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AfDB focuses on fragility, infrastructure development, women and youth at 22nd AU Summit

24-Jan-2014 - High-Level Panel on Fragile States to Launch Report on Ending Conflict and Building Peace in Africa

First African Guide Book on commodity Exchanges

24-Jan-2014 - he African Development Bank (AfDB) believes efficient and well-regulated derivative and commodity exchanges are components of critical importance for commodity and capital market development in Africa.

Gender equality at the heart of Africa’s transformation: a vision and a strategy

23-Jan-2014 - The quest to establish genuinely equal opportunity for men and women – in both their contribution to and their benefits from Africa’s economic transformation – took a further step forward on Wednesday, January 22, 2014, when the Board of the African Development Bank Group approved its new Gender Strategy for the period 2014-2018.

“Ending conflict and building peace in Africa: A call to action” – AfDB High Level Panel on Fragile States to launch final report at AU Summit in Addis Ababa

20-Jan-2014 - As the global community seeks to address the current crises in South Sudan and the Central African Republic, African Development Bank Group’s High Level Panel on Fragile States launches its final report, “Ending conflict and building peace in Africa: A call to action”.*

Don du FAPA : 491 150 $ pour identifier des projets de ports en PPP

16-Jan-2014 - Les bailleurs du Fonds d'assistance au secteur privé africain (FAPA) ont approuvé, le 19 décembre 2013, l’octroi d’un don d’assistance technique d’un montant de 491 150 dollars EU.

BAD-Bénin : 70 millions $ pour doper l’infrastructure agricole, la sécurité alimentaire et créer de la richesse

16-Jan-2014 - Le Groupe de la BAD va investir près de 70 millions de dollars EU, soit 34 milliards de francs CFA, dans le Projet d’appui aux infrastructures agricoles dans la Vallée de l’Ouémé (PAIA-VO), au Bénin, en vue d’améliorer la sécurité alimentaire dans le pays et de créer de la richesse.

President Donald Kaberuka is 2013 ‘African of the Year’

16-Jan-2014 - In November 2013, Donald Kaberuka, President of the African Development Bank Group, was named the recipient of the 2013 Daily Trust African of the Year award. A statement by the chairman of the award committee and former Secretary General of the Organisation of African Unity, Salim Ahmed Salim, revealed that Kaberuka was chosen for the award in recognition of his innovative idea which led to the establishment of the Africa50 Fund to speed up the financing of infrastructure in Africa.

Security, peace, stability and job creation: the continent’s priorities for 2014, says Kaberuka

10-Jan-2014 - African Development Bank Group President, Donald Kaberuka, on Thursday, January 9, 2014, in Tunis, held talkswith the diplomatic community accredited to Tunisia, to look forward to the prospects the new year might hold for the continent. The meeting came during the Bank’s annual luncheon with diplomats accredited to its host country and mobilized senior Bank management as well as local and international media.

Facilité africaine de l’eau - Développement d’un système de transfert d’eau potable entre le Togo et le Ghana

09-Jan-2014 - Ce sont plus de 4 millions de personnes, résidant au Togo et au Ghana, entre Sogakopé et Lomé, qui bénéficieront d’un accès amélioré à l’eau potable, à l’issue d’un projet proposé par les gouvernements respectifs des deux pays. Et pour lequel ceux-ci ont reçu, le 20 décembre 2013, confirmation d’un don de 1,4 million d’euros de la Facilité africaine de l’eau (FAE).

AfDB adopts Integrated Safeguards System

09-Jan-2014 - On December 17, 2013 the Boards of the African Development Bank unanimously adopted the Integrated Safeguards System (ISS) – a cornerstone of the Bank’s strategy to promote growth that is socially inclusive and environmentally sustainable.

SEFA grant provides key support for Morocco wind project

08-Jan-2014 - A US $960,000 Sustainable Energy Fund for Africa (SEFA) grant for the Jbel-Sendoug (Khalladi) Wind Project in Northern Morocco was approved at the end of December 2013 to support outstanding preparation activities to bring the project to bankability.

