News & Events

03/05/2012 - In the wake of the Arab Spring, the emerging political landscape in North Africa promises to give new impetus to regional integration efforts, according to a new study from the African Development Bank (AfDB). The report - entitled, Unlocking North Africa's potential through Regional Integration - reviews the prospects for the region as new democratically-elected governments seek to promote inclusive growth and build institutions for good governance. The diversity of resource endowments in the region, coupled with the existing physical infrastructure, represent an important opportunity to further development through integration.

Categories: Tunisia, Libya, Egypt, Regional Integration

06/04/2012 - The African Development Bank Group (AfDB) and YES BANK Limited, India, held a joint Indo-African Knowledge Exchange Workshop on “Regulation of Cross-Border Mobile Payments and Regional Financial Integration” at the Hotel Trident, Mumbai on 29 and 30 March 2012.

Categories: India, Information & Communication Technology, Regional Integration

28/03/2012 - Africa’s numerous border and customs posts, with the associated bureaucracy and long delays, continues to hold back trade and economic growth on the continent, reports a new study from the African Development Bank (AfDB).

Categories: Economic & Financial Governance, Regional Integration, Chief Economist's Office

14/03/2012 - The African Development Bank (AfDB) and the World Customs Organization (WCO) have recently signed a memorandum of understanding aimed at strengthening the efforts of both institutions towards enhancing capacity building and customs modernization in Africa. While acknowledging that “many African Customs administrations are lagging behind others”, the World Customs Organization’s Secretary General, Kunio Mikuriya, is optimistic about Africa’s ability to strengthen its customs system. “Many African customs administrations have obtained political support for customs modernization initiatives,” he said in an interview.

Categories: Regional Integration, Partnerships

31/01/2012 - The African Development Bank (AfDB) and the World Customs Organization (WCO) will work together to enhance the capacity of customs administrations in Africa. The declaration was made yesterday evening in Addis Ababa, Ethiopia, during the signing ceremony of a memorandum of understanding between the two institutions, on the margins of the 18th African Union Summit.

Categories: Ethiopia, China, Regional Integration, Partnerships, President's Corner

11/11/2011 - Enhanced linkage of regional markets, support to regional research and training centers, capacity building, as well as regional transport infrastructure are among key provisions of the African Development Bank’s (AfDB’s) newly approved strategy, which is designed to strengthen regional integration in West Africa.

Categories: Regional Integration, Economic & Financial Governance

15/07/2011 - The Board of Directors of the African Development Bank (AfDB) has approved a €60-million loan for the construction of a new container terminal at the Lome Port in Togo.

Categories: Togo, Regional Integration

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