News & Events
25/05/2013 - “The sleeping giant is on its way,” stated African Development Bank President Donald Kaberuka during the opening of the 50th anniversary of the African Union in the Ethiopian capital Addis Ababa on Saturday, May 25, as leaders from across the continent marked the progress made over the past five decades.
24/05/2013 - The African Development Bank (AfDB) has launched its second Uganda-shilling denominated bond on the domestic capital market. The UGX 12.5 billion bond is opened for subscription until the 27th of May. It is the latest issuance under the UGX 125 billion Medium-Term Note (MTN) Programme originally established in mid-2012.
24/05/2013 - The President of the African Development Bank Group, Donald Kaberuka, Thursday, May 23, in Tunis, called on the Tunisian Prime Minister, Ali Laarayedh.
23/05/2013 - Africa needs accelerated growth and “structural transformation” in order to take the bulk of its population out of poverty.
23/05/2013 - For the African Development Bank’s Energy, Environment and Climate Change Department, transforming Africa means powering a climate-smart and greener continent. It entails supporting transformative infrastructure projects to increase energy access backed by both large-scale and off-grid solutions, promoting sustainable use of natural resources, supporting climate-resilience with concessional climate and environmental finance, and ensuring that all projects comply with international and social best practices.
23/05/2013 - The African Development Bank and the Government of Malawi (GoM) signed two grants amounting to UA 6 million (about US $9 million) on May 23, for budgetary support and a Hydroelectric Power Plant Feasibility Study. The US $6 million additional Crisis Response Budgetary Support follows the initial US $39 million provided in July 2012 to support Malawi’s reforms aimed at restoring macroeconomic stability and enhancing public finance management, as well as support social protection measures.
23/05/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Tuesday, May 22 a USD 20 million Trade Finance Line of Credit for UT Bank Ghana (UT Bank) to support the trade finance activities of Small and Medium Enterprises (SMEs) and local corporates in Ghana.
23/05/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Tuesday, May 22, a USD 100 million unfunded Risk Participation Agreement (RPA) between the AfDB and Commerzbank AG under which the two banks will share the default risk on a portfolio of qualifying trade transactions originated by issuing banks in Africa and confirmed by Commerzbank AG.
22/05/2013 - Many African nations are booming, and despite high population growth, the proportion of people living in extreme poverty has declined by 16% over the last decade. As African governments accelerate efforts to transform their economies and boost growth, there are growing demands to ensure that growth is equitable and benefits all African citizens.
22/05/2013 - Following the launch in March 2013 of Open Data Platforms in 30 African countries, the African Development Bank (AfDB) has launched additional data platforms in the following 10 African countries: Burkina Faso, Burundi, Central African Republic, Chad, Gabon, Mali, Madagascar, Niger, Somalia, Sudan. This brings to forty (40) the number of African countries already connected to the Open Data network (www.afdb.org/statistics).