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AfDB annual meeting to boost African industrialisation, and other news (22 May 2018)

From the African Development Bank's focus on industrialisation to USAID's funding for Ebola help

Every Tuesday we highlight some of the international development stories from across the globe that have caught our attention.

  • The African Development Bank (AfDB) annual meeting started in Busan, South Korea, looking at ways to strengthen economic cooperation between South Korea and Africa, and discussing the industrialisation of African countries. Read more in Business Korea.
  • During the above meeting, AfDB and the UN’s Industrial Development Organisation (UNIDO) signed a memorandum of understanding to boost Africa industrialisation. Read more in the Sierra Leone Telegraph.
  • Ethiopia is working with Israel, alongside other countries in east Africa, to improve agriculture cooperation. This includes the development of new technologies, including those that will optimise the use of water. Farming accounts for over 80% of employment in Ethiopia, and half of GDP. Read more in East African Business Week.
  • Rapid urbanisation in south east Asia – 100 million people are expected to migrate from the countryside to cities – has led the development of ‘Smart cities’. Read more in The Nation (Thailand).
  • USAID have committed an additional $1 million to help those affected by the Ebola outbreak in the Democratic Republic of Congo. They have also provided personal protective equipment kits, laboratory materials, and technical expertise. Read more in CNBC Africa.