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Enhanced governance and leadership key to opening up Africa for Africa
05-Sep-2013 - Africa’s premier multilateral financial partner, the African Development Bank (AfDB), has added its weight behind the call to augment intra-Africa trade, pointing out that the continent needs to enhance governance and leadership to realize its trade potential.AfDB Support to Senegal’s Efforts to Protect Lake Guiers
05-Sep-2013 - The African Development Bank Group (AfDB) is supporting Senegal’s efforts to protect Lake Guiers in the northern part of the country with a loan and a grant totaling US $24.42 million (UA 15.86 million) to finance restoration of the lake. The Project to Restore the Ecological and Economic Functions of Lake Guiers (PREFELAG), approved by the AfDB Group’s Board on Wednesday, September 4, 2013 in Tunis, seeks to reinstate optimal conditions for normal functioning of the lake.African Leaders Call for More Flexible Focus on Vulnerability, not Fragility, and an Expanded Role for the AfDB
03-Sep-2013 - On Monday, September 2, Ellen Johnson Sirleaf, President of Liberia, and Donald Kaberuka, President of the African Development Bank Group, led a special high-level panel on fragile states.
AfDB President Kaberuka Visits Nordic Countries, Garners Support for AfDB Funding Activities
02-Sep-2013 - The President of the African Development Bank (AfDB) Group, Donald Kaberuka, this week made an official visit to the Nordic member countries of the Bank Group to discuss the institution’s Strategy 2013-2022, its transformation agenda and the impeding return of the Bank to its headquarters in Abidjan, Côte d’Ivoire, among other issues.The AfDB Grants US $1.5 million to Flood Victims and to the University of Nyala in Darfur
02-Sep-2013 - The African Development Bank (AfDB) and the Government of Sudan on Wednesday, August 28, 2013, signed two Protocol of Agreements in which the Bank provided Emergency Assistance of US $1 million to Flood Victims in Blue and White Nile States, and US $0.5 million to the University of Nyala to build research capacity for the Scientific Preservation of Livestock Breeds in Sudan.AfDB Approves a US $15 Million Equity Investment to Boost African Financial Markets
02-Sep-2013 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, September 4 an equity investment of up to US $15 million to the Enko Africa Private Equity Fund (EAPEF). The Fund aims to invest in mid-size companies registered in Africa and exhibiting a strong potential for successful listing on one or many African stock markets.Norway Empowers African Legal Support Facility with US $4.9 Million
02-Sep-2013 - Norway is supporting the African Development Bank’s African Legal Support Facility (ALSF) with a contribution of NOK 30 million (approximately US $4.9 million), as a core contribution towards the ALSF 2013-2014 work program. The President of the African Development Bank Group (AfDB), Donald Kaberuka, and Norway’s Minister of International Development, Heikki Eidsvoll Holmås, signed the agreement for the support in Oslo on Thursday, August 29, 2013.Denmark Contributes US $1.8 Million to Africa Agriculture Fast Track Fund
02-Sep-2013 - The Government of Denmark has announced a contribution DKK 10 million (approximately US $1.8 million) to the Agriculture Fast Track Fund to Spur Investment in the development of African agriculture infrastructure. The announcement was made on Wednesday, August 28, 2013 in Copenhagen by Denmark’s Development Cooperation Minister, Christian Friis Bach, during the visit to the country by the President of the African Development Bank Group, Donald Kaberuka.
World Water Week 2013 in Stockholm – Africa in the Limelight
31-Aug-2013 - Thousands of the world’s government representatives, water experts and industry leaders gathered in Stockholm from September 1-6, 2013 for World Water Week. With water cooperation on the agenda, participants have been discussing ways to foster greater collaboration between stakeholders to see that water remains at the top of the development agenda.Democratic Republic of Congo gets $21.5 million green light to transform its vast forests
30-Aug-2013 - The Democratic Republic of Congo (DRC) has won approval of a $21.5 million grant from the Climate Investment Funds (CIF) to jump-start sustainable management of its critically important forest sector to reduce greenhouse gas (GHG) emissions and strengthen forest governance.
