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

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AfDB Annual Report 2017 (Arabic)
29/05/2018 18:25
AfDB Annual Report 2017 (Arabic)
AfDB Financial Report 2017 (Arabic)
29/05/2018 18:25
AfDB Financial Report 2017 (Arabic)
AfDB Annual report 2017
22/05/2018 17:34
AfDB Annual report 2017
Promoting environmental and climate change benefits in africa
17/05/2018 11:47
Promoting environmental and climate change benefits in africa
AfDB Statistics Pocketbook 2018
11/05/2018 20:13
AfDB Statistics Pocketbook 2018
Compendium of Statistics on Bank Group Operations - 2018
11/05/2018 20:00
Compendium of Statistics on Bank Group Operations - 2018
African Statistical Yearbook 2018
11/05/2018 19:39
African Statistical Yearbook 2018
The Future of Work - regional Perspectives
23/04/2018 16:01
The Future of Work - regional Perspectives
Enhancing Sustainable Development in Ethiopia through Climate Change Mitigation and Adaptation
04/04/2018 16:26
Enhancing Sustainable Development in Ethiopia through Climate Change Mitigation and Adaptation

Categories: Ethiopia

African Prospects 2018 Vol. 1
23/03/2018 19:08
African Prospects 2018 Vol. 1
Jorge Luis Borges famously said: “Don’t talk unless you can improve the silence.” We had his warning in mind when we thought about launching African Prospects, this new yearly publication from the African Development Bank Group. Why, indeed, do this? The answer is straightforward: Good knowledge is the main driver of economic development. That is why producing, acquiring, sharing, and diffusing knowledge—through various channels and processes of social learning—make it the most important of all public goods. The African Development Bank Group is well positioned to carry out and share cutting-edge research with African leaders, and to support them as they try to build high-performing domestic institutions for policymaking. The Bank’s ongoing intellectual work focuses on its High 5 agenda to Light Up and Power Africa, Feed Africa, Industrialize Africa, Integrate Africa, and Improve the Quality of Life for the People of Africa. For these five major themes, the AfDB’s analytical and advisory activities also cover various cross-cutting themes pertinent to African development, including research and policy documents on trade, finance, and natural resource governance. In addition to the traditional media and tools for sharing Bank knowledge--electronic platforms, books, articles in academic journals, working papers, policy reports, lectures, seminars, and conferences— we are renewing our engagement with development stakeholders across Africa. We are targeting, in particular, two key constituencies: young people and women. Our aim is to discuss serious development issues in ways that are less formal, and this is where African Prospects comes in. African Prospects 2018: The Road to the High 5s features a diverse group of leading figures from the development world, academia, business, finance, civil society, and the arts alongside African Development Bank senior managers. It is not a collection of predictions. Instead, it offers reflections on where the continent stands on the High 5 Agenda, and identifies and explores the issues that matter the most as Africa moves ahead—in think pieces of various lengths and styles. Contributors include a Nobel laureate, central bank governors, an African Union Commissioner, a vice-president of one of Africa’s leading regional development banks, the first African scholar to be elected president of a major university in Japan, an influential banker, internationally renowned novelists and intellectuals, several music icons, an influential cartoonist, and emerging names and leading online voices for young Africans. In launching this yearly, magazine-type publication, we hope to pass the Jorge Luis Borges test, and to “improve the silence.” Beyond the print edition, African Prospects 2018 is available in full digital version at www.afdb.org.Read more
Assessing forestry law enforcement, governance and trade in Africa
21/03/2018 14:08
Assessing forestry law enforcement, governance and trade in Africa
This report by the African Natural Resources Centre examines the progress made by African countries to enforce forest law and governance, under the <em>Forest Law Enforcement and Governance programme</em>. The report, which was based on an extensive qualitative research, examines national strategies and looks at how African countries are carrying out voluntary partnership agreements in line with the European Union Law Enforcement, Governance and Trade Action Plan. The report showcases the existing opportunities to integrate export and import markets within Africa by promoting intra-African trade of timber products within an informal framework. It suggests intra-African trade of timber products can produce substantial benefits to people living both in timber exporting and timber importing countries. The report further highlights the relevant value added that the African Development Bank can bring to improve legality and governance in the timber value chains.Read more
How Forestry contributes to the African Development Bank's 'High 5s' Priorities: challenges and opportunities
21/03/2018 12:27
How Forestry contributes to the African Development Bank's 'High 5s' Priorities: challenges and opportunities
African forests span over 21 to 23 percent of the continent’s total land mass. However, forest endowments vary across the different regions and countries of Africa, with far higher proportions in the continent’s central and southern regions. The analysis in this paper provides greater evidence of the numerous contributions of forestry to the African Development Bank’s “<link en/the-high-5/>High 5</link>” development priorities. The paper stresses that forestry has tremendous potential to contribute to the green economy and increase household as well as state revenues in African countries. It further pinpoints that the realisation of these opportunities depends on the governance of the forest industry, the ways in which forests are managed, the need for increased local value addition to primary forest products, and the need to promote intra-African trade in forest products.&nbsp;Read more
African Statistical Journal Vol.20
12/03/2018 16:38
African Statistical Journal Vol.20
West Africa Economic Outlook 2018
12/03/2018 14:00
West Africa Economic Outlook 2018
