News & Events

22/10/2010 - The project, a technical assistance support to the Libyan Export Promotion Center - financed with a USD 746,971 grant from the Bank’s Middle Income Country (MIC) Trust Fund, is set up to address critical needs for capacity building, institutional strengthening and private sector development.

Categories: Libya, Middle Income Countries, Economic & Financial Governance

29/06/2010 - Cape Verde’s recent graduation from Low-Income to Middle-Income status two years ago was one of the heart-warming development stories to emerge from African in a while. In a continent where over 70% of the countries fall under the low-income category, Cape Verde’s “breakthrough” can not go unnoticed.

Categories: Middle Income Countries

08/06/2010 - Poverty reduction strategies in Africa can be improved by understanding the sources of economic growth and how such growth translates into poverty reduction. Using different household survey data at 5 to 10-year intervals, the AfDB’s Research Department conducted a pro-poor growth analysis in four of Africa’s middle-income countries (MICs): Mauritius, Morocco, South Africa and Tunisia.

Categories: Côte d’Ivoire, Poverty Reduction, Middle Income Countries, Chief Economist's Office

30/04/2010 - Cape Verde, with little natural resources, goes against all odds in Africa by becoming the first case of “policy induced graduation” on the continent, as opposed to natural resources driven graduation. A resource-poor country characterized by an arid Sahelian climate and little arable land has witnessed steady rising living standards and is on the way to achieve most of the Millennium Development Goals (MDGs).

Categories: Cape Verde, Financial Crisis, Middle Income Countries, President's Corner

28/04/2010 - On his first official visit to Cape Verde from 27-30 April 2010, the African Development Bank (AfDB) Group President, Donald Kaberuka, commended the country on being “the first case of a policy induced graduation” from low- to middle-income status.

Categories: Cape Verde, Financial Crisis, Middle Income Countries, President's Corner

19/02/2010 - Le président du Groupe de la Banque africaine de développement (BAD), M. Donald Kaberuka, procèdera, à Alger le 18 février 2010, à l’inauguration officielle du bureau national de l’Algérie.

Categories: Algeria, Middle Income Countries, President's Corner

15/02/2010 - La préparation de l’inauguration officielle du bureau national de l’Algérie, le 18 février 2010, par le président de la Banque africaine de développement (BAD), Donald Kaberuka, aborde la dernière ligne droite.

Categories: Algeria, Tunisia, Middle Income Countries

29/10/2009 - The Board of Directors of the African Development Bank (AfDB) Group has approved Cape Verde’s 2009-2012 Country Strategy Paper (CSP), and elevated the country to Middle Income Country (MIC) Status, which entitles it to access resources from the Bank Group’s non-concessional and concessional windows.

Categories: Cape Verde, Middle Income Countries