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27/03/2016 - The President of the African Development Bank Group, Akinwumi Adesina, has urged African diplomats accredited to the Republic of South Korea to serve as ambassadors of the African Development Bank Group, promote the work of the Bank and garner support for the Bank’s activities in their respective capitals. Africa, he said, can learn very useful lessons from the Republic of Korea which transformed itself from an aid-dependent nation to a donor country in just over three decades.

Categories: Korea, Partnerships, President's Corner

07/10/2015 - The African Development Bank presented the Bank’s procurement framework and several Bank projects at the MDB Global Development Fund Project Plaza in Seoul, Korea, on September 22-24, 2015. Information and updates on the Bank’s ongoing review of its procurement policy, business opportunities, and tips for successful bidding were presented by Mukul Kumar, Chief Regional Procurement Coordinator from the Bank’s Procurement and Fiduciary Services Department.

Categories: Korea, Environment, Energy & Power, Climate Change, Private Sector, Information & Communication Technology, Transport

04/08/2015 - The African Development Bank (AfDB), the African Development Fund (ADF) and the Government of the Republic of Korea signed a 2007 Technical Cooperation Agreement on Korea-Africa Economic Cooperation (KOAFEC). Based on this, the African Development Institute (EADI) of the AfDB has been overseeing “The Next African Leader Programme” with grant support from the KOAFEC Trust Fund under the Human Resources Development pillar.

Categories: Korea, Chief Economist's Office

29/05/2015 - Since relations between Korea and Africa began in 1961, bilateral trade has grown to about 60 percent. And there are efforts to deepen relations between the continent and Korea, Steve Kayizzi-Mugerwa, Acting Chief Economist and Vice-President of the African Development Bank (AfDB), said Thursday at the AfDB Annual Meetings in Abidjan.

Categories: Korea, Partnerships

16/04/2015 - The African Development Bank is working diligently to join the Green Climate Fund’s (GCF) seven newly accredited agencies in order to become a key multilateral implementing agency to channel much-needed funding to the continent.

Categories: Korea, Climate Change

30/10/2014 - The African Development Bank (AfDB) participated to the Twelfth Meeting of the Conference of the Parties (COP12) of the United Nations Convention on Biological Diversity (CBD) that took place from October 6-17, 2014 in Pyeongchang, Republic of Korea.

Categories: Côte d’Ivoire, Korea, Environment, Global Environment Facility (GEF), Climate Change, Climate Investment Funds (CIF), Green Growth Initiative, Civil Society, Congo Basin Forest Fund

10/03/2014 - The African Development Institute (EADI) of the African Development Bank (AfDB) continues its series of African Officials Training Program on SMEs Policies in Korea. Eleven officials from Gabon completed on 28 February 2014 two-week training on SMEs in Ansan, Korea. This training followed those organized for Namibia, Tanzania, Kenya, Ghana, Democratic Republic of Congo, Senegal, Nigeria and Liberia in 2012 and 2013.

Categories: Korea, Gabon, Economic & Financial Governance, Private Sector, Partnerships

30/08/2013 - The African Development Bank’s Ten Year Strategy is gaining momentum. As part of this drive and in a quest to widen the discussion on structural transformation and natural resource management in Africa, the Bank’s Development Research Department (EDRE) in conjunction with the Department of Economics, University of Göteborg, hosted a side event on August 26, 2013 during the 28th Annual Congress of the European Economic Association/67th European Meeting of the Econometric Society in Göteborg, Sweden.

Categories: Sweden, Korea, Structural Transformation, Environment, Economic & Financial Governance

31/05/2013 - The African Development Bank (AfDB) and the Government of the Republic of Korea, on Thursday, May 30, signed the general cooperation agreement (GCA) that will make it possible for Korea to contribute to special funds and multi-donor funds as well.

Categories: Morocco, Korea, Green Growth Initiative, African Financing Partnership, Structural Transformation

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.

Categories: Tunisia, Morocco, Egypt, Korea, Economic & Financial Governance, Youth, Poverty Reduction, Human Capital Development