AfDB and University of Göteborg Host Discussion on Structural Transformation and Natural Resources Management in Africa
30-Aug-2013 - The African Development Bank’s Ten Year Strategy is gaining momentum.
AfDB boosting geothermal development in East Africa: Geothermal Exploration Project in Lake Assal Region Launched
28-Aug-2013 - The African Development Bank (AfDB) and the Government of Djibouti on Monday, August 26, signed the funding agreements, totalling US $7.5 million, for a geothermal exploration project in the region of Lake Assal. “The exploitation of geothermal potential in the Lake Assal region will enable the Djiboutian population to access reliable, renewable and affordable source of energy,” said AfDB’s Regional Integration Director Alex Rugamba, on behalf of Gilbert Mbesherubusa, Vice-President, Infrastructure, Private Sector and Regional Integration,...
AfDB Launches Pilot Business Development Initiative in the Industries and Services Sectors for Zambia and Tanzania
27-Aug-2013 - The Private Sector Department of the African Development Bank (AfDB) is launching a three-month pilot business development initiative in the industries and services sectors in Zambia and Tanzania. As the premier Development Finance Institution in Africa, the African Development Bank Group (the Bank) is engaged in mobilizing resources for sustainable and inclusive growth across the continent. The Bank provides funding for the continent’s growth through its public and private sector windows.On the Road to Transformation: Learning from Experience
27-Aug-2013 - As the African Development Bank embarks on the implementation of its recently approved Ten Year Strategy (2013-2022), it is important for the Bank and its key partners to take stock of lessons learned through evaluations of some key strategic areas.
AfDB, AUC Sign US $45 Million Grant Agreement to Boost Pan African University
23-Aug-2013 - The African Development Bank (AfDB) and the African Union Commission (AUC) have signed a grant agreement worth US $45 million to boost the Pan African University. This grant from AfDB Group’s concessional window, the African Development Fund, will help the African Union establish the Pan African University with a view to enhancing Africa’s competitiveness and growth through the creation of high quality higher education and research capabilities.
AfDB President Urges Enhanced Value Chain Development at the 12th AGOA Ministerial Forum in Addis Ababa
21-Aug-2013 - “What will it take for African exports to move up the global value chain?” This is the question that African Development Bank President Donald Kaberuka posed to delegates and African Trade Ministers attending a session that he chaired on regional integration through trade facilitation during the Trade Ministerial meeting at the 12th Africa Growth and Opportunity Act (AGOA) Forum. Thousands of delegates converged on the Ethiopian capital of Addis Ababa for the AGOA Forum from August 9-13, 2013, including a high-level U.S.
AfDB’s Integrity and Anti-Corruption Department Submits First Set of Reports in New Sanctions Regime
20-Aug-2013 - The Director of the Integrity and Anti-Corruption DepartmentIntegrity and Anti-Corruption (IACD), Ms. Anna Bossman, today in Tunis, formally handed over four reports (Findings of Sanctionable Practices) to the Sanctions Commissioner under the new sanctions regime. As Sanctions Commissioner, Maitre Akere T.BAD-Burundi : Lancement du Projet d’aménagement des bassins versants et d’amélioration de la résilience climatique
14-Aug-2013 - Les activités du Projet d’aménagement des bassins versants et d’amélioration de la résilience climatique (PABVARC) ont été officiellement lancées le 9 août dernier au Burundi, au siège du projet, à Mahwa, dans le centre du pays.BAD-Burundi : Lancement du Programme de renforcement des capacités de l’administration
14-Aug-2013 - Les activités du Programme de renforcement des capacités de l’administration (PRECA) ont officiellement été lancées le 12 août dernier à Bujumbura au Burundi, sous le parrainage du deuxième vice-président de la République, Gervais Rufyikiri, et sous la présidence effective du ministre des Finances et de la Planification du développement économique, Tabou Abdallah Manirakiza, ainsi que de la ministre de la Fonction publique, du Travail et de la Sécurité sociale, Annonciate Sendazirasa.