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19/12/2014 - On December 18, 2014, the Board of Directors of the African Development Bank (AfDB) Group approved a US $22.49-million loan to Zambia for the development of Lake Tanganyika.

This project has been formulated as part of the long-term vision for Zambia ("Vision 2030") by which it intends to become "a prosperous middle-income country by 2030". Its aim, thus, is help implement the amended Sixth National Development Plan, which covers 2013-2016 and aims to facilitate and accelerate "economic growth and development in the service of the people". Accordingly, it aims to stimulate job creation and rural development, in this way boosting inclusive growth.

Categories: Zambia, Infrastructure, Water Supply & Sanitation, Energy & Power, Employment, Economic & Financial Governance

17/12/2014 - Opened on December 16, 2014 in Abidjan, the Henri Konan Bédié (HKB) Bridge is an enabler for urban mobility in the Ivorian economic capital. During the opening ceremony, Donald Kaberuka, President of the African Development Bank (AfDB) Group, made a speech on behalf of all the funders involved in the project, in the presence of the Ivorian Head of State, President Alassane Dramane Ouattara, and his predecessor, Henri Konan Bédié, after whom the new bridge has been named.

Categories: Infrastructure, Transport

15/12/2014 - An architectural gem, Abidjan's Henri Konan Bédié (HKB) Bridge is worthy of the most modern of megacities. Officially opened on December 16, 2014, it is an embodiment of the promise for the country's infrastructure. And, looking further afield, for the whole of Africa.

Categories: Côte d’Ivoire, Economic & Financial Governance, Infrastructure, Transport

05/12/2014 - The President of the African Development Bank Group, Donald Kaberuka, received the Forbes Africa Lifetime Achievement Award on Thursday, December 4 during the magazine’s 4th Annual Person of the Year Awards ceremony in Nairobi, Kenya.

Categories: Kenya

03/12/2014 - Trade finance is essential for international trade. This financial intermediation helps firms to manage risks inherent in international transactions, improve their liquidity and enable them to optimally invest to enhance their growth. It is for this reason that, in 2013, the Board of the African Development Bank (AfDB) approved a US $1-billion trade finance (TF) program to support African trade and provide financing to underserved African-based financial institutions and enterprises.

Categories: Economic & Financial Governance, Trade Finance Program

02/12/2014 - The Management Board of the African Legal Support Facility (“ALSF” or “the Facility”) wound up a two-day meeting on November 27, 2014 in Abidjan, Côte d’Ivoire, with the approval of the Facility’s Work Plan and Budget for 2015 and the adoption of substantive documents for transmission to the ALSF Governing Council.

Categories: Côte d’Ivoire, African Legal Support Facility

01/12/2014 - Africa continues the quest to rid itself of HIV/AIDS and – for all the gains made since the first World AIDS Day in December 1988 – we can never be complacent. There is further to go, and we need the right policies and programs to get there.

Categories: Health

27/11/2014 - The Management Board of the African Legal Support Facility (“ALSF” or “the Facility”) launched a major meeting on November 26 in Abidjan to assess status of implementation of ongoing projects, among others. Discussions are expected to continue to November 27, and will provide an opportunity for the Management Board to consider approval of the work plan and budget for 2015, as well as other substantive documents for transmission to the Governing Council of the Facility.

Categories: Côte d’Ivoire, Private Sector, Financial Crisis, Poverty Reduction, Structural Transformation

25/11/2014 - Violence against women is not only a human rights issue but also a matter of justice. It is about fighting it all the time, everywhere; and each of us can be an actor for change. That was the forceful message delivered by African Development Bank President Donald Kaberuka when he addressed staff at the Bank on November 25, the International Day for the Elimination of Violence against Women.

Categories: Côte d’Ivoire, Gender

  • Date: 25/11/2014
  • Location: Abidjan, Cote d'Ivoire

“The African Development Bank invests in human capital. Violence against women and girls destroys half of the biggest asset Africa has – its people.” – Donald Kaberuka, AfDB President

Categories: Gender

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