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AfDB Group Executive Directors visit Burkina Faso
14-Mar-2011 - Tunis, 14 March 2011 - As part of their programme of visits to regional member countries, a delegation of Executive Directors of the Bank Group is currently on a consultation mission to Burkina Faso, from 14 to 16 March, 2011. The AfDB portfolio in Burkina Faso comprises 17 ongoing projects amounting to UA 342 million, about. CFAF 255 billion (grants and loans), net commitment, including national components of regional projects.AfDB Inaugural Thought Leadership Seminar on Boosting MSMEs in Africa
10-Mar-2011 - Tunis, March 9, 2011 - The Chief Economist and Vice-president, Mthuli Ncube, on Wednesday, 9 March 2011, launched the Bank’s inaugural Thought Leadership Seminar on one of the most critical challenges for accelerating African development: “boosting the growth of MSMEs (micro, small and medium enterprises). This initiative is part of the Bank’s knowledge-sharing program and opens a path for innovative thinking.Rehabilitating Liberia’s Infrastructure for Improved Services and Poverty Reduction
09-Mar-2011 - “The Bank is leading efforts to provide jobs in fragile and post crisis situations. It is commonly known that reduced poverty among youth and unemployed will contribute directly to stability and peace and pave the way for a participatory process in state building”, affirms Sunita Pitamber, Fragile States Unit Head.
Women’s Day: AfDB Women Establish Women's Scholarship Fund
08-Mar-2011 - Today, March 8, 2011, the centenary of the International Women’s Day (IWD) celebrations is a great day for women worldwide. It is also a great day for women in the African Development Bank (AfDB), who commemorated the day with the establishment of a scholarship fund to assist girls’ education.AfDB Supports 100th Women’s Day Celebrations
08-Mar-2011 - Tunis, March 8, 2011 - The AfDB Women’s Network launched a new Scholarship Fund for women’s education on Tuesday in Tunis. This initiative was to mark the 100th anniversary of the International Women's Day, organized this year on the theme, “Equal Access to education, Training, Science and Technology: Pathway to Decent Work for Women”. The Bank also held discussions with women who are exemplary in their field of expertise. Tunisia, host country to the AfDB’s Temporary Relocation Agency, maintains an impressive 56% female students enrolled in...President Kaberuka Launches Multi-Donor Trust Fund for Zimbabwe
07-Mar-2011 - Speaking at the launch of the Zimbabwe Multi-donor Trust Fund (Zim-Fund) on 7 March 2010 in Harare, the African Development Bank (AfDB) President, Donald Kaberuka, commended Zimbabwe’s economic recovery since the establishment of the Government of National Unity. This has provided the basis for a process of re-engagement with the international community. The Zim-Fund, which is now operational with an initial commitment of USD 68.8 million, is a first step on this road. The AfDB stands ready to work with the authorities and Zimbabwe’s...South Africa is a Hub for Growth and Regional Integration in Africa
07-Mar-2011 - South Africa is a hub for growth and regional integration in Southern Africa. It accounts for 71.5% of regional GDP and is a key player in NEPAD and SADC. About 70% of intra-regional investment flows in the region is conducted by South African firms. South African investment played a large role in neighbouring countries, accounting for between 9% and 20% of GDP in Lesotho, Mauritius, Mozambique, Namibia and Swaziland. A number of South African financial institutions are also expanding their reach across the region.AfDB President Commends Zimbabwe’s Recovery, Urges Measures to Boost Confidence
07-Mar-2011 - The President of the African Development Bank (AfDB) Group, Mr. Donald Kaberuka, today called on Zimbabwe’s Government of National Unity to reduce economic policy uncertainties that could undermine the country’s recent economic recovery. He urged the government to implement policies that would boost confidence in order to keep momentum. Mr. Kaberuka was launching the Multi Donor Trust Fund, managed by the AfDB. On a 24-hour visit to Zimbabwe, Mr.Zimbabwe’s Infrastructure Flagship Report Launched
07-Mar-2011 - In January 2010, the African Development Bank (AfDB) accepted the Government of Zimbabwe’s request that it deepen and broaden its analytical knowledge base in Zimbabwe. That knowledge base had been depleted during the decade-long economic and political crisis in the country.ADEA 2011 Triennial in Burkina Faso: "An Opportunity to Take a Critical Look at Education and Training"
23-Feb-2011 - "The turmoil currently afflicting African countries, and the confusion among the young generation with no prospects for the future, requires us to take a more critical look at our strategic development policies as well as at our education and training systems ".African Development Bank’s Press Statement on Egypt
17-Feb-2011 - Egypt, one of the Bank’s largest clients and shareholder is entering a critical part of its recent history through a delicate political transition. The success of which transition is key to a brighter future. As Egypt embarks on that process, the Bank alongside all Egypt’s friends and partners stands ready to engage fully with the Egyptian people to assist the country to deal with its immediate challenges.The ALSF/PALU Capacity Building Project
16-Feb-2011 - Introduction: The African Legal Support Facility ("ALSF" or the "Facility") which was approved by the Board of Directors of the African Development Bank ("AfDB" or the "Bank") on April 30, 2008, was formally established in June 2009, as a legally autonomous and independent institution, temporarily housed in the Bank while awaiting a final decision by ALSF's Governing Council. ALSF was established mainly as a response to calls from G-8 finance ministers and African finance ministers to:International Trade Law Capacity Building Program Launch in Kigali
16-Feb-2011 - Kigali, 11 February 2011 - The international Trade Law Capacity Building Project was formally launched in Kigali (Rwanda), on February 11, 2011, by Rwanda’s President, Paul Kagame, and the African Development Bank (AfDB) Group President, Donald Kaberuka. This major legal capacity building project is a joint program of the African Legal Support Facility (ALSF) and the Pan-African Lawyers’ Union (PALU). It is designed to strengthen international trade law practice on the continent and build the rule of law in the service of economic development...Lancement du programme de renforcement des capacités en droit commercial international par le chef de l’Etat du Rwanda et le président de la BAD
14-Feb-2011 - Le projet de renforcement des capacités en droit commercial international a été lancé officiellement à Kigali (Rwanda) le 11 février 2011, par Paul Kagamé, chef de l’Etat du Rwanda et Donald Kaberuka, président du Groupe de la Banque africaine de développement (BAD). Cet important projet de renforcement des capacités juridiques est un programme conjoint de la Facilité africaine de soutien juridique (FASJ) et de l'Union panafricaine des avocats (PALU).AfDB Commits to Support Tunisia’s Transition
14-Feb-2011 - Following the Tunisian revolution, the African Development Bank (AfDB) President, Donald Kaberuka, met with Tunisian Interim Prime Minister, Mohamed Ghannouchi, on Monday, 14 February 2011 in Tunis, where they discussed challenges facing the government and ways in which the Bank could provide support.AfDB President Commits to Support Tunisia’s Transition
14-Feb-2011 - The African Development Bank (AfDB) has expressed its willingness to support Tunisia’s interim government in key economic areas to enable a smooth transition and long-term stability of the country.