AfDB boosts capital as African leaders target climate-tied debt
Calls for more debt relief and climate finance dominated the multilateral development bank's annual meeting.
Founded in 1964 to reduce poverty and improve living conditions for Africans, Ivory Coast-based AfDB is one of five multilateral development banks (MDBs) in the world. Its main entities are the African Development Bank, African Development Fund and Nigeria Trust Fund.
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Calls for more debt relief and climate finance dominated the multilateral development bank's annual meeting.
As the world becomes a less peaceful place, a new report finds a clear connection between more violence and corruption.
Based on a final tally for its seventh replenishment cycle, the board said it has approved spending US$13.7 billion in more than 120 countries over the next three years to fight HIV, TB and malaria and strengthen those nations' health systems.
Hunger, vaccine patents and fishing subsidies top the agenda as the global trade body holds its first ministerial conference in four and a half years.
Proportion of voting rights in international organizations, with only small changes over time to reflect agreement on suspension and negotiated changes.
The African Development Bank Group launched emergency measures to provide up to US$10 billion in credit for those struggling with the coronavirus pandemic.
The African Development Bank Group will no longer support "19th century technologies" like coal and oil and will help create the world's largest "solar zone."
The U.N.'s new human rights chief and UNICEF are generating thousands of engagements on Twitter, another sign of how indispensable social media has become for organizations.
The African Union's theme this year is "Winning the Fight Against Corruption: A Sustainable Path to Africa's Transformation," building on a previous initiative.