07/11/2012 - A robust structural transformation is critical to shape a country’s ability to generate a faster and more inclusive growth that is required to tackle social challenges, such as unemployment and poverty. Structural transformation driven by export is highly relevant for Egypt, Morocco and Tunisia, countries where several trade strategies and export promotion policies have been undertaken but are yet to take full advantage of their export-led growth strategies. This study considers how increasing productivity and moving up the value chain could enhance economic development in North Africa.
24/10/2012 - A supplementary Technical Cooperation Agreement of the Korea Africa Economic Cooperation (KOAFEC) Trust Fund was signed on October 16, 2012, between Jaewan Bahk, Minister of Strategy and Finance, Republic of Korea, and Donald Kaberuka, President of the African Development Bank Group, during the KOAFEC Ministerial Conference in Seoul, Korea.
- From: 15/10/2012
- To: 18/10/2012
- Location: Seoul, South Korea
The Korea Africa Economic Cooperation (KOAFEC) Ministerial Conference will take place from October 15 to 18, 2012 in Seoul, South Korea. Since the first meeting in Seoul in 2006, KOAFEC has progressed into a highly recognized channel for economic cooperation and receives the full support of its co-organizers, including the African Development Bank, the Korean Ministry of Strategy and Finance, and the Export-Import Bank of Korea.
18/09/2012 - Natural resources and environmental representatives from the African Development Bank attended the 2012 World Conservation Congress, the largest and most important conservation event, from September 6 to 15 in Jeju, South Korea, to discuss conservation issues, including the problem of elephant poaching on the African continent.
26/03/2012 - The G20 Development Working Group (DWG) on inclusive green growth (IGG) and international development cooperation met informally on 28 and 29 February 2012 in Seoul, Korea to discuss further actions to promote IGG ahead of a meeting scheduled in May in Los Cabos, Mexico.
15/12/2011 - A Nordic Development Fund (NDF) delegation will visit the African Development Bank (AfDB) in mid-January 2012 to present its new strategy and operational guidelines for accessing funding for climate mitigation and adaptation activities. The NDF can provide grants of up to USD 4 million for project components covering both soft activities (technical assistance and capacity building) and hard investments where appropriate.
30/11/2011 - This week, an important global event is taking place in Busan, South Korea – The 4th High-Level Forum on Aid Effectiveness. The aim is to search for a new consensus on development cooperation. And it is fitting that the conference takes place in a country that was at one time aid dependent and now has graduated to a member of the G20.
09/06/2011 - Under an agreement signed today (Thursday 9 June) between the African Development Bank (AfDB) and the Republic of Korea, at the Bank’s Annual Meetings in Lisbon, Korea has made a new contribution of US $8.5 million to the Korea Africa Economic Cooperation (KOAFEC) Trust Fund, bringing total contributions to the Fund since its establishment in 2007 to over US$ 26 million,.
12/11/2010 - G-20 Leaders ended their two-day summit on Friday, 12 November 2010 in Seoul, where they agreed on a series of policy actions designed to respond to the challenges of global recovery and renewed growth, and to better prevent future crises. These are set out in the Leaders Declaration and accompanying Seoul Document
11/11/2010 - The African Development Bank (AfDB) Group has commended the decision to put development issues on the main agenda of the G-20 Summit in Seoul for the first time. On the eve of this historic summit, AfDB President, Donald Kaberuka said: “The G-20 Summit is taking place in a country which has catapulted itself from a poor to an industrialised prosperous country in a generation. It offers a unique opportunity to draw lessons from such an experience and that of others in the economic South for a possible paradigm shift that unlocks Africa’s potential to contribute to global prosperity.”