News & Events
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
11/05/2011 - The Report, titled, “The BRICs in North Africa: Changing the Name of the Game?” says the group, which comprised Brazil, Russia, India and China during the time covered by the report (South Africa joined in 2011) is drawn to the region due to a growing need for raw materials and minerals; an amenable investment and regulatory climate; its relatively large population and overall GDP; low production and labour costs, and geographical proximity to European and Middle East markets.
Categories: Algeria, Egypt, Libya, Mauritania, Morocco, Tunisia, Brazil, India, China, Regional Integration
17/02/2011 - Egypt, one of the Bank’s largest clients and shareholder is entering a critical part of its recent history through a delicate political transition. The success of which transition is key to a brighter future.
Categories: Egypt
23/12/2010 - A USD 550-million African Development Bank (AfDB) Loan, approved on 15 December 2010, will help Egypt build a new 650-MW power plant.
Categories: Egypt, Energy & Power
21/12/2010 - In line with its strategy to boost energy infrastructure to accelerate Africa’s development, the African Development Bank (AfDB) Group approved over USD 1 billion in energy projects across the continent during the last few weeks of 2010.
Categories: Egypt, Ethiopia, Kenya, Tanzania, Democratic Republic of Congo, Energy & Power
18/06/2010 - The operating rules and procedures of the IRM encourage transparency. All our reports, including decisions made by the President or the Boards are published and posted on the Bank’s website (www.afdb.org/irm). When the IRM is mandated to monitor the implementation of findings and recommendations of compliance reviews and management’s action plans, the IRM monitoring reports are also posted on the website.
16/06/2010 - The African Development Bank (AfDB) Group has taken a major step in its efforts to improve the way it does business by strengthening the institution’s Independent Review Mechanism (IRM), to ensure that people benefit fully from projects and programmes financed by the institution
- From: 04/05/2010
- To: 05/05/2010
- Location: Cairo, Egypt
2nd North Africa and Middle East Solar Conference centers on how to finance, develop and build utility scale solar projects in North Africa and Middle East (MENA).
Categories: Egypt, Energy & Power, Climate Change, Environment
19/03/2010 - The African Development Bank (AfDB) Group has approved a USD 200-million senior loan and a US$ 25-million Subordinated Convertible Loan to the Egyptian Refining Company (ERC).
Categories: Egypt, Energy & Power, Infrastructure
