Zimbabwe.

In a policy shift, President Joe Biden has overhauled the United States’ sanctions strategy towards Zimbabwe, introducing a set of measures aimed directly at key figures within President Emmerson Mnangagwa’s administration.

This move marks a departure from a broader sanctions regime that has been in place for over two decades, focusing instead on those at the heart of human rights abuses and corruption within the Zimbabwean government.

This restructuring of sanctions is part of the US’s ongoing commitment to fostering accountability for human rights abuses and corruption in …