News & Events
23/04/2012 - Zambia hosted the annual pilot countries meeting of the Pilot Program for Climate Resilience (PPCR) on 12 to 13 March 2012. Teams from Mozambique, Niger and Zambia joined counterparts from around the world in Livingstone, Zambia, to share lessons learned and best practices in developing strategic plans for climate resilience
Categories: Zambia, Mozambique, Niger, Climate Change, Climate Investment Funds (CIF)
17/04/2012 - The African Development Bank’s (AfDB) resident representative in Zimbabwe, Freddie Kwesiga, and the secretary general of the Common Market for Eastern and Southern Africa (COMESA), Sindiso Ngwenya, conferred last week on how to ease the daunting problem of youth unemployment through working with small and medium-sized enterprises (SMEs).
Categories: Zimbabwe, Zambia, Human and Social Development, Youth
26/03/2012 - A new survey from the African Development Bank (AfDB) of the East African banking sector has found that it eager to do business with small and medium-sized enterprises (SMEs). The banks surveyed in Kenya, Tanzania, Uganda and Zambia view SMEs as ‘highly profitable’. They are also important providers of employment in the region.
Categories: Tanzania, Uganda, Kenya, Zambia, Economic & Financial Governance, Chief Economist's Office
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
23/02/2012 - On 12 an 13 March 2012, representatives from Mozambique, Niger and Zambia will be in Livingstone, Zambia, to attend the fifth meeting of pilot countries and regions participating in the Pilot Program for Climate Resilience (PPCR), a program of the Climate Investment Funds (CIF). As implementing agent of the CIF, the African Development Bank (AfDB) will also attend.
Categories: Mozambique, Zambia, Niger, Climate Change, Climate Investment Funds (CIF)
29/09/2011 - The African Development Bank Board of Directors has approved a USD 24-million loan to finance Zambia’s fourth poverty reduction budget support program. The African Development Fund (ADF) loan is part of USD 159 million budget support operation financed by World Bank ($30 m loan), European Commission ($43.5 m grant), UK’s Department for International Development ($41.6 m grant), Germany ($13.6 m grant), and Finland ($6.8 grant).
Categories: Zambia, Poverty Reduction, 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
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
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
21/10/2010 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday 20 October 2010 in Tunis, a USD 15-million equity investment in Catalyst Fund, a 10-year multi-sector private equity based in Kenya primarily covering the East Africa Community (EAC) as well as DRC, Ethiopia and Zambia. The target market has a population of 280 million, with a USD 126 billion combined GDP.
Categories: Kenya, Ethiopia, Democratic Republic of Congo, Zambia, Private Sector Development
