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Addressing conflict and fragility in Africa: Leaders discuss empowerment, partnerships and accountability in Brussels meeting
18-Apr-2014 - “Addressing conflict and fragility in Africa” was the theme of an event organized by the African Development Bank’s High Level Panel on Fragile States during the Africa-EU Summit in Brussels on April 1. The event was chaired by President Ellen Johnson Sirleaf of Liberia with opening statements made by President John Dramani Mahama of Ghana, and Andris Piebalgs, Commissioner for Development at the European Commission.AfDB Board approves revised framework for selection and prioritization of regional operations
18-Apr-2014 - The Board of Directors of the African Development Bank Group met on Wednesday, April 16, 2014 in Tunis and approved a revised framework for the selection and prioritization of regional operations.Afrique de l’Ouest : L’une des toutes premières institutions régionales de gestion des eaux souterraines voit le jour, grâce à une étude financée par la Facilité africaine de l’eau
17-Apr-2014 - Grande première, les aquifères de l’Iullemeden et de Taoudeni/Tanezrouft seront gérés dans un cadre de concertation à dimension régionale, promettant ainsi à plus de 25 millions d’habitants de l’Afrique de l’Ouest l’accès à une ressource en eau jusque-là sous-exploitée.
Zambia Signs Energy Sector Agreement for Itezhi Tezhi Power Generation Project
16-Apr-2014 - The African Development Bank (AfDB), with the Dutch Development Bank FMO, the Development Bank of Southern Africa (DBSA) and Propaco of France on Monday, April 14 signed a USD142 million loan to develop the 120 MW Itezhi Tezhi power project.AfDB a cornerstone investor in $698 million Sub-Saharan Africa Fund
16-Apr-2014 - Private sector investment key to continent’s development, says Kaberuka African Development Bank support for private equity investment in Africa recorded a major success on Wednesday, April 16, when The Carlyle Group announced it had raised $698 million for its new Sub-Saharan Africa Fund, exceeding its initial target by 40 per cent. The Bank was a cornerstone investor and played a crucial role by investing $50 million at an early stage in the fundraising.AfDB’s “Egypt-COMESA Trade Enhancement Forum” brings together experts to boost regional integration through trade and investment
15-Apr-2014 - More than 70 senior officials representing the Common Market for Eastern and Southern Africa (COMESA) trade bloc, the Egyptian export and business council private sector, leading banks and related ministries, attended the African Development Bank’s (AfDB) forum held at the Four Season’s Hotel on March 27 to boost regional integration between Egypt and COMESA.Nearly one third of African Nations engaged in Climate-Smart Initiatives, report says
15-Apr-2014 - In its just-released 2013 Annual Report for its work with the Climate Investment Funds (CIF), the African Development Bank (AfDB) has indicated that it is supporting 16 national and 1 regional Investment Plans in renewables, forests, resilience andRegional stakeholder workshop held on low emission development and green growth in Africa
15-Apr-2014 - From March 31 to April 3, African Development Bank (AfDB) staff participated in a regional forum in Kinshasa, Democratic Republic of Congo (DRC), on opportunities for green growth in Africa.Vocational Training for the Employment of Youth: A Leading Priority for African Countries
14-Apr-2014 - The Association for the Development of Education in Africa (ADEA) Inter-Country Quality Node on Technical and Vocational Skills Development (ICQN/TVSD) held on March 31 and April 1, 2014 an “Inter-Country Seminar on Youth Employment in Africa” in Abidjan, Côte d’Ivoire.
