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Dr. Akinwumi Ayodeji Adesina is the 8th elected President of the African Development Bank Group, having taken the oath of office on September 1, 2015. He chairs the Boards of both the African Development Bank and the African Development Fund. Dr. Adesina served as Nigeria's Minister of Agriculture and Rural Development from 2011 to 2015.
The U.S. African Development Foundation (USADF) is an independent U.S. government agency established by Congress in 1980 to invest directly in African grassroots enterprises and social entrepreneurs. USADF's investments aim to increase incomes, revenues, and jobs by promoting self-reliance and market-based solutions to poverty.
The African Women’s Development Fund (AWDF) is a feminist non-governmental organization that operates throughout Africa and the Middle East. The AWDF’s purpose is to secure funding from different types of donors to create grants, which are then used to support a variety of feminist causes and organizations throughout the region. [1]
The Africa Climate Change Fund, often known as the Fund or ACCF, is a multi-donor trust fund that is specifically designed to support the African Development Bank's (AfDB) efforts to finance climate change three times as much as possible while also advancing the bank's mission to create an Africa that is resilient to climate change.
Fifteen African States and France participated in the creation of the Fund. [2] The application for membership of three other African countries was accepted by the original members as early as April 1977. [3] In France, the creation of the Fund was the subject of Law no. 77-732 of 7 July 1977. [4] ASF operations began in September 1979. [5]
Africa50's first investment was in December 2016, with Scatec Solar and Norfund, for development of a 100 MWDC solar power plant in Jigawa state, Nigeria.The total project cost will be about $150 million, with operations to start in 2018. [11]
In this role, Kaberuka helps raise at least US$14 billion for the Global Fund for 2020–2022. The funds will help save 16 million lives, cut the mortality rate from HIV, TB and malaria in half, and build stronger health systems by 2023, according to the Global Fund. [10] In 2021, the Board extended his tenure to the first Board Meeting of 2023 ...
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