Press Releases

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

17/02/2011 - Egypt, one of the Bank’s largest clients and shareholder is entering a critical part of its recent history through a delicate political transition. The success of which transition is key to a brighter future.

Categories: Egypt

23/12/2010 - A USD 550-million African Development Bank (AfDB) Loan, approved on 15 December 2010, will help Egypt build a new 650-MW power plant.

Categories: Egypt, Energy & Power

21/12/2010 - In line with its strategy to boost energy infrastructure to accelerate Africa’s development, the African Development Bank (AfDB) Group approved over USD 1 billion in energy projects across the continent during the last few weeks of 2010.

Categories: Egypt, Ethiopia, Kenya, Tanzania, Democratic Republic of Congo, Energy & Power

02/07/2008 - "This report is designed for Africans. We have to do all in our power to help African countries reach the MDGs," Bank Group President, Donald Kaberuka, said during the presentation of a UN steering committee for Africa report on MDGs.

Categories: Egypt, Millennium Development Goals (MDGs)

01/07/2008 - The African Development Bank (AfDB) Group President, Donald Kaberuka, on Monday, June 30, 2008, said that «the AfDB looks forward to efficiently contributing to efforts aimed at overcoming the water and sanitation challenge faced by African countries." Mr. Kaberuka made the remark while addressing some fifty African heads of state and government during the eleventh summit of the African Union in Sharm El Sheikh, Egypt. The summit was held on the theme: "Meeting the Millennium Development Goals on Water and Sanitation."

Categories: Egypt, Millennium Development Goals (MDGs), African Water Facility, Water Supply & Sanitation

18/12/2007 - CRMU has presented the independent review mechanism (IRM) in the regional African Conference on Human Rights Spaces Initiatives in Africa which was organized during the period December 16-18, 2007 in Cairo

Categories: Egypt

14/11/2007 - The Boards of Directors of the African Development Bank (AfDB) Group approved today in Tunis, loans amounting US$ 334.27 million to finance energy and financial management support projects in Egypt and Angola. The Bank approved US$325 million for Egypt and US$ 9.27 million for Angola.

Categories: Egypt, Angola, Energy & Power, Economic & Financial Governance