10-May-2009 - Ahead of the Annual Meetings scheduled to take place from May 13-14, 2009, the African Development Bank (AfDB) Group has organized a conference on the theme: “African Capital Markets / Making Finance Work for Africa.” The objective is to liberalize the potential of the financial sector for Africa’s development.
10-May-2009 - Dakar, 10 May 2009 – “In the second half of the 20th Century, the African continent, more than any other part of the world has suffered enormously from violent conflict within and between States”, says the African Development Report 2008-2009 released on Sunday, 10 May 2009 in Dakar Senegal.
10-May-2009 - African Development Bank (AfDB) Group President, Donald Kaberuka, arrived in Dakar, Senegal, on Saturday, May 9, 2009, where he is expected to attend the AfDB 2009 Annual Meetings. He told the media that he was congratulating the people and government of Senegal for “the invitation and quality of reception” they had offered to participants of the 2009 Annual Meetings.
10-May-2009 - The number of armed conflicts on the continent has reduced vis-à-vis the number of conflicts in the last decade. That is one of the conclusions authors of the African Development Report that was released on May 10, 2009, in Dakar, Senegal, reached.
The theme of the publication born out of a partnership among various Bank Group departments is: “Conflict Resolution, Peace and Reconstruction in Africa.”
07-May-2009 - African Development Bank (AfDB) Group President, Donald Kaberuka, has commended Belgian development cooperation in Africa. Speaking in Brussels on May 6, 2009, during the “Assises de la Coopération belge au développement”, Mr. Kaberuka said in large parts of Africa, Belgian cooperation had distinguished itself, especially in the domains of agriculture, health and governance. He however called for a rethink of the methods that are being used to deliver support to the continent in order to protect achievements of the past.
07-May-2009 - The African Development Bank (AfDB) Group President, Donald Kaberuka, has called for greater efforts to enable small and medium scale enterprises gain better access to financing. Mr. Kaberuka made the appeal on May 6, 2009, in Copenhagen, Denmark, during an Africa Commission meeting.
05-May-2009 - On April 30, African Development Bank Vice President Zeinab El-Bakri announced “Our Annual meetings … this year are officially carbon neutral.” The Dakar meeting has been certified carbon neutral by Atmosfair. This NGO is a pioneer in the process of carbon offsets and uses the rigorous CDM Gold Standards, a best practice methodology and high quality carbon credit label for both Kyoto and voluntary markets
30-Apr-2009 - The AfDB is keeping an eye on swine flu as it sweeps across the globe. In a memo issued by the AfDB Human Resources Director, Daniel Tytiun, to Bank staff, the Bank expressed its concerns about the flu and advised staff on what precautions to they should take.
29-Apr-2009 - Tunis, le 29 April 2009 – The African Development Bank (AfDB) Group has officially made this year’s Annual Meetings Carbon friendly, following the acquisition of carbon credits worth € 85,400 to offset CO2 emissions due to the meetings scheduled to take place from 13-14 May in Dakar, Senegal.
28-Apr-2009 - The Compliance Review and Mediation Unit (CRMU) of the African Development Bank in collaboration with GROOTS, a local NGO, co-organized two community pilot sensitization sessions on the Independent Review Mechanism (IRM) of the Bank in Kenya on April 15 – 16, 2009. The sessions took place respectively in the Ruiru and Juja areas which are crossed by the Thikka Road being financed by the Bank. The 49 participants in these sessions were a mix of house and small business owners and community leaders.
27-Apr-2009 - Le président Donald Kaberuka, le Secrétaire d’Etat français à la Coopération et à la Francophonie, Alain Joyandet ont signé, mercredi 15 avril 2009 à Paris, une déclaration commune pour la création d’un Fonds d’investissement pour l’agriculture en Afrique (FIAA). Ce fonds réunira outre la Banque africaine de développement (BAD), le Fonds international pour le développement de l’agriculture (FIDA) et la Fondation de Kofi Annan "alliance pour une révolution verte en Afrique" (AGRA).
27-Apr-2009 - Washington, April 23, 2009 – The President of the African Development Bank (AfDB), Donald Kaberuka, has warned that the current global economic crisis cannot be tackled effectively if adequate funds are not extended to Africa to cushion the effects of the shocks.
Speaking at a news conference at the Spring Meetings of the World Bank/IMF on Thursday, April 23, 2009, in Washington, President Kaberuka said that the world could not afford to ignore a continent representing 20% of the world’s population in the global efforts to tackle the economic...
27-Apr-2009 - Washington, April 27, 2009 – “It will certainly take African countries a longer time to emerge from the crisis than other countries,” the African Development Bank (AfDB) President, Donald Kaberuka, said to the development committee of the World Bank and the IMF during the spring meetings of the two Bretton Woods institutions.
23-Apr-2009 - Une revue du portefeuille du Sénégal s’est achevée par la signature d’un Aide mémoire entre M. Franck Perrault, Directeur à la BAD et M. Abdoulaye Diop, Ministre d’Etat, Ministre de l’Economie et des Finances du Sénégal. La revue de portefeuille a été organisée pendant la période du 6 au 23 avril 2009.
23-Apr-2009 - Le bureau de la BAD au Burkina Faso a reçu, le 22 avril 2009, une mission du Ministère des Finances du Japon, composée de cinq membres et conduite par Monsieur Yasuaki YONEYAMA, ex. Administrateur du Japon à la Banque. Les échanges ont porté sur l’état d’avancement du Projet d’appui au processus de mise en œuvre du Cadre stratégique de réduction de la pauvreté (CSLP), d’un montant de 750 0000 £, financé par le fonds fiduciaire du Japon.
22-Apr-2009 - The African Development Bank (AfDB) Group has released a concept note on a report to be published on the continent’s ports, logistics and trade. The report, one of the institution’s flagship publications, will focus on themes that address critical development challenges facing the continent.
21-Apr-2009 - The current financial and economic crisis has deepened Africa’s development challenges. It has slowed the drivers of economic growth, including prices and demand for primary commodities, capital flows, foreign direct investment and regional integration, especially in low-income countries and fragile states.
21-Apr-2009 - In line with the Bank’s corporate social responsibility, the institution’s Corporate Services Vice Presidency (CSVP) staff, led by the complex’s Vice President, Arunma Oteh, on Thursday, April 9, 2009, visited the Tunisian SOS Children's Village in Gammarth, an international non-governmental social development organization that provides family-based, long-term care to children without parental care and children from families living in difficult circumstances who can no longer grow up with their biological parents. The Gammarth SOS Village...
20-Apr-2009 - While the implementation of AfDB’s initial crisis response action plan is now in full swing, the different IFIs/DFIs recognize the limitations of individual institutions in addressing a problem, which is far beyond the means of one. It is in this context that, together the International Finance Corporation (IFC) and the African Development Bank (AfDB), supported by Afreximbank and the African Trade Insurance organization (ATI) have organized the Trade Finance Roundtable on 14 April. More than 20 leading commercial banks from across the...
14-Apr-2009 - The African Development Bank (AfDB) Group on Tuesday, April 14, 2009, unveiled its trade finance initiative. In a conference jointly hosted by the AfDB and the International Finance Corporation (IFC), the AfDB brought together like-minded partners to help them gain a better understanding of the effects of the global financial crisis on the continent’s private sector and to come up with a common approach to address the adverse consequences on the continent.
