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.
26/06/2014 - Africa is on a remarkable growth trajectory. Many analysts predict that the continent’s economic growth will remain above five per cent for the foreseeable future. Yet, achieving this goal will require a different vision on human capital.
Categories: Human Capital Development, Information & Communication Technology, Health, Education, Climate Change, Agriculture & Agro-industries, Gender, Civil Society, Employment, Poverty Reduction, Youth, Structural Transformation
02/06/2014 - Florence Limbio, Minister of the Economy, Planning, Cooperation and Development for the Central African Republic, called for the development of a new plan, under which her country and its multilateral partners – including the African Development Bank (AfDB) – focus on key priorities and add fresh impetus to CAR's economic reconstruction programme.
19/05/2014 - Economic changes in recent decades have shifted traditional power structures and witnessed the emergence of concepts that emphasize gender equality. It is acknowledged that across the continent, women play a pivotal role in agricultural production, rural economy, household-level nutrition and the reduction of rural poverty. Therefore, the promotion of African women and their access to finance plays a key role at the African Development Bank’s Annual Meetings in Kigali.
22/06/2010 - “Development is all about people and African Development Bank cannot afford to rest on its oars until majority of the people are equipped with the relevant knowledge and skills for poverty reduction in Africa,” says Education Expert, Frank Boahene
28/05/2010 - Yes, the C-10 Deputies indeed had an informal side meeting on Thursday May 27 at the AfDB Annual Meeting. Being an informal meeting, one of the objectives was to provide an update on key developments regarding G-20 related activities since the Committee’s last meeting in February in Cape Town. The meeting created an avenue for discussions to build a strong and unified African voice in preparation for the upcoming G-20 Summit Meeting in Canada in June 2010. Economic issues were also discussed, especially those pertaining to prospects for Africa’s economic recovery and exit strategies from expansionary policies
10/11/2009 - “Public procurement represents nearly 70% of governments’ expenditure and more than 90% of capital expenditure in some African countries,” says AfDB Governance Director Gabreil Negatu in an interview ahead of the High Level Forum on Public Procurement Reforms in Africa, which will be held in Tunis from 16-17 November 2009.
02/06/2009 - “The Bank stands ready to assist its regional member countries during these times of global economic turbulence by being responsive and delivering its products and services in a timely fashion, and in a manner that addresses the differentiated needs and challenges facing each member country,” AfDB Governance Department Director, Gabriel Negatu
12/07/2007 - Overall, it is evident that the structure of the economies of North Africa countries is somewhat different from those of Sub-Saharan African countries. There is also variation in the structure of the economies across countries within the Sub-Saharan Africa region itself. For instance, the opportunities and constraints in middle income countries such as Botswana, Mauritius, Namibia, and South Africa are different from those in the ADF countries of Central, East, Southern, and West Africa.
Categories: Poverty Reduction