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New AfDB Report Analyses Arab Spring and Options for Future
19-Jun-2012 - A new report from the African Development Bank (AfDB) analyses the causes of the various political events in 2011 in various North African countries, or the Arab Spring. It goes on to suggest various policy options to policy makers in the countries under transition. The report, entitled ‘Jobs, Justice and the Arab Spring: Inclusive Growth in North Africa’ is produced by the AfDB’s North Africa department.
Economic Valuation of Land Crucial for African Development, Rio+20 Hears
18-Jun-2012 - Land valuation was the topic of the first event held by the African Development Bank (AfDB) at the UN Conference on Sustainable Development, or Rio+20, in Rio de Janeiro. The AfDB held the event, entitled “Economic Valuation of Land: An Approach to Advance Sustainable Development in the Context of a Green Economy”, in partnership with Global Mechanism on 14 June. An expert panel discussed the economic valuation of land as an approach to advance sustainable development in the context of a green economy.AfDB Hosts Talks on Accelerating Green Growth in Africa at Rio+20
18-Jun-2012 - the UN Conference on Sustainable Development, or Rio+20, in Rio de Janeiro. The event, entitled “Facilitating Green Growth in Africa: Perspectives from the African Development Bank”, was held on 14 June. The AfDB’s Chief Climate Change Specialist at the AfDB, Frank Sperling, explained how green growth is premised on the notion that economic growth can be achieved through a range of economic activities.
AfDB Hails Public-Private Partnerships as Major Aid to African Water and Sanitation
18-Jun-2012 - Public finance is not enough to meet Africa’s growing need for better water and sanitation, said a senior African Development Bank (AfDB) official at a conference on the subject. Private funding must also play its part, he said. Mr Sering Jallow, director of the AfDB’s Water and Sanitation Department, made his remarks at a conference held in Dakar, Senegal, between 5 and 8 June.
African Economic Growth is Strong, but AfDB President Calls for G20 Positive Signal to Maintain Momentum
18-Jun-2012 - Attending the G20 Summit in Los Cabos, Mexico, which opened on 18 June, the president of the African Development Bank, Donald Kaberuka, made the following declaration regarding the economic situation in Africa, noting that current growth is strong but warning that indecision or poor decisions by the global community could harm its future prospects. "I hope this G20 Summit can give a positive signal and act decisively, bearing in mind the global consequences of inaction, especially on low income countries."MENA CSP Scale-Up Initiative: Joint Workshop of the African Development Bank and the World Bank Group
15-Jun-2012 - To increase energy security, strengthen regional integration and promote industrial growth and diversification, Algeria, Egypt, Jordan, Morocco and Tunisia have joined together to expedite the deployment of concentrated solar power (CSP) and exploit the region's vast solar energy resources. These countries of the Middle East and North Africa (MENA) region have developed and are now implementing an investment plan under the Clean Technology Fund (CTF) that aims to:Niger and Mozambique Plans for Climate Resilience Backed by the CIF
15-Jun-2012 - The Climate Investment Funds (CIF) have approved projects in Niger and Mozambique that aim to strengthen their populations’ resilience to climate change by improving hydrometeorological methods and communication in Niger and climate-proofing agricultural supply chains in Mozambique.AfDB at Rio+20: Smoothing Way to Green and Thriving Africa
15-Jun-2012 - The African Development Bank Group (AfDB) is at Rio+20 to voice Africa’s agenda until 22 June, with fellow African institutions such as the African Union Commission and the UN Economic Commission for Africa and many leaders from across the continent. The theme for Rio+20 is “The Future We Want.” Africa cannot afford to miss this opportunity to push for the future it wants with a development agenda that matches its aspirations.Sweden pledges €7.5 million to ClimDev-Africa Special Fund
15-Jun-2012 - The Swedish government has pledged to commit €7.5 million to a special fund of the Climate for Development in Africa Program (ClimDev-Africa) established to pool resources and finance demand-driven projects in Africa that intend to generate and disseminate climate information to all levels of society.AfDB and other Development Banks Work on Common Reporting Method for Adaptation Finance
15-Jun-2012 - The African Development Bank (AfDB) hosted a Joint MDB Adaptation Finance Tracking Workshop on the sidelines of the Climate Change Conference of the UN Framework Convention on Climate Change (UNFCC), held from 14 to 25 May in Bonn, Germany. The MDBs discussed the adaptation concept that they will adopt, as well as the high level principles of the joint methodology, and a roadmap to test and disclose the methodology by the 2012 UN Climate Change Conference (COP18) in late November.AfDB Sponsors Africa Express Initiative to Showcase Renewable Energy
15-Jun-2012 - African Development Bank (AfDB) projects to develop concentrated solar power in Morocco and geothermal power in Kenya are two of some 20 renewable energy initiatives being covered by Africa Express, a year-long study of sustainable energy in Africa, and,what organizers hope will be the first successful tour of Africa by train.Sustainable Energy Fund for Africa Supports Smaller-Size Renewable Energy and Energy Efficiency Players
15-Jun-2012 - After six months of operations, the Sustainable Energy Fund for Africa (SEFA), a joint initiative of the African Development Bank and the Danish government, designed to encourage private investment in small/medium-scale renewable energy and energy efficiency projects in Africa, has built an active pipeline through its project preparation assistance window.Over 100 Entries Compete for AfDB eHealth Award
12-Jun-2012 - On 19 May, the African Development Bank (AfDB) announced the launch of its eHealth award, which recognizes the best Authentic African ICT solutions in health.AfDB to Channel USD 43 million from the Global Environment Facility (GEF) to Stimulate Africa’s Climate Resilience
12-Jun-2012 - The African Development Bank (AfDB) has secured and will implement additional resources amounting to USD 43 million to stimulate Africa’s climate resilience. These resources were obtained at the Global Environment Facility (GEF) 42nd Council Meeting (5-7 June 2012), which approved three initiatives that will offer far-reaching benefits to African nations for better forest management, climate technology transfer and private sector engagement in renewable energy.Mainstreaming Climate Change in Bank Operations: Training Course on Climate Change, Energy and Transport
12-Jun-2012 - The African Development Bank (AfDB), in conjunction with International Development UEA and the Tyndall Centre for Climate Change Research at the University of East Anglia UK, offered AfDB staff a training course on Climate Change, Energy and Transport on 26 to 27 April 2012 in Tunis, Tunisia. AfDB managers received an overview of climate change issues and their implications on AfDB’s work and investment decisions in the areas of energy and transport. Participants discussed how the AfDB can address climate change effectively in its programming...NEPAD-IPP Facility and Indian Trust Fund join forces to enhance railway sector in EAC Region
11-Jun-2012 - The railways sector development project in the East African Community (EAC) region was at the center of discussions during the Bank’s 2012 Annual Meetings in Arusha, Tanzania. A joint funding grant accord was signed on June 1, between the EAC, the Indian Trust Fund and the NEPAD-Infrastructure Preparation Project Facility, to modernize and improve the railway sector in the region.