Regional Integration
Deeper regional integration within Africa is imperative to build markets and new opportunities for growth, job creation and improved living standards; to create more robust, competitive and diversified economies; and, to attract and reward new sources of investment finance. The Bank’s members have identified regional integration as a key strategic objective for the institution, and have set aside increasing amounts of African Development Fund (ADF, the AfDB concessionary window) resources to finance operations for this purpose. Going forward, the Bank will focus on deepening cross-border economic, commercial and policy linkages, including between ADF and ADB (the AfDB non concessionary window) countries.
Beyond project finance, which will concentrate on investments in cross-border infrastructure and selective support to regional public goods, the Bank will provide assistance and advisory services, including work with the African Union (AU) to increase the effectiveness and relevance of the network of regional and sub-regional economic communities and bodies.
The Bank’s new Framework for Regional Operations provides the basis for significantly expanded support, utilizing a pool of specifically earmarked ADF resources and clear guidelines to ensure selectivity, ownership and impact. Based on the current pipeline, approximately 83% of the earmarked resources will have been committed by end 2009.
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10/02/2012 - AfDB approves USD 41m funding to boost graduate employment in Malawi
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08/02/2012 - Visiting Chad’s finance and budget minister, Christian Georges Diguimbaye
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08/02/2012 - “Enormous resource requirements are needed by Sub-Saharan Africa’s agriculture sector” – Kanu
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08/02/2012 - AfDB 2012 agriculture strategy to focus on drought resilience building programme
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08/02/2012 - Bringing information on climate change to farmers for effectiveness of our actions – Nogoye Thiam, Climate change expert
