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African Development Fund Board approves a loan of USD 93.51 million to support the agriculture sector in Tanzania
14-Dec-2016 - The Board of Directors of the African Development Fund (ADF) has approved a loan of UA 67.27 million (USD 93.51 million) to the United Republic of Tanzania for on-lending to the Tanzania Agricultural Development Bank (TADB). The funding will contribute to supporting Tanzania’s agriculture sector and achieving the country’s development goals.AfDB’s Board of Directors approves the institution’s borrowing program for 2017
14-Dec-2016 - The Board of Directors of the African Development Bank has approved the institution’s borrowing program for 2017, for an amount of UA 6.9 billion (equivalent to USD 9.4 billion) to be raised from capital markets. One of the main objectives of the program is to raise resources from capital markets, in a cost effective manner, to finance development projects and programs in Africa. The Bank’s funding requirements have been increasing in line with its operations and footprint on the continent. Three years ago, its annual borrowing program was USD...
Niger: strengthening climate change resilience
14-Dec-2016 - In the heart of West Africa, Niger endures long periods of drought. More than US$350 million have been invested since 1980 in operational programmes, including sustainable land management. Faced with the effects of climate change and challenges due to periods of intense drought, the Government of Niger has decided to act decisively. The goal? To help its people to fight the consequences of climate change and ensure inclusive development and growth.Africa needs quality infrastructure for sustained economic growth and inclusiveness
13-Dec-2016 - “Building quality into every stage of the life-cycle of projects is essential if investment in infrastructure is to have a positive impact on Africa’s economic development:” This was one of the key messages from participants at this year’s annual meeting of the Infrastructure Consortium for Africa (ICA) held at the African Development Bank (AfDB) in Abidjan, Côte d’Ivoire, under the theme “Building Quality Infrastructure for Africa’s Development.”AfDB commits USD 74.9M to reinforce road connection between Mozambique and Tanzania
13-Dec-2016 - On Friday 9th December of 2016, the Board of Directors of the African Development Bank Group (AfDB) approved USD 71.8M grant and USD 3.1M loan to the Government of Mozambique for the construction of an asphalted 70km road section in Northern Mozambique, to improve connectivity with Tanzania. The project will open up that isolated part of the country, contributing to the economic growth and the eradication of poverty, as well as foster cross border trade and reinforce regional integration.AfDB commits €40.5 million to build the first major bridge link between Senegal and Mauritania
13-Dec-2016 - On Friday, December 9, 2016, the Board of Directors of the African Development Bank Group (AfDB) approved a loan of €31.3 million to the Islamic Republic of Mauritania and a loan of €9.4 million to the Republic of Senegal, to finance the construction of a bridge at Rosso, between the two banks of the Senegal River, the natural border between the two countries.AfDB commits €44 million to reinforce high-speed broadband access in Niger
13-Dec-2016 - On Friday, December 9, 2016, the Board of Directors of the African Development Bank Group (AfDB) approved a loan of €31.4 million and a grant of €12.5 million to the Republic of Niger to finance the national component of the project of the Trans-Saharan fiber-optic backbone (DTS).
À Tunis, la BAD réitère sa volonté de travailler avec les organisations de la société civile en Afrique du Nord
13-Dec-2016 - La Banque africaine de développement (BAD) a réaffirmé, mardi 13 décembre 2016 à Tunis, en Tunisie, sa volonté de travailler étroitement avec les organisations de la société civile (OSC), pour mieux les associer à la mise en œuvre de ses projets de développement en tirant parti de leur expertise et expérience du terrain. Tunis constituait la dernière étape des consultations régionales que mène la BAD avec les OSC.Le Groupe de la BAD va injecter 84,63 millions d’euros dans l’employabilité des jeunes et la protection sociale au Gabon
12-Dec-2016 - Le Conseil d’administration du Groupe de la BAD a approuvé 84,63 millions d’euros, pour financer le projet de renforcement des capacités pour l’employabilité des jeunes et l’amélioration de la protection sociale au Gabon.Fourteenth Replenishment of the African Development Fund
12-Dec-2016 - Strong donor commitment despite a difficult global economic environment Resources devoted to countries affected by situations of fragility to increase ADF to scale-up support to the private sector
“We are better equipped to deliver results ”, say East African CSOs at AfDB workshop in Nairobi
09-Dec-2016 - The African Development Bank (AfDB)’s consultations with East African civil society organizations (CSOs) concluded on December 9 in Nairobi, Kenya, with participants saying that they are now better equipped to deliver results.How policy implementation can drive Africa’s agro-allied industry
09-Dec-2016 - Implementation of existing policies and strategies by African countries are essential to develop Africa’s agro-allied industry, Ayodele Odusola, Chief Economist and Head of the Strategy and Analysis Team with the United Nations Development Programme (UNDP) Regional Bureau for Africa, has said.
Nobel laureate Eric Maskin addresses issues of globalization and inequality at 11th African Economic Conference
09-Dec-2016 - On Day 1 of the 11th African Economic Conference in Abuja, Nigeria, Prof. Eric Maskin of Harvard University and co-recipient of the 2007 Nobel Prize in economics made a short presentation on why globalization is accelerating inequality instead of reducing it.Le Conseil d’administration de la BAD approuve 65 millions d’euros pour l’électrification rurale, périurbaine et urbaine au Niger
09-Dec-2016 - Le Conseil d'Administration du Groupe de la Banque africaine de développement (BAD) a approuvé, au cours de sa séance de vendredi 09 décembre 2016, un financement de 51,72 millions UC (environ 65 millions d'Euros) destiné à appuyer le Projet d'électrification rurale, périurbaine et urbaine du Niger (PEPERN). L'objectif général de ce projet est d'accroître le taux d'accès à l'électricité des populations dans les huit régions que compte le Niger. Il vise également à améliorer la gouvernance sectorielle à travers le renforcement des capacités des...“Anyone can report issues to us”: 3 questions for Bubacarr Sankareh, Head of Investigations in the AfDB’s Integrity and Anti-Corruption Department
09-Dec-2016 - As Head of Investigations, do you have to investigate acts of corruption reported on African Development Bank-funded projects or within the AfDB?16 Days of Activism against Gender-Based Violence: Message from the President of the African Development Bank
09-Dec-2016 - The African Development Bank is committed to a genuine and comprehensive transformation of Africa through sustainable economic development. Through the implementation of the High 5s – Light up and power Africa, Feed Africa, Industrialise Africa, Integrate Africa, and Improve the quality of life for the people of Africa – a new continent with revived values and a new vision will emerge. But this cannot happen while high levels of violence continue against women and girls.Study shows food safety regulations will promote agriculture exports
09-Dec-2016 - Despite concerns over acceptance of African agricultural produce in the European Union (EU), a study on Tuesday revealed that the adoption of food safety regulations will promote inter-regional trade of agriculture commodities to the EU.
What Africa can learn from China’s Green Revolution in its agro-allied industrialization quest
09-Dec-2016 - Is there a future for smallholder farmers in Africa? Participants at the 2016 African Economic Conference think there is future for smallholder farmers on the continent. They think African countries can use build upon the Green Revolution in Asia and use the lessons learnt raise their productivity.AfDB commits USD 92.9M to open up access of Southern Ethiopian regions
08-Dec-2016 - On Wednesday 7th December of 2016 in Abidjan, the Board of Directors of the African Development Bank Group (AfDB) approved USD 57.6M grant and USD 35.3M loan (Approximately USD 92.9 million) to the Government of Ethiopia for the upgrading of 240km of gravel road sections to all-weather asphalt concrete surfaced road.