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ACP Grants €20 million to AfDB, AU and ECA in the Fight Against Climate Change

19-Feb-2013 - The African Development Bank (AfDB), the Economic Commission for Africa (ECA) and the African Union (AU) have, under the Climate for Development in Africa Program, undertaken a vibrant campaign for financial resources mobilization aimed at making viable the Special ClimDev-Africa Fund, a joint AU-AfDB-ECA initiative, administered by the African Development Bank.

France Engaged in AfDB Legal Support Facility

19-Feb-2013 - Pascal Canfin, Deputy Minister in charge of Development in France, signed on February 11, 2013, an agreement concerning the membership of France to the African Legal Support Facility of the African Development Bank. This agreement brings the number to 50 signatories. Thus, France becomes the fifth non-regional member country to join the ALSF after the United Kingdom, the Netherlands, Belgium and Brazil .   

AfDB Supports Integrated Agricultural Development in Tunisia with a €22-million Loan

19-Feb-2013 - The Board of Directors of the African Development Bank (AfDB) Group on Wednesday, February 13, in Tunis approved a 22-million euro loan to Tunisia to finance the Gafsa North Integrated Agricultural Development Project, which aims to reduce poverty in the area.

UNIDO-AfDB: Brainstorming on Solutions that Would Give Global Economic Growth a Big Push

19-Feb-2013 - UNIDO Director General, Kandeh Yumkella on February 18, 2013 in Tunis, called on the Bank Group and had a talk with president Donald Kabaruka. The two men brainstormed on the global agenda of the World Economic Forum (WEF), with focus on energy and infrastructure investments in Africa. “The meeting also highlighted efforts to realize resources and energy plan and sector reforms in the continent,” Yumkella explained.

AfDB and OECD Hold Regional Workshop on Green Growth in Africa

18-Feb-2013 - The African Development Bank (AfDB) and the Organisation for Economic Co-operation and Development (OECD) jointly organized the workshop “Green Growth in Africa: Concepts, Tools and Strategies for Building Greener Economies and a Sustainable Future”. Hosted by the Zambian Ministry of Lands in Lusaka in January, the workshop attracted over 100 participants from 18 African countries, including representatives from bilateral and multilateral organizations.

The ADF: 40 Years of Contribution to Africa’s Social and Economic Transformation

18-Feb-2013 - 4,000 loans and grants for a total of US$36 billion 95% of Cape Verde’s population have access to power The distance between Bamako and Dakar reduced by 200 km

AfDB Hosts CLEAR Forum on Evaluation Results in Tunis

18-Feb-2013 - The African Development Bank (AfDB) is hosting the forum of Centers for Learning on Evaluation and Results (CLEAR) February 16-20 in Tunis under the leadership of the Bank’s Operations Evaluation (OPEV) Director, Rakesh Nangia. Ideas, solutions and best practices will be presented and discussed extensively during the five-day forum. CLEAR is a global initiative, inaugurated in 2010 to help developing countries strengthen their monitoring and evaluation as well as performance management capacities. The Bank has been a key partner of the CLEAR...

AfDB to Champion Upcoming Donor Conference for Darfur in Doha

15-Feb-2013 - The Chairman of the Darfur Regional Authority (DRA), Eltigani Seisi Ateem, called on the African Development Bank Group President, Donald Kaberuka, on February 14, 2013 in Tunis. According to Ateem, the African Development Bank Group will champion the upcoming high-profile Donor Pledging Conference for Darfur in Doha in early April. He expressed the need for the Bank’s technical assistance to DRA.

AfDB 2013 Annual Meetings to debate Africa’s Structural Transformation

14-Feb-2013 - “Africa is transforming, but the pace of economic transformation can be accelerated,” says the Chief Economist of the African Development Bank (AfDB), Prof. Mthuli Ncube. “How can emerging Africa accelerate its structural transformation and achieve a strong, sustained and inclusive growth?” Ncube asks.

Indigenous Peoples should be Development Partners and Beneficiaries

14-Feb-2013 - The African Development Bank paid homage to indigenous peoples in Africa by way of a forum organized on the 11 and 12 February themed « Forum on Indigenous Peoples’ Development in Africa ». For two days, experts discussed the development stakes concerning autochthonous populations. The essence of the discussions was to come forward with realistic solutions to questions concerning their birthright, the preservation of their environment and even more so their inclusion to the global development process in their respective regions.

