News & Events

Also known as “Dia da Vitória” and Lusaka Peace Agreement Day, it’s a day of reflection and unity. The President of Mozambique delivers a heartfelt speech and honours nation’s heroes with a solemn wreath-laying ceremony at a dedicated monument.

Africa, in a collective call, has urged the global community to take collective action in mobilizing resources for both development and climate action. African leaders, citing the Paris Summit for a New Global Financing Pact, have challenged the global community to fulfil its commitments. According to the pact, no country should face the dilemma of choosing between their development goals and climate action. President William Ruto and AU Commission Chairperson Moussa Faki, leading the initiative, have called on development partners to align their technical and financial resources with the goal of promoting the sustainable utilisation of Africa’s natural assets.

Read the original article here: https://www.africa-newsroom.com/press/africa-calls-for-global-action-to-combat-climate-change?lang=en

Matthew and Émile benefit from the second phase of the Lomé-Cotonou Road Rehabilitation and Coastal Protection Project. This development initiative, aimed at improving living conditions and promoting regional integration, received funding from a consortium of organizations, including the African Development Bank, the European Union, the West African Development Bank (BOAD), the Islamic Development Bank (IsDB), and the Global Environment Facility (GEF). The project’s total cost amounted to US$194.89 million, with the African Development Bank Group providing US$39.47 million in loans and donations, the European Union contributing US$19.48 million in donations, and additional funding secured through loans and donations from the BOAD, the IsDB, and the GEF.

Read the original article here: https://afdb.africa-newsroom.com/press/community-gearing-up-for-progress-as-renovated-lomecotonou-road-slashes-travel-times?lang=en