Press Releases
28/03/2013 - The African Development Bank has officially released the report entitled “Towards a New Economic Model for Tunisia: Identifying Tunisia’s Binding Constraints to Broad-Based Growth”. The new AfDB report, prepared in close collaboration with the United States Government and the Government of Tunisia, aims at identifying the most binding constraints to growth in Tunisia in order to identify areas where policy reforms are most needed. The study attempts to identify these constraints, both as they were manifested in the years leading up to the revolution and today. The methodology starts from the widely accepted proposition that private sector investment and entrepreneurship are ultimately the keys to sustained economic growth and follows the Growth Diagnostics approach proposed by Ricardo Hausmann, Dani Rodrik and Andrès Velasco.
Categories: Tunisia, United States of America, Economic & Financial Governance
01/03/2013 - Donald Kaberuka, President of the African Development Bank (AfDB), met on February 25 in Washington, DC, the heads of the World Bank, the European Bank for Reconstruction and Development, the International Monetary Fund and the Inter-American Development Bank. The goal of the meeting: to renew the commitment to further cooperation between the multilateral development banks (MDBs).
Categories: United States of America, Economic & Financial Governance
07/06/2012 - The President of the African Development Bank (AfDB) Group, Donald Kaberuka, has received the United States Treasury Inaugural Development Impact Honors Award bestowed on the Mali-Senegal Road project, one of the Bank Group’s Regional multinational projects.
Categories: United States of America, Senegal, Mali, Infrastructure
01/06/2012 - Japan’s Senior Vice Minister of Finance, Yukihisa Fujita, announced today, at the African Development Bank’s (AfDB) Annual Meetings, the Japanese government’s intention to provide another USD one billion over the next five years for a second phase of the Enhanced Private Sector Assistance (EPSA) for Africa Initiative, as a follow-up to the G8 Camp David Summit which took place from 18-19 May 2012. Mr. Yukihisa made the announcement during a joint session with AfDB President, Donald Kaberuka, and President of the Japan International Cooperation Agency (JICA), Akihiko Tanaka.
Categories: Tanzania, United States of America, Japan, Private Sector Development, Enhanced Private Sector Assistance for Africa: EPSA Initiative
18/05/2012 - African Development Bank President Donald Kaberuka joined U.S. President Barack Obama, several African heads of state and leaders from the public and private sector in Washington on Friday for the launch of a new initiative that aims to reduce poverty and stimulate economic growth.
Categories: United States of America, Food Production, Poverty Reduction
26/09/2011 - Eskom and the African Development Bank (AfDB) today signed two loan agreements for a total value of USD365 million that will enable the first large-scale implementation of renewable wind and solar generation in Eskom’s history.
Categories: United States of America, South Africa, Energy & Power, Climate Change, Private Sector Development, Environment
25/09/2011 - The African Development Bank (AfDB) and the Government of South Sudan today signed a general cooperation agreement that will make it possible for the AfDB to extend financial and technical support to South Sudan pending its full membership of the African Development Bank.
Categories: Sudan, United States of America, South Sudan, Partnerships
25/09/2011 - The World Bank and the African Development Bank co-chaired a roundtable today where they reaffirmed their commitment with other international partners to support Côte d’Ivoire’s post-crisis reconstruction and reconciliation program. The roundtable, held on the sidelines of the 2011 World Bank/International Monetary Fund Annual Meetings, was aimed at bringing together key development partners and representatives of Côte d’Ivoire to follow up on the first roundtable that took place in April during the 2011 Spring Meetings.
Categories: United States of America, Côte d’Ivoire
30/07/2011 - The President of the African Development Bank (AfDB) Group, Donald Kaberuka, has called for concrete action to mitigate the dire impacts of the drought and famine in the horn of Africa.
Categories: Somalia, United States of America, Food Production
20/04/2011 - The Governors’ Consultative Committee of the African Development Bank met in Washington, DC this week to consider the implications of recent events in Abidjan and Tunis for the Bank’s operations.
Categories: Tunisia, Côte d’Ivoire, United States of America
