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Tag Archives: ADB

Digital skills more critical for jobs in Asia-Pacific: ADB report

Manila, Philippines | Xinhua | Digital skills are increasingly in demand in Asia-Pacific, with 75 percent of employers in four countries reporting a rise in demand for new hires with digital skills over the last five years, according to a new joint report by the Asian Development Bank (ADB) and LinkedIn released …

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Rwanda to host the African Pharmaceutical Technology Foundation

Abidjan, Ivory Coast | THE INDEPENDENT | The African Development Bank’s Board of Directors has approved the establishment of the African Pharmaceutical Technology Foundation, a new groundbreaking institution that will significantly enhance Africa’s access to the technologies that underpin the manufacture of medicines, vaccines, and other pharmaceutical products. The Foundation …

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ADB boosts electricity connections with US$100million fund

Approximately 87,500 no-pole customers to be connected to the electricity grid Kampala, Uganda | THE INDEPENDENT | Uganda government has secured $100milion funding from the African Development Bank to switch-on some of the long-pending new electricity connection applicants under the Umeme electricity distribution footprint. Commissioned in Waibuga Sub County in …

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African Development Bank launches new Transaction Guarantee to support SMEs and trade in Africa

Abidjan, Ivory Coast | THE INDEPENDENT |   The African Development Bank (AfDB), through its Financial Sector Development’s Trade Finance operations, has launched a Transaction Guarantee instrument designed to provide up to 100% cover for non-payment risk to regional and international banks, for trade transactions initiated by local banks in Africa. The …

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KCCA earmarks UGX9 billion to deal with potholes in Kampala

  Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority-KCCA has set aside Shillings 9 billion to patch potholes on different city roads. The money comes from the Authority Budget for 2020/2021 for infrastructure works in Kampala, which includes road construction.  The Minister for Kampala Betty Amongi told journalists at the …

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