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  • * Says The World Must Not Short-Change Africa On Access To Vaccines

By Aminatta Diof (NewsLeader West Africa Correspondent, in Abidjan)

President of the African Development Bank, Dr. Akinwumi A. Adesina, has called for fair access to COVID-19 vaccines for Africans and said debt relief would help African economies recover faster and better from the pandemic.

 

By Aminatta Diof (Newsleader West African Bureau Chief, in Abidjan)

The Board of Directors of the African Development Bank have approved a $7 million grant from the Sustainable Energy Fund for Africa (SEFA), for technical assistance in setting up a mini-grid acceleration initiative to meet the needs of the continent’s fast-evolving renewable mini-grid industry.

 

By Abdel Rahman Aamir (NewsLeader North Africa Bureau Chief, in Cairo)

The Global trade expected to contract by 9.2% this year, having fallen by 2.9% in 2019; Africa’s share of global trade was 2.7% in 2019, below the 4% figure of the 1970s; informal cross-border trade which is a key component of intra-African trade is wide-spread in its composition; the African Trade Report estimates that in Eastern African ICBT is very high and could be worth as much as 80% of the value of formal trade in some countries; South Africa was the biggest contributor to Intra-African trade, accounting for 23% of total trade, in 2019.

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