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African Development Bank to provide US $7 million to Sudan for rural livelihoods’ adaptation to climate change in the Horn of Africa II

The African Development Bank Director General for East Africa, Gabriel Negatu, and Sudan’s State Minister of Finance and Economic Planning, Magdi Yassin, presided over the signing ceremony of a grant agreement (Rural Livelihoods’ Adaptation to Climate Change in the Horn of Africa II) of about US $7 million on May 23, 2018 during the African Development Bank Annual Meetings in Busan, Korea.

Why does Africa’s industrialization matter? Challenges and opportunities?

The African Development Bank Group (AfDB) will join other organizations to commemorate Africa industrialization day on 20 November 2017.

The objective is to raise awareness on the challenges and opportunities in financing the region’s industrialization, one of the prominent pillars of the Bank’s High5s. It is also an opportunity for the Bank Group to elaborate on how to galvanize support for promoting Africa's industrialization for improved living conditions of Africans.