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AfDB reinforces regional integration support with USD 232.5 million Tanzania-Kenya road financing
17-Apr-2013 - The African Development Bank has approved two loans totalling USD 232.5 million for the 157.5-kilometre road project from Arusha to Holili in Tanzania, and Taveta to Voi in Kenya, in an effort to reduce the cost of transport and enhance access to agricultural inputs, larger markets and social services within the East Africa Community. Kenya will receive USD 113.12 million of the two loans approved by the AfDB Board, while Tanzania will be awarded USD 120 million. The Bank facility constitutes 89.1 per cent of the total project cost.Zimbabwe Multi-Donor Trust Fund (ZIMFUND) Launches Flagship Infrastructure Development Project
16-Apr-2013 - ZimFund’s Urgent Water Supply and Sanitation Rehabilitation Project (Phase One) will increase the reliability, quality and availability of water, restore wastewater treatment capacity and reduce the incidence of cholera and other water related diseases.Romano Prodi and Kaberuka Meet to Discuss the Crisis in the Sahel Region
16-Apr-2013 - The UN Special Envoy for the Sahel, Romano Prodi, met with the President of the African Development Bank, Donald Kaberuka, on April 15, 2013 in Tunis, to discuss security, governance, humanitarian requirements, and development in the Sahel region. The African Development Bank and the United Nations are strongly engaged in supporting efforts of Sahelian countries to address the multifaceted crisis in the region, with a special focus on Mali.AfDB Study Points Way Forward for Egypt’s Revived Energy Subsidy Reform Process
13-Apr-2013 - Egypt’s fuel subsidy program, designed to ease the lives of the poorest of its population, is becoming a serious drain on its national economy, according to a new study from the African Development Bank (AfDB). The cost of its oil subsidies shot up by more than 65 percent to 68 billion Egyptian pounds (LE), or almost USD 12 billion, in the 2009-2010 financial year, compared to LE 40 billion in 2005-2006, according to the study.African Water Facility Launches the Fostering Innovative Sanitation and Hygiene in Monrovia Project
11-Apr-2013 - The Fostering Innovative Sanitation and Hygiene (FISH) in Monrovia Project funded by the African Water Facility (AWF) was launched on Wednesday, April 10, 2013, in the presence of over 40 people including representatives of beneficiaries and development partners. The Facility offers a €1.2-million grant to the Monrovia City Corporation (MCC) to support a project aimed at increasing access to sustainable and affordable sanitation and hygiene services to over 800,000 urban slum-dwellers in Monrovia, Liberia.Sudan: Donors Pledge USD 3.6 billion for the Reconstruction of Darfur
09-Apr-2013 - A two-day donor conference on Sudan ended on 8 April in Doha, Qatar with a pledge of USD 3.6billion. The amount, which will be paid over six years, will be devoted mainly to the development and reconstruction of the Darfur region.
