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The Drought Resilience and Sustainable Livelihoods Program
25-Jan-2013 - The priority areas emanating from the study and selected by the Bank for intervention include: (i) Water Resources Infrastructure, (ii) Livestock Infrastructure, (iii) Markets and Marketing of livestock and livestock products, (iv) Capacity Building and (vi) Conflict Resolution and Peace Building.Private Sector Needed to Close the Energy Gap in Africa
25-Jan-2013 - “Africa needs strong independent energy regulators to attract private investment in its energy sector,” said African Development Bank President Donald Kaberuka on Wednesday, January 23, Day 2 of the World Economic Forum in Davos, Switzerland. In his meeting with the Prime Minister of Ethiopia, Hailemariam Desalgen, and Tony Blair, the former Prime Minister of the United Kingdom, Kaberuka discussed how best to galvanize private sector investment to close the energy gap in Africa.
AfDB President Kaberuka Calls on World Leaders to Find Ways to Boost Global Economic Growth
24-Jan-2013 - The President of the African Development Bank Group, Donald Kaberuka, on Tuesday, January 22, called on world leaders to come together to debate ways to boost global economic growth. Speaking on the eve of the World Economic Forum in Davos, Switzerland, Kaberuka said: “Now more than ever, there is a critical need for leaders from all corners of the world to come together and brainstorm on solutions that will give global economic growth a big push. This time round, the challenge for all of us, is how to ensure that this growth becomes inclusive...AfDB Showcases Africa’s Opportunities and Challenges at Oslo Conference on Child and Women’s Health
23-Jan-2013 - On January 22, 2013, Government leaders, health experts and representatives from the private sector met at a high-level seminar in Oslo, Norway. The conference set out to examine key aspects of the global health agenda in the context of the Millennium Development Goals and launch a yearly progress report on Norway’s Global MDG Campaign - Accelerating Progress in Saving the Lives of Women and Children. The event, hosted by Norway, concluded with a discussion between Norwegian Prime Minister Jens Stoltenberg and philanthropist Bill Gates.AfDB Prices $1 Billion Fixed Rate US Dollar Global Benchmark Due March 2018
21-Jan-2013 - On Wednesday, January 16, 2013, the African Development Bank (AfDB), rated Aaa/AAA/AAA, priced a $1 billion fixed rate US Dollar Global benchmark due March 15, 2018. The transaction pays a coupon of 0.875 per cent and a spread of five basis points over Mid-Swaps, equivalent to 20.45 basis points over the UST 0.75 per cent due December 31, 2017. Joint Lead Managers on the transaction are BNP Paribas, Deutsche Bank, J.P. Morgan and Nomura.
AfDB Hosts World Bank Delegation to Discuss Joint Strategy
21-Jan-2013 - The African Development Bank is hosting in Tunis a delegation from the World Bank Group in a series of meetings from Monday, January 21 to Wednesday, January 23, 2013 to discuss the joint strategy planning between the two Multilateral Development Banks (MDBs). The goal of the meeting is to discuss challenges and opportunities facing Africa, including rapid economic growth, new natural resource discoveries and urbanization, as well as infrastructure deficits, climate change, food security and fragile states.2012 AfDB Evaluation Week a Runaway Success
18-Jan-2013 - Evaluation is serious business at the African Development Bank. This is what one can conclude from the recent AfDB 2012 Evaluation Week (December 3 - 6, 2012). The Week saw strong participation from all over the Bank, starting with the President of the institution, Donald Kaberuka, who launched the event and also participated in a Davos style debate on evaluation and development challenges and opportunities.Kenyan University Celebrates Graduation of a New Pool of Science and Technology Students
18-Jan-2013 - On December 7, 2012, in a speech to the graduating class of Masinde Muliro University of Science and Technology, Kenyan President Mwai Kibaki thanked the African Development Bank (AfDB) for its continued support to the development of Kenya’s Education Sector. Kenya’s growing economy is hampered by a large shortage of skilled workers such as engineers and scientists. Forty per cent of Kenya’s working population is either unemployed or underemployed.Senior Management Committee Members Tackles “AfDB People Strategy” in Tunis
18-Jan-2013 - The African Development Bank’s Senior Management Committee members (SMCC) on Friday, January 18 in Tunis, participated in a high-level “People Strategy” workshop, to define the desired future leadership culture and style of the institution.
