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AfDB issues its first US dollar Global benchmark for 2014
12-Feb-2014 - On Wednesday, March 5, 2014 the African Development Bank (AfDB) successfully issued a new a USD 1 billion three-year global benchmark due on May 15, 2017. The benchmark was announced on March 4, 2014 for execution the following day. Overnight, the joint lead managers gathered more than USD 1.5 billion in expressions of interest, a clear demonstration of the high level of attention the transaction was drawing on the market.
New AfDB report underscores barriers to competitiveness of Tunisian economy
11-Feb-2014 - A new joint publication prepared by the Tunisian Institute of Competitiveness and Quantitative Studies (ITCEQ), the Centre for Research on Economic Development and International Finance (DEFI) and the African Development Bank (AfDB) analyzes the main barriers to improving the competitiveness of the Tunisian economy.
“Investing in women and girls is smart economics,” says Fraser-Moleketi, AfDB Special Envoy on Gender
07-Feb-2014 - The African Development Bank (AfDB) hosted Special Envoy on Gender, Geraldine Fraser-Moleketi in Centurion, South Africa, on 05 February 2014 to discuss the AfDB’s recently adopted “Gender Strategy 2014-2018: Investing in Gender Equality for Africa’s Transformation”.
Tourism in Africa is an untapped goldmine
06-Feb-2014 - The future of tourism in Africa holds great potential, but its expansion and development depends on better transport infrastructure – including airline connections, roads and railways – in addition to open borders, and improved marketing to niche sectors such as adventure and eco-travellers.
AfDB hails Tunisia’s adoption of a new Constitution
06-Feb-2014 - On Friday, February 7, Donald Kaberuka, President of the African Development Bank (AfDB) Group, will attend an official ceremony in Tunis to launch the new Tunisian Constitution.Swaziland’s new CSP focuses on Infrastructure, Inclusive Growth and Governance
06-Feb-2014 - Note: the CSP will be published as soon as it is finalised. The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, February 5 in Tunis approved Swaziland’s Country Strategy Paper (CSP) for 2014-2018, which focuses on promoting economic growth and improving living conditions of the people. The CSP is built around two pillars: (i) Supporting Infrastructure Development for Sustainable and Inclusive Growth and (ii) Strengthening Governance and Institutional Capacity.Kaberuka and UK Special Envoy discuss development challenges of the Sahel region
06-Feb-2014 - African Development Bank (AfDB) President, Donald Kaberuka, and United Kingdom Special Envoy to the Sahel, Stephen O’Brien, held talks on the Sahel region on Wednesday, February 5, 2014 in Tunis.AfDB and the People’s Bank of China commit to expand relations
05-Feb-2014 - Dingxin Gao, the Chief Representative of the People’s Bank of China (PBC) in Tunisia, held talks with African Development Bank Group President Donald Kaberuka on Wednesday, February 5 in Tunis and revealed that the two institutions have agreed to expand cooperation. “Our two institutions have established ambitious, but achievable goals to galvanize efforts to promote shared prosperity, a sustainable increase in the well-being of the poorer segments of African society,” said Gao.A former executive director and three senior staff members of AfDB appointed to high public office in their countries
05-Feb-2014 - A former executive director and three senior staff members of the African Development Bank (AfDB) have been appointed to high public office in their respective countries. The appointees are André Nzapayeke, Prime Minister of Central African Republic (CAR); Abdirahman Beileh, minister of Foreign Affairs and International Cooperation of Somalia; and two Tunisians – Hakim Ben Hammouda and Lassaad Lachaal -- appointed minister of Economy and Finance, and minister of Agriculture, respectively.AfDB supports Sierra Leone’s resource mobilization for green growth
04-Feb-2014 - As part of its ongoing support to the Government of Sierra Leone in its quest for green economic growth, the Energy, Environment and Climate Change Department of the African Development Bank (AfDB) has produced the brochure Sierra Leone: Investing in Environmentally Sound Economic Growth.AfDB supports Ghana local communities with $14.55 million to reduce deforestation
04-Feb-2014 - The African Development Bank (AfDB) Board, on 22 January 2014, approved financing of $14.55 million for Ghana to help the country reduce deforestation and forest degradation as well as protect carbon reservoirs for local communities in the Western and Brong Ahafo regions.Bassin du Niger : La Facilité africaine de l’eau soutient un programme d’infrastructure pour accroitre résilience au changement climatique et sécurité alimentaire
03-Feb-2014 - La Facilité africaine de l’eau (FAE) octroie un don de 960 000 euros au Secrétariat exécutif de l’Autorité du bassin du Niger (ABN), pour soutenir un programme de préparation de projets d’infrastructures à buts multiples.
AfDB to play a greater role in issues of conflict and fragility on the continent, report recommends
31-Jan-2014 - Ellen Johnson Sirleaf, President of Liberia, and Donald Kaberuka, President of the African Development Bank (AfDB) Group, officially launched on Thursday, January 30 in Addis Ababa, the final report of the AfDB High Level Panel on Fragile States during a closed session at the 22nd African Union Summit.African Heads of State Welcome AfDB’s Africa50 Initiative
30-Jan-2014 - Meeting at the NEPAD Heads of State and Government Orientation Committee (HSGOC) on the eve of the AU Summit, African Heads of State expressed their strong support and endorsement of the African Development Bank’s new Africa50 initiative.
President Donald Kaberuka affirms the AfDB’s confidence in Ivory Coast
30-Jan-2014 - African Development Bank (AfDB) Group President Donald Kaberuka spoke at the Opening Ceremony of the 4th “Invest in Côte d’Ivoire Forum” in Abidjan on January 29 in the presence of the Ivoirian Prime Minister, Daniel Kablan Duncan, and political and economic representatives from Côte d’Ivoire and abroad. The meeting, with the theme of “Private sector: A lever for successful regional integration,” brought together nearly 3,000 participants from 113 countries.AfDB and Kenya sign agreements for financing infrastructure projects
29-Jan-2014 - The African Development Bank (AfDB) and the government of Kenya on January 27th in Nairobi, Kenya signed loan and protocol grant agreements of US$97 million and US$120 million for the Thwake multi-purpose dam & Outer Ring road projects respectively. The Nairobi Outer Ring road project involves the improvement of the existing single carriageway road to a 2-lane dual carriageway. The construction will include service roads, grade separated intersections, pedestrians–foot-over bridges, walkways and cycle tracks over the entire length of the...The AfDB Kicks off Workshop on Energy Access Survey in Sudan
29-Jan-2014 - A workshop on Energy Access Survey in Sudan financed by the African Development Bank kicked off on 26 January 2014 at the National Energy Research Centre (NERC), in Khartoum. The workshop is part of a capacity building project that seeks to increase access to energy in Sudan, implemented by the NERC. The heads of statistics from all the states in the country participated in the training on how to conduct energy access survey at the four-day workshop, which is an important step towards meeting Sudan’s energy needs.