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AfDB supports access to finance for African SMEs with the official launch of the African Guarantee Fund

01-Jun-2012 - The African Development Bank Group (AfDB) President, Donald Kaberuka, announced today, at the AfDB Annual General Meetings, the official launch of the African Guarantee Fund (AGF), a market-friendly guarantee scheme designed to ease access to finance for African Small and Medium Enterprises (SMEs).

AfDB’s CSO Forum Closes with a Renewed Commitment to Partner for Development

01-Jun-2012 - A Forum for Civil Society organized during the African Development Bank’s Annual Meetings in Arusha ended on Friday with the endorsement of three key areas of collaboration identified during their discussions. Firstly, there is a significant mutual interest in working on common development objectives.

AfDB Seminar Participants say too Many Institutions Impede Africa’s Development

01-Jun-2012 - The duplication of economic and financial institutions in African has been identified as one of the key obstacles to the continent’s development. African finance and economic leaders who converged on Arusha, Tanzania, for the Annual Meetings of the African Development Bank said on Wednesday that harmonization of institutional approach remains the key to developing and financing infrastructure.

AfDB and WWF to Launch Africa Ecological Footprint Report

01-Jun-2012 - The African Development Bank (AfDB) and global conservation group WWF (World Wide Fund for Nature) have launched today a joint report on the state of Africa’s environment.   The Africa Ecological Footprint Report: Green Infrastructure for Africa's Ecological Security takes stock of the health of Africa’s ecosystems, as well as trends in resources use patterns. It also lays out recommendations on implementing green development pathways for Africa.  

AfDB 2012 Annual Meetings End on Cautious Optimistic Note-Governors Commend Bank’s Role in Africa’s Development

01-Jun-2012 - The Annual Meetings of the African Development Bank Group (AfDB) closed on Friday in Arusha, Tanzania, on an optimistic note that Africa would be a winner in the uncertain emerging landscape if the continent continues to implement reforms and maintain fiscal prudence that have seen countries in the region posting impressive growth in spite of the global financial crisis.

AfDB Goes Mobile for Research Data with Partner Mobile Accord

01-Jun-2012 - At the onset of the African Development Bank (AfDB) Annual Meetings, its Chief Economist, Mthuli Ncube, announced a strategic partnership with Mobile Accord for the processing of mobile-based surveys throughout Africa. The announcement comes in the wake of discussions at the AfDB for the need for better engagement of technology to support the Bank’s many initiatives around the continent, including their “Youth Employment” and “Transforming Africa” projects.

Les Assemblées annuelles de la BAD s’ouvrent sous le signe du réveil africain

31-May-2012 - ”Une nouvelle ère est en train de s‘ouvrir pour l’Afrique à condition que nous puissions prendre les bonnes décisions » , a déclaré Donald Kaberuka, président de la Banque africaine de développement (BAD), à l’ouverturedes  Assemblées annuelles de l’institution qui se sont ouvertes, jeudi 31 mai, à Arusha, en présence de  chefs d’Etat,  de leur représentant, et de hauts responsables d’institutions internationales.

Africa Needs Political Will to Achieve Regional Integration and Economic Transformation

31-May-2012 - “Africa has potentials to develop trade and regional integration. Economies are not transformed. They are highly dominated by internal barriers. More importantly, there is lack of political will among leaders.” These were the key messages of the conference on “Aid for trade and regional integration: Removing barriers to regional trade integration” one of the side event, at the African Development Bank’s 2012 Annual Meetings in Arusha, Tanzania.

Formal Opening of AfDB 2012 Annual Meetings: Tanzanian President says Africa is set to become world economic power

31-May-2012 - Africa is poised to become the world’s new economic power house for the 21st century, provided it continues to embrace the sound economic policies that engendered the progress being witnessed today, Tanzanian President Jakaya Mrisho Kikwete said in Arusha on Thursday at the official opening of the 2012 Annual Meetings of the African Development Bank (AfDB).

