News & Events
- From: 09/11/2010
- To: 10/11/2010
- Location: Kampala, Uganda
Robust domestic resource mobilization is the cornerstone for sustainable development. Donor assistance can bridge the fiscal gap for a while but ultimately cannot substitute for well established mechanisms for generating domestic revenue.
Categories: Uganda, Poverty Reduction, Financial Crisis
- Date: 06/10/2010
- Location: Washington, DC
The fifth meeting of the Committee of Ten Finance Ministers and Governors (C-10) will take place in Washington, DC on 6 October 2010, preceded by the second meeting of the C10 Deputies on October 5. The C10 is mandated by African leaders to review the impact of the financial crisis on Africa, to advise on Africa’s response, and to put forward African perspectives to the G20. The meeting in Washington follows the recent Korea-Africa Economic Cooperation (KOAFEC) ministerial meeting in Seoul. It is intended to help put development and Africa at the center of the G20 agenda in Seoul.
Categories: United States of America, Financial Crisis, Economic & Financial Governance
04/10/2010 - Africa is a potential pole for growth and can certainly play a role in the global recovery as an additional zone of growth and demand. To quote a recent article in the Economist: Banks are taking Africa seriously. Africa is a fast-growing continent and its growing trade with other emerging markets, mainly in Asia and Latin America, has created a need for new strategic partners. Several key players in the banking sector are positioning themselves by establishing a sizeable presence in the region to
Categories: Financial Crisis, Economic & Financial Governance, Private Sector Development
01/10/2010 - The African Development Bank (AfDB) Group, Citigroup and International Finance Corporation (IFC), a member of the World Bank Group, have agreed to provide USD 175 million in trade financing for exporters and importers in Africa to help boost economic growth.
Categories: Financial Crisis, Economic & Financial Governance, Private Sector Development, Trade Finance Initiative
24/08/2010 - Depuis le déclenchement de la crise économique et financière, des débats animés ont cours parmi les experts sur les meilleures stratégies économiques à mettre en œuvre pour sortir de la crise. Si certains prônent la poursuite des programmes de relance massivement financés par les Etats, d’autres en revanche préconisent des mesures énergiques en faveur la réduction des déficits et des dépenses publiques.
Categories: Financial Crisis
06/07/2010 - The African Development Bank (AfDB) Group has welcomed the G-20’s recent commitment to ensure a robust replenishment of the African Development Fund (ADF), the concessional window of the Group.
Categories: Canada, Financial Crisis
01/07/2010 - The adverse impacts of the financial crisis that hit the world in 2008 became evident in Africa towards the end of the same year. Its severity and detrimental impact on investment and trade required urgent, collective countercyclical actions by the international financial community, using creative and pragmatic approaches that would support the recovery of trade flows as soon as possible. In particular, as many African commercial banks were experiencing severe liquidity constraints, the African Development Bank (AfDB) had an important role to play in helping the continent through the financial crisis.
Categories: Economic & Financial Governance, Financial Crisis
25/06/2010 - African Development Bank (AfDB) Group President, Donald Kaberuka, will participate in the G-20 leaders meeting in Toronto from 26-27 June 2010. At the institution’s recent Annual Meetings in Abidjan, Côte d’Ivoire, in May 2010, Mr. Kaberuka was re-elected as the institution’s president for a second five-year term. As with previous G-20 Summits, Mr. Kaberuka will attend in his capacity as a member of the African Union delegation.
Categories: Canada, Financial Crisis
- From: 26/06/2010
- To: 27/06/2010
- Location: Toronto, Canada
African Development Bank (AfDB) Group President, Donald Kaberuka, will participate in the G20 Leaders Meeting in Toronto, 26/27 June 2010. At the recent Annual Meeting in Abidjan, in May 2010, Mr. Kaberuka was re-elected as President of the AfDB for a second five year term. As with previous G-20 Summits, President Kaberuka will attend as a member of the African Union delegation.
Categories: Canada, Financial Crisis
28/05/2010 - Never before was the need for a strengthened and unified African voice on key economic policies so crucial than when the financial and economic crisis hit. Clearly, the issue of a stronger African voice in global policy debates is not new. But when Africa was hit very hard by a crisis it did not create, its stakes in international policy debates and decision-making increased markedly, particularly in issues of global economic governance.
Categories: Côte d’Ivoire, Financial Crisis
