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
06/12/2012 - The Executive Directors of the African Development Bank (AfDB) Group on Wednesday approved the institution’s Information Technology Strategy 2013-2015 and the Bank Group’s Participation in the Middle East and North Africa (MENA) Transition Fund.
Categories: Zimbabwe, Mozambique, Burundi, Kenya, Rwanda, Tanzania, Uganda, Egypt, Libya, Morocco, Tunisia, Information & Communication Technology, Economic & Financial Governance, Transport, Infrastructure
05/12/2012 - Cairo, December 5, 2012: Prime Minister Hisham Kandil reaffirmed today that the government is committed to fighting unemployment during the opening session of the “Youth Employment: Building the Future of Egypt” conference hosted by the African Development Bank (AfDB) in collaboration with the Social Fund for Development (SFD). Kandil said he would accomplish this through the formation of a ministerial committee under his auspices that aims to create 750,000 jobs by supporting small businesses with the support of the SFD.
Categories: Egypt, Youth, Human and Social Development
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
19/06/2012 - A new report from the African Development Bank (AfDB) analyses the causes of the various political events in 2011 in various North African countries, or the Arab Spring. It goes on to suggest various policy options to policy makers in the countries under transition.
Categories: Tunisia, Egypt, Libya, Human and Social Development, Youth
16/09/2011 - The Deauville Partnership, set up at the G8 meeting in the French seaside town in May 2011 with the aim of supporting political and economic transformation in Tunisia, Egypt, Jordan and Morocco, has welcomed five new members.
Categories: France, Kuwait, Qatar, Saudi Arabia, Turkey, Tunisia, Morocco, Egypt, United Arab Emirates, Deauville Partnership
09/08/2011 - African Development Bank President Donald Kaberuka is on a two-day working visit to Egypt. Meeting with Prime Minister Essam Sharaf and members of cabinet in Cairo on Monday, 8 August, Mr. Kaberuka reaffirmed the Bank's continued support as the country goes through momentous changes.
Categories: Egypt, Private Sector Development
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
27/06/2011 - Egyptian journalist Lamia Hassan has been awarded the 2011 CNN/MultiChoice African Journalist Environment Award. Hassan, who works for Business Today Egypt, won the award for her story ‘Washed up’, which was chosen from among 1407 entries from 42 nations across the African continent.
Categories: Egypt
16/06/2011 - The African Development Bank launches The Arab Republic of Egypt: Competitiveness Report update 2010 and share the fruits of analytical work and discussions with the Bank’s Egyptian partners over the last year. While the social and political changes that have swept across Egypt, and North Africa at large, have taken center-stage in the first months of 2011, the underlying economic dimensions of these changes are critically important. And the topic of this report is, in several ways, at the core of the economic challenges facing Egypt today.
Categories: Egypt
