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La Facilité africaine de l’eau promeut l’accès à l’eau potable et l’assainissement pour les populations rurales du Bénin

05-Nov-2012 - 13 communes des départements de l’Atacora et de Donga au Bénin, verront leur capacité à réaliser et gérer efficacement des infrastructures et services d’eau potable et d’assainissement améliorée grâce à un don de 1 million d’euros de la Facilité africaine de l'eau (FAE) pour soutenir un projet de  PROTOS Bénin.  Ce don a été approuvé par la Banque africaine de développement (BAD) le 25 octobre 2012, et le projet devrait bénéficier à près de 900 000 habitants. PROTOS Bénin est une organisation non-gouvernementale dédiée à l’amélioration de la...

Expert from Côte d’Ivoire Highlights Economic Implications of the “Invisible World” in Africa

05-Nov-2012 - Rose Koffi-Nevry, an economic expert at Nangui Abrogoua University in Côte d’Ivoire, complained on Friday of the socio-economic consequences of domestic food hygiene on development in Africa, calling it an “invisible world” because public authorities seem to be ignoring the scale and negative implications of this phenomenon on development throughout the continent. A series of household surveys in various African countries has shown that the head of the household consumes at least one meal outside the home, generally in neighbourhood...

Young African Scholar Recognized for Best Research Paper at 2012 African Economic Conference

05-Nov-2012 - On the closing day of the 2012 African Economic Conference in Kigali, Rwanda, on Friday, the conference organizers selected the best research paper presented at the conference by a young African scholar.The goal of the prize was to recognize and encourage research among young Africans.

Invest in Education and Skills for Inclusive Growth

05-Nov-2012 - Education is the surest bet to get all segments of society involved in and benefiting from economic growth and transformation. This is a view shared by many economists and top business and academic leaders who converged in Rwanda’s capital Kigali last week for the 7th edition of the African Economic Conference that the African Development Bank organized in conjunction with the United Nations Development Programme and the UN Economic Commission for Africa.

Africa: Shared Benefits Require Bold Economic Reforms

03-Nov-2012 - Participants at the closing session of the seventh African Economic Conference, on November 2, 2012 in Kigali, Rwanda, urged African leaders to put in place bold economic reforms, aimed at sustaining growth and boosting human development.

Africa Attempts to Assess the Impact of Capital Flight

03-Nov-2012 - The time has come for African governments to assess the financial repercussions of capital flight on the continent. This was the view, on Thursday evening, of Ameth Saloum Ndiaye, researcher in economics at the University of Dakar, in Senegal.

AfDB to Hold 2012 Evaluation Week in Celebration of 25 Years of Evaluation

03-Nov-2012 - This year the African Development Bank will mark 25 years of evaluation work during Evaluation Week, which will take place in Tunis, Tunisia, from December 3 to 6, 2012. The AfDB Evaluation week, an evaluation Indaba, is an annual learning event established to serve as a platform for Bank staff to discuss, debate and reflect on key lessons from evaluations of Bank programs. It is also an opportunity for development practitioners, beneficiaries and evaluation specialists to discuss key issues of concern to Africa’s development.

Stronger Institutions Needed to Eliminate Exclusion

02-Nov-2012 - Leaders who pursue exclusionary policies have themselves to blame for their countries’ stagnation and may, after all, be stoking fires that eventually consume them, economists studying the political economy of social inclusion have warned. Their studies are based on a wave of mass uprisings that swept much of North Africa last year causing regime change in Tunisia, Egypt and Libya even as they inspired waves of public protests in many other countries across Africa.

Africa Faces Many Challenges with Respect to Regional Integration

02-Nov-2012 - The African continent must face many serious challenges in order to achieve successful regional integration and benefit from the advantages that result. This was the recommendation of a panel of expert economists speaking on Day 3 of the seventh African Economic Conference on Thursday in Kigali, Rwanda.

