Vice-President, Yemi Osinbajo, SAN, receives African Development Bank Vice-President for Power, Energy, Climate Change and Green Growth, Amadou Hott, and other African Development Bank Senior Managers in his Office to discuss Nigeria’s Power Sector Recovery Program (PSRP), State House Abuja.
The African Development Bank has undertaken a mission to hold further discussions on Nigeria’s Power Sector Recovery Program (PSRP) with several stakeholders in Abuja, the country’s capital, from March 14-16, 2018. The high-level mission was led by Amadou Hott, the Bank’s Vice-President for Power, Energy, Climate Change and Green Growth.
The Bank will focus on supporting the program in three primary areas including operational and technical intervention, addressing governance issues and policy-based support. The program is designed to promote energy access to rural communities, through the expansion of the transmission grid, development of innovative financing products and provision of technical assistance to improve revenue generation by the distribution companies.
The goal of the mission was to identify opportunities for collaboration in the program. It included meetings with relevant Ministries, departments and agencies to harmonize plans and areas of intervention, including the Federal Ministries of Finance, Power, the Nigerian Electricity Regulatory Commission, the Transmission Company of Nigeria, the World Bank and solar power developers.
The African Development Bank’s energy strategy identifies energy as crucial not only for the attainment of health and education outcomes, but also for industrialization, reducing the cost of doing business and for unlocking economic potential and creating jobs. In line with its High 5 development priorities, the Bank is committed to supporting Nigeria in the effective and efficient implementation of the country’s Power Sector Recovery Program.
Akinwumi Adesina, President of the African Development Bank, has said that “Africa is simply tired of being in the dark. It is time to take decisive action and turn around this narrative: to light up and power Africa – and accelerate the pace of economic transformation, unlock the potential of businesses, and drive much-needed industrialization to create jobs.”
The African Development Bank will launch 12 new projects funded by the Agriculture Fast Track Fund (AFT) on March 27-29, 2018 to support agribusiness SMEs in Ghana and five other countries – Burkina Faso, Ethiopia, Ghana, Malawi, Mozambique and Nigeria
The Agriculture Fast Track Fund is managed by the African Development Bank to support the development of a strong pipeline of “bankable” agriculture infrastructure projects, funded by the governments of the United States, Denmark and Sweden, in support of project preparation activities to facilitate the takeoff of African small and medium-sized enterprises (SMEs).
The AFT finances the project development cost of a broad range of agriculture infrastructure spanning the entire value chain, from production to market. Target projects range from rural feeder roads to agro-processing and marketing facilities, and outgrower schemes. Emphasis are on projects that contribute to food security and support to smallholder farmers.
The projects are being implemented in 10 eligible regional member countries of the Bank – Benin, Burkina Faso, Côte d’Ivoire, Ethiopia, Ghana, Malawi, Mozambique, Nigeria, Senegal and Tanzania.
The African Development Bank (AfDB) has announced the appointment of Ms. Oley Lucretia Clara Dibba-Wadda as Director of Human Capital, Youth and Skills Development with effect from July 1, 2017.
A citizen of the Republic of The Gambia, Ms. Dibba-Wadda is a social development executive and strategic analyst with over 20 years of leadership and management experience. She is an expert in African and international policies on education, gender equality and youth development.
“Oley is a well-respected leader in the field of education and her leadership has been inspiring in mobilizing African decision makers to focus on human capital and youth development on the continent. Her extensive experience, passion and commitment to the education of girls and skills development for the youths, will help advance the Bank’s focus on building Africa’s workforce of the future and creating jobs for the youths,” said Akinwumi Adesina, President of AfDB
Before her appointment, she was the Executive Secretary of the Association for the Development of Education in Africa (ADEA) – a pan-African Institution (hosted by the African Development Bank). She had earlier worked as the Executive Director of the Forum for African Women Educationalists (FAWE), a pan-African organization for promoting the education of girls across sub-Saharan Africa. She had also worked as the Executive Director of Femmes Africa Solidarité (FAS) – an Africa-wide organization on women, peace and security in Africa.
Ms. Dibba-Wadda has held several other management and advisory roles in various international development agencies, including Oxfam, Great Britain, the Commonwealth Education Fund and Concern Universal. She is a Global Ambassador for 10X10 and Concern Universal and chairs and sits on several Advisory Boards and Committees.
A certified life coach, Ms. Dibba-Wadda has over the past 19 years been providing coaching and mentoring support on emotional life skills to several youths across the African continent. She is the founder of the Gam Africa Institute for Leadership (GAIL) in The Gambia and a strong advocate and champion for youth development in Africa.
In recognition of her exemplary contribution towards human development, she was awarded the “Inspiring Woman of Excellence” in 2012 and the “African Woman Leadership” in 2013. She was one of the nominees for the “2017 New African Woman in Education.”
She holds a Master’s degree in Gender Analysis in Development from the University of East Anglia in the United Kingdom and a Diploma in Gender and Developmen
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