Ambassador of India to Tunisia Calls on AfDB
18-Jan-2013 - The Ambassador of the Republic of India to Tunisia, Nagma Mallick, on January 16, 2013 called on the African Development Bank Group and held a meeting with President Donald Kaberuka in Tunis. The meeting revolved around cooperation between the South Asian country and the Bank. Ambassador Mallick expressed satisfaction following her talk with President Kaberuka and her country’s willingness to organize an “India Day” alongside the AfDB’s 2013 Annual Meetings.
Bank President Delivers Annual Speech to Member-Country Ambassadors to Tunisia
17-Jan-2013 - In his annual statement to ambassadors from the member states of the Bank accredited to Tunisia and representatives of international organizations on Thursday, January 17, 2013 in Tunis, African Development Bank President Donald Kaberuka discussed the Bank’s role in Africa’s economic transformation and signaled future challenges.AfDB, IFIs Gather to Discuss Climate Change Development
16-Jan-2013 - The African Development Bank hosted a two-day meeting of international finance institutions (IFIs) in Istanbul on November 8 and 9, 2012 to advance the analysis and information-sharing regarding the role that Climate Change Development Policy Operations (CC DPOs) can play in promoting structural changes towards climate-smart development pathways.AfDB Hosts Meeting to Consider Private Sector Engagement in Climate Investment Funds (CIF) Operations
16-Jan-2013 - At a CIF Partnership Forum event hosted by the African Development Bank on November 7, 2012 in Istanbul, a panel of speakers considered key points underpinning private sector investment in CIF operations, including fiscal ones, and lessons from specific countries which have been successful at attracting private sector investment at least in some sectors.AfDB Represents MDBs at Civil Society Discussion
16-Jan-2013 - During the 2012 Climate Investment Funds Partnership Forum, which took place in Istanbul, Turkey, on November 6 and 7, Mafalda Duarte, CIF Coordinator for the African Development Bank, represented the Bank and other multilateral development banks (MDBs) on a panel discussing Civil Society Participation in the Climate Investment Funds.
Bank President Pays Courtesy Call to Ethiopian PM
15-Jan-2013 - On the sideline of the meeting between the heads of the African Development Bank, African Union Commission and the United Nations Economic Commission for Africa that took place January 11-12, in Addis Ababa, AfDB President Donald Kaberuka paid a courtesy call on Ethiopian Prime Minister Hailemariam Desalegn.
Heads of AfDB, AUC and UNECA Discuss Continent’s Socio-Economic Transformation
12-Jan-2013 - The President of the African Development Bank, Donald Kaberuka, the Chairperson of the African Union Commission, Nkosazana Dlamini Zuma, and the Executive Secretary of the United Nations Economic Commission for Africa, Carlos Lopes, met in Addis Ababa, Ethiopia on January 11 and 12, 2013 to discuss the challenges, opportunities and priorities facing Africa over the next 50 years, and how best to coordinate efforts in supporting the continent’s socio-economic transformation.
Souk At-Tanmia Offers Financing, Mentoring and Hope to 71 Project Beneficiaries
11-Jan-2013 - Organizers, sponsors, partners and beneficiaries of the Souk At-Tanmia (Market for Development) pilot initiative came together on Thursday, January 10 in the Cité des Sciences in Tunis to celebrate the 71 new Tunisian entrepreneurs who have been selected to receive angel financing, technical assistance, coaching and mentoring throughout 2013.
Cycling Around the World to Empower Youth in Promoting HIV/AIDS Awareness
11-Jan-2013 - Somen Debnath, a 29-year old Indian cyclist, presented his “Around the World Bicycle Tour for HIV/AIDS Awareness Program and Seminars on Indian Culture” on Thursday, January10, 2013 to African Development Bank staff in Tunis. Cycling from Morocco and Algeria, he just arrived in Tunisia where he intends to meet with schools, NGOs as well as the Tunisian President and Government officials representing Ministries of Education, Health, Youth, and Sports.