09/12/2016 - As Head of Investigations, do you have to investigate acts of corruption reported on African Development Bank-funded projects or within the AfDB?
I am indeed head of the division responsible for conducting enquiries, as part of the AfDB Integrity and Anti-Corruption Department. Our division is free to investigate suspected or potential cases of practices liable to sanctions in projects funded by the Bank. There are five types of sanctionable practices in the Bank: fraud, corruption, collusion, coercion and obstruction
02/09/2016 - What is the current status of the Abidjan-Lagos Corridor?
The Abidjan-Lagos Corridor is a flagship project of the Programme for Infrastructure Development in Africa (PIDA), which was endorsed by African Heads of States in February 2012 at the 18th African Union summit in Addis Ababa. PIDA is an ambitious initiative which comprised 51 priority projects estimated at nearly US $68 billion to be completed by 2040.
25/08/2016 - Why is NEPAD-IPPF a critical instrument to bridge Africa’s infrastructure financing gap? NEPAD Infrastructure Project Preparation Facility, NEPAD-IPPF, was established in response to a call of the G8 countries in Kananaskis, Canada, to address one of the weaknesses of infrastructure development in Africa: the lack of investment-ready, viable projects. NEPAD-IPPF is a multi-donor Special Fund hosted by the African Development Bank (AfDB), which supports African countries, to prepare regional infrastructure projects in energy, transport, ICT and transboundary water to make them bankable for investment.
24/08/2016 - Where did the idea of Fashionomics originate? The initiative originated from the interest Geraldine Fraser-Moleketi, the Special Envoy on Gender, expressed in the topic. She saw the potential for this project to develop jobs for young people in Africa, particularly for young women, who make up the majority of the labour force in the fashion and textile industries.
26/05/2016 - 1. What is the status of the New Deal on Energy for Africa and how can it serve Africa’s regional integration purpose?
Energy is one of the most essential requirements for Africa’s development. The cost of delayed full electrification of the continent is increasing as time goes by. The African Development Bank has therefore made “Light up and Power Africa” the first of the five pillars of its High5 vision.
24/05/2016 - Mario Pezzini, Director of the Development Centre at the Organisation for Economic Co-operation and Development (OECD), has called on the need for Africa to explore investment opportunities in order to address issues of unemployment, particularly among youth.
23/05/2016 - Urbanisation of cities is now characterised with slums due to lack of planning by some local government authorities, says UN-Habitat Deputy Executive Director and Assistant Secretary-General Aisa Kirabo Kacyira.
19/05/2016 - The Bank hopes to lead transformative changes in Africa’s energy systems, agriculture and land-use systems. It is also committed to ensuring inclusive and green growth. How does it endeavour to do so? What is the role of agricultural statistics in solving energy and food security challenges? The African Development Bank Group Director, Statistics Department, and Officer-in-Charge of the Chief Economist Complex, Charles Leyeka Lufumpa, discusses these issues in the lead-up to the Bank’s 2016 Annual Meetings in Lusaka. Excerpts.
04/02/2016 - The African Development Bank’s first Mandela Washington Fellow, Thabang Moleko of South Africa, talks about the Fellowship and his role within the AfDB’s Human Capital Development Department.
05/11/2015 - Widespread poverty in Africa has been at the top of the agenda at the African Economic Conference (AEC) in Kinshasa. According to Akinwumi Adesina, President of the African Development Bank, this is a scourge that “the continent must not simply manage, but eradicate.” Yet what is the best way to address this problem, and with what resources? Expectations are high. In an interview before the opening of the AEC, Issa Faye, Manager of the AfDB’s Research Division, gives us an insight into the Bank’s approach to this issue.