Press Releases

05/04/2013 - As of the 31st of March 2013, the Global Environment Facility’s Least Developed Countries Fund (LDCF) has granted USD 18.6 million to be channeled by the African Development Bank (AfDB) to Sierra Leone, Uganda and Mauritania for project concepts to help climate-proof their water sectors. This work is regarded as a critical element of these countries’ moves toward climate-resilient poverty reduction and sustainable development.

Categories: Mauritania, Sierra Leone, Uganda, Water Supply & Sanitation, Infrastructure

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

19/02/2013 - La BAD et la Mauritanie ont signé le 12 février plusieurs accords de dons dont l’objectif est de contribuer à la réduction de la pauvreté en milieu rural par le truchement d’investissements dans le secteur de l’eau.

Categories: Mauritania, Water Supply & Sanitation, Human and Social Development, Poverty Reduction, Infrastructure

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

01/12/2011 - The low absolute poverty rate in North African countries is often used to demonstrate the strengths of the economic models of these countries. However, measuring poverty at the level of the nation often masks important variations in regional poverty rates.

Categories: Tunisia, Morocco, Mauritania, Poverty Reduction

22/11/2011 - The African Development Bank (AfDB) and finance company, Mauritania Leasing, signed an agreement on 15 November in Dakar for a grant of USD 365,000 provided by the Fund for African Private Sector Assistance (FAPA) to help finance small and medium-sized enterprises in the country.

Categories: Mauritania, Fund for African Private Sector Assistance, 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