31/07/2013 - On Thursday, July 25, I was in Washington for an award ceremony at the US Treasury, in which two African Development Bank projects received recognition. Straight afterwards, I appeared on the Kojo Nnamdi show on Washington public radio alongside Lael Brainard, Under Secretary of State for International Affairs at the Treasury. We were discussing Africa, and its new investment opportunities. The message from both of us was of a resurgent Africa, a place for business and for opportunity, drawing strength from internal positive dynamics and still resilient to the slowdown in the global economy. We both emphasized how the work of the African Development Bank was contributing – in funding, in sharing knowledge, and in mobilizing investment.
Categories: United States of America, Uganda, Côte d’Ivoire, Economic & Financial Governance, Regional Integration, Youth, Financial Crisis, Poverty Reduction, Energy & Power, Aid for Trade Trust Fund, Human Capital Development, Gender, ADF
26/07/2013 - On the heels of the US Treasury Development Impact Honors ceremony in Washington, DC, African Development Bank Group President, Donald Kaberuka, joined a radio debate on “The US, Africa and the Global Economy” on American University Radio (WAMU 88.5FM). He was joined by LaelBrainard, Under Secretary of the US Treasury for International Affairs. Here are some of the program’s highlights.
Categories: United States of America, Economic & Financial Governance, Human Capital Development, Youth, Financial Crisis, Regional Integration, Poverty Reduction, Energy & Power, Aid for Trade Trust Fund
18/07/2013 - The African Development Bank (AfDB) Group Board approved on Wednesday, July 17, 2013 in Tunis a US $22.56-million African Development Fund loan to finance Senegal’s Community Roads Project. The Community Roads Project in support of the National Local Development Programme (PPC/PNDL) seeks to help improve the rural population’s access to basic socio-economic services and increase rural income and employment.
15/07/2013 - Using statistical analysis, this African Development Bank’s publication titled ‘Youth Unemployment and Political Instability in Selected Developing Countries’ shows that in a given context, an exceptionally high youth unemployment rate makes African countries more prone to political instability . The authors studied a sample of 24 developing countries from the period 1980 to 2010.
15/07/2013 - Titled ‘Accelerating the AfDB’s Response to the Youth Unemployment Crisis in Africa’ this African Development Bank (AfDB) publication takes stock of the challenges and responses to youth employment in Africa. The paper proposes a framework to address the crisis as well as the structural needs of the African labor markets. It lays the ground for a joint AfDB- AU-ECA-ILO initiative to support countries to address the growing youth unemployment crisis in Africa.
25/06/2013 - The African Development Bank (AfDB), in partnership with the Economic Community of West African States (ECOWAS) Commission, organized on 20-21 June 2013, in Dakar, Senegal, a brainstorming workshop for migration experts and stakeholders from ECOWAS member states. The workshop, organized by the Regional Integration and Trade Division of the AfDB and supported by the Nigerian Technical Cooperation Fund, provided the basis for the development of a common regional migration policy.
- From: 20/06/2013
- To: 21/06/2013
- Location: Dakar, Senegal
The African Development Bank, in partnership with the Economic Community of West African States (ECOWAS) Commission, is organizing a brainstorming workshop on common migration policy for ECOWAS on June 20 and 21, 2013. The workshop, which will be held at the Novotel Hotel in Dakar, Senegal, will serve to guide the development of a modern day migration policy that responds to the aspirations of the region’s citizens and that conform to present-day realities.
31/05/2013 - The strong growth of the African population constitutes an asset for the continent if governments implement efficient policies regarding education and growth that can turn into decent jobs.
30/05/2013 - The African Development Bank and the Government of Egypt on 29 May in Marrakech, Morocco, signed a US$2-million grant to help the country develop an enabling environment for micro, small, and medium enterprises (MSMEs).
Categories: Morocco, Egypt, Human Capital Development, Education, Water Supply & Sanitation, Agriculture & Agro-industries, Youth, Economic & Financial Governance, Structural Transformation, Employment
20/05/2013 - Spanning at least 20 different countries across the African continent, nomadic peoples constitute about six per cent of the total African population, or some 50 million people. This large population, categorized into three major groups, as pastoralists, migrant fishing folks and farmers, has a common wandering lifestyle.