SEFA to support innovative energy efficiency project in Mauritius

08-Jan-2014 - The Sustainable Energy Fund for Africa (SEFA) has approved a US $1-million project preparation grant at the end of December 2013 to support Sotravic Ltd. in the development and installation of the Sea Water Air Conditioning (SWAC) System in Mauritius, an innovative low-carbon technology that lowers building cooling costs using cold ocean water.

AfDB approves a Results Measurement Framework to better achieve its development goals

08-Jan-2014 - The African Development Bank (AfDB) Board of Directors, on Wednesday, January 8 in Tunis, approved the Institution’s Results Measurement Framework (RMF) for the period 2013-2016. The RMF is a corporate management tool that will help the institution meet its development goals.

African Water Facility Supports the Development of Irrigated Agriculture to Increase Food Security and Economic Growth in Malawi

08-Jan-2014 - The African Water Facility (AWF) has offered a €1.8 million grant to the Government of Malawi to help prepare a project designed to expand irrigated agriculture in the Lower Shire Valley. The project will help overcome the adverse effect of prolonged dry spells and frequent flooding to improve and spread agricultural production.

China welcomes AfDB’s leadership in ensuring the sustainability of projects in Africa

31-Dec-2013 - A delegation from the African Development Bank (AfDB), led by Anthony Nyong, Division Manager, Compliance and Safeguard was in Beijing, China  from  17th to 19th December 2013 for a dialogue between China and Africa on Environmental and Social Sustainability. The dialogue provided a platform to discuss the opportunities and challenges in implementing environmental and social sustainability by Chinese firms operating in Africa to ensure that Chinese investments achieve desired developmental outcomes. 

AfDB Approves US$ 25 Million Pan-African Infrastructure Development Fund 2

25-Dec-2013 - The Board of Directors of the African Development Bank (AfDB) approved on Tuesday 17 December an equity participation of up to USD 25 million in the Pan African Infrastructure Development Fund 2 (PAIDF 2). PAIDF2 is a Private Equity Fund that will invest in projects across the power, transport, water and sanitation, Information and Communication Technologies (ICT) and healthcare infrastructure sectors throughout the continent.

AfDB supports Somalia in its economic and governance reforms with a grant of US$ 3.8 million

20-Dec-2013 - The African Development Bank (AfDB) Board of Directors on 18 December 2013 in Tunis approved the Addendum to the Somalia Country Brief 2013-2015, granting Somalia exceptional eligibility to access Fragile States Facility (FSF) Supplemental Support (Pillar 1) and 50 percent of its African Development Fund (ADF) -12 Performance-B

AfDB Approves USD 34.8 Million for Public Financial and Macroeconomic Management Project in Sudan

20-Dec-2013 - The AfDB Board of Directors, on 17 December 2013 in Tunis, approved US$ 34.8 million grant resources from its Fragile State Facility (FSF) to finance the Public Financial and Macroeconomic Management Capacity Project (PFMMCBP) in Sudan.

Burkina Faso admitted into forest carbon partnership facility

20-Dec-2013 - Burkina Faso, benefitting from the close support of the African Development Bank (AfDB) and the World Bank, has successfully become a member of the Forest Carbon Partnership Facility (FCPF). This now qualifies Burkina Faso as a REDD+* country and, with the award of a US $3.8-million grant, allows the country to put in place the necessary policies and systems needed to effectively operationalize the REDD+ mechanism.

AfDB Approves USD 58.2 Million to Support Governance and Economic Competitiveness Programme in Tanzania

20-Dec-2013 - The African Development Bank (AfDB) Board of Directors on 17 December 2013 in Tunis approved supplementary African Development Fund (ADF) loan and grant financing totaling US$ 58.2 million for The Governance and Economic Competitiveness Support Programme (GECSP)