“Partnership and leverage is the model for supporting the transformation of Africa,” says Donald Kaberuka
14-Apr-2014 - The African Development Bank (AfDB) and Africare signed a 5-year Memorandum of Understanding in Washington, D.C. on 12 April. Speaking at the ceremony – within a Bank-funded Summit on ‘Creating Opportunity for Africa’ in the margins of the World Bank and IMF Spring Meetings – AfDB President Donald Kaberuka said: “Partnership and leverage is increasingly the model for supporting the transformation of Africa”.2014 AfDB Annual Meetings in Kigali: Online registration now open
10-Apr-2014 - This year’s AfDB Annual meetings will take place from Monday, May 19 to Friday, May, 23, 2014 at the Kigali-Serena Annual Meetings Village. The 49th Annual Meetings for the African Development Bank and the 40th meetings of its soft loan affiliate, the African Development Fund (ADF), will focus on the theme “The next 50 years: The Africa we want”.Nigeria becomes largest economy in Africa with $509.9 billion GDP
10-Apr-2014 - Nigeria has become the largest economy in Africa and 26th largest in the world following the rebasing of its Gross Domestic Product from 1990 to 2010 constant prices. Following the recalculation, the Statistician General of the Federation announced on Friday, April 4 that the country’s GDP emerged at $509.9 billion in 2013 up from $285.56 billion, an 89.2% increase. Accordingly, Nigeria’s GDP per capita has almost doubled from $1,437 to $2,688.“Ending Conflict and Building Peace in Africa: A Call to Action” Fragile States report discussed in Washington, DC
10-Apr-2014 - President Donald Kaberuka of the African Development Bank Group will present the final report of the High Level Panel on Fragile States titled “Ending conflict and building peace in Africa: A call to action” in Washington, DC on Thursday, April 10 2014.Twenty years on, AfDB remains committed to Rwanda’s transformation
08-Apr-2014 - The African Development Bank is committed to Rwanda’s vision of transformation to a middle income economy as it commemorates the 20th anniversary of the genocide against the Tutsi in April 1994, said the President of the African Development Bank, Donald Kaberuka, while attending the commemoration ceremony held in Kigali, Rwanda, on April 7, 2014.NEPAD Commends AfDB for Capacity Building Project to Accelerate the Delivery of PIDA
08-Apr-2014 - Following the signing of the Capacity Building Project between the African Union Commission (AUC) and the African Development Bank (AfDB) during the meetings of the African Heads of State and Government held in Addis Ababa, Ethiopia, in January 2014, the AfDB formally launched the project in Centurion, South Africa, on April 7, 2014.AfDB signs a US $20-million trade finance Line of Credit with Shelter Afrique to support SMEs
08-Apr-2014 - The African Development Bank (AfDB), on Friday, April 4, 2014 in Nairobi, Kenya, signed a US $20-million trade finance Line of Credit with the Company for Habitat and Housing in Africa/Shelter Afrique to boost the availability of trade finance instruments to small and medium enterprises (SMEs) involved in real estate and construction-related activities in Africa.Bank Group approves accelerated repayment and voluntary prepayment of ADF loans
07-Apr-2014 - The African Development Bank Group has approved a policy document on the Accelerated Repayment and Voluntary Prepayment of ADF Loans. Under the policy approved by the African Development Fund (ADF) Board in Tunis on Wednesday, April 2, 2014, the Fund will introduce an accelerated-repayment clause in all new loan agreements starting in ADF-13, and establish a framework for the voluntary prepayment of ADF loans.
AfDB commemorates 20th anniversary of Rwandan genocide
07-Apr-2014 - On Monday, April 7, 2014, the African Development Bank held a memorial ceremony to honour the victims of the Rwandan genocide 20 years ago. The 20th anniversary, Kwibuka 20, serves as a solemn reminder to the international community to do everything it can to ensure such crimes never happen again. “Never again should this happen in human history,” said UN Secretary-General Ban Ki-moon. “We have learnt tragic and hard lessons from 1994.”AfDB approves US $52.5 million to support technical, vocational education and training and teacher education
07-Apr-2014 - The Board of Executive Directors of the African Development Bank (AfDB) approved on Wednesday, April 2, 2014 an African Development Fund (ADF) loan of US $52.5 million for the Government of Tanzania to finance a Technical, Vocational Education and Training (TVET) and Teacher Education Proj