Press Releases

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

19/02/2013 - The African Development Bank (AfDB) has launched an ambitious program to significantly improve data management and dissemination in Africa. The ultimate goal of the program is to facilitate wider public access to official statistics and to support countries in their efforts to improve data quality and dissemination for better policy formulation, monitoring and evaluation. The program was launched in November 2012 as part of the Bank’s broader statistical capacity building program in Africa.

Categories: Cape Verde, Democratic Republic of Congo, Congo, Cameroon, Malawi, Mozambique, Namibia, Rwanda, Tanzania, Tunisia, South Sudan, Zimbabwe, Zambia, Infrastructure, Information & Communication Technology, Human and Social Development

05/10/2012 - Mr. Ebrima Faal, Regional Director at the Southern Africa Resource Center (SARC) of the African Development Bank (AfDB), signed on behalf of the AfDB the agreements for a loan of ZAR 65 million from the AfDB to Trustco Finance (part of the Namibia based “Trustco” group) to support its student lending program in Namibia. The signing ceremony took place in Windhoek, Namibia’s capital. Also taking part in the ceremony were DEG and Proparco who signed the agreements for loans to Trustco Finance of ZAR 50 million each.

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

02/03/2012 - The Board of the African Development Bank (AfDB) approved an equity investment of USD 50 million into the Carlyle Sub Saharan Africa Fund on 22February. This fund is the first investment vehicle that the US-based private equity firm The Carlyle Group has raised to pursue its geographical expansion into sub-Saharan Africa.

Categories: Zambia, Namibia, Mozambique, Mauritius, Angola, Botswana, Ghana, Côte d’Ivoire, Private Sector 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

27/06/2011 - The Southern Africa region loomed large on the Bank’s operational radar in 2009, when loan and grant approvals to the countries climbed to USD 5.44 billion (UA 3.40 billion), from USD 769.44 million (UA 475.9 million) the previous year; representing over 600 percent increase. The numbers were propelled by two budget support loans amounting to USD 2.42 billion (UA1.51 billion) approved for Botswana and Mauritius, to help mitigate the impact of the global economic and financial crisis in these countries.

Categories: Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Namibia, South Africa, Swaziland, Zambia, Zimbabwe, Regional Integration

15/03/2011 - African Development Bank (AfDB) President Donald Kaberuka has affirmed his institution’s strong commitment to enhancing regional integration and growth in Southern Africa. Addressing the media close to the end of a six-day official visit to the region, Dr. Kaberuka said the AfDB had done well in terms of the volume of its support to South Africa and the broader SADC region but still had to do more in view of the challenges that still abound.

Categories: Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Zambia, Zimbabwe, Regional Integration