News & Events
03/07/2015 - The Boards of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved debt relief for the Republic of Chad under the Enhanced Heavily Indebted Poor Country (HIPC) initiative in the amount of US $37 million (at end 2000 Net Present Value terms, or approximately US $66.04 million, in nominal terms). This follows a joint assessment of the country in April 2015 by the IMF and World Bank as having attained the HIPC ‘Completion Point’.
03/07/2015 - The Executive Board of Directors of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved a US $62-million loan to finance the second phase of Kenya’s Support to Technical Vocational Education and Training (TVET) for Relevant Skills Development project.
02/07/2015 - The African Water Facility (AWF) announced on Wednesday, July 1, 2015 that it is providing a €1.2-million grant to the Government of Ethiopia to improve sanitation and faecal waste management in Arba Minch. The project will benefit over 21,000 people who will have access to improved toilet facilities. It will also boost local agriculture through the provision of new and affordable fertiliser.
01/07/2015 - The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved a US $22.5-million loan to the Republic of Congo to help finance the country’s Investment Climate and Forest Governance Support Project (PACIGOF).
30/06/2015 - Côte d’Ivoire’s President Alassane Ouattara headed a top-level line-up of political and business leaders on Tuesday, June 30 in Abidjan to launch the African Energy Leaders Group (AELG) in West Africa, with concrete plans to drive sector reforms and a pipeline of bankable investment projects for sustainable energy access across the region.
29/06/2015 - The African Development Bank and the International Cocoa Organization (ICCO) are poised to boost business opportunities in Africa’s cocoa sector, including youth employment and empowering women participation.
Both institutions recently met in Abidjan, Côte d’Ivoire, in order to see how they can cooperate to foster the transformation of the cocoa industry in Africa.
29/06/2015 - The air transport industry in Africa is on the resurgence and aviation is, “The next infrastructure growth frontier for Africa”. This was the message at the International Air Transport Association (IATA) Aviation Day for Africa and the Middle East held at Intercontinental Hotel in Nairobi, Kenya, on June 23-24, 2015 under the theme, “Connecting Africa: The Linkage of Regulation, Capacity and Infrastructure”.
29/06/2015 - High-level officials are meeting in the Ugandan capital Kampala from June 29-30, 2015 to give the green light on a proposed action plan on mainstreaming managing for development results (MfDR) at the national and regional levels.
26/06/2015 - The Board of Directors of the African Development Bank (AfDB), in its meeting on June 24, 2015 in Abidjan, approved the institution’s Knowledge Management Strategy (KMS) for 2015-2020.
The vision of this Knowledge Management Strategy is for the AfDB to become the premier knowledge institution in Africa in the areas of its mandate. This is a long-term goal and an aspiration, where the journey is as important as the destination.
26/06/2015 - African Development Bank President Donald Kaberuka concluded his East African tour with a farewell meeting with Kenya’s Head of State, Uhuru Kenyatta, on June 25th 2015.
Kaberuka’s decade-long term in office comes to an end in two months. He thanked the Kenyan Government for its support. “The mission for which Kenya sponsored me has been done to my best ability. We even make mistakes, but that is the nature of leadership. We have learnt lessons both ways,” he said.