The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more
Measuring the pulse of Economic Transformation in West Africa
West Africa is at the heart of Africa’s transformation. With a projected growth rate of 7.4 per cent in 2014, it is the fastest growing region in the continent. As many of its countries undergo a strong stabilization, emerge from conflict, or even rise to middle income status, the region begins to reap the fruits of its regional and global integration. A global demand for expert opinions and analysis is rising rapidly. Read More
An annual collaboration between the African Development Bank (AfDB), the OECD Development Centre and the United Nations Development Programme (UNDP), the African Economic Outlook 2015 (AEO) was launched on May 25, 2015, during the AfDB Annual Meetings. The report provides an overview of the economic and social development of Africa and provides two-year projections.
In West Africa, it is estimated that 57% of the population has no access to electricity, underperforming the continent’s average of about 50%. Although comparable to the continental average, the difference with the developing world (23%) is striking. Considering that the region has become one of the fastest growing places on the continent, energy is considered a substantial bottleneck.
On Sunday, March 8, the world celebrated International Women’s Day. As a lead up to the event, the African Development Bank dedicated an entire week to raising awareness on gender issues.
Coffee is a universal drink with considerable economic impact. It is the most traded agricultural product in the world in terms of volume, coming before wheat, and the second raw material, in value, after oil. World coffee consumption is measured in bags. Current consumption is 140 million bags and is expected to reach 175 million bags by 2020. In the meantime, we therefore need to produce an extra 35 million bags, most of which will be of robusta coffee.
Côte d’Ivoire’s victory against Ghana during the 2015 African Cup of Nations final was widely unexpected and regarded as a historic victory. The Elephants, the Ivorian national football team, were certainly not the favourite team, but surprised most observers with a repeat of their victory against Ghana 23 years ago, again on penalty kicks.