News & Events
06/06/2011 - The financial package includes a loan of USD 265 million approved by the AfDB’s Board of Directors on 30 May 2011, as well as a USD 100 million concessional loan from the Clean Technology Fund. The financial package will support South Africa’s national electricity utility, Eskom, in implementing a USD 1.3 billion renewable energy project introducing concentrated solar power to sub-Saharan Africa and the first utility-scale wind power plant to South Africa.
Categories: South Africa, Private Sector Development
19/05/2011 - The Board of Directors of the African Development Bank (AfDB) Group through its private sector window approved on Wednesday, a €150-million senior loan to finance the Kalagadi manganese mining project; the Bank’s first mining beneficiation and industrial project in South Africa.
Categories: South Africa, Infrastructure, Private Sector Development
09/05/2011 - African economies have made important strides in improving their economic environments in recent years, but much remains to be achieved to ensure that recent strong growth continues. In particular, African governments must better harness the region’s resources through stronger integration into international trade and finance, improved educational systems, enhanced entrepreneurial opportunities for women and developing their tourism sectors.
Categories: South Africa, Regional Integration, President's Corner, Chief Economist's Office
06/05/2011 - On 4 May 2011 at the World Economic Forum on Africa in Cape Town, the African Development Bank (AfDB) participated in a session entitled “One Region: Africa – Three Challenges. From Insights to Action”.
Categories: South Africa, Infrastructure, Regional Integration, President's Corner, Chief Economist's Office
06/05/2011 - These are the African Development Bank (AfDB) comments on the session entitled “Bridging Borders: Fostering Regional Integration” at the World Economic Forum on Africa in Cape Town on 6 May 2011.
Categories: South Africa, Regional Integration, Infrastructure, President's Corner, Chief Economist's Office
- From: 04/05/2011
- To: 06/05/2011
- Location: Cape Town, South Africa
The African Development Bank (AfDB) Group will participate in the World Economic Forum on Africa (WEFA), in Cape Town from 4-6 May, and will bring to bear its unique knowledge and experience of development issues on the continent.
Categories: South Africa, Regional Integration, President's Corner, Chief Economist's Office
06/04/2011 - The Board of Directors of the African Development Bank (AfDB) today approved the 2011-2012 Regional Integration Strategy Paper for Southern Africa. Regional integration is one of the organisation’s priorities, , as reflected in its 2008-2011 Medium-Term Strategy, its Strategic and Operational Framework for Regional Operations and the its 2009-2012 Regional Integration Strategy.
Categories: Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Zambia, Zimbabwe, Transport, Information & Communication Technology, Regional Integration, Energy & Power
- From: 24/06/2011
- To: 25/06/2011
- Location: Cape Town, South Africa
As one of the main implementers of the Climate Investment Funds (CIF) in Africa, the African Development Bank (AfDB) will host the 2011 CIF Partnership Forum in Cape Town, South Africa from 24-25 June 2011. AfDB Vice President, Bobby Pittman, is expected to give opening remarks and welcome over 400 delegates expected from recipient countries, other multilateral development banks, UN agencies, donor countries and other stakeholders.
Categories: South Africa, Climate Change, Environment, Climate Investment Funds (CIF)
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, President's Corner
07/03/2011 - South Africa is a hub for growth and regional integration in Southern Africa. It accounts for 71.5% of regional GDP and is a key player in NEPAD and SADC. About 70% of intra-regional investment flows in the region is conducted by South African firms. South African investment played a large role in neighbouring countries, accounting for between 9% and 20% of GDP in Lesotho, Mauritius, Mozambique, Namibia and Swaziland.
Categories: South Africa, Regional Integration, President's Corner
