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AfDB Workshop Seeks Reduced Remittance Transfer Fees to Facilitate Development
18-Jun-2013 - Worldwide, US $406 billion were transferred in 2012 by migrants to their country of origin, according to a World Bank report. This represents a 6.5% increase from 2011, and is three times higher than total official development assistance. This figure is expected to rise by 8% in 2013 and 10% in 2014. The total value of migrant money transfers is expected to reach US $500 billion by the end of 2015.
British PM praises AfDB, Kaberuka for Africa infrastructure work
17-Jun-2013 - British Prime Minister David Cameron has praised the African Development Bank (AfDB) and President Donald Kaberuka for pioneering initiatives to scale the continent’s infrastructure development.Lake Chad Basin Commission Seeks AfDB Support
17-Jun-2013 - The African Development Bank will host a donors’ roundtable in September to help raise funds for the Lake Chad Basin Commission’s five-year investment plan (2013-2017), officials from the two institutions said Tuesday, 11 June 2013, at a meeting at the AfDB headquarters in Tunis. The AfDB has taken on the role of roundtable host at the request of the Commission, which plans to raise 85 million euros for the five-year plan, its first.Kaberuka Urges Fair Tax Regimes for African Natural Resources
16-Jun-2013 - African Development Bank President Donald Kaberuka on 15 June 2013 attended a pre-G8 summit in London, where he called for fair and traAfDB President Applauds G8 for Emphasis on Greater Transparency in Taxation
16-Jun-2013 - African Development Bank (AfDB) President Donald Kaberuka on Monday applauded the G8 for its emphasis on the issues around resource mobilization through greater transparency in taxation of Africa’s natural resources.Ellen Johnson Sirleaf Hosts Fruitful Meeting of the High Level Panel on Fragile States
13-Jun-2013 - The African Development Bank’s new High Level Panel on Fragile States, chaired by Ellen Johnson Sirleaf, President of Liberia, met in Monrovia, Liberia, on Friday, June 14 to make decisions on the panel’s immediate priorities for critical analysis and consultations.Meeting Defines Modalities for Accelerating PIDA Implementation
12-Jun-2013 - The Bank, under the auspices of its a NEPAD, Regional Integration and Trade Department (ONRI), hosted a meeting in Tunis on 13 and 14 June 2013 to define measures to accelerate the implementation of the Programme for Infrastructure Development in Africa (PIDA).AfDB, Club de Madrid and P80 Group Foundation to mobilize pension and sovereign wealth funds to finance the green economy in Africa
12-Jun-2013 - At the recent African Development Bank Annual Meetings in Marrakech, a high-level side event took place exploring the theme Innovative Financing for a Green Economy, defining how African stakeholders can attract private sector finance, particularly from pension and sovereign wealth funds, to finance a low carbon and climate resilient economy in Africa.Africa making great strides toward many MDG targets yet serious challenges remain, new report says
11-Jun-2013 - Converting Africa’s impressive economic performance over the past decade into greater gains on the Millennium Development Goals (MDGs) remains a primary challenge for Africa, according to a new report.Africa Hub of Sustainable Energy for All Initiative Launched at AfDB Meetings
10-Jun-2013 - The Sustainable Energy For All (SE4All) Africa Hub was launched Friday, May 31, during the African Development Bank’s (AfDB) 2013 Annual Meetings in Marrakesh, Morocco.AfDB supports a greener pathway in Egypt
10-Jun-2013 - As part of its ongoing activities under the South-South Cooperation Trust Fund (funded by the Government of Brazil), the Energy, Environment and Climate Change Department of the African Development Bank hosted a high-level workshop in Cairo, Egypt, on June 11, 2013 to showcase the results and recommendations of an analytical study, “Clean Technology Transfer Mechanisms in Egypt Based on Best Practices from Southern Countries.”La BAD appuie les statistiques en République Centrafricaine
10-Jun-2013 - Le Groupe de la Banque africaine de développement (BAD) et la République centrafricaine (RCA) ont signé, le 31 mai 2013 à Marrakech, au Maroc, un accord de don relatif au projet d’appui aux statistiques et à la mise en œuvre du deuxième Document de stratégie de réduction de la pauvreté (DSRP), pour un total de 2,034 millions de dollars EU.AfDB signs a USD 100 million Risk Participation Agreement with Commerzbank AG to support Trade Finance in Africa
07-Jun-2013 - The African Development Bank (AfDB) formally signed on May 29th in Marrakech, Morocco, in the prelude of the 48th AfDB Annual Meetings, a USD 100 million unfunded Risk Participation Agreement (RPA) with Commerzbank AG under which the two banks will share the default risk on a portfolio of eligible trade transactions originated by African issuing banks in Africa and confirmed by Commerzbank AG.