News & Events
20/11/2013 - The Board of Directors of the African Development Bank Group (AfDB) approved US $68 million in financing for the multinational Inga Site Development and Electricity Access Support Project (PASEL). The project will further the development of the Inga hydropower plant located on the banks of the Congo River with a vast hydro-electric potential estimated at 44,000 MW – half of the continent’s installed electricity capacity.
20/11/2013 - The African Development Bank Group (the "Bank Group") Disclosure and Access to Information (DAI) Policy re-affirms the commitment of all Bank Group entities and staff to the principles of good governance, particularly transparency, accountability, increased access to information and active communication.
Categories: Economic & Financial Governance
20/11/2013 - The African Development Bank’s green growth side event at the 19th Conference of Parties (COP 19) in Warsaw, Poland, provided a strong case for the collective objective of ensuring the transition to green growth and sustainable development in Africa.
Categories: Poland, Climate Change, Environment, Private Sector, Climate Investment Funds (CIF), Green Growth Initiative, Green Bond Program, Global Environment Facility (GEF), Sustainable Energy Fund for Africa, Congo Basin Forest Fund
19/11/2013 - “Mainstreaming adaptation and climate change resilience into transport infrastructure development is a gradual process that is to be tackled at a strategic level,” was a key message from the African Development Bank, a co-sponsor of Transport Day 2013, in Warsaw, Poland, on November 17, during the UN Climate Negotiations known as COP19.
19/11/2013 - Rice production per hectare has tripled for farmers in South East Liberia, with yields up to 3tons per hectare for now, as compared with the traditional long-duration low-yielding, less than 1 ton per hectare.
19/11/2013 - November 14 marked a milestone in the history of Zaria, Kaduna State, with the launch of its $480 million Water Supply, Expansion and Sanitation Project. The start-up was launched at the site of the newly built water treatment plant in a ceremony with the Governor of Kaduna State; the Emir of Zazzau, Alhaji Shehu Idris; Ajisegiri Benson, representative of the Minister for Water Resources; and the Country Director of the African Development Bank as guests of honour.
19/11/2013 - Depuis 1964, année de création de la Banque africaine de développement, notre histoire se mêle à celle de la Tunisie, membre fondateur de notre institution. En près d’un demi-siècle de collaboration, nous avons apporté un soutien sans faille au pays. La preuve par les chiffres : la Banque y a conduit 120 opérations de 1968 à 2013, d’un budget total de plus de 13 milliards de dinars tunisiens, faisant ainsi de la Tunisie le deuxième bénéficiaire historique de l’institution.
18/11/2013 - An innovative project aimed at reducing rural poverty and household food insecurity will be launched on November 19 in Monrovia. The Smallholder Agricultural Productivity Enhancement and Commercialization (SAPEC) project is jointly financed by the Global Agriculture and Food Security Program (GAFSP) and the African Development Bank Group (AfDB). SAPEC project is managed and administered by the AfDB.
18/11/2013 - A critical issue for African countries “Human Resources for Health: foundation for Universal Health Coverage (UHC) and the post-2015 development agenda” was discussed among 2,000 participants from 80 countries at the Third Global Forum on Human Resources for Health (HRH) which took place November 10-13 in Recife, Brazil. The conference was followed by a Board meeting of the Global Health Workforce Alliance (GHWA) on November 14 to set up the future health workforce agenda, in which the African Development Bank is a member.
15/11/2013 - Multilateral development banks (MDBs) provided almost US $27 billion worldwide, in financing to address the challenges of climate change in 2012, according to the second joint MDB report on climate finance. The report was released today, in line with the commitment by MDBs to enhance the transparency of their investments in climate change mitigation and adaptation.
Categories: Climate Change, Environment, Energy & Power, Climate Investment Funds (CIF), Global Environment Facility (GEF), Green Growth Initiative, Green Bond Program, Sustainable Energy Fund for Africa