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Putting Theory into Practice: Africa-Asia Knowledge Sharing Session on Health Insurance in Beijing

13-Nov-2012 - More than 50 policy-makers, implementers, students, experts and civil society representatives from Asia and Africa met on October 31 in Beijing, China, to share and discuss ideas and knowledge on the practical implications of effecting national health insurance schemes and policies.

What is the AfDB’s Story?

13-Nov-2012 - In the Fall 2012 Edition of eVALUation Matters, the US Executive Director for the AfDB discusses the AfDB’s story, Africa’s great promise and hope, and more

Funding Meeting Supports Large Scale Peri-urban Sanitation Project in Ouagadougou, Burkina Faso

13-Nov-2012 - Representatives of various local, regional and international development agencies and from different levels of Government met in Ouagadougou to discuss the funding of a sanitation project in the peri-urban areas of Ouagadougou, estimated at €138 million (FCFA 90.5 billion). This project should be completed by 2017 and is expected to improve the lives of an estimated one million people living in the most vulnerable areas of the city.

AfDB Organizes the Second All-Africa Energy Week

12-Nov-2012 - The African Development Bank (AfDB), the African Union Commission (AUC), and the Economic Commission for Africa (ECA) have co-organized the second “All Africa Energy Week (AAWE)” event to be held in Addis Ababa, Ethiopia, from November 12-16, 2012.  

Youth Employment in Africa: Migration, Remittances and the Informal Sector Highlighted

12-Nov-2012 - African countries ought to reject the Economic Partnership Agreements that the European Union is currently trying to force on them and instead get it to sign migration agreements that have the effect of benefiting both parties equally, Shantayanan Devarajan, the World Bank’s Chief Economist for Africa, told the African Economic Conference in Kigali, Rwanda, on November 1.

AfDB-Funded Thika Superhighway: A Masterpiece for East Africa “A National Pride” - President Mwai Kibaki

11-Nov-2012 - The 50-km Nairobi–Thika superhighway, described by Kenya’s President Mwai Kibaki as a source of “national pride” during its launch on November 9, covers an area that lies within the Nairobi Metropolitan and Central Province, including large sections of the City and Thika district.

President Kaberuka Meets with Uganda’s Head of State, Yoweri Museveni

10-Nov-2012 - African Development Bank Group President Donald Kaberuka met with Uganda’s Head of State, Yoweri Museveni, on Tuesday, November 6 in Kampala. During the meeting, they discussed issues related to Africa’s development prospects, regional integration and cooperation between the AfDB and Uganda, with a particular focus on the Bank’s contribution to infrastructure in the country.

The Winners: Beneficiaries of the Thika Superhighway

09-Nov-2012 - “I can now close my business late and reach home in good time to help my kids with their homework.” – Norah, pharmacy owner People living along the Nairobi–Thika Highway are breathing a sigh of relief following the completion of the new highway’s construction. Businesses are thriving and road-users are reaping the benefits of the ultra-modern superhighway.

Bank to Play Key Role in Africa PPP Conference

09-Nov-2012 - The African Development Bank will once again participate and support, as it has every year since its inception, the 4th Annual Africa Public Private Partnership Conference (APPP) which takes place from November 14-16 in Abuja, Nigeria.

Launch of Flagship Road Project in Kenya: “A Dream Realized”

09-Nov-2012 - The Presidents of Kenya, Mwai Kibaki, and the African Development Bank, Donald Kaberuka, have launched today “the most ambitious infrastructure project in Kenya’s history”: the Nairobi–Thika superhighway. This eight-lane ultra-modern superhighway stretching from the city of Nairobi all the way to the outskirts of Thika town some 50 kilometres away will deeply change the lives of millions of people. “The Nairobi–Thika superhighway is source of a national pride,” said Kenyan President, Mwai Kibaki.

Could Oil Shine like Diamonds: How Botswana Avoided the Resource Curse and its Implications for a New Libya

09-Nov-2012 - At the heart of the socio-economic grievances that led to Libya’s revolution was the rentier economy of the regime. Though oil resources had permitted Libya to accumulate wealth, the country suffered from a number of macroeconomic concerns. By 1973, Libya had a dualistic undiversified economy dominated by the state, afflicted by pervasive rent-seeking and regulatory deficiencies. The effects of the rentier characteristics of Libya’s economy permeated both the economic and political structures of the country.

