African Risk Capacity launches Epidemic Insurance for African Countries

African experts and government officials came together for the launch of African Risk Capacity’s (ARC) Outbreak & Epidemic (O&E) insurance pilot programme on September 13-15 in Accra, Ghana. This product represents an effort to significantly improve the continent’s ability to protect against and respond to disease outbreaks and epidemics. Representatives from across Africa met to …

Multilateral Development Banks Increase Funding to Tackle Climate Challenge

The world’s six largest multilateral developments banks (MDBs) continued to make a strong contribution to the global climate challenge in 2016, increasing their climate financing in developing countries and emerging economies last year to $27.4 billion from $25 billion in 2015. Of this total, $21.2 billion or 77 percent was dedicated to climate mitigation finance, …

US African Development Foundation Invests in Young African Social Entrepreneurs

35 entrepreneurs from the 2017 Mandela Washington Fellowship will receive up to $25K in seed capital funding (Picture Source: USADF.gov) On September 6, the United States African Development Foundation announced an investment of $375,000 in seed capital funding for 35 young African social entrepreneurs for social and community change in 20 sub-Saharan countries in Africa. …

African Development Bank Invests $774 million in 6 African Countries

Akinwunmi Adesina, President, African Development Bank The African Development Bank announced its initial investment of $774million in six countries in Africa on Tuesday Sept 5. The investment is meant to accelerate progress on agribusiness ventures, youth empowerment and economic growth through its Feed Africa Initiative. The Bank aims to support 300,000 agribusinesses and create jobs …

World Bank Group Announces Record $57 Billion for Sub-Saharan Africa

The World Bank Group President Jim Yong Kim announced a record $57 billion in financing for Sub-Saharan African countries over the next three fiscal years in March 2017. The bulk of the financing – $45 billion – will come from the International Development Association (IDA), the World Bank Group’s fund for the poorest countries. The financing …

Domestic resource mobilization for sustainable development in Nigeria

Nigeria is committed to poverty reduction and the sustainable development goals recently approved at the 2015 United Nations General Assembly. The 17 goals replaced the eight millennium development goals agreed on by world leaders in 2000. Although Nigeria performed poorly on the MDGs, the post2015 sustainable development era offers tremendous opportunities for the country to …

Young people must be center of U.S. Africa policy

Global Public Square

By Zeenat Rahman, Special to CNN

Editor’s note: Zeenat Rahman serves as Special Adviser to the U.S Secretary of State for Global Youth Issues. You can follow her @zeenat. The views expressed are her own.

President Barack Obama’s just-concluded trip to Africa was focused on some of the issues you might expect from any presidential trip overseas: strengthening democracy, spurring economic growth, and enhancing peace and security. But with Africa’s emergence as a growing economic power, the president employed a strategy on his visits to Senegal, Tanzania, and South Africa that also seemed to recognize something that sets Africa policy apart – the need to engage with young leaders.

It is essential that we connect with – and invest in – the next generation of African leaders, and here’s why: on a continent of 1 billion people, more than 60 percent are under the age of 35. By 2050…

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After 2015, then what? Africa in a post-MDGs era

ChikaforAfrica

african-report-mdgs

In view of the under-achievement record of the Millennium Development Goals (MDGs), global policy makers have set out on a search for a more veritable replacement ahead of its 2015 expiration date. Designed in 2000 by developed countries on behalf of developing countries, the MDGs were collectively promoted as a near-final solution to the development quagmire that drowns a section of the globe. With most African countries at the bottom of the development ranking, the region’s leaders were all too eager to sign on to the MDGs. Across Africa, government representatives were quick to utter the initially unfamiliar acronym, especially in the hearing of donors.  After all, the donors were the ones who set the MDGs, the ones who wanted to spend their money on accomplishing these goals, and the ones who sent their monitoring and implementation team to Africa for follow-up.  And in that mindset lay perhaps the greatest…

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Right-based approach to health is key to universal health coverage in Africa

Healthcare is a human right. This means children should have access to healthcare when they need it. It implies pregnant women should be able to receive antenatal care and deliver safely in the presence of skilled birth attendants. If the right is protected, young people should adequate information about sexual and reproductive health and rights. …

African Union Invites Applications for Membership of High-level Continental Youth Consultation

The Department of Political Affairs at the African Union Commission invites applications from interested young leaders to join in the continental youth consultation on Constitutionalism and Rule of Law.The Commission hosts an annual High Level Dialogue on Governance; Trends, Challenges and Prospects which started last year. The theme for 2013 is Enhancing Constitutionalism and Rule …