News & Events
13/03/2013 - The African Development Bank (AfDB) has launched Open Data Platforms for the following 20 African countries: Algeria, Cameroon, Cape Verde, Democratic Republic of Congo, Ethiopia, Malawi, Morocco, Mozambique, Namibia, Nigeria, Ghana, Rwanda, Republic of Congo, Senegal, South Africa, South Sudan, Tanzania, Tunisia, Zambia and Zimbabwe
Categories: Tunisia, Morocco, Algeria, Cameroon, Congo, Democratic Republic of Congo, Zimbabwe, Zambia, Mozambique, Angola, Rwanda, Ethiopia, Senegal, Nigeria, Cape Verde, Côte d’Ivoire, Malawi, Namibia, Ghana, South Sudan, South Africa, Tanzania, Economic & Financial Governance
13/03/2013 - The 2006 Nobel Peace Prize laureate and micro-credit promoter in Bangladesh, Muhammad Yunus, on Tuesday 12 March in Tunis urged the African Development Bank (AfDB) to provide support to social business given its consequential impact on poverty reduction. Yunus was speaking before members of senior management of the AfDB during a meeting organized by the Office of the Chief Economist of the institution.
Categories: Tunisia, Economic & Financial Governance, Human and Social Development
AfDB Calls on Regional Member Countries and Donors to Support African Fertilizer Financing Mechanism
07/03/2013 - The African Development Bank Group invites Regional Member Countries and donors to support the Africa fertilizer financing mechanism (AFFM) financially to enable the mechanism to be legally operational as well as support its investment activities,” the Bank’s Sector Operations Vice-President Aly Abou-Sabaa told ministers and experts, on March 6,in Tunis at the 2nd Governing Council Meeting of the AFFM. The meeting was chaired by the African Union Commissioner for Rural Economy and Agriculture and Chairperson of the AFFM Governing Council, Rhoda Peace Tumusiime.
Categories: Tunisia, Economic & Financial Governance, African Fertilizer Financing Mechanism
04/03/2013 - Studies on banking competition in developing countries, and especially in Africa, are sparse. This 2013 study, published by the Chief Economist Complex of the African Development Bank, evaluates the degree of competition in the Zambian banking sector in the wake of dynamic market shifts induced by financial reforms, entry of new foreign banks and privatization of the state-owned bank. Competition is measured using the Panzar-Rosse H-statistic and the Lerner index from 1998-2011. To our knowledge, estimation of the time varying bank-specific Lerner index provides the first-ever documented empirical evidence on the evolution of competition in the Zambian industry.
Categories: Zambia, Economic & Financial Governance
01/03/2013 - Donald Kaberuka, President of the African Development Bank (AfDB), met on February 25 in Washington, DC, the heads of the World Bank, the European Bank for Reconstruction and Development, the International Monetary Fund and the Inter-American Development Bank. The goal of the meeting: to renew the commitment to further cooperation between the multilateral development banks (MDBs).
Categories: United States of America, Economic & Financial Governance
- Date: 04/03/2013
- Location: Tunis, Tunisia
“Promoting Economic Reforms in Developing Countries: Rethinking Budgetary Aid?” is the first paper to be discussed by the African Development Bank’s Office of the Vice-President (ORVP) and Chief Economist Complex (ECON) on March 4, 2013 in Tunis as part of the joint ORVP/ECON Bi-Monthly Country Economic/Thematic Review Meetings. Monday’s meeting marks the first of the 2013 series.
Categories: Tunisia, Economic & Financial Governance
28/02/2013 - This paper, published in January 2013 by the Chief Economist Complex of the African Development Bank, examines donor practices in the use of budgetary aid to promote economic and structural reforms in developing countries, notably in Africa. It is based on an observation in recent literature to the effect that, despite its increased use since its conception in the 1980s, budgetary aid appears to have had limited impact on the design and implementation of economic reforms in developing countries.
Categories: Economic & Financial Governance
28/02/2013 - The Board of Directors of the African Development Bank Group approved Wednesday in Abidjan, Côte d’Ivoire, a loan of US $300 million to finance the Transport Sector and Economic Governance Reform Program and the Nigeria Country Strategy Paper (CSP) for the period 2013-2017.
Categories: Côte d’Ivoire, Nigeria, Economic & Financial Governance, Transport
26/02/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, February 20 a Trade Finance package of US $200 million comprising an unfunded risk-sharing facility and a trade facilitation loan, to support Ecobank Transnational Incorporated’s (ETI) trade finance activities in Africa. The AfDB’s support will enable Ecobank to enhance its trade finance confirmation capabilities, avail medium-term liquidity support to ETI’s subsidiaries to provide appropriate trade finance to African small and medium enterprises (SMEs) and local corporates, and demonstrate appetite for Africa risk.
Categories: Private Sector Development, Economic & Financial Governance
26/02/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, February 20 an unfunded US $200-million Risk Participation Agreement (RPA) with Standard Chartered Bank (SCB). The facility will help address critical market demand for trade finance in Africa by providing support for trade in vital economic sectors such as agribusiness and manufacturing. Moreover, it will foster financial sector development, regional integration, and contribute to government revenue generation.
Categories: Private Sector Development, Economic & Financial Governance
