29-May-2009 - Rabat, May 28, 2009 – The African Development Bank (AfDB) Group President, Donald Kaberuka, is in Rabat, Morocco, on an official visit. On Thursday, May 28, 2009, he met with the AfDB Governor for Morocco and the Country’s Finance Minister, Salaheddine Mezouar.
28-May-2009 - Le complexe finance et les départements du secteur privé, des opérations et de la recherche du Groupe de la BAD ont accueilli, jeudi 28 mai 2009 à Tunis, les représentants l’agence de notation japonaise (JCR). La rencontre s’inscrit dans le cadre de l’exercice annuel relatif à la revue de la notation de la Banque, et vise à présenter à JCR la solidité financière de l’institution, en dépit de l’environnement actuel de crise.
22-May-2009 - Two of the MDG goals -- economic growth and poverty reduction – recall two critical situations: the financial crisis and the environmental situation.
20-May-2009 - The Third African Ministerial Conference on Financing for Development begins on May 21 and concludes on May 22, 2009 in Kigali, Rwanda. Funded by the AfDB, DFID and UNECA and hosted by the Government of Rwanda, the conference is a milestone. It brings together ministers of the environment and ministers of finance to identify additional investments and financial flows to help the continent meet the challenge of climate change mitigation and adaptation.
14-May-2009 - Dakar, May 14, 2009 - With promises of a liberal economy, new investment code, free export company status, operate as well as transfer incentives, Senegal in conjunction with the African Development Bank, on Thursday, May 14, in Dakar, hosted an investment forum to woo investors to the country.
During the forum held on the sideline of the AfDB’s 2009 Annual Meetings, the Senegalese government urged investors to partner with it in its quest to make Senegal the sub-regional hub in the transportation sector.
14-May-2009 - Dakar, May 14, 2009 - The Annual Meetings of the African Development Bank (AfDB) Group ended on Thursday, May 14, 2009, in Dakar, Senegal, after two days of intensive discussions on pressing economic and development issues and the approval of the 2008 Annual Report of the Bank Group, as well as its work programme for 2009.
Governors, usually finance, economy ministers, representing 77 member-countries of the Bank Group also examined and approved a number of programmes and proposals for the implementation by the management.
14-May-2009 - The Board of Governors of the African Development Bank Group approved the financial statement of the institution for 2008, during the 2009 Annual Meetings held on 13 and 14 May 2009 in Dakar, Senegal. According to the statement, the AfDB Group earned a net operational income of US$ 469 million, for the financial year ended 31 December 2008.
14-May-2009 - Two days of brainstorming on major economic issues facing Africa have ended, in Dakar, Senegal, where the Board of Governors of the African Development Bank (AfDB) Group approved the institution’s Annual Report for 2008 and 2009 work plan.
14-May-2009 - Dakar, 14 mai 2009 - Le secrétaire d’Etat norvégien aux Affaires étrangères, Haakon Gulbrandsen, a animé jeudi 14 mai, dans le cadre des 44èmes assemblées annuelles de la Banque africaine de développement (BAD) à Dakar, un débat autour du thème « les paradis fiscaux et les transactions financières illicites ». Un accent particulier a été mis sur les fonds qui quittent frauduleusement l’Afrique. Ils atteignent, selon le directeur de Global Financial Integrity, Raymond Baker, environ 30 milliards de dollars par an (rien que pour l’Afrique...
14-May-2009 - Dakar, May 14, 2009 - La vice-présidente de la Banque africaine de développement (BAD), Zeinab El-Bakri, a échangé jeudi 14 mai avec plusieurs représentants d’ONG africaines, dans le cadre des 44èmes assemblées annuelles de l’institution à Dakar. « La coopération entre la Banque et la société civile nous tient vraiment à cœur », a-t-elle déclaré. Avant d’expliquer aux ONG que la BAD est aujourd’hui dans une nouvelle dynamique. « Nous reconnaissons l’importance de la société civile », a-t-elle précisé, appelant à un dialogue permanent entre la...
14-May-2009 - Apart from operating as a regional development bank, the African Development Bank (AfDB) Group has put in place mechanisms that assist the institution to effectively execute its operations as well as provide an avenue for people affected by projects financed by the bank to seek redress. This message was delivered at a forum on Safeguarding development results, Wednesday in Dakar, to a keen 2009 AfDB Annual Meetings audience.
13-May-2009 - African finance officials, power project developers and representatives from global financial institutions agreed that in the current economic environment it was more important than ever for African countries to bring about reforms that make their power sectors more attractive to investment by the private sector.
13-May-2009 - Dakar, Senegal, 13 May 2009 – The 44th Annual Meeting of the Board of Governors of the African Development Bank (AfDB) and the 35th Board of Governors meeting of the African Development Fund (ADF) got underway on Wednesday, 13 May 2009 in Dakar, Senegal, with the impact of the global financial crisis on Africa dominating speeches at the opening ceremony.
13-May-2009 - Dakar, May 13, 2009 – The board of governors of the African Development Bank (AfDB) Group met on Wednesday, May 13, 2009, in Dakar within the framework of the 2009 Annual Meetings and decided that the 2010 AfDB Annual Meetings would be held in Abidjan, Côte d’Ivoire. According to the Ivorian Minister of State, Paul-Antoine Bohoun-Bouabré, who spoke to the media in Dakar, Senegal in a press conference, the 2010 Annual Meetings will take place from May 27-28, 2010, in Abidjan. Mr.
13-May-2009 - The African Development Bank (AfDB) Group’s Chief Economist, Louis Kasekende, has said that the Natural Resource Charter - a set of economic principles for governments and civil society organizations, detailing best approaches to managing opportunities created by natural resources for development - would help governments and societies rich in natural resources to manage such resources in a way that generates economic growth and promotes the people’s welfare.
13-May-2009 - The African Financing Partnership (AFP) says it is adopting the collaborative co-financing platform to facilitate cost-effective preparations of African projects for financing by the Development Finance Institutions (DFIs).
13-May-2009 - Dakar, May 13, 2009 - The Annual Meeting of the African Development Bank (AfDB) Group opened on Wednesday, May 13, 2009, in Dakar, Senegal.
13-May-2009 - Dakar, May 13, 2009 - The Africa Commission has proposed the establishment of a USD 3billion African Guarantee Fund (AGF) in partnership with the African Development Bank (AfDB), to boost the development of small and medium enterprises (SMEs). SMEs in Africa are providing jobs for people of the continent.
The proposal is part of the five initiatives by the Africa Commission which launched its Report, Wednesday at AfDB’s 2009 Annual Meetings in Dakar, Senegal.
13-May-2009 - The Africa Commission report was launched by the Danish Cooperation and Development Minister, Ulla Toernaes. The minister said the report was the outcome of a collective endeavor and commitment that started last year with a view to seeking solutions that could help Africa’s development efforts.
13-May-2009 - Dakar, May 12, 2009 - The Bank Group held a meeting with Fitch Rating Agency representatives to assess Bank Group in terms Capital Adequacy, Portfolio quality, liquidity position and ability to respond to the crisis.
Finance and Risk Management Director, Kodeidja Diallo; Financial Controller, Charles Boamah; Treasury Department Director, Pierre Van Peteghem and Private Sector Director, Timothy Turner, lead the discussions with Fitch representative, Eric Paget Blanc.
