Press Releases

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

28/05/2012 - With the number of youths in Africa set to double by 2045, countries across the continent should boost job creation and help young people acquire new skills, according to the African Economic Outlook 2012.

Categories: Tanzania, Youth, Human and Social Development

23/05/2012 - On May 10, a high level meeting chaired by President Donald Kaberuka, former British Prime Minister, Gordon Brown, and Tim Berners-Lee, founder of the Web Foundation elicited a lively debate among 10 Ministers of Education and Science and Technology from Burkina Faso, Cameroon, Ethiopia, Gambia, Ghana, Kenya, Morocco, Senegal, Sierra Leone and Uganda; who met with officials of Intel, Cisco, Alcatel-Lucent, HP, Adobe, and Microsoft among other leading technology companies in Africa. Other country governments represented were Benin, Burundi, Egypt, Ivory Coast, Mauritius, Nigeria and Rwanda.

Categories: Ethiopia, Financial Crisis, Information & Communication Technology, Education, Human and Social Development

12/04/2012 - More than 30 African ministers of education and science attending the First African Forum on Science, Technology and Innovation (STI) for Youth Employment, Human Capital Development and Inclusive Growth, unanimously pledged to put STI policies, strategies, programs and plans into action over the next five years.

Categories: Kenya, Education, Information & Communication Technology, Human and Social Development, Youth

29/03/2012 - The first Africa Forum on Science, Technology and Innovation (STI) will take place from April 1-3, 2012 at the Intercontinental Hotel in Nairobi. Hosted by the Government of Kenya, it will include an Experts’ Meeting (April 1-2) and a Ministerial Conference (April 3), and will highlight the need to invest in this key sector to foster human capital development, inclusive growth, and provide job opportunities for youth and women.

Categories: Kenya, Education, Human and Social Development, Information & Communication Technology, Youth

29/02/2012 - The African Development Bank (AfDB), rated Aaa/AAA/AAA, today announced that it will offer an Education Support Bond to Japanese retail investors. The bond will be distributed by Tokai Tokyo Securities, Nishimura Securities, Banyo Securities and Rakuten Securities.

Categories: Japan, Education, Millennium Development Goals (MDGs), Economic & Financial Governance, Human and Social Development

21/12/2011 - The African Development Bank Group’s board of directors has approved a USD15.6 million grant from its concessionary lending arm, the African Development Fund (ADF) to help strengthen the capacity of African Virtual University (AVU).

Categories: Education, Human and Social Development, Youth

16/12/2011 - The African Development Bank’s Group Board of Directors approved an African Development Fund (ADF) grant of USD 19.2 million to Eritrea on November 30, 2011 to improve equitable access, quality and relevance of technical, vocational education and training. The project will be financed jointly by an ADF grant of USD 18.65 million and an Eritrean Government’s contribution of USD 2.06 million.

Categories: Eritrea, Education, Human and Social Development

09/12/2011 - The Board of Directors of the African Development Bank (AfDB) has approved on 7 December a corporate loan of South African rand (ZAR) 65 million equivalent to USD 8 million to Trustco Group Holdings Ltd to support the Trustco Finance student lending program thus improving access to education, employability and job-earning potential of high school graduates in the country.

Categories: Namibia, Private Sector Development, Education, Human and Social Development