Household Enterprises Are Key to Inclusive Growth

02-Nov-2012 - Economists studying the role of household enterprises in economic growth are advising governments to discontinue ignoring the sector in their development strategies. Instead, they should scale up their understanding of how these enterprises are organized, how they operate and what sort of support they require to strengthen their contributions to growth in respective countries.

African Economic Conference 2012 Ends in Kigali: Where do we go from here?

02-Nov-2012 - “Africa can have a brighter future, and has the potential to become the next emerging market by the end of this decade… Also, the continent’s long-term growth prospects are strong, propelled by both external trends in the global economy and internal changes in the continent’s societies and economies.”

African Farmers Should Reap Benefits of Land Acquisition

02-Nov-2012 - African governments should use the proceeds from land leased to foreign investors to subsidize the cost to local farmers of modernizing their farming methods, or to build infrastructure and improve production.

Good Contracts and Clear Politics Needed to Benefit from Natural Resources

01-Nov-2012 - Countries have the sovereign responsibility and their citizens expect them to use their natural resources responsibly, Roger Nord, the Deputy Director, IMF Africa Department, said on Wednesday, October 31, at the ongoing African Economic Conference in Kigali, Rwanda. One sure way to achieve this is to ensure that right from the start they negotiate contracts that are in their interests. Countries that are already in agreements that disfavour them should find all means possible to renegotiate them, he added.

Transparency and Accountability Key for Successful Public Finance Management in Africa

01-Nov-2012 - The African Economic Conference continued, Wednesday, October 31 in Kigali, Rwanda, with debates on public finance, led by high-profile speakers, conversant with public finance.

Africa Must Invest More in Research for Structural Transformation in Agriculture

01-Nov-2012 - African leaders in the ongoing African Economic Conference are requested to invest selectively in policies that interest citizens in order to improve agriculture productivity.

AfDB Study Examines the Role of Wind Energy in Africa’s Economic Growth

01-Nov-2012 - The installation of wind power stations represents “an original approach” for African countries seeking to ensure sustainable economic growth. This was the message behind a study released on Wednesday afternoon during the African Economic Conference, which is taking place in the Rwandan capital of Kigali.

Expanding Trade for Inclusive Growth: African Continent’s Future Prosperity Will be Built on Trade

01-Nov-2012 - Key challenges and opportunities for effective expansion of trade for inclusive development were discussed in depth in a plenary session of the seventh African Economic Conference on Thursday, November 1 in Kigali, Rwanda.

Fragility Needs More Financial Resources

01-Nov-2012 - Fragile countries require more financial support to stand a chance of improving their fortunes, Shantayanan Devarajan, the World Bank’s Chief Economist for the Africa Region, said Thursday at the ongoing African Economic Conference in Kigali, Rwanda.

AfDB and World Bank Conduct Workshop on Export Dynamics in IGAD Region

31-Oct-2012 - The African Development Institute (EADI), in collaboration with the Office of the Chief Economist, the Sudan Field Office (SDFO) and the World Bank are organizing a training workshop which runs from October 29  to November 1, 2012 in Khartoum on Export Dynamics and Trade Facilitation. The workshop is attended by experts from the Inter-Governmental Authority on Development (IGAD) countries. Participants include officials of the IGAD Secretariat, Ministries of Trade, Industry, Chamber of Commerce, other policy makers and private sector interests.

MDBs Explore Ways to Adapt to Changing Global Economic Landscape “Remaining Relevant in a Fast Changing World”

31-Oct-2012 - Adapting policy and strategy to the changing global economic and financial landscape is the major preoccupation of representatives of multilateral development banks (MDBs), who concluded their two-day annual forum on Wednesday in Tunis. The African Development Bank’s first Vice President and Chief Operating Officer, Emmanuel Mbi, underscored the importance of the meeting on the theme “Remaining Relevant in a Fast Changing World” as an opportunity for the MDBs to discuss critical issues germane to their work.