News & Events

06/04/2012 - China’s presence in North African economies is expanding rapidly, as both an important trading partner, and increasingly as an investor. Chinese involvement can be readily seen in North African sectors like energy, infrastructure development, retail trade and, increasingly, in manufacturing. Yet, at the same time, North African industry has experienced the fallout associated with Chinese competitiveness in manufacturing within their domestic market and in third country markets.

Categories: Algeria, Egypt, China, Human and Social Development, Youth

21/02/2012 - France’s minister for cooperation, Henri de Raincourt, its secretary of state for foreign trade, Pierre Lellouche, represented by Delphine d’Amarzit, multilateral affairs and development manager at the general directorate for Treasury, and the vice president for sector operations from the African Development Bank (AfDB), Kamal Elkheshen, met in Paris on 21 February 2012, where more than 200 people gathered for a conference on money transfers to Africa from migrants

Categories: Tunisia, Morocco, Algeria, Libya, France, Migration and Development Initiative

04/01/2012 - The Migration and Development Fund’s oversight committee recently approved a series of grants amounting to € 1.4 million to six remittances funded local development projects across the African continent.

Categories: Tunisia, Algeria, Morocco, Côte d’Ivoire, Benin, Togo, Migration and Development Initiative

09/12/2011 - The agricultural sector in the Maghreb is using natural resources so intensively that there is an urgent need to install government control mechanisms at both the national and local level. The rapid growth in the use of ground water for irrigation has resulted in a major increase in agricultural productivity, but the practice is unsustainable because of the over-use of aquifers and salinisation of the water and soil.

Categories: Tunisia, Morocco, Algeria, Agriculture & Agro-industries, Water Supply & Sanitation

23/11/2011 - Youth unemployment across North Africa is one of the highest in the world. The paper, Tackling Youth Unemployment in the Maghrebit identifies the main causes and gauges the extent of youth unemployment in the Maghreb. It also assessesing initiatives taken to address the problem and proposes options for policy makers.

Categories: Tunisia, Morocco, Algeria, Youth, Human and Social Development

14/10/2011 - In its new publication, Islamic Banking and Finance in North Africa, the African Development Bank assesses the state of Islamic banking in the region and explains why its use has been limited. The report considers the future potential of Islamic finance, including its possible alignment with North Africa’s development goals, particularly its ability to increase the diversification of funding sources.

Categories: Algeria, Egypt, Libya, Mauritania, Morocco, Tunisia

13/07/2011 - The Board of Directors of the African Development Bank (AfDB) has approved a €20-million equity investment in the Maghreb Private Equity Fund III (MPEF III). This third-generation multi-sector private equity fund will target investments in Small and Medium Enterprises in Morocco, Algeria, Tunisia, Libya and, according to emerging investment opportunities, Egypt.

Categories: Algeria, Egypt, Libya, Morocco, Tunisia, Infrastructure, Private Sector Development

09/06/2011 - The African Development Bank Group (AfDB), which pledged US$ 500 million in budget support for Tunisia in May 2011, is in discussions with Egypt for similar support, and is also willing to assist Libya “when the time comes”, the president of the AfDB, Donald Kaberuka, said on 9 June 2011 in a speech at the opening ceremony of the AfDB’s Annual Meetings in Lisbon, Portugal. However, he also called for more European help for North Africa.

Categories: Portugal, Algeria, Egypt, Libya, Morocco, Tunisia, Côte d’Ivoire

25/05/2011 - The African Development Bank (AfDB) Group has published an annual report for North Africa which highlights the importance of inclusive growth following recent changes in the region. Morocco, Egypt, Tunisia and Algeria are among the highest beneficiaries of AfDB operations.

Categories: Algeria, Egypt, Libya, Mauritania, Morocco, Tunisia