Diaspora Bonds in an African Context

12-Feb-2013 - The Chief Economist Complex of the African Development Bank Group has released an Economic Brief on the application of diaspora bonds in an African context. Drawing lessons from diaspora bond issuances in Israel, Ethiopia and India, the paper, entitled “Diaspora Bonds: Some Lessons for African Countries”, argues that tapping migration wealth could be an effective means of funding development on the continent.

L’Institut africain de développement forme à la mise en œuvre des projets à Lomé

12-Feb-2013 - L’Institut africain de développement (IAD) organise du 4 au 14 février à Lomé, (Togo), un atelier régional de formation sur la mise en œuvre des projets dédiés aux experts de la Banque africaine de développement (BAD). L’atelier a pour but d’améliorer la performance des opérations de la Banque grâce à l’existence d’un panel conséquent de professionnels de la formation, en vue de relayer les actions de l’Institut dans sa mission d’assistance aux projets.

Eau et assainissement : Coopération exemplaire entre le Sénégal et la BAD

11-Feb-2013 - Le ministre sénégalais de l’Hydraulique et de l’Assainissement, Oumar Guèye, était en visite de travail le 6 février à la Banque africaine de développement (BAD) à Tunis, où il a rencontré  le Président, Donald Kaberuka. Kaberuka et son hôte ont évoqué les modalités de financement pour  2014 du projet sectoriel d’eau et d’assainissement au Sénégal.

African Water Facility to Support Access of Urban Poor to Sanitation in Uganda

05-Feb-2013 - The African Water Facility offered a 1 million euro grant to the Community Integrated Development Initiatives (CIDI) to support their Kawempe Urban Poor Sanitation Improvement Project (KUPSIP). The project is designed to provide affordable and sustainable sanitation services to over 100,000 urban poor living in the Kawempe Municipality, in Kampala, Uganda.

AfDB’s New Disclosure and Access to Information Policy - Shift to Larger Openness and Transparency

04-Feb-2013 - The African Development Bank (AfDB)’s new Disclosure and Access to Information (DAI) Policy, which is intended to enlarge public access to information, entered into effect on February 3, 2013. The document replaces the previous Policy of 2005, and is based on the principle that the Bank Group, as a public and development institution, should be open and transparent in its operations.

President Kaberuka Stresses Investment in Human Capital at World Economic Forum

29-Jan-2013 - On the sidelines of the World Economic Forum, which took place last week in Davos, Switzerland, African Development Bank Group President Donald Kaberuka emphasized that building human capital is essential for the African continent to achieve inclusive growth and economic transformation. World leaders gathered from January 23 to 27 at the WEF annual meeting to discuss this year’s theme of “resilient dynamism”, which President Kaberuka noted is particularly relevant in the African context.

La BAD et AMI renforcent leur coopération

29-Jan-2013 - La Banque africaine de développement (BAD) et l’Organisation patronale de la presse africaine (AMI) sont convenues de renforcer leur coopération en vue de promouvoir une véritable communication au service du développement sur le continent. C’était  à Nairobi, au Kenya, le 23 janvier  dernier, en marge de la réunion de coordination des donateurs et partenaires d’AMI. AMI et la BAD procéderont à la révision de l’accord-cadre qui régit leur coopération, afin de tenir compte de la stratégie à long terme de la Banque et des nouveaux développements...

Sommet de l’Union Africaine - Ban Ki-moon met en garde contre toute réduction de l’aide au développement

28-Jan-2013 - « Je mets en garde les donateurs contre toute réduction de l’aide au développement, car l’aide est une exigence morale et humaine », a déclaré Ban Ki-moon, Secrétaire général des Nations-Unies à la cérémonie d’ouverture du  20e sommet de l’Union Africaine (UA). « La contribution de l’Afrique à la croissance économique mondiale est appréciable. Cependant, la situation reste préoccupante, en dépit de l’énorme potentiel du continent en ressources naturelles et humaines », a-t-il ajouté.

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.