News & Events
17/07/2012 - Growth in the last 10 years preceding the Arab Spring did not made it possible for North African countries to create enough jobs for the young. The regional unemployment rate among the 15 to 24 year-old age group is on average 23%, which is three to four times higher than that of adults. But the rate is 41% if the discouraged are included: that is, those young inactive people in a position to work but not looking for employment and so are not included in the official statistics.
Categories: Tunisia, Algeria, Egypt, Libya, Mauritania, Morocco, Youth, Human and Social Development
12/07/2012 - Political Transitions and New Socioeconomic Bargains in North Africa takes an in-depth look at the processes that must accompany North Africa’s transition. Specifically, it is argued that national bargaining must be pursued in order to achieve a socio-economic pact that is acceptable to the various segments of the population.
Categories: Algeria, Egypt, Libya, Mauritania, Morocco, Tunisia, Economic & Financial Governance
29/06/2012 - Mr. Nizar Baraka, the Minister of Economy and Finance of the Kingdom of Morocco, and Ms. Cecilia Akintomide, Vice-President and Secretary General of the African Development Bank (AfDB) Group, signed the Memorandum of Understanding for the organization of the Annual Meetings of the AfDB Group from 27 to 31 May 2013 in Marrakech.
15/06/2012 - To increase energy security, strengthen regional integration and promote industrial growth and diversification, Algeria, Egypt, Jordan, Morocco and Tunisia have joined together to expedite the deployment of concentrated solar power (CSP) and exploit the region's vast solar energy resources.
Categories: Tunisia, Morocco, Egypt, Algeria, Japan, Climate Change, Energy & Power, Environment, Climate Investment Funds (CIF)
16/05/2012 - The Boards of Directors of the African Development Bank Group today in Tunis approved the equivalent of USD 436 million for the financing of Morocco’s power project, and two other investments in Africa. The first approval is an AfDB loan of Euro 168 million and USD 100 million Clean Technology Fund concessionary loan to finance the first phase of the Ouarzazate solar power station in Morocco.
Categories: Morocco, Energy & Power, Climate Change, Climate Investment Funds (CIF), Environment
15/05/2012 - The African Development Bank Group in North Africa – A Year of Transitions is the third annual report produced by the AfDB North region departments. As was the case in earlier editions, the report focuses on the underlying challenges the region faced prior to the Arab Spring. However, this edition probes the obstacles that led to the Arab Spring. It goes on to explore how political transitions underway will shape North Africa’s options in meeting its economic challenges.
Categories: Algeria, Egypt, Libya, Mauritania, Morocco, Tunisia, Youth, Human and Social Development
15/05/2012 - La BAD et l’office chérifien des phosphates (OCP) ont signé, le 10 mai 2012 à Casablanca, un accord de prêt de 250 millions de dollars dans le cadre du programme d’investissement de l’OCP. Ce prêt est le premier financement non-souverain que la BAD accorde à une entreprise marocaine. Il constitue un repère important dans la vision de la Banque en matière de promotion des entreprises africaines.
Categories: Morocco, Agriculture & Agro-industries
13/04/2012 - The African Development Bank (AfDB) has embarked on a consultation exercise across Africa on its proposed Integrated Safeguards System (ISS). It is conferring with governments and representatives of civil society and the private sector.
Categories: Kenya, South Africa, Gabon, Nigeria, Morocco, Private Sector Development, Civil Society, Environment
21/02/2012 - France’s minister for cooperation, Henri de Raincourt, its secretary of state for foreign trade, Pierre Lellouche, represented by Delphine d’Amarzit, multilateral affairs and development manager at the general directorate for Treasury, and the vice president for sector operations from the African Development Bank (AfDB), Kamal Elkheshen, met in Paris on 21 February 2012, where more than 200 people gathered for a conference on money transfers to Africa from migrants
Categories: Tunisia, Morocco, Algeria, Libya, France, Migration and Development Initiative
- Date: 21/02/2012 09:30 14:30
- Location: Paris, The Pierre-Mendès-France Conference Center Ministry of the Economy, Finance and Industry 139, rue de Bercy - Paris, 12th arrondissement
Remittances back home to North Africa and the franc zone from African migrants working abroad are worth tens of billions of euros every year. They are resilient to crisis and are a valuable spur to development in Africa. However, the costs of sending this money are far too high.
Categories: France, Tunisia, Morocco, Libya, Algeria, Migration and Development Initiative
