Press Releases
10/06/2013 - Le Groupe de la Banque africaine de développement (BAD) et la République centrafricaine (RCA) ont signé, le 31 mai 2013 à Marrakech, au Maroc, un accord de don relatif au projet d’appui aux statistiques et à la mise en œuvre du deuxième Document de stratégie de réduction de la pauvreté (DSRP), pour un total de 2,034 millions de dollars EU.
Categories: Morocco, Central African Republic, Poverty Reduction, Structural Transformation, Fragile States Facility, Partnerships
07/06/2013 - The African Development Bank (AfDB) formally signed on May 29th in Marrakech, Morocco, in the prelude of the 48th AfDB Annual Meetings, a USD 100 million unfunded Risk Participation Agreement (RPA) with Commerzbank AG under which the two banks will share the default risk on a portfolio of eligible trade transactions originated by African issuing banks in Africa and confirmed by Commerzbank AG.
Categories: Morocco, Regional Integration, Economic & Financial Governance, Private Sector Development
06/06/2013 - The African Development Bank (AfDB) Group and the Government of the Democratic Republic of Congo (DRC) signed two grant agreements for a total of US $5.250 million in Marrakech on the sidelines of the AfDB Annual Meetings. Initialed by the AfDB First Vice-President, Emmanuel Mbi, and DRC’s Deputy Finance Minister, Patrice Kitebi, the two grants are intended to provide technical assistance for the development of the Inga hydro-power plant located on the banks of the Congo River. The grants fall within the framework of the Fragile States Facility (FSF).
Categories: Morocco, Democratic Republic of Congo, Energy & Power, Fragile States Facility
05/06/2013 - Japanese Prime Minister Shinzo Abe this week held talks with African Development Bank (AfDB) President Donald Kaberuka, in which the Japanese leader pledged continued financial support for African development projects and programmes delivered through the AfDB.
Categories: Japan, Agriculture & Agro-industries, Economic & Financial Governance, Environment, Human Capital Development, Infrastructure, Private Sector Development, Regional Integration, Fragile States Facility
03/06/2013 - The President of the African Development Bank, Donald Kaberuka, received an exclusive prize given by Ozwald Boateng’s Made in Africa Foundation at the biggest-ever African Banker Awards ceremony on May 29 during the Bank’s Annual Meetings in Marrakech.
Categories: Morocco, Structural Transformation
31/05/2013 - During the African Development Bank Annual Meetings in Marrakech, Morocco, on May 31, 2013, a high-level panel – organized jointly by the World Economic Forum and the African Development Bank – discussed the benefits of relaxing visa restrictions throughout Africa.
Categories: Morocco, Rwanda, Regional Integration, Structural Transformation
31/05/2013 - The Annual Meetings of the African Development Bank Group closed on Friday in Marrakech, Morocco, after five days of intense brainstorming on current African development issues, and the approval of the Group’s 2012 Annual Report and audited accounts as well as its operations programmes.
Categories: Morocco, Côte d’Ivoire, Rwanda, Zambia, Agriculture & Agro-industries, Economic & Financial Governance, Education, Gender, Human Capital Development, Information & Communication Technology, Infrastructure, Private Sector Development, Food Production, Regional Integration, Structural Transformation, Green Growth Initiative
31/05/2013 - On the margins of the African Development Bank Group (AfDB) 48th Annual Meetings, in a side event gathered on May 29th 2013, Trade Finance (TF) leaders and practitioners met to exchange views on their perspectives of the trade finance industry in Africa. TF contributes positively to private sector development, at the core of Africa’s Structural Transformation, and inclusive growth. Indeed, by meeting investment and working capital needs of real sector enterprises and by preventing supply shortages, Trade Finance ensures a continuity of operations, fosters growth in turnover and employment creation.
Categories: Morocco, Economic & Financial Governance, Structural Transformation, Private Sector Development
31/05/2013 - The African Guarantee Fund (AGF), which was established as part of the Danish Africa Commission in 2008, was last night awarded the African Banker Awards 2013 in the category of “Financial Inclusion”. The prize was awarded during the annual meeting of the African Development Bank in Marrakech, Morocco.
Categories: Morocco, Denmark, Economic & Financial Governance, African Guarantee Fund for Small and Medium-sized Enterprises, Structural Transformation
31/05/2013 - The African Development Bank (“AfDB”) and Standard Chartered Bank (“Standard Chartered”) today signed a US$400 million Risk Participation Agreement that will provide significant trade finance support for imports and exports across vital economic sectors including agriculture and food to corporate and financial institution clients in Africa.
Categories: Morocco, Agriculture & Agro-industries, Human Capital Development, Regional Integration, Structural Transformation, Partnerships, Private Sector Development
