News & Events
27/11/2014 - The Management Board of the African Legal Support Facility (“ALSF” or “the Facility”) launched a major meeting on November 26 in Abidjan to assess status of implementation of ongoing projects, among others. Discussions are expected to continue to November 27, and will provide an opportunity for the Management Board to consider approval of the work plan and budget for 2015, as well as other substantive documents for transmission to the Governing Council of the Facility.
07/11/2014 - The African Development Bank Group (AfDB) has approved a US $37-million (UA 25-million) Crisis Response Budget Support loan to Madagascar for the financing of its Emergency Economic Recovery Programme (PURE).
02/11/2014 - The newly launched Millennium Development Goals 2014 Report (MDG 2014) has assessed that although poverty rates in Africa are declining at an accelerated rate since 2005, the pace is still too slow to meet the poverty reduction target.
01/11/2014 - While an increasing number of Africans are enjoying higher living standards, countries in Sub-Saharan Africa should redouble efforts to ensure crises such as the current Ebola outbreak in West Africa do not reverse development achievements, according to a report released here today during the African Economic Conference.
10/12/2013 - A new publication, Financial Inclusion in Africa, released on Monday, December 9 by the Complex of the Chief Economist of the African Development Bank (AfDB) finds that for sustained and inclusive development to thrive, a great deal of innovation is needed to ensure that appropriate financial services and instruments are put in place for the benefit of the poor and other vulnerable groups in Africa.
21/10/2013 - The outgoing United States Executive Director at the African Development Bank Group, Walter C. Jones, received glowing tributes from peers who cited his commendable service to the Bank during his last regular Board meeting on Friday, October 18 in Tunis ending his three-and-a-half-year duty tour in the Bank.
24/09/2013 - According to Chedly Ayari, Governor of the Central Bank of Tunisia (BCT), “Migrants are development stakeholders in their own right.” He reiterated this belief time and again at a workshop on migrant money transfers organized by the African Development Bank (AfDB), and held at the Central Bank in Tunis on June 19, 2013.
31/07/2013 - On Thursday, July 25, I was in Washington for an award ceremony at the US Treasury, in which two African Development Bank projects received recognition. Straight afterwards, I appeared on the Kojo Nnamdi show on Washington public radio alongside Lael Brainard, Under Secretary of State for International Affairs at the Treasury. We were discussing Africa, and its new investment opportunities. The message from both of us was of a resurgent Africa, a place for business and for opportunity, drawing strength from internal positive dynamics and still resilient to the slowdown in the global economy. We both emphasized how the work of the African Development Bank was contributing – in funding, in sharing knowledge, and in mobilizing investment.
Categories: United States of America, Uganda, Côte d’Ivoire, Economic & Financial Governance, Regional Integration, Youth, Financial Crisis, Poverty Reduction, Energy & Power, Aid for Trade Trust Fund, Human Capital Development, Gender, ADF
26/07/2013 - On the heels of the US Treasury Development Impact Honors ceremony in Washington, DC, African Development Bank Group President, Donald Kaberuka, joined a radio debate on “The US, Africa and the Global Economy” on American University Radio (WAMU 88.5FM). He was joined by LaelBrainard, Under Secretary of the US Treasury for International Affairs. Here are some of the program’s highlights.
Categories: United States of America, Economic & Financial Governance, Human Capital Development, Youth, Financial Crisis, Regional Integration, Poverty Reduction, Energy & Power, Aid for Trade Trust Fund, The President
15/07/2013 - Titled ‘Accelerating the AfDB’s Response to the Youth Unemployment Crisis in Africa’ this African Development Bank (AfDB) publication takes stock of the challenges and responses to youth employment in Africa. The paper proposes a framework to address the crisis as well as the structural needs of the African labor markets. It lays the ground for a joint AfDB- AU-ECA-ILO initiative to support countries to address the growing youth unemployment crisis in Africa.