22-May-2014 - A value chain, or sector, is a set of products (goods or services) and producers combining to serve a market or even the world market. "Nowadays, growth should be translated into transformation; that is, it should not be merely a growth in GDP, but a transformation of our economies to create jobs, climb the value chain and integrate international trade," says Donald Kaberuka, President of the African Development Bank (AfDB).
22-May-2014 - Senegal’s President, Macky Sall, called on African states to increase the volume and value of trade amongst each other in order to address the surging challenge of unemployment faced throughout the continent.
He delivered the message on Wednesday, May 21, during the Annual Meetings of the African Development Bank hosted in Kigali, Rwanda.
22-May-2014 - AfDB Annual Report 2013
In 2013, the African Development Bank Group's total transactions reached UA 4.39 billion (1 UA = USD 1.55), or an increase of approximately 3% compared to 2012. African Development Fund operations amounted to UA 2.27 billion, an increase of about 20% compared to 2012.
21-May-2014 - While favourable growth drivers remain largely intact and ongoing institutional reform efforts across the continent support creditworthiness, experts on , May 20 at the ongoing Annual Meetings of the African Development Bank (AfDB) in Kigali cautioned that tightening global credit conditions threaten to dampen the region's budding international issuance prospects.
21-May-2014 - Africa’s economic growth which remained strong in 2013 in a good number of African countries should improve further in 2014. That is the backdrop to the call made in Kigali on May 21 by the President of the African Development Bank (AfDB), Donald Kaberuka, during the presentation of the Bank's Annual Report.
21-May-2014 - The concepts of transparency and accountability are gaining ground in Africa. Nevertheless, there remains many issues and questions to resolve. The "monster of corruption" is becoming increasingly complex to tackle as criminals become ever more imaginative and have better resources and skills.
21-May-2014 - The Annual Meetings of the African Development Bank (AfDB) opened in Kigali, Rwanda, on Monday, May 19, 2014 with a series of sessions on the programme bringing together many African personalities from politics, civil society and the private sector.
21-May-2014 - African Development Bank (AfDB) President Donald Kaberuka called for increased investment in innovation and knowledge-creation to create new wealth on the continent.
21-May-2014 - In six years’ time, in 2020, 22 African countries will be growing at more than 6%, with 5.7% growth projected for the continent in 2013, according to the Annual Development Effectiveness Review 2014, released on Wednesday, May 21, 2014 in Kigali, Rwanda.
21-May-2014 - The African Development Bank constantly seeks operational efficiency and that is why, shortly after approval in April 2013 of the Ten-Year Strategy and its associated organisational arrangements, a new post of Chief Group Risk Manager, an African Natural Resources Centre, new departments responsible for operational and financial sector development, and a performance implementation management bureau were all created.
21-May-2014 - In comments during the African Development Bank’s Annual Meetings in Kigali, Paulo Gomes, the former World Bank Executive Director who is a now a leading figure in Africa’s private sector, discussed the issues linked to investing in human capital, political leadership, regional integration in Africa and the AfDB’s role in these challenges. He warned that Bank must not be blind to the potential for Africa to become fractured rather than unified because this could slow the continent’s progress.
21-May-2014 - The problem of corruption in Africa is a local one, but external factors sometimes factor into the complicated issue.
On the first day of the AfDB’s Annual Meetings in Kigali on May 19, the Accountability and Transparency panelasked Africa to undertake independent reflection to reinforce those values.
21-May-2014 - Given the urgency and seriousness of climate change, there is need to advance efforts to mobilize financing and mitigate the impact of climate change on the African continent, distinguished panelists said on Tuesday, May 20 in Kigali at the ongoing Annual Meetings of the African Development Bank.
21-May-2014 - On Wednesday, May 21, 2014, the African Development Bank (AfDB) released MapAfrica – a dynamic online platform that will enable citizens, government officials, and donors to track investments from AfDB-funded development projects – at their 2014 Annual Meetings in Kigali, Rwanda.
21-May-2014 - On the second day of the African Development Bank (AfDB) Annual Meetings taking place in Kigali, a Civil Society Organizations (CSOs) Forum brought together representatives of CSOs across Africa and representatives of AfDB.
21-May-2014 - 2013 marked the first year of implementation of the Bank's Ten-Year Strategy for the period 2013-2022, approved in April by the Board of Directors, with the dual aims of economic inclusion and transition to green growth. Selectivity and the quest for results continue to serve as guides. In addition, the Bank stepped up efforts to consolidate resilience and set development milestones.
21-May-2014 - What is the best way to achieve an appropriate demographic transition, deliver a skilled workforce and create jobsfor young people while securing a technology dividend?
21-May-2014 - In spite of an unfavourable global economic environment, the African Development Bank (AfDB) maintains its strong financial position and its capacity to bear risk remains high. These were the observations made by AfDB President Donald Kaberuka during presentation of the Bank's Annual Report on May 21 as part of the Annual Meetings held in Kigali, Rwanda.
21-May-2014 - Africa has produced some famous entrepreneurs over the years. The most notable among them is Ashish Thakkar, who has become a role model to youth throughout the continent.
At the young age of 32, Thakkar is recognized by Forbes Magazine as Africa’s youngest billionaire, boasting a net worth of US $260 million, with a wide range of investments all over the continent.
Thakkar appeared as a guest speaker on Tuesday, May 20, during the Annual Meetings of the African Development Bank (AfDB) in Kigali, Rwanda.
