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Mandela: AfDB Pays Tribute to an Extraordinary Man

06-Dec-2013 - "As we mourn today, we also celebrate one extraordinary life that touched the hearts of millions of people. Nelson Mandela was a true servant - not just of his country and of Africa, but of men and women all over the world.  His leadership was born of humility, humanity, and a passionate desire for change.  His vision was equality and opportunity for all, and we honour Madiba by striving every day to complete the task he began." Donald Kaberuka

« Pour gagner l’Afrique doit innover », déclare le président de la BAD au Sénat français

06-Dec-2013 - « La technologie n’a aujourd’hui plus de frontières. Elle est présente aux fins fonds de l’Afrique, mais cela ne suffit plus : pour gagner, l’Afrique doit miser sur l’innovation. » C’est le message principal délivré, le  5 décembre à Paris, au Sénat français, par le président de la Banque africaine de développement (BAD), Donald Kaberuka.

Sénégal : 23,6 milliards de FCFA pour réhabiliter le Lac de Guiers et bâtir des pistes communautaires

06-Dec-2013 - La Banque africaine de développement (BAD) et le Sénégal ont signé, le 2 décembre 2013 à Dakar, trois accords de prêts et de don, portant sur un total de 23,6 milliards de FCFA. Amadou Ba, ministre sénégalais de l’Economie et des Finances ainsi que gouverneur de la BAD pour le Sénégal, et Leila Mokaddem, représentante résidente de la BAD au Sénégal, ont  cosigné lesdits accords.

AfDB Board approves $28.92 million in support to Côte d’Ivoire Youth Employability and Insertion Support Programme

05-Dec-2013 - On Wednesday, December 4, the Board of the African Development Bank Group approved US $28.92-million in budget support composed of a loan of UA 13.91 million and a grant of UA 4.93 million to the Government of Côte d’Ivoire, from the concessionary African Development Fund resources to finance the country’s Youth Emplo

AfDB Board Approves Fully Flexible Loan Product: Embedding Risk Management Features in Sovereign and Sovereign-Guaranteed Loans

05-Dec-2013 - On Wednesday, December 4, the Board of the African Development Bank Group approved the Fully Flexible Loan Product, which was developed in response to borrower demand and embeds risk-management features currently offered through the Bank’s risk management products, including sovereign and sovereign-guaranteed loans. It also introduces a maturity-based pricing structure for sovereign guaranteed borrowers that would allow them to select the loan profiles that match their funding needs and debt-management capacities. The Fully Flexible Loan...

With strong infrastructure, Africa could achieve a seven per cent growth rate, says Kaberuka

05-Dec-2013 - Africa is capable of winning additional points in its growth rate with improved infrastructure, Donald Kaberuka, President of the African Development Bank, said on December 4 in Paris.

Petit-déjeuner de presse du Président de la BAD à Paris

05-Dec-2013 - Le président de la Banque africaine de développement, Donald Kaberuka, animera  un petit-déjeuner de presse dans le cadre du Sommet de l’Elysée sur la paix et la sécurité en Afrique, le vendredi 6 décembre 2013 à 9h30 au Press Club de France, logé à l’hôtel Pullman Montparnasse, 19, rue du Commandant Mouchotte, 75014. L’invitation est ouverte à l’ensemble de la presse française et des correspondants internationaux basés à Paris, ainsi qu’aux journalistes accompagnant les délégations africaines participant au Sommet de l’Elysée.

Board of AfDB approves Strategic Framework and Operational Guidelines for the ADF Partial Credit Guarantee Instrument

05-Dec-2013 - On Wednesday, December 4, the Board of the African Development Bank Group approved the Strategic Framework and Operational Guidelines for the African Development Fund Partial Credit Guarantee Instrument. The guidelines seek to address the challenges faced by a well-performing country that can only access the concessional African Development Fund (ADF) resources in its quest to mobilize both domestic and external commercial financing for developmental purposes.