AfDB-Côte d’Ivoire: Return under favorable economic recovery
08-Apr-2013 - After a decade of stagnation, the Ivoirian economy is picking up. The signs are obvious here and there, and especially in Abidjan, the economic capital. They are the construction of high roads and the setting up of improved health and sanitation services systems undertaken by the government both in Abidjan and in the hinterland, as well as property development engineered by the private sector.The AfDB in Support of Somali’s Revival and Re-engagement with Donors
05-Apr-2013 - The African Development Bank’s (AfDB) Board of Executive Directors on April 3, 2013 approved the Somalia Country Brief 2013-2015 which aims to help revive the country’s institutions, and enable the country’s re-engage with the international community after two decades of conflict and isolation.Sierra Leone, Uganda and Mauritania poised to ramp up climate-resilient water sectors with $18.6 million from the Least Developed Countries Fund
05-Apr-2013 - As of the 31st of March 2013, the Global Environment Facility’s Least Developed Countries Fund (LDCF) has granted USD 18.6 million to be channeled by the African Development Bank (AfDB) to Sierra Leone, Uganda and Mauritania for project concepts to help climate-proof their water sectors. This work is regarded as a critical element of these countries’ moves toward climate-resilient poverty reduction and sustainable development.North African and Middle East Countries Poised to Upgrade Concentrated Solar Power Use with AfDB, World Bank, and CIF Support
05-Apr-2013 - On March 19, the African Development Bank (AfDB) and World Bank convened a workshop with representatives of Algeria, Egypt, Jordan, Libya, Morocco, and Tunisia in Rabat, Morocco to review and upgrade the region’s path-breaking regional Investment Plan for Concentrated Solar Power (CSP), with funding from the Climate Investment Funds (CIF).Mesure de la pauvreté des inégalités et de la polarisation en Tunisie 2000-2010
01-Apr-2013 - La Banque africaine de développement (BAD) a pu accompagner en 2011, l’Institut National de la Statistique (INS) dans la revue et la mise à jour de sa méthodologie de mesure de la pauvreté et ce en collaboration avec la Banque mondiale. Le travail a été mené en consultation avec un comité d'experts universitaires tunisiens, des représentants des ministères et des structures publiques et d’organisations non gouvernementales.The ADF Approves US$ 38 million to Support Rwanda’s Progress in Skills, Entrepreneurship and Jobs
01-Apr-2013 - The African Development Bank’s (AfDB) Board of Executive Directors on April 3, 2013 approved an African Development Fund (ADF) grant of USD $ 25.7 million and an ADF loan of USD 12.6 million for a Skills, Employability and Entrepreneurship Program (SEEP) in Rwanda. The program will support the Government of Rwanda’s policy reform to promote human capital development, inclusive growth and poverty reduction.The BRICS call for their own Development Bank
01-Apr-2013 - At their meeting in Durban, the BRICS group put forward the proposal establishing a Development Bank under their auspices. This initiative was hailed by Donald Kaberuka, President of the AfDB. A grand premiere in Africa, this decision was taken at the meeting held on the 26 and 27 March 2013. The continent welcomed the annual meeting of the BRICS group held in Durban made up of Brazil, India, China, Russia and South Africa joining these countries in April 2011.Capital Market Development in North Africa: Current Status and Future Potential
28-Mar-2013 - Capital markets in North Africa have a long history but have been marginal to the region’s development, concludes a new brief published by the African Development Bank entitled “Capital Market Development in North Africa: Current Status and Future Potential”.Towards a New Economic Model for Tunisia: Identifying Tunisia’s Binding Constraints to Broad-Based Growth
28-Mar-2013 - The Government of Tunisia, the African Development Bank and the United States Government have released the report entitled “Towards a New Economic Model for Tunisia: Identifying Tunisia’s Binding Constraints to Broad-Based Growth”. The report, aims at identifying the most binding constraints to growth in Tunisia in order to identify areas where policy reforms are most needed.International Development of Health services: North Africa’s Export Prospects
28-Mar-2013 - In a recent paper produced as part of a series on North African policies, the African Development Bank (AfDB) analyzes the prospects of exporting the health services available in North Africa.
Tunisian Labour Migration to Libya: A Strategic Tool to Tackle Unemployment?
27-Mar-2013 - The International Organization for Migration (IOM) and the African Development Bank (AfDB), in partnership with the Office for Tunisians Abroad (OTE), have published a new study on employment opportunities for Tunisians in Libya.SEFA and Partners Launch Competition for Clean Energy Entrepreneurs in West Africa
26-Mar-2013 - The Sustainable Energy Fund for Africa (SEFA) and its partners has launched a business plan competition called the West Africa Forum for Clean Energy Financing (WAFCEF/the Forum) to identify promising regional entrepreneurs and unlock renewable energy and energy efficiency investments in West Africa.Trade Integration Key to Macroeconomic Convergence, Says New AfDB Report
26-Mar-2013 - Launch of a policy-paper series on regional integration A new policy paper by the African Development Bank carries the importance of trade integration to macroeconomic convergence.