21-May-2014 - African countries should accelerate integration to promote trade and industrialization by changing mindsets, participants at a meeting on trade said on Tuesday, May 20 in Kigali.
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 - 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 - The African Development Bank (AfDB), on Wednesday, May 21 in Kigali, launched MapAfrica, an interactive, online platform that charts the Bank’s investments in Africa.
To communicate results with even more clarity, the AfDB, in partnership with Aid Data, unveiled the new geocoding tool at the Bank’s Annual Meetings in the Rwandan capital. MapAfrica helps the Bank to ensure it allocates its resources to greatest effect. At the same time, it will give its stakeholders a better understanding of the Bank’s activities and their impact on local...
21-May-2014 - Africa recorded nearly 4% GDP growth in 2013, a two-percentage point decline compared to 2012, according to the 2013 operations results released by the African Development Bank Group (AfDB) on Wednesday, May 21 in Kigali, Rwanda.
20-May-2014 - The African Development Bank (AfDB) has declared its intention to work with the African Union (AU) on the implementation of the African Solidarity Initiative (ASI). The formal declaration of support was made by Sibry Tapsoba, Head of the Fragile States Department at AfDB.
20-May-2014 - The President of the African Development Bank, Donald Kaberuka, has said that for Africa to reduce the perception of risk in infrastructure investment, much focus is needed to get things done and move to another level of development.
20-May-2014 - he Kingdom of Lesotho on Monday, May 19 in Kigali, signed up to the African Legal Support Facility (ALSF)becoming the 57th state to join the group, established in 2010 to assist African countries in commercial creditor litigation and related issues.
20-May-2014 - A new book laying out a vision for Africa, “Africa 2050: Realizing the Continent’s Full Potential” was launched on Day 2 of the African Development Bank’s Annual Meetings in Kigali.
The book grew out of a study commissioned by the 5th Joint Annual Meetings of the African Union (AU) and the ECA Conference of Ministers and supported by the Japanese International Cooperation Agency (JICA) Research Institute.
20-May-2014 - At the first session of the African Development Bank (AfDB) Annual Meetings taking place in Kigali, representatives of the African Centre for Economic Transformation (ACET), an economic policy institute based in Ghana, presented their report entitled “Africa Transformation Report: Growth with Depth”.
20-May-2014 - In only four years and with a seed fund of US $15 million the African Legal Support Facility (ALSF) has built a reputation as the go-to facility for African countries looking to negotiate or renegotiate complex commercial contracts.
20-May-2014 - Donald Kaberuka, President of the African Development Bank, and Kandeh Yumkella, Special Representative of the UN Secretary-General and Chief Executive of the Sustainable Energy for All (SE4ALL) initiative, have officially launched the Decade of Sustainable Energy for All in Africa.
20-May-2014 - African governments must show more commitment to the conservation of their water resources in order to protect and preserve their contribution to future generations.
The remarks were made on Monday, May 19 by the co-Chair of the Global Ocean Commission, Trevor Manuel, during the African Development Bank (AfDB) Annual Meetings in Kigali, Rwanda.
20-May-2014 - The United States Agency for International Development (USAID) on Monday, May 19 signed a grant agreement to provide the African Legal Support Facility (ALSF) with financial support in the amount of US $3.0 million over a three-year period under the US Power Africa Initiative.
20-May-2014 - The notion of blue economies is one that has recently gained attention as an avenue for development in Africa. The fairly new concept encapsulates all of the potential of oceanic resources and was at the centre of the AU’s Agenda 2063, where it was unanimously declared ‘Africa’s future’.
20-May-2014 - The African Development Bank's (AfDB) Annual Meetings 2014 commenced in Kigali on May 19. A ministerial visit to healthcare centres in a rural area was organised to coincide with this event. The visit highlighted the importance of rural electrification through the use of renewable energy sources. Electrification of remote healthcare centres is particularly important in efforts to improve maternal and child health across Africa.
20-May-2014 - The private sector is crucial for the development and stability of economies on the African continent. Despite this, they are heavily challenged with the lack of funds to kick start or to grow their brilliant business ideas.
19-May-2014 - Kicking off the first day of the Annual Meetings was “Tracking Africa’s Progress” on the challenges of establishing targets and making policies with insufficient or poor data. Over the years, many African countries have significantly scaled up their data collection efforts, but challenges remain with regard to the timely dissemination of the data to users.
19-May-2014 - This year’s African Development Bank (AfDB) Annual Meetings included a panel entitled "Building Resilience in the Horn and the Sahel", which was held on Monday, May 19, 2014 in Kigali. The panellists for this particular session all agreed on the importance of the efficient and rational use of financial resources in times of humanitarian crisis.
19-May-2014 - As Africa transforms under the leadership of the African Development Bank Group, its Chief Economist and Vice-President, Mthuli Ncube, looks at what could make a difference: visionary leadership and pragmatic approaches to policy-making.