AfDB Board approves US $20 million ADF loan for private sector development program in the Seychelles

04-Dec-2013 - The Board of Directors of the African Development Bank Group on Tuesday, December 3, approved a US $20 million African Development Fund loan for the Inclusive Private Sector Development and Competitiveness Programme (IPSDCP).

AfDB Boards approve US $4.89 billion for 2014 Borrowing Program

04-Dec-2013 - The Boards of the African Development Bank (AfDB) on Wednesday, December 4 approved a cumulative US $4.89 billion (UA 3.188 billion) for the 2014 Borrowing Program of the AfDB Group, which includes US $199.58 million (UA 130 million) for possible draw down under the loan component of the Enhanced Private Sector Assistance (EPSA) Initiative for Africa.

Elysée Summit: President Kaberuka advocates innovative funding for Africa's Development

04-Dec-2013 - Report on “a future partnership between France and Africa” pays tribute to work of the AfDB

AfDB Board approves US $55.27 million for project to improve food security in Mali

04-Dec-2013 - On Tuesday, December 3, the African Development Bank Group’s Board of Directors approved US $55.27 million for the Food Security Consolidation through Development of Irrigation Farming Project (PRESA/DCI) in Mali.

AfDB Board approves combined 2013-2017 Country Strategy Paper and 2013 Portfolio Review for Côte d’Ivoire

04-Dec-2013 - The Board of the African Development Bank Group on Wednesday, December 4 approved the combined Country Strategy Paper (CSP) and 2013 Portfolio Review for Côte d’Ivoire.

AfDB provides US $73.6 million to Malawi and Zambia for Multinational Nacala Road Corridor Phase IV

04-Dec-2013 - The Board of Directors of the African Development Fund (ADF), the concessionary arm of the African Development Bank (AfDB) Group, approved on Tuesday, December 3 a loan of US $65.0 million and a grant of US $900,000 to Malawi, and a loan of US $7.7 million to Zambia, respectively, for a total of about US $73.6 million, for the

Global Health 2035: A World Converging within a Generation

03-Dec-2013 - The African Development Bank (AfDB), together with the Center for Disease Dynamics, Economics & Policy (CDDEP), the Commission on Investing in Health (CIH), The Bill & Melinda Gates

AfDB and Government of Angola sign loan agreement for Artisanal Fisheries Support Project

03-Dec-2013 - A loan agreement for the Artisanal Fisheries Support Project was signed on Monday, December 2 by Septime Martin, the African Development Bank’s Resident Representative in Angola, on behalf of the Bank and Job Graça, the Minister of Planning and Territorial Development, representing the Government of Angola.

The Lancet: Health disparities between nations could be eliminated within a generation

03-Dec-2013 - “We are on the verge of being able to achieve a milestone for humanity” – Lawrence H. Summers, Chair of new Commission on investing in health

AfDB Ten Year Strategy presented to Algerian officials and members of civil society

03-Dec-2013 - The African Development Bank (AfDB) held the Algeria country launch of its Ten Year Strategy for the period 2013-2022 on November 26 in Algiers. The document was acknowledged by participants in view of the commitments made to meet present challenges for the continent’s sustainable development.

MDBs meet to discuss alignment of procurement policies and procedures

02-Dec-2013 - The Heads of Procurement (HoP) of the Multilateral Development Banks (MDBs) met in Islamic Development Bank (IsDB) Headquarters in Jeddah, Saudi Arabia, November 10-13, 2013 to deliberate on selected topics relating to procurement activities of the MDBs. The Heads of Procurement from the African Development Bank, Asian Development Bank, Black Sea Trade Development Bank, European Bank for Reconstruction and Development, European Investment Bank, Inter-American Development Bank, and the World Bank attended the meeting along with their...

Geocoding: A Route to Deeper Transparency for the AfDB

02-Dec-2013 - The African Development Bank (AfDB) has proved its commitment to transparency by joining the ranks of over 190 development organisations which are publishing data to the International Aid Transparency Initiative.  It has been ranked No 7 out of 67 donors by a report from Publish What You Fund (PWYF) released on 24 October 2013.