Press Releases

05/04/2013 - On March 19, the African Development Bank (AfDB) and World Bank convened a workshop with representatives of Algeria, Egypt, Jordan, Libya, Morocco, and Tunisia in Rabat, Morocco to review and upgrade the region’s path-breaking regional Investment Plan for Concentrated Solar Power (CSP), with funding from the Climate Investment Funds (CIF).

Categories: Algeria, Egypt, Libya, Morocco, Tunisia, Energy & Power, Infrastructure, Climate Change, Environment

28/03/2013 - In a recent paper produced as part of a series on North African policies, the African Development Bank (AfDB) analyzes the prospects of exporting the health services available in North Africa.

Accelerated growth and job creation pose major challenges for the countries of North Africa (NAF), which are all facing a rapid increase in their workforce. In the Maghreb, the preponderance of the textile-clothing sector and outsourced automobile-related manufacturing in industry, as well the lack of alternative manufacturing specialization largely contribute to fragility.

Categories: Tunisia, Algeria, Libya, Mauritania, Morocco, Health, Human and Social Development

13/03/2013 - The African Development Bank (AfDB) has launched Open Data Platforms for the following 20 African countries: Algeria, Cameroon, Cape Verde, Democratic Republic of Congo, Ethiopia, Malawi, Morocco, Mozambique, Namibia, Nigeria, Ghana, Rwanda, Republic of Congo, Senegal, South Africa, South Sudan, Tanzania, Tunisia, Zambia and Zimbabwe

Categories: Tunisia, Morocco, Algeria, Cameroon, Congo, Democratic Republic of Congo, Zimbabwe, Zambia, Mozambique, Angola, Rwanda, Ethiopia, Senegal, Nigeria, Cape Verde, Côte d’Ivoire, Malawi, Namibia, Ghana, South Sudan, South Africa, Tanzania, Economic & Financial Governance

17/07/2012 - Growth in the last 10 years preceding the Arab Spring did not made it possible for North African countries to create enough jobs for the young. The regional unemployment rate among the 15 to 24 year-old age group is on average 23%, which is three to four times higher than that of adults. But the rate is 41% if the discouraged are included: that is, those young inactive people in a position to work but not looking for employment and so are not included in the official statistics.

Categories: Tunisia, Algeria, Egypt, Libya, Mauritania, Morocco, Youth, Human and Social Development

21/02/2012 - France’s minister for cooperation, Henri de Raincourt, its secretary of state for foreign trade, Pierre Lellouche, represented by Delphine d’Amarzit, multilateral affairs and development manager at the general directorate for Treasury, and the vice president for sector operations from the African Development Bank (AfDB), Kamal Elkheshen, met in Paris on 21 February 2012, where more than 200 people gathered for a conference on money transfers to Africa from migrants

Categories: Tunisia, Morocco, Algeria, Libya, France, Migration and Development Initiative

04/01/2012 - The Migration and Development Fund’s oversight committee recently approved a series of grants amounting to € 1.4 million to six remittances funded local development projects across the African continent.

Categories: Tunisia, Algeria, Morocco, Côte d’Ivoire, Benin, Togo, Migration and Development Initiative

13/07/2011 - The Board of Directors of the African Development Bank (AfDB) has approved a €20-million equity investment in the Maghreb Private Equity Fund III (MPEF III). This third-generation multi-sector private equity fund will target investments in Small and Medium Enterprises in Morocco, Algeria, Tunisia, Libya and, according to emerging investment opportunities, Egypt.

Categories: Algeria, Egypt, Libya, Morocco, Tunisia, Infrastructure, Private Sector Development

25/05/2011 - The African Development Bank (AfDB) Group has published an annual report for North Africa which highlights the importance of inclusive growth following recent changes in the region. Morocco, Egypt, Tunisia and Algeria are among the highest beneficiaries of AfDB operations.

Categories: Algeria, Egypt, Libya, Mauritania, Morocco, Tunisia

11/05/2011 - The Report, titled, “The BRICs in North Africa: Changing the Name of the Game?” says the group, which comprised Brazil, Russia, India and China during the time covered by the report (South Africa joined in 2011) is drawn to the region due to a growing need for raw materials and minerals; an amenable investment and regulatory climate; its relatively large population and overall GDP; low production and labour costs, and geographical proximity to European and Middle East markets.

Categories: Algeria, Egypt, Libya, Mauritania, Morocco, Tunisia, Brazil, India, China, Regional Integration