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  • As Africa's Collective Debt Now Stands At 70% Of The Continent's GDP

By JVINN Okafor (Managing Editor/Head, Economic Desk) @AuntyJVIN

Development Bank President, Akinwumi Adesina, recipient of the 2017 World Food Prize, and Professor Joseph E. Stiglitz, recipient of the 2001 Nobel Memorial Prize in Economic Sciences, have called for a quick and comprehensive plan for debt restructuring in Africa.

 
  • * Says The World Must Not Short-Change Africa On Access To Vaccines

By Aminatta Diof (NewsLeader West Africa Correspondent, in Abidjan)

President of the African Development Bank, Dr. Akinwumi A. Adesina, has called for fair access to COVID-19 vaccines for Africans and said debt relief would help African economies recover faster and better from the pandemic.

 

By Aminatta Diof (Newsleader West African Bureau Chief, in Abidjan)

The Board of Directors of the African Development Bank have approved a $7 million grant from the Sustainable Energy Fund for Africa (SEFA), for technical assistance in setting up a mini-grid acceleration initiative to meet the needs of the continent’s fast-evolving renewable mini-grid industry.

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