News & Events

02/03/2012 - The Board of the African Development Bank (AfDB) approved an equity investment of USD 50 million into the Carlyle Sub Saharan Africa Fund on 22February. This fund is the first investment vehicle that the US-based private equity firm The Carlyle Group has raised to pursue its geographical expansion into sub-Saharan Africa.

Categories: Zambia, Namibia, Mozambique, Mauritius, Angola, Botswana, Ghana, Côte d’Ivoire, Private Sector Development

27/06/2011 - The Southern Africa region loomed large on the Bank’s operational radar in 2009, when loan and grant approvals to the countries climbed to USD 5.44 billion (UA 3.40 billion), from USD 769.44 million (UA 475.9 million) the previous year; representing over 600 percent increase. The numbers were propelled by two budget support loans amounting to USD 2.42 billion (UA1.51 billion) approved for Botswana and Mauritius, to help mitigate the impact of the global economic and financial crisis in these countries.

Categories: Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Namibia, South Africa, Swaziland, Zambia, Zimbabwe, Regional Integration

06/04/2011 - The Board of Directors of the African Development Bank (AfDB) today approved the 2011-2012 Regional Integration Strategy Paper for Southern Africa. Regional integration is one of the organisation’s priorities, , as reflected in its 2008-2011 Medium-Term Strategy, its Strategic and Operational Framework for Regional Operations and the its 2009-2012 Regional Integration Strategy.

Categories: Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Zambia, Zimbabwe, Transport, Information & Communication Technology, Regional Integration, Energy & Power

15/03/2011 - African Development Bank (AfDB) President Donald Kaberuka has affirmed his institution’s strong commitment to enhancing regional integration and growth in Southern Africa. Addressing the media close to the end of a six-day official visit to the region, Dr. Kaberuka said the AfDB had done well in terms of the volume of its support to South Africa and the broader SADC region but still had to do more in view of the challenges that still abound.

Categories: Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Zambia, Zimbabwe, Regional Integration, President's Corner

04/03/2011 - This annual mission is part of a programme of visits to the Bank Group’s regional member countries by the Board of Directors. The delegation will have the opportunity to exchange views with development partners, private sector representatives and civil society on development issues as well as discuss areas of further cooperation with Botswana.

Categories: Botswana, Board of Directors

02/03/2010 - Speaking on Monday, March 1, 2010, in Tunis within the framework of the African civil society organizations forum organized by the African Development Bank (AfDB) Group, Botswana’s former president, Festus Mogae, said the civil society was the voice of individual citizens and that which would provide a reality check on issues of popular concern, adding that the common factors between these diverse groups were their non-profit nature and facilitation of public participation in the social or civic life of a country.

Categories: Tunisia, Botswana, Human and Social Development

04/11/2009 - Executive directors of the African Development Bank (AfDB) Group approved near to USD 441 million in three loans for the implementation of projects in Botswana, Nigeria and Cape Verde, at their regular weekly session on Wednesday, 28 October 2009, in Tunis.

Categories: Nigeria, Botswana, Cape Verde, Energy & Power

30/10/2009 - The African Development Bank (AfDB) Group Board of Directors on Wednesday, 28 0ctober 2009 in Tunis, approved a loan of € 153 million to the Government of Botswana, to finance specific components of the Morupule B power station and associated transmission infrastructure.

Categories: Botswana, Energy & Power

04/06/2009 - Botswana is one of a number of countries that have been hit hardest by the current global financial crisis and economic downturn. This is mainly because of the dominance of the country’s mining industry, particularly diamonds, as the main economic driver and source of exports and government revenues.

Categories: Botswana, Economic & Financial Governance, Financial Crisis