Browsing: AfDB

Cocoa plantations, which are the backbone of the world’s chocolate supply, are highly vulnerable to climate hazards.…

Until early 2019, Omar al-Bashir was the President of Sudan after holding the position from June 30, 1989, to April 11, 2019.

For the three decades he was president, the country had not witnessed an uprising over food in the scale as huge, and widespread until 2018 when the country erupted in violence over the price of bread.

So dire was the need for bread which was unavailable that people could go for days without bread. Not because they could not afford it but because it was simply not there.

Read: Will digital agriculture bring economic development to Africa?

This scenario sounds like a scene from a movie but it is the reality facing many African countries.

The lack of food is getting worse every passing year due to several factors including poor seeds and the ravaging effects of climate change and soil degradation. With the continent whose agriculture is …

The East African Community (EAC) has a combined population of 168.5 million people…

Tanzania’s largest power source is natural gas.…

The 2020 edition of the AfDB Agripitch contest for African agricultural entrepreneurs kicked off on 2 November 2020. The competition pits young entrepreneurs with a focus on agriculture, dubbed Agripreneurs. 

The contestants will exhibit startups plans from their respective businesses in an attempt to win seed funds up to a total of $120 000 as well as mentoring and training opportunities. 

The prize money will be shared by the different winners of each category. Two of the categories are broken down according to the stage of the business with one category featuring early startups, the other for the mature startup phase. The third category is reserved for women empowered businesses.

The Agripitch competition will run in two segments including a series of webinars and a boot camp for selected entrepreneurs. The boot camp will see the business owner receive training on a number of key business shares including product development, …

Africa is rising and gradually taking over the helm of economic power. This growth is now evenly spread, as other parts of the continent experience a slower growth pace compared to the rest, albeit recent years point to evidence of uneven growth across the continent’s sub-regions.  

The African Development Bank’s (AfDB) economic outlook observed that only a third of Africa’s nations met the inclusive mark—downplaying inequality and poverty across the continent.  Inequality and poverty have not been combatted efficiently as that would require deep structural reforms, build resilience for farmers against harsh-weather conditions by providing for smart agricultural schemes and providing fiscal space for expansion of safety nets. 

In the same context, the continent’s growth has been forecasted on different levels.  The outlook released on January 30,  pointed out that Africa’s economic growth had stabilized at 3.4 per cent in 2019 and …

China’s foreign ministry says that the origin of Africa’s debt problem is complex with each country’s debt profile varying.…

Africa spends upwards of US$ 35 billion per year importing food.…

Greater manufacturing potential as low-cost manufacturing opportunities continue to move to Africa.…

By mid this year, a lot was going on in Africa especially with the covid-19 pandemic which was eclipsing many other issues on the continent no matter the importance.…