The West Africa Economic Outlook presents a comprehensive economic analysis of the 16countries in this region, focusing on growth, macroeconomic stability and employment, structural change, and poverty reduction. It provides estimates for 2017 and projections for 2018 and 2019. A second part of the outlook examines the labor market in more detail. Average GDP growth in West Africa stalled in 2016, after several strong years, to 0.5 percent. It rebounded in 2017 to 2.5 percent, and was projected to rise to 3.8 percent in 2018 and 3.9 percent in 2019. Countries’ performance varied, but because Nigeria contributes about 70 percent of regional GDP, its patterns largely shape regional ones. The service sector’s share in the economy is the largest in most countries, and manufacturing’s share is the smallest in all of them. Demand in the economies comes primarily—70 percent on average—from private consumption, but gross capital formation is expected to be the fastest growing area of demand in the next couple of years. To reduce vulnerability to external shocks threatened by the dependence of several economies, especially Nigeria, on oil or other mineral extraction, West Africa must increase domestic input into its products through manufacturing, especially processing minerals and agricultural products.Read more
Southern Africa Economic Outlook 2018
12/03/2018 13:51
Southern Africa Economic Outlook 2018
The economic outlook for the Southern Africa region is cautious. Broad-based economic activity is expected to recover at a slow pace, but the outlook remains modest, given the diverging growth patterns for the region’s economies. Upper middle-income countries turned in low and declining rates of growth. Meanwhile, lower income transitioning economies recorded moderate and improved growth, albeit at reduced rates. Despite the improvement, economic performance remains below the regional target of 7 percent annual economic growth for all member states. The region’s economic outlook continues to face major headwinds: high unemployment, scal strain, increasing debt, and high in ation. Real GDP is estimated to have grown at an average of 1.6 percent for 2017, before increasing to a projected 2.0 percent in 2018. Future regional growth is bolstered primarily by expectations of increased investment in non-oil sectors such as electricity, construction, and technology, in large infrastructure projects, and in mining, as well as a continued recovery of commodity prices. Net commodity exporters and low-income economies, generally, are outperforming their larger net manufacturing exporter counterparts. The decline in commodity prices in recent years, reaching their lowest point in 2015, translated into signi cant income losses for these economies, implying negative impacts on public and private sector spending, and therefore growth and employment.Read more
North Africa Economic Outlook 2018
12/03/2018 13:44
North Africa Economic Outlook 2018
This <em>North Africa Economic Outlook </em>(covering Algeria, Egypt, Libya, Mauritania, Morocco, and Tunisia) examines the macroeconomic performance of the region and the outlook for 2018 and 2019 and explores the relationship between food security and rural poverty. Part I looks at the key drivers of regional GDP growth and its sectoral decomposition, price movements, scal and current account balance, domestic resource mobilization, and debt dynamics. It also identi es common structural issues facing North African countries and analyzes trends in poverty and inequality and how they relate to unemployment and growth. Part II explores food security and rural poverty in North Africa, viewing them as interlinked. It proposes a strategy to enhance food security while reducing rural poverty and rural–urban inequality by increasing farmers’ share of value added. The North Africa region has recovered strongly since the Arab Spring in 2010. Indeed, real GDP growth was estimated at 4.9 percent, up from 3.3 percent in 2016, higher than the African average of 3.6 percent and second only to East Africa. But this improved performance stems largely from the greater than expected production and export of oil by Libya, which generated strong GDP growth of 55.1 percent, thanks to an improved security situation resulting from a joint regional and international assistance effort to the country. Growth prospects for 2018 and 2019 are positive given reforms undertaken in all countries. The growth outlook for the region remains favorable relative to that for other regions (except East Africa) with an average growth projected at 5.0 percent in 2018 and 4.6 percent in 2019.Read more
East Africa Economic Outlook 2018
12/03/2018 13:36
East Africa Economic Outlook 2018
The <em>East Africa Economic Outlook </em>reviews economic performance in 2017 and forecasts the next two years by highlighting the region’s key drivers of growth, opportunities, and challenges. It covers major macroeconomic developments in the region’s 13 countries and discusses structural issues affecting future growth, poverty, and inequality. It also presents in part II a synopsis of manufacturing activity in the region, drawing on a previous study of seven of the region’s countries. The outlook selects manufacturing as the sector to cover due to its potential to drive future growth and employment in the subregion. Economic growth in East Africa was a robust 5.9 percent in 2017 and is forecast to persist in 2018 and 2019. It would have been even higher, had it not been for political instability in the region’s fragile states. The service sector is generally the main driver of East Africa’s growth as agriculture, which has for a longtime played a leading role, is receding. Services grew 12.4 percent in 2017, compared with 12.0 percent for industry and 7.1 percent for agriculture. The mineral and industrial sectors’ role in driving growth is also increasing. On the demand side, household consumption is the main driver of growth, followed by public investment in infrastructure, mineral exploration, and construction.Read more
Central Africa Economic Outlook 2018
12/03/2018 13:27
Central Africa Economic Outlook 2018
This <em>Central Africa Economic Outlook </em>analyzes the recent economic situation and prospects for the region. Part I focuses on the evolution of key macroeconomic indicators, including GDP growth, in ation, scal and current account balances, terms of trade, employment, and inequality. It also assesses short- and medium-term economic prospects based on key economic fundamentals, including structural and policy factors. In addition, it investigates employment generation, looking in particular at whether growth has created jobs and reduced poverty and inequality. Part II focuses on development of the huge forest and timber resources in the Congo Basin, which could be an important driver of diversi cation, economic resilience, and green growth for the six countries in the basin. Inclusive and sustainable development of the sector can also reduce the vulnerability to external shocks linked to commodity price volatility that results from Central African countries’ heavy reliance on nonrenewable oil and mineral resources.Read more
Inclusive Climate-Smart Finance – Reaching those most in need
06/03/2018 15:16
Inclusive Climate-Smart Finance – Reaching those most in need
AfDB Projects changing Lives in Egypt
18/01/2018 16:36
AfDB Projects changing Lives in Egypt
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