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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.

Private sector green growth strategies from Rwanda and Ethiopia are models to emulate

Rwanda and Ethiopia have economic development models that can promote the financing of climate resilience and development-led green economies. The two countries’ models were presented at an event on May 25 during the 2018 Annual Meetings of the Board of Governors of the African Development Bank in Busan, Korea.