News & Events
22/04/2013 - Meeting in Washington DC, USA, on April 18, 2013, the Committee of Ten (C10), comprising of African Ministers of Finance and Central Bank Governors called for strong support for the African Development Fund (ADF) and argued for a true transformation of African economies.
19/04/2013 - The Committee of Ten African Ministers of Finance and Central Bank Governors (The C-10) met on 19, April 2013 in Washington, alongside the World Bank and IMF Spring meeting. The Committee strongly call for robust replenishment of the 13th African Development Fund of the AfDB Group, consistent with Africa’s needs at this time.
29/01/2013 - On the sidelines of the World Economic Forum, which took place last week in Davos, Switzerland, African Development Bank Group President Donald Kaberuka emphasized that building human capital is essential for the African continent to achieve inclusive growth and economic transformation.
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.
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.”
27/12/2012 - African Development Bank President Donald Kaberuka said African countries have made great strides in growing their economies despite the global financial crisis during an official visit to Lusaka, Zambia, on December 19.
23/10/2012 - Hundreds of leaders and scholars from Africa and around the world will gather in Kigali, Rwanda, from October 30 to November 2 to debate the continent’s prospects for sustainable and inclusive growth in the context of the international economic crisis.
05/10/2012 - The 7th African Economic Conference (AEC) will take place in Kigali, Rwanda, from October 30 to November 2, 2012 on the theme, “Fostering Inclusive Growth and Sustainable Development in Africa in an Age of Global Uncertainty.”
26/09/2012 - The African Development Bank “AAA” ratings were affirmed with a stable outlook by the four leading international rating agencies that rate the Bank. According to Standard & Poor’s, Moody’s, Fitch and JCR (Japan Credit Rating Agency Ltd.), these ratings are underpinned by the Bank’s strong financial profile as well as prudent financial management and policies. These strengths helped the Bank to operate in a volatile operating environment marked by socio-political and economic turbulence in North Africa, and rampant crisis in the Euro zone.
30/07/2012 - Inflation edged up to an annual rate of 12.1 percent in the countries of the Common Market for Eastern and Southern Africa (COMESA) in June compared to the annual rate of 11.6 percent in June, according to new figures. In the countries of the Southern African Development Community (SADC), the annual rate eased to 7.5 percent in June compared with 7.8 percent in May.