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06/11/2014 - The African Development Bank (AfDB) approved on November 5, 2014 in Abidjan a US $148 million multi-sector senior Line of Credit (LoC) to Equity Bank Limited of Kenya (Equity Bank) for on-lending to key economic sectors in the country.

Categories: Kenya, Agriculture & Agro-industries, Economic & Financial Governance, Infrastructure, Information & Communication Technology, Private Sector


06/11/2014 - US Treasury Secretary Jacob Lew recently paid a visit to the Sokoine electricity supply sub-station in the Ilala District of Dar es Salaam, Tanzania. The expansion of the substation and the construction of at least one of its control rooms are among the many activities scheduled under the African Development Bank (AfDB)-financed Electricity V project in Tanzania. Electricity V will be implemented in Arusha, Dar es Salaam, Mwanza, and in the Shinyanga region of the country.

Categories: Tanzania, Energy & Power, Power Africa Initiative


04/11/2014 - Fifty years ago, on 4 November 1964, Ministers from 23 then independent African States convened in Lagos, Nigeria, for the inaugural meeting of the Board of Governors of the African Development Bank.

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04/11/2014 - Over the course of the 5th African Rift Valley Geothermal Conference (ARGeo C-5), the African Development Bank (AfDB) has clearly reaffirmed its on-going support to the development of geothermal power in the East Africa Rift Valley region.

Categories: Climate Change, Energy & Power, Climate Investment Funds (CIF)


04/11/2014 - There have been substantial gains in achieving universal education with net enrollment reaching 90% in developing countries and 77% in Sub-Saharan Africa in 2011, as the United Nations states in a 2013 report.

On the down side, however, this increase in enrollment has not been accompanied by an increase in quality output.

Categories: Ethiopia, Education, Human Capital Development, Youth


04/11/2014 - Policy-makers in Africa have been urged to improve labour market outcomes and promote inclusive growth.

 

This is addition to promoting commodity-based industrialization to reduce the high and challenging youth unemployment rate in Africa.

Categories: Ethiopia, Human Capital Development, Employment, Youth, Education, Structural Transformation


04/11/2014 - Universities in Africa largely lag behind others from elsewhere in the world because governments do not invest enough in infrastructure and facilities that enable creative and innovative research.

The debate was tabled on Sunday at the African Economic Conference in Addis Ababa, Ethiopia, an annual gathering organized by African Development Bank (AfDB), United Nations Economic Commission for Africa (ECA) and the United Nations Development Programme (UNDP).

Categories: Ethiopia, Education, Human Capital Development, Youth


04/11/2014 - Africans should believe in their own knowledge. This was the advice of researcher Hilary Nwokeabia at the 9th edition of the African Economic Conference on Sunday, November 2 in Addis Ababa.

Categories: Ethiopia, Agriculture & Agro-industries, Economic & Financial Governance, Education, Infrastructure, Human Capital Development, Structural Transformation, Youth, Health


04/11/2014 - Where will Africa want to be in the next decades and what are the key scenarios building? What is going to shape the continent’s future for its transformation? These were the questions panelists dealt with, on Day 3 of the African Economic Conference, which took place in Addis Ababa from November 1-3.

Categories: Ethiopia, Agriculture & Agro-industries, Education, Information & Communication Technology, Infrastructure, Human Capital Development


03/11/2014 - Global infrastructure needs to 2030 are estimated to be $57 trillion . For both public sector and private sector investors in the developing markets there has been a lack of well-prepared projects to fulfil these needs. This has led to a widening infrastructure gap between what is required and what is delivered.

Categories: United Kingdom, Infrastructure, Private Sector, Partnerships, Africa50 Infrastructure Fund, NEPAD



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Kichere Mwita - Tanzania 23/10/2014 17:30
AfDB is highly inspired by many Africans for well done jobs of supporting African countries to achieve its greatest potential development. You and me should be proud of having AfDB. We should offer support and be ready to defend it for the benefits of present and future generations.

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