News & Events
24/04/2012 - In the last decade, Egypt has achieved significant annual economic growth. But at a cost. Rapid economic growth, together with an increase in population and a move to the cities, has increased the demand for energy, particularly electricity.
Categories: Egypt, Energy & Power
13/04/2012 - Egypt’s fuel subsidy program, designed to ease the lives of the poorest of its population, is becoming a serious drain on its national economy, according to a new study from the African Development Bank (AfDB).
Categories: Egypt, Energy & Power
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
- Date: 30/10/2011
- Location: Cairo, Egypt
The meeting of the Committee of Ten (C10) Finance Ministers and Central Bank Governors took place on 30 October, 2011 in Cairo, Egypt.
Categories: Egypt, Financial Crisis
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
16/09/2011 - The Deauville Partnership, set up at the G8 meeting in the French seaside town in May 2011 with the aim of supporting political and economic transformation in Tunisia, Egypt, Jordan and Morocco, has welcomed five new members.
Categories: France, Kuwait, Qatar, Saudi Arabia, Turkey, Tunisia, Morocco, Egypt, United Arab Emirates, Deauville Partnership
09/08/2011 - African Development Bank President Donald Kaberuka is on a two-day working visit to Egypt. Meeting with Prime Minister Essam Sharaf and members of cabinet in Cairo on Monday, 8 August, Mr. Kaberuka reaffirmed the Bank's continued support as the country goes through momentous changes.
Categories: Egypt, Private Sector Development
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
27/06/2011 - Egyptian journalist Lamia Hassan has been awarded the 2011 CNN/MultiChoice African Journalist Environment Award. Hassan, who works for Business Today Egypt, won the award for her story ‘Washed up’, which was chosen from among 1407 entries from 42 nations across the African continent.
Categories: Egypt
16/06/2011 - The African Development Bank launches The Arab Republic of Egypt: Competitiveness Report update 2010 and share the fruits of analytical work and discussions with the Bank’s Egyptian partners over the last year. While the social and political changes that have swept across Egypt, and North Africa at large, have taken center-stage in the first months of 2011, the underlying economic dimensions of these changes are critically important. And the topic of this report is, in several ways, at the core of the economic challenges facing Egypt today.
Categories: Egypt
