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AfDB Board approves Country Strategy Papers for Tunisia and Namibia
07-Mar-2014 - The Board of Directors of the African Development Bank on Wednesday, March 5, 2014 in Tunis approved the Bank’s Country Strategy Papers (CSPs) for Tunisia and Namibia that would guide its operations in the countries concerned in the coming years.0.875% US$ 1.0 Billion Benchmark due 15 May 2017
07-Mar-2014 - Issuer: African Development Bank (AfDB) Rating: Aaa (Moody’s) / AAA (S&P) / AAA (Fitch) Issue amount: USD 1.0 billion Pricing Date: 05 March 2014 Settlement Date: 12 March 2014 (T+5) Coupon: 0.875% (semi-annual) Maturity:15 May 2017 Reoffer Price: 99.866% Reoffer Yield: 0.918% (semi-annual) Re-offer vs. Mid-Swaps: + 1.0 bp Re-offer vs Benchmark: 0.625% February 2017 +22.85 bp
“Gender is not an annex to our work”, says AfDB President Donald Kaberuka at International Women’s Day
07-Mar-2014 - ‘Equality for women is progress for all’ is the theme of International Women’s Day 2014, which the African Development Bank (AfDB) celebrated in anticipation on 7 March 2014 in Tunis.AfDB Prioritizes Job Creation and Infrastructure Development in Kenya Country Strategy Paper
06-Mar-2014 - The Board of the Africa Development Bank Group (AfDB) on Wednesday, March 5, 2014 approved the Country Strategy Paper (CSP) for Kenya, which articulates the Bank’s priority areas of support to Kenya from 2014-2018.
AfDB Gender agenda: leaving no one behind
06-Mar-2014 - Addressing African Development Bank (AfDB) staff members at a Town Hall meeting on February 11, 2014 in Tunis, the AfDB Special Envoy on Gender, Geraldine Fraser-Moleketi, quoted the Minister of Economic Infrastructure of Côte d’Ivoire, Patrick Achi, as saying: “It is for us first that gender equality is a crucial issue.
AfDB launches country-focused Development Effectiveness Review in Dakar
05-Mar-2014 - Results show Senegal at the forefront for public-private partnerships in infrastructure
‘Rights and revenue’ – unveiling Africa’s hidden treasure by Geraldine J Fraser-Moleketi
04-Mar-2014 - Global notions of ‘North’ and ‘South’ may mercifully be the polarities of the past, but consider this contrast: how is it that enough men in ‘the North’ worry out loud that they are somehow ‘finished’, while here in the South it is painfully clear to almost all of us that women have barely started?“Indigenous banks have the unique opportunity to tap SME markets,” TunisInvest CEO, Zied Oueslati
28-Feb-2014 - Africa’s private sector has struggled to access financing its needs for sustained growth. In part, the combination of risk management and long term savings, as well as capital flights, contributes to the obstacle.
Kaberuka in Central Africa: The AfDB will support Gabon’s social and economic development
28-Feb-2014 - Upon his arrival in Libreville on Wednesday, February 26 for a two-day working visit, African Development Bank Group (AfDB) President Donald Kaberuka was received by the President of the Republic of Gabon, Ali Bongo Ondimba, before going on to meet Gabonese businessmen.
AfDB President on visit to Congo: “The AfDB believes strongly in regional projects”
27-Feb-2014 - It was in Congo that Donald Kaberuka, President of the African Development Bank (AfDB) Group, began his official visit to Central Africa, on February 24, 2014. Scheduled for four days, the visit concludes in Libreville, Gabon, on February 27.AfDB Approves US $30 Million Loan for Rehabilitation of Oku Iboku Paper Mill in Nigeria
27-Feb-2014 - Plans to resuscitate Oku Iboku Pulp and Paper Mill in Akwa Ibom and Cross River States in Southeastern Nigeria were concretized on Wednesday, February 26, 2014 in Tunis, where Executive Directors of the African Development Bank approved a US $30-million loan to finance the rehabilitation project. The Oku Iboku Pulp and Paper Project (OKIPP) entails rehabilitation and upgrade of an integrated pulp and paper mill which makes newsprint and related papers in the two Nigerian states.
AfDB officially unveils its Africa Information Highway platform in South Africa
26-Feb-2014 - Africa’s first “one-stop” data centre, the Africa Information Highway, was officially launched on Monday, February 24 in Pretoria, South Africa, by the African Development Bank.AfDB facilitates private sector finance for climate-readiness in Niger, Mozambique and Zambia
26-Feb-2014 - Over US $30 million in concessional funds has been made available for innovative private sector projects that seek to improve climate change adaptation or readiness in Niger, Mozambique and Zambia. This financing is part of the Pilot Program for Climate Resilience (PPCR), a financing window of the Climate Investment Funds (CIF).Ghana electricity distribution network to be reinforced and extended with AfDB support
26-Feb-2014 - In response to the significant increase in the demand for electricity in Ghana as a result of the fast growing urbanization and robust economic growth in the country, the Board of Directors of the African Development Bank (AfDB) Group approved on Wednesday, February 26 in Tunis a US $30.47 million grant and a US $43.9 million loan to the Republic of Ghana to reinforce and extend the country’s electricity distribu“In 50 years’ time, I want to see a developed Africa with justice and freedom,” says AfDB Executive Director Shehu Yahaya
24-Feb-2014 - In this interview, African Development Bank (AfDB) Executive Director Shehu Yahaya used the opportunity of the Board of Directors retreat in Tunis (20-21 february 2014), to dwell on the private sector as a strategic tool for Africa’s development.
Donald Kaberuka in Central Africa to further AfDB cooperation with the Congo and Gabon
24-Feb-2014 - African Development Bank (AfDB) President Donald Kaberuka is paying an official visit to Brazzaville in the Republic of the Congo and Libreville in Gabon from February 24 to 27, 2014 to reiterate the Bank’s commitment to continue and further cooperation with both countries.The AfDB launches new guidelines for Statistical Business Registers in Africa
24-Feb-2014 - The Statistical Capacity Building Program of the African Development Bank responds to the needs of AfDB’s regional member countries (RMCs) as well as the Bank’s commitments in support of aid effectiveness, such as the Paris Declaration, the Marrakech Action Plan for Statistics (MAPS) and the Busan Plan of Action of the High-Level Forum in 2011.Souk At-Tanmia, 61 entrepreneurs d’avenir, 5 lauréats et un bilan prometteur
24-Feb-2014 - Jeudi 20 février 2014 au Palais des Congrès de Tunis, le Partenariat “Souk At-Tanmia” a organisé une cérémonie qui a réuni de nombreux participants, mêlant partenaires, bénéficiaires, collaborateurs et acteurs de l’écosystème de l’entreprenariat en Tunisie.Dangote to African governments: level the playing field
21-Feb-2014 - Aliko Dangote, President and CEO of the Nigerian Dangote Group, says investments in infrastructure, education, health and agriculture are critical to solving Africa’s development challenges. He also emphasized that African governments need to set the right policies.