Moroccan Monarch lauds AfDB’s long-term strategy

31-May-2012 - As Africa’s premier development finance institution, the African Development Bank (AfDB) is faced with the double challenge to enhance its excellence while identifying relevant areas for development and the mobilisation of funding resources, Morocco’s King Mohammed VI said Thursday.

Formal Opening of AfDB 2012 Annual Meetings: President Kaberuka encourages African countries to keep growth momentum

31-May-2012 - Despite the present “feel good factor” in many economies across Africa, this is no time for hubris rather a moment of sober reflection, African Development Bank Group (AfDB) President Donald Kaberuka said on Thursday in Arusha.

Participants at AfDB Seminar Underscore Need to Mobilise Domestic Resources for Africa’s Transformation

31-May-2012 - Mobilisation of domestic and intra-African resources should be the way to go if the continent is resolute about putting its economic structural transformation into high gear and accelerate growth, according to experts attending the 2012 African Development Bank (AfDB) Annual Meetings in Arusha, Tanzania.

Le président Alassane Ouattara espère que la BAD va célébrer son 50ème anniversaire à son siège à Abidjan

31-May-2012 - Le président ivoirien Alassane Ouattara a appelé de nouveau jeudi, à Arusha (Tanzanie),  au retour du  Groupe de la Banque africaine de développement (BAD) à son siège, à Abidjan (Côte d’Ivoire), M. Ouattara a ainsi souhaité que la banque commémore ‘’chez elle’’  en novembre 2014, dans la capitale économique ivoirienne, le 50ème anniversaire de sa création.

AfDB Stresses Importance of Remittances and Microfinance for Financial Inclusion

30-May-2012 - The role played by remittances and microfinance in the empowerment of the less privileged in society came under scrutiny on 29 May in Arusha, Tanzania, during a high-level panel discussion ahead of the 2012 annual meetings of the African Development Bank (AfDB) Group.

La BAD plaide pour une répartition plus équitable de la croissance en Afrique

30-May-2012 - La deuxième Revue annuelle sur l’efficacité du développement –  Edition 2012, de la Banque africaine de développement (BAD),  publiée ce mercredi à Arusha (Tanzanie), dans le cadre de la 47ème Assemblée annuellede l’institution, plaide pour une répartition plus équitable de la croissance économique notée ces dernières années en Afrique.  

Regional Integration Can Boost Job Creation and Foster Economic Growth

30-May-2012 - Accelerated regional integration can generate greater benefits including job creation given the high unemployment levels and the youthful demographic profile of the East African region, experts have said.

AfDB Panel Discussants Say Addressing Infrastructure Gap is Key to Africa’s Transformation

30-May-2012 - Lack of sufficient and reliable infrastructure continues to constrain Africa's potential for growth and economic transformation. This view was the focus of a high level  debate on the theme, “Africa Transforming Africa” at the ongoing annual meetings of the African Development Bank(AfDB), where participants underscored the continent’s infrastructure deficit across all sectors including roads, water , energy, transport and poor communication networks as a key issue limiting the continent's economic transformation.

Le nouveau dynamisme africain salué par Donald Kaberuka lors d'une rencontre avec la presse

30-May-2012 - Le président Donald Kaberuka a reçu  à déjeuner, mardi à Arusha, l'ensemble des médias présents aux Assemblées annuelles.

Perspectives sur la gouvernance financière, des progrès mais l’Afrique doit mieux faire

30-May-2012 - « Lorsque la gouvernance fait défaut, ce sont très souvent les capacités  qui manquent pour l’assurer », c’est ce qu’a  affirmé Frannie Leautier,  Secrétaire exécutif de la fondation pour le renforcement des capacités en Afrique (ACBF) qui intervenait, le 30 mai 2012, lors de la session consacrée aux « Perspectives sur la gouvernance en Afrique » dans le cadre des Assemblées annuelles de la BAD à Arusha.

Credit Rating Can Help African Countries Access International Financial Markets

30-May-2012 - As the Governors of the African Development Bank Group meet in Arusha, Tanzania, from 31 May to 1 June 2012, the annual rating of AfDB by Standard and Poor’s, Moody’s and Fitch, has led to call to African countries wishing to access international financial markets to join the process for their own benefit.