News & Events
25/01/2013 - “Africa needs strong independent energy regulators to attract private investment in its energy sector,” said African Development Bank President Donald Kaberuka on Wednesday, January 23, Day 2 of the World Economic Forum in Davos, Switzerland. In his meeting with the Prime Minister of Ethiopia, Hailemariam Desalgen, and Tony Blair, the former Prime Minister of the United Kingdom, Kaberuka discussed how best to galvanize private sector investment to close the energy gap in Africa.
Categories: Switzerland, Financial Crisis, Economic & Financial Governance, Energy & Power, Private Sector Development
24/01/2013 - The President of the African Development Bank Group, Donald Kaberuka, on Tuesday, January 22, called on world leaders to come together to debate ways to boost global economic growth. Speaking on the eve of the World Economic Forum in Davos, Switzerland, Kaberuka said: “Now more than ever, there is a critical need for leaders from all corners of the world to come together and brainstorm on solutions that will give global economic growth a big push. This time round, the challenge for all of us, is how to ensure that this growth becomes inclusive and sustainable.”
Categories: Switzerland, Financial Crisis, Economic & Financial Governance
21/01/2013 - The African Development Bank is hosting in Tunis a delegation from the World Bank Group in a series of meetings from Monday, January 21 to Wednesday, January 23, 2013 to discuss the joint strategy planning between the two Multilateral Development Banks (MDBs).
Categories: Tunisia, Economic & Financial Governance, Private Sector Development, Regional Integration, Infrastructure
16/01/2013 - The Board of Directors of the African Development Bank (AfDB) has approved today an equity investment of US $24 million in the East African Development Bank (EADB) to strengthen its balance sheet and contribute to improve its international credit rating.
Categories: Economic & Financial Governance, Private Sector Development
16/01/2013 - The Board of Directors of the African Development Bank (AfDB) has approved today a line of credit of 13 million euros to support small and medium enterprises and industries (SME/SMI) in Niger.
Categories: Niger, Private Sector Development, Economic & Financial Governance
09/01/2013 - A new report by the African Development Bank makes concrete proposals for the establishment of a monetary union in the Common Market for Eastern and Southern Africa region (COMESA). In order to achieve greater macroeconomic convergence in the region, the “Facilitating Multilateral Fiscal Surveillance in the Monetary Union Context with Focus on the COMESA Region” study envisages a boost to fiscal surveillance at both regional and national levels.
Categories: Economic & Financial Governance, Regional Integration
28/12/2012 - The African Development Bank and the Government of the Republic of Zambia signed, on December 19, a loan agreement for US $55 million to support the Itezhi-Tezhi Hydro Power and Transmission Line Project through the construction and operation of a 120 megawatt hydropower plant at Itezhi-Tezhi dam along the Kafue River. This loan was approved by the Bank’s Board of Executive Directors on June 13, 2012.
Categories: Zambia, Economic & Financial Governance, Energy & Power, Infrastructure
28/12/2012 - In his welcoming remarks the Zambian Minister of Finance and National Planning Alexander Chikwanda commended African Development Bank President Donald Kaberuka for the support the Bank has provided since 1971 amounting to US $1.4 billion. The Minister also commended the Bank’s initiative and support on the Kazungula Bridge project, which links Botswana and Zambia over the Zambezi River.
Categories: Zambia, Energy & Power, Economic & Financial Governance, Infrastructure
27/12/2012 - African Development Bank President Donald Kaberuka met with cooperating partners and ambassadors in Lusaka on December 21 to discuss development opportunities and challenges in Zambia.
Categories: Zambia, Regional Integration, Private Sector Development, Economic & Financial Governance
27/12/2012 - The Governor of the Bank of Zambia, Michael Gondwe, commended African Development Bank President Donald Kaberuka for his outstanding leadership and the Bank’s positive contribution to the economies of the continent. Gondwe’s comments came during a Bank of Zambia luncheon hosted in honour of Kaberuka, which was attended by former AfDB Bank President, Willa Mung’Omba (1980 to 1985), the former Governor of the Bank of Zambia, and former Government of Zambia Finance Ministers, among others.
Categories: Zambia, Economic & Financial Governance, Infrastructure, Transport
