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Global value chains offer African countries potential for structural transformation
19-May-2014 - Global value chains hold the promise of boosting employment and structural transformation in Africa the 2014 African Economic Outlook (AEO) shows. In particular, global value chains can allow Africa to set up the type of new and more productive activities that are behind structural transformation.AEO 2014 - African countries need to tap global markets more effectively to strengthen their economies
19-May-2014 - Empowering people through investments in skills and technology needed to boost development By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings.Africa needs better data to track progress as growth rises: Lufumpa
19-May-2014 - Kicking off the first day of the Annual Meetings was “Tracking Africa’s Progress” on the challenges of establishing targets and making policies with insufficient or poor data. Over the years, many African countries have significantly scaled up their data collection efforts, but challenges remain with regard to the timely dissemination of the data to users.“Humanitarian aid must be viewed as a catalyst for development”: senior USAID official
19-May-2014 - This year’s African Development Bank (AfDB) Annual Meetings included a panel entitled "Building Resilience in the Horn and the Sahel", which was held on Monday, May 19, 2014 in Kigali. The panellists for this particular session all agreed on the importance of the efficient and rational use of financial resources in times of humanitarian crisis.Leadership, development financing spur optimism for Africa’s future: Ncube
19-May-2014 - As Africa transforms under the leadership of the African Development Bank Group, its Chief Economist and Vice-President, Mthuli Ncube, looks at what could make a difference: visionary leadership and pragmatic approaches to policy-making.AfDB Board approves new Africa Climate Change Fund
18-May-2014 - The Board of Directors of the African Development Bank (AfDB) approved on April 16 in Tunis, the creation of the Africa Climate Change Fund (ACCF), a bilateral thematic trust fund to support African countries in their transition to climate-resilient and low-carbon development.AfDB moves to make eligible low-income countries access resources from its non-concessionary sovereign window
16-May-2014 - Eligible low-income African countries can now secure non-concessionary resources from the African Development Bank (AfDB)’s sovereign window, following a policy proposal approved by the Board of Directors on May 13 2014 in Tunis.AfDB moves to re-engage with Libya
16-May-2014 - The African Development Bank Group (AFDB) is moving to re-engage with Libya after its Country Re-Engagement Note 2014-2016 was approved by the Bank Group’s Board on Thursday, 15 May in Tunis.
AfDB Special Envoy on Gender underlines the critical role of state building in Central African Republic
16-May-2014 - On a visit to the Central African Republic (CAR) on 10 May 2014, the Special Envoy on Gender of the African Development Bank (AfDB), Geraldine Fraser-Moleketi, said that “international assistance must be forthcoming in order to support Central African Republic rid itself from impunity and rebuild critical social infrastructure”.
AfDB and Muhammad Yunus deepen cooperation on social business in Africa
16-May-2014 - "In one year we have come a long way and Tunisia is taking concrete steps in the adoption of social business. It will soon be a model for African countries and I am very happy,” said Professor Muhammad Yunus, 2006 Nobel Peace Laureate, pioneer of microcredit and co-founder of the Yunus Social Business (YSB) during his visit to Tunisia on 9 and 10 May 2014.AfDB Approves Governance Strategic Framework and Action Plan
16-May-2014 - The African Development Bank Group (AfDB) has approved a governance strategy framework and action plan to guide its operations in the regional members countries over the next five years.AfDB grants major US $1 billion loan for Angola energy sector
13-May-2014 - In support of the Government of Angola’s efforts to reform the power sector, the Board of Directors of the African Development Bank (AfDB) approved on Tuesday, May 13 in Tunis a US $1 billion loan for the Angola Power Sector Reform Support Program.A refreshingly accessible AfDB book tracks Africa’s progress through figures
12-May-2014 - Here’s an interesting fact: Africa has 52 cities with populations of one million or higher – the same number as for Europe. Here’s another one: Since 2005, 20 countries in Africa are among the top 50 most-improved world economies in business regulatory efficiency.AfDB at 50: Paving the way to Africa’s economic and social transformation
12-May-2014 - The African Development Bank (AfDB) launched its golden jubilee celebrations on April 22 in Tunis in a colourful ceremony mingled with sober reflections on the Bank’s development journey and how to tackle Africa’s future challenges. AfDB President Donald Kaberuka paid tribute to the Bank’s founding fathers and to the pioneers who worked so hard to kick-start the institution. He also reiterated the need for the Bank to continue to be dynamic and innovative in trying to tackle Africa’s development challenges.AfDB Annual Meetings 2014: Governors to Explore Bank’s role in Africa’s Transformation Agenda
12-May-2014 - The role of the Africa Development Bank Group (AfDB) in the construction of a new Africa will be the focus of the “Governors Dialogue” and a core issue on the agenda of the 2014 Annual Meetings of the Bank Group which kicks off on Monday, May 19 in Kigali, Rwanda.Tunisia: what policies to counter the inequalities in access to healthcare ?
12-May-2014 - The African Development Bank (AfDB)’s latest report analyses the inequalities in access to health care across Tunisia. The findings are clear: despite the progress that were made, significant disparities remain in the use and consumption of healthcare products. The report also highlights major differences in levels of well-being between regions:
Luxembourg’s move to join AfDB demonstrates attractiveness of our institution, says President Donald Kaberuka
11-May-2014 - Luxembourg will become the 26th non regional member country of the African Development Bank (AfDB) Group. African Development Bank President Donald Kaberuka and Luxembourg Minister of Finance Pierre Gramegna participated in the official signing ceremony on May 10, 2014 in Luxembourg. Through its membership in the AfDB, Luxembourg further confirms the importance it gives to global issues, as well as its commitment to contributing to Africa’s development.