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Ghana’s Northern Rural Growth Programme – innovative way to make agriculture a worthy investment for rural farmers

April 28th, 2017 / AllAfrica.com

The International Fund for Agricultural Development (IFAD) sought the African Development Bank’s (AfDB’s) financial support to implement the Northern Rural Growth Programme (NRGP) in Ghana at a total cost of US$ 92.79 million. The programme was designed with the overall goal of ensuring equitable and sustainable reduction of poverty and …

African Development Bank pumps $24bn into agriculture

April 26th, 2017 / Fresh Plaza, US

The African Development Bank (AFDB) has committed $24 billion towards Africa’s food production over the next 10 years in order to create jobs and increase food security, along with boosting the agriculture industry on the continent.
The funds and plan were released by the bank’s president, Dr Akinwumi Adesina during …

AfDB boss asks why Africa is importing $35bn in food annually

April 21st, 2017 / Africa News

President of the African Development Bank (AfDB), Akinwumi Adesina, says his outfit has achieved major milestones in this year alone but a lot more needed to be done to improve the continent’s economic fortunes.
Top of the AfDB’s proposals on how to ‘fast-track’ Africa’s economic potential is to improve the power …

How AfDB is helping transform agriculture in Africa

December 23rd, 2016 / Worldstagegroup.com

By 2025, Africa aims to feed its fast growing population with its own production. What is more, the world will need Africa’s help to feed an extra two billion people in the coming generation. So making the right investments right now is crucial to unleash the huge potential of Africa’s …

Private sector SMEs should be catalytic force in industrialization of agriculture

December 6th, 2016 / African Development Bank Group, Côte d'Ivoire

Private sector small and medium enterprises (SMEs) should be the catalytic force in the industrialization and modernization of agriculture, a paper delivered Monday at the 2016 African Economic Conference taking place in Abuja has proposed.
Chief Executive of Agrolay Ventures, Nigeria, Ada Osakwe, who spoke as a panelists at the “High …

AfDB President: We’re tired of being in the dark

June 23rd, 2016 / The Africa Report

AfDB president Adesina wants to use the bank to de-risk investments in electricity and agriculture and so help transform the continent’s economies. Read …

African Development Bank in fresh bid to fight malnutrition

May 25th, 2016 / AllAfrica

Top leaders at the African Development Bank (AfDB) Annual Meetings, organised in partnership with the Global Panel on Agriculture and Food Systems for Nutrition, have outlined a vision for a new high-level effort and shared new data that would strengthen the economic case for investment in nutrition across Africa. …