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BAD – Maroc : prêt de 224 millions d’euros au secteur financier
24-Nov-2011 - Le Conseil d’administration de la Banque africaine de développement (BAD) a approuvé à Tunis, le 23 novembre 2011, un prêt de 224 millions d’euros pour financer le programme d’appui au développement du secteur financier – phase II (PADESFI II) du Maroc.CIF Approves Project to Expand Geothermal Energy in Kenya
23-Nov-2011 - A project to develop a geothermal steam field at Menengai, Kenya got the go-ahead on 17 November 2011 from the governing body of the Scaling Up of Renewable Energy Program in Low Income Countries (SREP), a program coming under the Climate Investment Funds (CIF). It approved USD 25 million in grants and concessional loans which will be channeled through the African Development Bank (AfDB) along with the AfDB’s own co-financing of USD 80 million.GEF Approves USD 20.5 million Grant for Lake Chad Basin Regional Program
23-Nov-2011 - At its 41st Council Meeting held in Washington, D.C. on 9 and10 November 2011, the Global Environment Facility (GEF) approved a grant of USD 20.5 million for the Lake Chad Basin Regional Program for the Conservation and Sustainable Use of Natural Resources and Energy Efficiency.Forest Communities in Burkina Faso, Ghana and DRC to Benefit from Dedicated CIF Grant
23-Nov-2011 - In the coming year, pilot countries of the Climate Investment Funds' (CIF) “Forest Investment Program” (FIP), including Burkina Faso, Ghana and the Democratic Republic of Congo, can expect to see additional support for their REDD+ activities in the form of a Dedicated Grant Mechanism for Indigenous Peoples and Local Communities. The proposed design of the mechanism was approved by the FIP Trust Fund Committee at the CIF Governing Bodies Meetings from 31 October to 4 November 2011 in Washington, D.C.
Tackling Youth Unemployment in the Maghreb
23-Nov-2011 - Youth unemployment across North Africa is one of the highest in the world. The paper, Tackling Youth Unemployment in the Maghreb, identifies the main causes and gauges the extent of youth unemployment in the Maghreb.Building CDM case for Ethiopia- Kenya Hydropower Interconnection Project
23-Nov-2011 - An Ethiopia-Kenya hydropower interconnection project may be the first to benefit from work beginning conducted by the African Development Bank (AfDB), through the African Carbon Support Programme (ACSP), to develop a new Clean Development Mechanism (CDM) methodology that would make interstate electricity connection eligible for CDM revenue.Mali Gains CIF Backing to Scale up Renewable Energy
23-Nov-2011 - Mali’s USD 40 million investment plan to scale up renewable energy was approved in principle by the Climate Investment Fund (CIF) governing bodies during their annual meetings from 31 October to 4 November 2011 in Washington, D.C. As an implementing agent of the CIF, the African Development Bank (AfDB) has worked closely with Mali to develop the plan under the CIF’s Scaling Up Renewable Energy Program in Low Income Countries (SREP).AfDB invests $20 million to support the development of real estate for all in Uganda
23-Nov-2011 - The Board of Directors of the African Development Bank (AfDB) has approved on 23 November a USD 20 million line of credit over 10 years to Housing Finance Bank Limited (HFB) Uganda to support residential and commercial real estate development aimed at benefiting low and medium income earnings through decent housing, as well as small and medium enterprises through commercial property and office space.AfDB eases funding for small to mid-sized firms in Mauritania
22-Nov-2011 - The African Development Bank (AfDB) and finance company, Mauritania Leasing, signed an agreement on 15 November in Dakar for a grant of USD 365,000 provided by the Fund for African Private Sector Assistance (FAPA) to help finance small and medium-sized enterprises in the country. Mrs. Leila Mokaddem, the Resident Representative at the Senegal Regional Office, represented the AfDB and Mr. Ebe Ould Ebe, Mauritania Leasing Executive, represented the partner at the ceremony.
AfDB Lends Ear to Young Tunisians on Solving Youth Unemployment Problem
21-Nov-2011 - On 12 November 2011, the African Development Bank’s (AfDB)’s Human Development Department organized a meeting with members of the Association of African Students and Trainees in Tunisia to listen to their views on the Joint AU/ILO/UNECA/AfDB’s Initiative on Youth Employment in Africa. The joint initiative will be formally endorsed by African heads of state and governments at the AU Summit in Addis Ababa, scheduled to take place in January 2012.More and more Africans are Growing Old But Face Uncertain Future, Reports AfDB
16-Nov-2011 - Africa’s population is ageing, just like in the rest of the world, but the continent’s governments are badly equipped to handle the growing number of older people. That’s the main conclusion of a new report from the African Development Bank (AfDB). The percentage of people aged over 65 in Africa has grown to 3.6 percent in 2010 from 3.3 percent in 2000.AfDB Moving from Bilateral Funds Towards a Higher Multi-Donor Trust Fund Profile
15-Nov-2011 - The African Development Bank (AfDB) has made substantial progress under its Trust Fund Reform policy in moving away from tied bilateral funds to multi-donor Trust Funds most of which are thematic in nature. As of the end of October 2011, the Bank managed 10 thematic funds for a total of about USD 185 million compared to USD 14.2 million available for use under the existing ten bilateral funds.AfDB to Showcase its Green Record at UN Climate Change Conference in Durban
15-Nov-2011 - The African Development Bank (AfDB) will showcase its strong record in supporting climate-friendly projects at the United Nations Climate Change Conference in Durban, South Africa, taking place between 28 November and 9 December 2011. Now in its 17th edition, the conference is colloquially known as ‘COP 17’, short for its official title of Conference of Parties to the United Nations Framework Convention on Climate Change.Media Freedom Linked to Wealth Creation and Prosperity, says AfDB Chief
14-Nov-2011 - Freedom of the press and the media in Africa is essential for the economic future of Africa. That was the message that the president of the African Development Bank, Donald Kaberuka, gave in his address at the opening of the Fourth African Media Leaders Forum (AMLF) on 10 November 2011 in Tunis. This year’s theme was ‘Empowering citizens through social media and technology adaptation: what future for traditional media?’Les transitions démocratiques en Afrique et les perspectives du «printemps arabe» : un forum à Tunis dresse le bilan
14-Nov-2011 - Un forum international a été organisé samedi à Tunis, à l’initiative de la Coalition pour le dialogue sur l’Afrique (CoDA), pour établir le bilan de deux décennies de transition démocratique en Afrique subsaharienne et examiner les perspectives ouvertes par le printemps arabe de 2011. S’exprimant à l’ouverture du forum, le président du Conseil d’Administration de la CoDA, Festus Mogae, a souligné l’actualité de la thématique abordée et le caractère symbolique de la ville de Tunis, d’où sont partis les soulèvements populaires qui ont ensuite...