Bank Assists in Launch of Turbi–Moyale Road Upgrading Project

09-Nov-2012 - The construction of the Turbi–Moyale road upgrading project, which is part of the third and last phase of the Mombasa–Nairobi–Addis Ababa Road Corridor Development project, was launched in Moyale, a town that straddles the borders of Kenya and Ethiopia, by Kenyan President Mwai Kibaki on Wednesday, November 7.

Bank Partners with African Media Leaders Forum for Development of the Continent

08-Nov-2012 - La Banque africaine de développement (BAD) est présente à Dakar, du 08 au 09 Novembre 2012, à l’occasion de la 5ème édition du Forum des Leaders des Médias d’Afrique (AMLF). Quelque 400 participants d’Afrique et d’ailleurs, qu’il s’agisse de propriétaires et opérateurs d’organes de presse, d’investisseurs, de décideurs, de bailleurs de fonds et de leaders en matière de technologie qui vont débattre du thème, « Afrique 3.0 : renforcer les médias et la gouvernance à travers la participation citoyenne et l’innovation ».

2nd Call for Proposals for the AfDB Microfinance Capacity Building Fund

07-Nov-2012 - The African Development Bank Group (AfDB) is pleased to announce the 2nd call for proposals of the Microfinance Capacity Building Fund (“MCBF”). Award amounts will range from US $200,000 to US $500,000 per project, depending on the activity, and will be given to approximately 6-8 awardees.   We invite rating and auditing agencies, financial institutions, and network associations from West and Central Africa to apply.

AfDB Group Approves Debt Relief for Guinea

07-Nov-2012 - The Executive Directors of the African Bank Group approved debt relief for Guinea under the Heavily Indebted Poor Countries (HIPCs) Initiative and the Multilateral Debt Relief Initiative (MDRI). The provision of debt relief assistance by the Bank Group is aimed at reducing the country’s external debt burden to sustainable levels and enhancing its capacity to direct more resources to development programs.

Comparative Study on Export Policies: Egypt, Morocco, Tunisia and South Korea

07-Nov-2012 - A robust structural transformation is critical to shape a country’s ability to generate a faster and more inclusive growth that is required to tackle social challenges, such as unemployment and poverty.

AfDB Board Approves Debt Relief for Guinea, Loan for Marrakech Water Project

07-Nov-2012 - Guinea will benefit from assistance estimated at US $639.2 million in end-December 1999 net present value terms, aimed at reducing the country’s external debt burden to sustainable levels following the country’s attainment of the completion point under the Highly Indebted Poor Countries (HIPCs) Initiative. By reaching the completion point, Guinea also benefits from additional debt cancellation under the Multilateral Debt Relief Initiative (MDRI).

AfDB President Kaberuka Launches 2012 AfDB Evaluation Week

06-Nov-2012 - The Crucial Role of Independent Evaluation On Monday, 3 December, 2012, the AfDB Evaluation Week was launched by Donald Kaberuka, AfDB President; His Excellency Tertius Zongo, Former Prime Minster of Burkina Faso; Executive Director, Samy Zaghloul, Chair of the Bank’s Committee on Development Effectiveness (CODE); and Rakesh Nangia, the Director of the Operations Evaluation Department.

President Kaberuka Calls for Inclusive Growth

06-Nov-2012 - Africa needs to pay special attention to inclusive growth by creating youth employment, improving agricultural output and investing in quality education and infrastructure. In a well-attended public lecture delivered in Kampala, Uganda, the President said the continent’s demographics pointed to an explosion in the numbers of young people, though employment creation was not keeping pace. He lamented the fact that youth unemployment, at 20 percent last year, remains way above the global average of 10 percent.

Climate Investment Funds Partnership Forum

06-Nov-2012 - The 2012 Climate Investment Funds (CIF) Partnership Forum will take place in Istanbul, Turkey on November 6-7, 2012. The Forum, a global gathering of CIF’s diverse stakeholders, will offer plenary and parallel sessions to explore ways to maximize CIF’s effectiveness. At the Forum, the AfDB will lead a session on “Enabling Environment as an Engine for Private Sector Contribution to Sustainable Development” on November 6 from 2:00-4:00 pm.