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The AfDB urges for an African Green Fund
09-Jun-2011 - Africa could do much more to tackle climate change through the establishment of a continent-specific green fund, says Aly Abou-Sabaa, chairman of the Climate Change Coordination Committee at the African Development Bank (AfDB). Mr. Abou-Sabaa made this comment on 8 June 2011 during a press briefing organized during the 2011 AfDB Annual Meetings in Lisbon, Portugal.
Formal Opening of the African Development Bank 2011 Annual Meetings in Lisbon
09-Jun-2011 - The opening ceremony for the Annual Meetings of the African Development Bank Group (AfDB) took place on 9 June 2011 at the Lisbon Congress Centre, Lisbon, Portugal.
AfDB 2011 Annual Meetings are Carbon-Free
09-Jun-2011 - The African Development Bank (AfDB) Group has officially made this year’s Annual Meetings in Lisbon, Portugal, carbon friendly. This announcement follows acquisition of carbon credits after an investment in a composting project, in Cape Town, South Africa. The Annual Meetings CO2 emissions are related to flights, local transport, paper and energy consumption both at the meeting venue and hotels, among others causes, which cannot be avoided but must be offset.
Urgent Action Needed to Avoid Water and Sanitation Crisis in Africa
09-Jun-2011 - About one third of the obstacles to achieving the Millenium Development Goals (MDGs) are water-related. Already, water poses a number of challenges for Africa like it does nowhere else in the world. With only four years left to achieve the MDGs, progress on the continent towards meeting the targets set out is slow and many countries risk missing the mark.
AfDB President declares 2010 “successful but momentous year” at Annual Meetings Opening Ceremony
09-Jun-2011 - In talks to aid Egypt after USD 500 million Tunisia support, willing to help Libya “when the time comes”
AfDB Seminars Mull Public-Private Vision for Africa’s Growth and Development
09-Jun-2011 - The High Level Seminars, a Central component of the African Development Bank (AfDB) Annual Meetings wound up in Lisbon on Wednesday, with a call for wider public partnership for Africa’s economic growth and development. The notion was that African governments had a responsibility to provide the appropriate macroeconomic environment to spur efficiency and growth in the political, economic and social life of their countries.Réunion à Lisbonne de la sixième session du Conseil d’administration de CoDA
09-Jun-2011 - Le Conseil d’administration de la Coalition pour le dialogue sur l’Afrique (CoDA), une initiative soutenue par la Banque africaine de développement (BAD), l’Union africaine (UA) et la Commission économique des Nations unies pour l’Afrique (CEA), a tenu sa sixième session ordinaire mercredi à Lisbonne, au Portugal.
AfDB Signs Multi-Million Cooperation Agreements with China and Brazil
09-Jun-2011 - The African Development Bank (AfDB) Group on Wednesday in Lisbon signed two major cooperation agreements with China and Brazil for the funding of projects and programs in the AfDB´s regional member countries (RMCs). AfDB policy and operations Vice President, Aloysius Uche Ordu, and the Executive Vice President, Agricultural Bank of China, Zhu Hongbo, signed a memorandum of understanding on a collaborative ventures in co-financing, technical cooperation for capacity building and knowledge partnership.
Le Président Kaberuka remet le Prix des Entrepreneurs Africains 2011
09-Jun-2011 - The president of the Mali-based Azalaï Hotels Group, Mr Mossadeck Bally, won the African Business Leadership Award (ABLA), traditionally given at the Annual Meetings of the African Development Bank (AfDB). At the 2011 venue of the Annual Meetings, the president of the AfDB, presented the award to Mr Bally on 8 June, saying: “I am pleased to present today the 2011 African Business Leadership Award to Mr.
Powering Africa through Clean Energy: It’s Possible
08-Jun-2011 - The shift to clean energy solutions will enable Africa to take advantage of the concessional resources available, which reduce the costs and risks of such investments while at the same time providing leverage for mobilizing private sector resources. It was an idea that emerged from the High-Level seminar "Powering Africa: Financing Energy and Green Growth" held on 8 June 2011 during the 2011 Annual Meetings of the African Development Bank (AfDB).
Auditors Role Essential for Inclusive Growth, Says AfDB Auditor-General, Edward Ouko.
08-Jun-2011 - What role should Auditors-General in African countries play to make inclusive growth a reality in the African Development Bank’s efforts to promote development for all , the central theme of its 2011 Annual Meetings which open in Lisbon, Portugal on Thursday?Experts Call for Greener Development Finance at AfDB Annual Meetings
08-Jun-2011 - Development finance experts convened at the Annual Meetings of the African Development Bank Group (AfDB) to discuss more environmentally and socially responsible ways of funding development projects in Africa. Delegates of the Association of African Development Finance Institutions (AADFI) held a debate on 7 June 2011 in Lisbon, Portugal, the venue of the AfDB's 2011 Annual Meetings.
AfDB-EMRC SME Forum is inaugurated as SMEs take centre stage for Africa’s future development.
08-Jun-2011 - The much awaited AfDB-EMRC SME Forum was inaugurated in Lisbon, Portugal on 6 June 2011 in front of more than 300 delegates by Carlos Costa Pina, Portugal’s Secretary of State for Treasury and Finance, as the role of Africa’s Small and Medium Enterprises (SMEs) is given priority for the continent’s future growth.
Africa Governments Urged to Improve Business Environment for Private Sector
08-Jun-2011 - African governments need to create a better business environment for the private sector so that companies can generate domestic revenue to help alleviate poverty and boost development, a cross-section of business leaders said at the Annual Meetings of the African Development Bank Group (AfDB) on 8June in Lisbon, Portugal.
2010 Annual Report - Investing in Infrastructure
08-Jun-2011 - With more than 70 percent of its total approvals targeting the infrastructure sector in 2010, the African Development Bank has confirmed its leadership in this area. Approvals in 2010 for infrastructure projects amounted to some USD 4 billion, representing the largest sectoral allocation. Transportation attracted the most funding (47.6 percent), followed by energy supply (34.1 percent), water supply and sanitation (17.1 percent) and communication (1.2 percent).
PPP critical to bridging Africa’s infrastructure gap, say experts
08-Jun-2011 - Fostering partnerships between the private sector, infrastructure agencies and regional economic communities is critical to solving the problem of Africa’s vast infrastructure gap according to an expert panel which gathered at the Annual Meetings of the African Development Bank Group (AfDB) in Lisbon on 7 June.
Africa - a platform in the making for innovation
08-Jun-2011 - At the Annual Meetings of the AfDB in Portugal, the High Level seminar "Africa: Innovation Platform for Growth" on 8 June 2011 focused on the catalytic role that innovation ought to play in Africa’s economic development.