diplomacy&development

The ‘AAA’ rating from Moody’s follows earlier affirmations of the ‘AAA’ rating of the Bank, with stable outlook, by the other leading rating agencies. Moody’s Investor Service has affirmed the African Development Bank’s AAA credit rating, with a stable outlook. “The credit profile of African Development Bank (AfDB) (www.AfDB.org) is supported by the bank’s robust capital buffers and superior risk management, which mitigate risks,” Moody’s Investor Service said in an annual credit analysis dated 27 October 2020.  Moody’s added: “An ample liquidity buffer and unfettered access to international capital markets also support its ability to meet its debt-service obligations. Moreover, the bank has a long track record of being the premier development institution in Africa and benefits from shareholders’ ability and willingness to support its development objectives, exemplified by the significant contributions of highly rated non-regional member countries.” Dr. Akinwumi Adesina, President of t

Ubongo Learning and Molteno Institute for Language and Literacy are recognized for their dedication and outstanding innovative achievements in the field of education in Africa. Laureates for the 2020 cycle of Al-Sumait Prize for African Development in the field of Education have been endorsed by the Prize’s Board of Trustees for their outstanding work in educational development in Africa. The 2020 prestigious Al-Sumait Prize is jointly awarded to Ubongo Learning and Molteno Institute for Language and Literacy. H.E. Sheikh/Dr. Ahmad Al-Nasser Al-Mohammad Al-Sabah, Minister of Foreign Affairs and Acting Minister of Information presided over the Board of Trustees meeting. Ubongo Learning, which is based in Tanzania, is awarded the Prize for its “innovative and transformative initiative for disadvantaged children. It has tremendous potential in reducing the gap created by education disparities, by utilizing a massive scale-up approach, while delivering attractive edutainment materials thro

DRC President Félix-Antoine Tshisekedi Tshilombo in discussion with the  Japanese Ambassador to the Democratic Republic of Congo,  Hiroshi Ka rube   Japanese Ambassador to the Democratic Republic of Congo, Hiroshi Ka rube has reached the end of his term after four and a half years in the country. In this contexte he has met with the DRC President Félix-Antoine Tshisekedi Tshilombo to tell him good bye. Hiroshi Karube entered diplomacy in 1978 and has held several positions. In his country, he held positions in the “Economic Affairs” office, the “Foreign Policy” office and the “Cultural Affairs” department, etc. Abroad, he has served as Japanese Ambassador to the Netherlands, Sri Lanka, Canada and Asia, the Democratic Republic of Congo and Congo-Brazzaville.  As for Japanese cooperation in the Democratic Republic of the Congo, it dates back to the 1970s, when the country was still called Zaire. In the decades that followed, JICA, the Japan International Cooperation Agency, provided vita

La chanson porte un message de la Fondation Merk pour soutenir l’éducation des enfants et l’égalité des sexes dans l’éducation dans le cadre du «Programme Educating Linda» de l’organisation.  A l'occasion de la sortie de la chanson "ABC & 123 '' pour soutenir l'éducation des enfants en général et l'éducation des filles en particulier, le Dr Rasha Kelej, PDG de la Fondation Merck, président de Merck More Than a Mother, l'un des 100 plus influents Africans (2019, 2020) a déclaré: "Je suis très heureux de partager cette belle chanson, ABC et 123, du talent namibien: Sean K. J'ai produit cette chanson moi-même comme un message de la Fondation Merck pour soutenir l'éducation des enfants et l'égalité des sexes dans l'éducation. Même en temps de guerre et de pandémie, chaque enfant, garçon ou fille, a le même droit d'apprendre et de recevoir une éducation. Aucun enfant ne doit être laissé pour compte. Cependant, les conflits et la pand

The song carries a message from the Merk Foundation to support children’s education and gender equality in education as part of the organisation’s “Educating Linda Program”. On the occasion of the release of ‘ABC & 123’ song to support children’s education in general and Girls’ education in specific, Dr. Rasha Kelej, CEO of Merck Foundation, President of Merck More Than a Mother, One of the 100 Most Influential Africans (2019, 2020) said " I am very happy to share this beautiful song, ABC and 123, by Namibian talent: Sean K. I have produced this song myself as a message from Merck Foundation to support children’s education and gender equality in education. Even in times of war and pandemic, every child, whether a boy or a girl, has the equal right to learn and receive education. No child should be left behind. However, conflicts and the COVID-19 pandemic are interrupting children´s dreams and hope in Africa and developing countries. We have to work together to bring them back

The Bank has mobilized 1.13 billion euros for transport projects in Central Africa over the period 2015-2019.   The Economic and Monetary Community of Central Africa (CEMAC) announced on Tuesday, November 17 at the end of a roundtable of donors, that it had raised 3.8 billion euros in funds to finance eleven integration projects. regional, to be implemented between 2021 and 2025 in the six CEMAC countries.  “The total amount of funding announced or mobilized (at the end of the roundtable) amounts to around 3.8 billion euros, well beyond the amounts sought. The financing of eight projects out of the eleven has been fully completed, ” declared the permanent secretary of the CEMAC Economic and Financial Reform Program (PREF-CEMAC), Michel-Cyr Djiena Wembou.  This two-day round table, organized in a hybrid format (face-to-face and virtual), aimed to raise funds from bilateral and multilateral, traditional and emerging, public and private partners, in order to cover the financing needs of t

The DRC Head of State Félix Antoine-Antoine Tshisekedi Tshilombo at his office at the Palais de la Nation in Kinshasa with Christophe Bigot, Africa Director at the Quai d´Orsay The DRC Head of State Félix Antoine-Antoine Tshisekedi Tshilombo received this Thursday, November 19, 2020 at his office at the Palais de la Nation in Kinshasa, Christophe Bigot, Africa Director at the Quai d´Orsay.  Accompanied by François Pujolas, Ambassador of the French Republic in the DRC, BIGOT carried a message of friendship from French President Emmanuel Macron to his Congolese counterpart.  He gave him French support for the ambitious reforms undertaken by the Head of State Félix Antoine Tshisekedi, in the French diplomat’s own words. “France has always been a fervent support for the unity and independence of the DRC, it is important that we can remind ourselves of this,” said Christophe BIGOT after his meeting with the Head of State Félix Antoine Tshisekedi.  Christophe Bigot, Africa Director at the Qu