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The Minister of Finance of Morocco Hails AfDB Support for Green Growth in his Country
03-May-2013 - During a working visit to the African Development Bank (AfDB) in Tunis on 3rd May 2013 , Nizar Baraka, Moroccan Minister of Finance, and Chairman of the AfDB Board of Governors, welcomed the support of the Bank to his country’s quest for green growth. In his words, the AfDB is the country’s leading partner. «The Institution works hand in hand with us and is the driving force of our economy towards green growth,» he said.The African Legal Support Facility Supports Capacity Building on PPPs in Senegal
02-May-2013 - As part of the project being implemented by the African Legal Support Facility (ALSF) to strengthen the legal capacity of the Direction de l’Appui au Secteur Privé (DASP) of the Ministry of Economy and Finance of Senegal, and more particularly its Division of Public-Private Partnerships, the ALSF provided support on April 22-26, 2013 in Dakar, Senegal in the organization of a training seminar for government and quasi-governmental employees involved in the process of publAfrican Ministers of Finance Contribute to AfDB-Harvard Ministerial Leadership in Health Forum
02-May-2013 - From April 21-24, 2013, a distinguished audience comprising of more than 20 serving and former Ministers of Finance, former Prime Ministers and Presidents, prominent scholars and economists participated in the Ministerial Leadership in Health Forum at Harvard University.
Kaberuka Emphasizes Infrastructure Financing and Maintenance at Times CEO Forum
02-May-2013 - Participating in The Times CEO Summit Africa 2013 high-level panel on infrastructure in London on April 30, African Development Bank (AfDB) President Donald Kaberuka said that one of the major problems the sector is facing is bringing infrastructure projects to bankability. He also pointed out that if the funding gap could not be financed by African capital entirely, leveraging this capital did offer a solution.World Press Freedom Day
02-May-2013 - The African Development Bank Group (AfDB) joins the international media and communications community on Friday, May 3, to celebrate the 20th anniversary of the World Press Freedom Day. This year’s World Press Freedom Day is on the theme “Safe to Speak: Securing Freedom of Expression in All Media,” with special focus on the protection of the rights of journalists to do their vital work.
The AfDB approves a Ten-Year Strategy for Africa’s Transformation
29-Apr-2013 - The economic transformation of the African continent is the cornerstone of the African Development Bank Group’s new Ten-Year (2013-2022) Strategy. The Strategy, which has been approved by the Executive Directors of the Bank, emphasizes the quality and sustainability of growth.AfDB-Nigeria: The AfDB reinforces its partnership with Plateau State
29-Apr-2013 - In a move to strengthen its relationships with its partners on the ground the African Development Bank (AfDB) Resident Representative, Ousmane Dore, paid a courtesy call on the Plateau State Governor, Jonah David Jang, on April 12, 2012 in Kuru. Discussions between Jang and Dore revolved around the development of Nigeria in general and the Plateau region in central Nigeria.AfDB Facilitates Energy Diversification and Access to Clean Energy with the Approval of a €115 Million Loan to Turkana Wind Power Project in Kenya
26-Apr-2013 - The Board of Directors of the African Development Bank (AfDB) approved €115 million in financing for a wind power project in Kenya’s Lake Turkana region. The project will add 300MW to power generation capacity and will benefit Kenya by providing clean and affordable energy that will reduce the overall energy cost to end consumers. Furthermore, the project will allow the landlocked Great Rift Valley region to be connected to the rest of the country through the improved infrastructure linked to the wind farm, including a road, fiber-optic cable...AfDB successfully reopens its 5-year US Dollar Global bond
26-Apr-2013 - This week, the African Development Bank successfully priced a USD 500 million reopening of its the 5-year bond, originally issued in January, bringing the new total issue size to USD 2.175 billion. This is the third reopening of this 5-year line and is now the Bank's largest outstanding Global transaction to date.
The AfDB and its Partners in Support of the Water Sector in Mali
25-Apr-2013 - A Round Table of donors for the financing of the Drinking Water Project in Bamako was held on 18-19 April 2013 in Bamako, Mali. The meeting noted significant developments in project preparation from the technical, environmental and institutional viewpoints. The discussions helped to ensure the commitment of major donors to pursue their participation in the project’s implementation and to agree with the government and other partners as to the way forward with regard to the project’s execution.
International Financial Institutions Agree to Share Data to Improve Development Outcomes and Lay the Groundwork for the Post-2015 Development Agenda
24-Apr-2013 - Leaders of six multilateral financial institutions, met in Washington on 19 April 2013 to discuss the Millennium Development Goals (MDGs). The meeting was presided over by AfDB President, Donald Kaberuka , the coordinator of the multilateral l financial institutions for 2013.AfDB to Host the Sustainable Energy for All Initiative’s Africa Hub
23-Apr-2013 - During the first Advisory Board Meeting of the Sustainable Energy for All (SE4ALL) Initiative, Donald Kaberuka, President of the African Development Bank (AfDB), announced that the AfDB will host the SE4ALL Africa Hub in cooperation with its African partner institutions: the African Union Commission and the NEPAD Planning and Coordination Agency, and with the support of United Nations Development Program (UNDP).The Hub will be part of the global implementation structurAfDB Strengthens Angola’s Public Institutions
23-Apr-2013 - The African Development Bank (AfDB) organized on 15-19 April 2013 in Luanda, Angola a workshop meant to strengthen capacity for projects and financial management in the country’s public institutions.The AfDB’s Compelling Case for Africa’s Structural Transformation
23-Apr-2013 - The African Development Bank (AfDB) Group’s 2013 Annual Meetings take place from 27-31 May in Marrakech, Morocco. The 48th meetings of the AfDB and the 39th meetings of the African Development Fund (ADF) will be held under the central theme of “Structural Transformation in Africa.” For the AfDB, transforming Africa’s economies entails diversifying and expanding the sources of economic growth and opportunity in a manner that promotes greater productivity for sustained and inclusive economic development.The Committee of Ten (C10) encourages diversification to overcome economic vulnerability
22-Apr-2013 - Meeting in Washington DC, USA, on April 18, 2013, the Committee of Ten (C10), comprising of African Ministers of Finance and Central Bank Governors called for strong support for the African Development Fund (ADF) and argued for a true transformation of African economies.AfDB and EBRD to Launch Assessment of Tunisia’s Public Procurement System
21-Apr-2013 - The African Development Bank (AfDB) and the European Bank for Reconstruction and Development (EBRD) are jointly organizing the North Africa and Southern Eastern Mediterranean (SEMED) Regional Public procurement Conference on Morocco on April 22-23 in Marrakesh, Morocco to launch a report on the assessment of the public procurement system of Tunisia. The conference, which will provide Tunisia an action plan to improve its public procurement system will include discussions on public procurement initiatives, reforms and assessments in Egypt,...AfDB Launches Multinational Project on Rural Economy in Zambia
19-Apr-2013 - The Ministry of Agriculture and Livestock (MAL) in Zambia and the Zambia Agriculture Research Institute (ZARI), with support from the International Institute for Tropical Agriculture (IITA), successfully launched the African Development Bank-funded Multinational – Consultative Group on International Agricultural Research (CGIAR) Support to Agricultural Research for Development of Strategic Crops in Africa (SARD-SC) on April 16, 2013.