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AfDB

in Policy, Women & Girls

How African Women are Changing Diplomacy on the Continent, Abroad

In the Africa of yore, it was simply enough for women to be satisfied with traditional roles of raising children, cooking and other roles assigned to them by their respective society. Those roles have traditionally greased the ambitious wheels of their husband and male counterparts, and often in the past led to discriminations, repressions and subjugations of women by men. Right now, a cultural shift is taking place among men- fathers are now valuing their daughters as much as their they valued sons and thus encouraging girls to pursue education and work outside of home, and as a result, there are a new breed of leaders in Africa: Women.

In the last decade, Africa now counts a historic five female presidents. Rwanda- the once war-torn country now ranks highest in Africa as the most inclusive society for women in sub-Saharan Africa for having women majority in its parliament.

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AfDB Puts Gender Equality at Center of Energy Agenda

African Development Bank is using this year’s Sustainable Energy for All Africa conference to push forward its renewable energy agenda for Africa as well as raise awareness among African countries and development partners about ensuring gender equality.

During a three-day meeting held last week in Abidjan, AfDB’s Acting First Vice President and Chief Operating Officer, Charles Boamah told a group of more than 100 international and domestic business, government, and civil society leaders that an expeditious improvement of access to renewable energy has become a top priority of many African countries and leaders, and that the Bank plans to “ramp up its investments- equity, loans, grants and guarantees along with co-financing and syndication,” under the New Deal on Energy for Africa.

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Ethos-led Consortium Takes 80% Stake in RTT Group

Ethos Private Equity said on Tuesday it has led a private equity consortium to acquire 80 percent stake in RTT group, a logistics company, for an undisclosed sum. The consortium members include African Development Partners II, a private equity fund advised by Development Partners International (DPI) and the Government Employees Pension Fund (GEPF), represented by the Public Investment Corporation (PIC).

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