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Africa is ‘Land of Opportunity’ and Can Help World Return to Growth – AfDB President, Donald Kaberuka, says at G20 in Paris
21-Oct-2011 - Africa is a land of opportunity and growth said Donald Kaberuka, president of the African Development Bank (AfDB), in a speech at the G20 meeting in Paris on 21 October 2011 ahead of the summit in Cannes in November. He said that Africa had, over the past decade, made a great leap forward, and had left behind the stagnation of the past. Mr Kaberuka said the agenda of the French presidency of the G20 could contribute to this momentum and unlock the potential of Africa and all developing countries, not just for the good of Africa but also for...
A New Model for Higher Education in Africa - AfDB Supports Carnegie Mellon University's Campus in Rwanda
19-Oct-2011 - Participants gathered at the Carnegie Mellon University in Rwanda to celebrate a unique tripartite partnership between the African Development Bank (AfDB), the Government of Rwanda and Carnegie Mellon University and the planned opening of a Carnegie Mellon Campus in Rwanda in January 2012.
How Can Africa Achieve Green Growth?
18-Oct-2011 - Written by David Short How to achieve green growth in Africa will be the central question at the Sixth African Economic Conference (AEC)which begins on 25 October 2011 in Addis Ababa, Ethiopia, Africa has one of the fastest economic growth rates in the world, averaging approximately six per cent a year.Japan boosts assistance to Africa by USD 100m through AfDB
17-Oct-2011 - The Japanese government has increased its assistance to private sector projects in Africa through a concessional, or ‘soft’, loan of JPY 8,440 billion, or approximately USD 100 million, to the African Development Bank (AFDB). This loan, entitled the Third Private Sector Assistance Loan, marks the culmination and fulfilment of a pledge that Japan made at the Gleneagles Summit to provide USD 1 billion to Africa through the AfDB.
200 Million Young Africans, 200 Million Opportunities - Joint Initiative on Job Creation for youth in Africa
14-Oct-2011 - Africa is the youngest region in the world. Youngsters make up more than two thirds of Africa’s population, yet they are more likely than adults to be unemployed. In some countries, such as South Africa, Tunisia and Morocco, youth unemployment rates are up to 3 times higher than those of adults. This serious jobs gap needs to be addressed rapidly or else it could translate into social tensions as recently witnessed during the Arab Spring.Islamic Banking and Finance in North Africa
14-Oct-2011 - In its new publication, Islamic Banking and Finance in North Africa, the African Development Bank assesses the state of Islamic banking in the region and explains why its use has been limited.AfDB to Finance Rehabilitation of Rural Infrastructure in Gabon
12-Oct-2011 - The African Development Bank (AfDB) is to finance the rehabilitation of rural infrastructure in Gabon. The Bank’s Board of Directors has approved a loan of roughly USD 68.7 million to finance the Rural Infrastructure Rehabilitation Support Project in the country.Helping Africa's Poor to Manage Risks key to Region’s Progress, Says New Report
11-Oct-2011 - African countries should enhance the strength and resilience of their poor populations through targeted social safeguards, according to “Assessing Progress in Africa toward the Millennium Development Goals (MDGs)”, a region-specific report released today.
Promoting Gender Equality for Development: World Development Report 2012
11-Oct-2011 - The World Bank, in collaboration with the African Development Bank, held a seminar to disseminate the World Bank flagship Report on World Development 2012 Gender Equality and Development, and to hold consultation on another report on Gender Equality in Africa, particularly in the region of North Africa and Middle East.
Libya’s Post War Challenges: A New AfDB Economic Brief
07-Oct-2011 - The impact of the conflict on Libya’s economy will have significant ramifications on the country’s political and economic reconstruction, according to a new economic brief from the African Development Bank (AfDB).
Nairobi Action Plan to Promote Land-Based Investments that Benefit Africa
07-Oct-2011 - Participants at a two-day High-Level Forum on Foreign Direct Investments in Land in Africa resolved to promote land-based investment models that increase agricultural productivity and maximize opportunities for Africa’s farmers. The traditional leaders, government representatives, private sector and civil society actors at the forum stressed that the majority of Africans derive their livelihoods from agriculture, including pastoralism, and that women comprise the majority of smallholder farmers.Valiant Women of Peace
07-Oct-2011 - The announcement of today’s Nobel Peace Prize winners is an inspiration for women around the world.Ellen Johnson Sirleaf is a true source of pride for the African continent, not just as its first female head of state, but also as a tireless champion of peace, which she has worked hard to bring about in her native Liberia.Les jeunes professionnels de la Banque africaine de développement sur le terrain à Kairouan
06-Oct-2011 - Vingt-trois jeunes professionnels de la Banque africaine de développement (BAD) ont effectué, récemment, une visite au projet de développement agricole intégré de Kairouan – un projet financé par la BAD. C’était dans le cadre d’un séminaire de formation organisé par la BAD.Tunisian-Libyan Integration: what prospects?
05-Oct-2011 - Reaching Tunisia’s full potential by enhancing regional integration, was the theme of the African Development Bank’s presentation at a recent forum organized by the Institut de Citoyenneté, a Tunisian network of civil society organizations. “Tunisia is at a critical juncture,” – said Emanuele Santi, country economist in the Bank’s North Africa Department. ”Building closer economic ties with its neighbours can be one of the key drivers for the country’s rebound.”CIF Approves Kenya’s Plan to Expand Renewables with Focus on Geothermal
30-Sep-2011 - On 8 September 2011, the Governing Bodies of the Climate Investment Funds (CIF) endorsed Kenya’s investment plan for funding under its Scaling Up of Renewable Energy Program in Low Income Countries (SREP).New AfDB Study Takes in-depth Look at China-Africa Partnership
30-Sep-2011 - China’s trade with Africa has increased dramatically over recent years. By 2008, it surpassed the USD 100 billion mark to reach USD 114 billion. Despite the 2008 global financial crisis, China-Africa trade nevertheless totalled USD 93 billion in 2009. A new book from the African Development Bank (AfDB) analyses and details this rapid and continuing growth of trade between China and Africa.
Wangari Maathai, a Global Icon
29-Sep-2011 - This is a time of sadness. Wangari Maathai was an icon. She was a true example of the very best that mankind stands for. Her's was a life of devotion and service to others. We at the African Development Bank shall miss a committed friend who was instrumental in our work as Co-Patron of the Congo Basin Forest Initiative. She truly made Africa proud.