News & Events
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
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
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
24/03/2011 - The inaugural Africa Sovereign Funds Roundtable held on 15 and 16 March 2011 in Casablanca, Morocco, was organized by Institutional Investor’s Sovereign Investor Institute in association with the African Development Bank (AfDB).
Categories: Morocco, Private Sector Development
18/03/2011 - The African Development Bank (AfDB) Group and the Government of Morocco, today signed six loan and grant agreements amounting to €303 million (3.4 billion dirham). Morocco’s Economy and Finance Minister, Salaheddine Mezouar and AfDB Regional Director, Nono Matondo Fundani co-chaired the signing ceremony in Rabat.
Categories: Morocco, Infrastructure
24/12/2010 - With a €300-million loan aimed at increasing capacity on the Tangiers-Marrakesh railway line approved on 17 December 2010, the African Development Bank (AfDB) has confirmed its position as Morocco’s leading partner in the transport sector.
Categories: Morocco, Infrastructure, Transport
22/12/2010 - In line with the African Development Bank (AfDB) Group’s 2008-2012 Medium-Term Strategy which has transport as one of its core intervention areas in the Regional Member Countries, the institution’s Boards approved USD 806.1 million loans and grants to finance a number of national and multinational transport infrastructure and related project on the continent in the past two months
Categories: Morocco, Kenya, Ghana, Congo, Central African Republic, Democratic Republic of Congo, Chad, Infrastructure, Transport
07/07/2010 - The Bank Group and Morocco on Tuesday, July 6, 2010, in Tunis signed a €100 million agreement for the financing of the fourth phase of the country’s public service reform support project (PARAP IV). The project falls within the framework of the country’s public service and governance reforms that began in 2002.
Categories: Morocco, Economic & Financial Governance
30/06/2010 - The African Development Bank (AfDB) board of directors on June 30, 2010 in Tunis approved a €100 million loan to finance phase IV of the Public Administration Reform Support Programme (PARSP IV). The programme’s objective is to promote strong economic growth and sustainable development, thereby strengthening the economy’s competitiveness while ensuring medium-term macro-economic viability.
Categories: Morocco, Economic & Financial Governance
