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The President of the Republic of Benin visits the African Development Bank

11-Jan-2017 - The President of the Republic of Benin, Patrice Talon, visited on Wednesday 11 January 2017 the headquarters of the African Development Bank (AfDB) Group in Abidjan, Côte d'Ivoire, where he was welcomed by President Akinwumi Adesina, for the presentation of the new program of action of the Government of Benin for the period 2016-2021. "My emotion would not have been greater if the meeting had taken place in Cotonou because the AfDB is an institution of great pride for the Africans, " the President of Benin, said on his arrival.

AfDB hosts first edition of the Africa Resilience Forum

10-Jan-2017 - The African Development Bank is hosting the first edition of the Africa Resilience Forum in Abidjan, Côte d’Ivoire, on January 10-11, 2017. The overarching theme will focus on “Delivering the High 5s in a Resilient Africa”, with six plenary sessions and multiple parallel breakout sessions delving deeper into fragility issues affecting the continent.

Measuring inclusive growth: from theory to applications in north africa

06-Jan-2017 - In the Middle East and North Africa region, concern with inclusive growth has been nurtured by the Arab uprisings after 2010. This interest partly emanated from the need to understand the root causes of these upheavals and partly from the challenges in the post-uprising era which have seen mounting expectations to improve the conditions of the masses. It is noteworthy that the uprisings mainly occurred against a somewhat paradoxical background of a period of relatively improved economic performance in the region.

SEFA to support Tanzania in establishing a Renewable Energy Investment Facility to finance rural energy access projects

05-Jan-2017 - The African Development Bank-hosted Sustainable Energy Fund for Africa (SEFA) approved on November 29, 2016 a US $870,000 preparation grant for Tanzania’s the Rural Energy Agency (REA) to structure the Renewable Energy Investment Facility (REIF), which will provide affordable finance to private sector clean energy projects providing energy access to rural communities in Tanzania.

AfDB workshop on Independent Review Mechanism outlines complaints procedures for Bank-financed projects

04-Jan-2017 - The Compliance Review and Mediation Unit (CRMU) of the African Development Bank Group (AfDB) is organizing an information workshop on “Handling complaints from people affected by AfDB-financed projects” on 11-12 January 2017 in Yaoundé, Cameroon.

Aéroport Marrakech Menara au Maroc, 240 millions d’euros de la BAD pour en faire une plaque tournante de l’aviation dans la région

22-Dec-2016 - Le nouveau terminal de l’aéroport Marrakech Menara (Maroc), l’un des cinq aéroports du continent à avoir obtenu le label carbone niveau 1, a été inauguré par Sa Majesté le Roi Mohamed VI, en présence de responsables gouvernementaux et de la Banque africaine de développement (BAD), seul bailleur de fonds international, ayant participé à son financement.

Sudan and the AfDB Sign $ 29 million agreement to support youth entrepreneurship in agriculture

22-Dec-2016 - On 21 December 2016, the Federal Minister of Finance and Economic Planning of Sudan, Badr Eldien Mahmoud Abass and the Resident Representative of the African Development Bank (AfDB) Dr. Abdul Kamara signed an agreement for $29 million to finance the Empowering novel agri-business led employment for the youth (ENABLE Youth) in Sudan.

From surviving to thriving: How AfDB is helping transform agriculture in Africa - new report

21-Dec-2016 - 97 percent of the Bank’s agriculture projects rated satisfactory. 4000 kilometers of feeder roads built; three million people trained on farming practices 150,000 microcredit loans, water systems on 181,000 hectares of farmland

African Development Bank signs US$ 500 million, 2nd tranche of budget support loan for Egypt

19-Dec-2016 - The African Development Bank, on 19th December 2016, signed a loan of US$ 500 million to finance the Egypt Economic Governance and Energy Support Program Phase II. The loan, which was approved by the Bank’s Board of Executive Directors on 13th December 2016, is the second tranche of a three year, US$ 1.5 billion programmatic series, covering the fiscal years 2015/16 to 2017/18 (July-June). It builds on the first phase of the operation, a US$ 500 million loan that was approved in December 2015 and was fully disbursed in early January 2016.