Egyptian astronaut promotes African space initiatives

Egyptian astronaut promotes African space initiatives

Sara Sabry of Egypt, the first African woman in space, is calling for more Africans to participate in space exploration and take advantage of related technologies and economic opportunities. “I don’t think space should be such an exclusive club. To be the first at something is to kick down the…

Laureen Fagan

Laureen is the editor of Africa Times

AfDB launches project to combat money laundering, corruption

AfDB launches project to combat money laundering, corruption

The African Development Bank (AfDB) and the Coalition for Dialogue on Africa (CoDA), an independent African forum, announce a three-year project to help curb money laundering, bribery and other illicit financial flows (IFF) in African nations. The formal launch of the African Financial Integrity and Accountability Support Project (AFIAP) was…

Laureen is the editor of Africa Times

African leaders express shock, sorrow over Shinzo Abe death

Condolences poured in from across the world over the death of Japan’s former prime minister, Shinzo Abe, with the leaders of African nations expressing sorrow over the tragic shooting Friday during Abe’s speech in the city of Nara. Pravind Kumar Jugnauth, prime minister of Mauritius, said he was deeply shocked…

AfDB, AU heads hold ‘surprise’ talks in Dakar airport lounge

Akinwumi Adesina, head of the African Development Bank (AfDB), says he was in the VIP lounge of Dakar’s Blaise-Diagne International Airport with Senegal’s economic minister this week when another African dignitary walked in. The surprise guest was Moussa Faki Mahamat, head of the African Union Commission. What followed, the AfDB…

AfDB, Janngo announce €10.5 million in startup investment funds

The African Development Bank (AfDB) has announced the approval of €10.5 million in investment funds to support African tech entrepreneurs through the Janngo Start-Up Fund. The funds include €7 million from the AfDB and a €3.5 million contribution from the European Union and the Organization of African, Caribbean and Pacific…

African leaders make climate case at US-hosted summit

South African President Cyril Ramaphosa says his country will begin reducing carbon emissions in 2025, 10 years earlier than previously projected. “With regard to our energy resources, we plan to build capacity to generate over 17 gigawatts of renewable energy by 2030,” said Ramaphosa, speaking at the Leaders Summit on…

African designers invited to show off sustainable fashion

There’s not a lot of fashion news covered here at AT, but there’s a good reason when the African Development Bank (AfDB) and its partners announce a Fashionomics Africa contest to advance the circular economy. The inaugural online contest invites African fashion designers and brands to submit their “best sustainable…

Adesina elected to 2nd term as AfDB president

Akinwumi A. Adesina has been re-elected to another five-year term as president of the African Development Bank, during a board vote that came on the last day of the AfDB annual meeting. Adesina received the unanimous vote of all regional and non-regional AfDB members, despite questions about his leadership raised…

Liberia gets $35 million in renewable energy funds

Liberia’s clean-energy plans are getting a boost from the African Development Fund, which has approved a $34.7 million grant and loan package to improve renewable energy access and promote investment in the West African nation. Renewable Energy for Electrification in Liberia, the first project, has been awarded more than $33…

Summit in Kigali aims to boost women’s entrepreneurship

In Kigali, the African Development Bank has kicked off its World Summit on Gender with appeals to improve women’s access to financial resources they need to grow businesses and boost development. And with that, they received an endorsement from AfDB president Akinwumi Adesina. “When women borrow, they always pay back….

Malawi gets $13 million to boost its Blue Economy

Africa’s vision for the “Blue Economy” got a boost from African Development Bank Group (AfDB) this week, with the announcement of US $13.2 million in financing for fisheries and aquaculture in Malawi. The country’s government will add another $1.38 million for the Sustainable Fisheries, Aquaculture Development, and Watershed Management project…