28/04/2016 - The Africa Development Bank (AfDB) has commended the Government of Zambia for its commitment to successfully host the Bank’s 2016 Annual Meetings next month. The preparations for the hosting of the AfDB meetings, which will take place from May 23 to 27 in the capital Lusaka have reached an advanced stage.
28/04/2016 - In a bid to help Botswana diversify its economy, the Board of Directors of the African Development Bank has approved a 850-million Pula (US $76.2-million) line of credit (LOC) to Botswana Development Corporation (BDC) to be invested in key sectors with a view to ultimately help diversify the country’s economic base.
25/04/2016 - The Board of Directors of the African Development Bank (AfDB) approved a US $25-million Trade Finance Line of Credit facility to Central Africa Building Society (CABS) of Zimbabwe on April 20, 2016. This medium-term facility will help to support the expansion of CABS’ operations as a provider of trade finance to local firms as well as Small and Medium-sized Enterprises within Zimbabwe’s tradable sector.
21/04/2016 - Le Conseil d’administration du Groupe de la BAD a adopté une nouvelle Stratégie de partenariat entre la Banque africaine de développement et le Gabon couvrant la période 2016-2020.
Elle appuiera la mise en œuvre du Plan Stratégique Gabon Emergent et la Stratégie d’Investissement Humain du pays, selon deux piliers d’intervention, notamment, la diversification économique à travers le développement des infrastructures et l’amélioration du climat des affaires et le développement humain.
21/04/2016 - After his first visit to Algeria since taking office in September 2015, the President of the African Development Bank Group (AfDB), Akinwumi Adesina, expressed his pleasure at the warmth of the welcome the Algerian authorities gave him and at the constructive dialogue throughout the two days of his visit to Algiers on April 19 and 20, 2016.
20/04/2016 - The Global Environment Facility (GEF) announced on April 15, 2016, the approval of USD 18 million in funding for two projects co-financed with the African Development Bank (AfDB). The first project aims at supporting African countries to shift toward renewable energy (RE) infrastructure through the preparation of RE projects, while the second seeks to help Cameroon to improve its urban planning and waste management.
19/04/2016 - The President of the African Development Bank (AfDB), Akinwumi Adesina, arrives in Algiers today, Tuesday, April 19, for a two-day official visit. His visit comes on the heels of his participation in the World Bank-IMF Spring Meetings in Washington.
18/04/2016 - The Management Board of the African Legal Support Facility (ALSF) met in Abidjan, Côte d'Ivoire from April 11 – 12, 2016 to review the 2016 strategic direction and priorities of the ALSF and also discuss key issues and events that will be convened at the sidelines of the 2016 Annual Meetings of the African Development Bank (AfDB) in May 2016, in Lusaka, Zambia.
Categories: African Legal Support Facility
18/04/2016 - “The greatest contributor to economic growth is not physical infrastructure, but brainpower, or ‘gray matter infrastructure’”, says Akinwumi Adesina, President of the African Development Bank. Malnourished children do not feed their brains or bodies, and “stunted children today leads to stunted economies tomorrow”, he said Saturday in Washington during an event on global nutrition organised by the Bill and Melinda Gates Foundation.
16/04/2016 - "If we don't fix Africa's infrastructure financing gap - which we put at some US $60-70 billion a year - we will continue to take two percentage points off Africa's annual growth rates. And we cannot allow that to happen," said African Development Bank President Akinwumi Adesina at the first ever Global Infrastructure Forum in Washington on Saturday.