News & Events
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
07/10/2011 - The impact of the conflict on Libya’s economy will have significant ramifications on the country’s political and economic reconstruction, according to a new economic brief from the African Development Bank (AfDB).
05/10/2011 - Reaching Tunisia’s full potential by enhancing regional integration, was the theme of the African Development Bank’s presentation at a recent forum organized by the Institut de Citoyenneté, a Tunisian network of civil society organizations. “Tunisia is at a critical juncture,” – said Emanuele Santi, country economist in the Bank’s North Africa Department. ”Building closer economic ties with its neighbours can be one of the key drivers for the country’s rebound.”
Categories: Tunisia, Libya, Human and Social 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
22/06/2011 - The Board of Directors of the African Development Bank (AfDB) on 21 June 2011 approved a loan of €137.34 million to fund the motorway link between Gabes, Medenine, and Ras Jedir in Tunis. The loan granted to the Tunisia Highways Corporation, and guaranteed by the government, will be used to fund the Medenine to Ras Jedir part of the link.
Categories: Tunisia, Libya, Infrastructure
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, President's Corner
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
15/03/2011 - "The African Development Bank is one of the reliable friends who stands by you before you even launch an appeal for help”, said Tunisia’s Planning and International Cooperation Minister, Abdelhamid Triki, on Monday, 14 March 14, 2011. Mr. Triki was speaking after the signing ceremony of a one-million-dollar emergency humanitarian assistance grant from the AfDB in support of displaced people at the Tunisia-Libya border.
Categories: Tunisia, Libya, United States of America, Health, Human and Social Development
15/03/2011 - The African Development Bank (AfDB) Group, the Tunisian Government and the International Red Cross Committee (ICRC), on Monday March 14, 2011 in Tunis, signed a USD 1 million humanitarian emergency assistance grant.
Categories: Tunisia, Libya, United States of America, Health, Human and Social Development
