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AfDB Allocates US$184.79 Million to Multinational Trans-Sahara Highway Project
13-Dec-2013 - Prospects for the construction of a 9,022-kilometre strategic Trans-Sahara Highway (TSH) linking several African countries was concretised on Wednesday, 11 December 2013 in Tunis following the approval of US$ 184.79 (UA120.37)* million by the Board of Directors of the African Development Bank Group (AfDB).
I have learnt from Mandela that none of us has all of the solutions, says AfDB President Donald Kaberuka
12-Dec-2013 - African Development Bank (AfDB) staff, including President Donald Kaberuka, on December 12 paid tribute to the late Nelson Mandela, the former South Africa President who passed away on December 5 in Johannesburg, South Africa. At the ceremony, Kaberuka saluted the vision of Mandela, his intelligence and devotion for the well-being of the humanity. “We’re here for a celebration of an extraordinary life. We’re here to celebrate the life of Madiba,” Kaberuka said to a packed room, noting that, even in death, Mandela was able to bring together...
Mandela : une source d’inspiration pour le personnel de la BAD
12-Dec-2013 - « Un cadeau pour l’humanité, une personnalité dominante pour l’Afrique et le monde entier qui demeurera une des plus grandes figures de l’humanité. » Ces mots du président de la Banque africaine de développement (BAD), Donald Kaberuka, prononcés lors de l’hommage que l’institution a rendu le 12 décembre à Tunis, à Nelson Mandela, reflètent à souhait, la source d’inspiration que chacun des membres du personnel devrait faire sienne désormais dans ses actes quotidiens.
AfDB to play a greater role in natural resources stewardship on the continent
12-Dec-2013 - “The current commodity super-cycle being enjoyed by resource-driven economies could simply disappear without lasting benefits if it is not harnessed into durable development outcomes.AfDB publishes a comparative approach on the search for inclusive growth in North Africa
11-Dec-2013 - A new economic brief published by the African Development Bank shows that the longstanding relationship between growth and distribution in economics has been revived in recent years with greater focus being placed on “inclusive growth”, which is capable of benefiting much wider segments of society.AfDB Approves US $20 million Trade Finance Line of Credit for Shelter Afrique to Support Real Estate SMEs
11-Dec-2013 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, December 11 a US $20 million Trade Finance Line of Credit for the Company for Habitat and Housing in Africa/Shelter Afrique (SHAF) to boost the availability of Trade Finance (TF) instruments to small and medium enterprises (SMEs) involved in real estate and construction related activities in Africa. Thereby, this facility will contribute to addressing the critical shortage of building materials while creating jobs and income in the region.AfDB Launches Information Center for the Extractive Sector
11-Dec-2013 - The African Development Bank (AfDB) on Wednesday, December 11 in Nairobi, Kenya, launched the Information Center for the Extractive Sector (ICES), a platform that promotes knowledge-based dialogue with the aim of promoting informed policies for the sector. AfDB Director for the Eastern Africa Resource Centre (EARC) Gabriel Negatu pointed out the timeliness of the information center, saying the opportunity to use the sector to accelerate national development and promote economic growth requires careful planning at this critical stage.
AfDB to provide $28.92 million to boost youth employment and training in Côte d’Ivoire
11-Dec-2013 - The African Development Bank (AfDB) has signed a loan agreement for US $21.34 million, together with a grant agreement protocol for the sum of $7.56 million. Both agreements relate to the program to support improving youth employability and integration, approved by the Bank’s Board of Directors on December 4, 2013.AfDB rehabilitates Séguéla Hospital in Côte d’Ivoire to benefit of some 500,000 persons
11-Dec-2013 - In Séguéla, Côte d’Ivoire, on December 8, 2013, the African Development Bank (AfDB) Group officially handed over the Worodougou Regional Health Care Centre to the Ivorian Government. The Centre hospitalier régional (CHR) has recently been rehabilitated by the AfDB at a total cost of 416,300,000 CFA francs (around $863,000). The hospital will provide services to around 500,000 persons.AfDB Board Approves $105.26 Million for Lovua-Tshikapa Section of the Batshamba-Tshikapa Road Project in DRC
11-Dec-2013 - The Board of Directors of the African Development Bank Group approved on Tuesday, December 10, 2013 in Tunis, two grants and a loan amounting to US $105.26 million (UA 70.14 million*) to finance the Lovua-Tshikapa section of the Batshamba-Tshikapa road project in the Democratic Republic of Congo.AMCOW Receives 2 million Euros in AWF Funding for Water Sector Reporting
11-Dec-2013 - The African Water Facility (AWF) has offered the African Ministers Council on Water (AMCOW) a €2 million grant to establish a monitoring and reporting system for the water sector in Africa. The project is in line with the Africa Water Vision call for action for the creation of a sustainable system for monitoring and sharing of information on all aspects of water use in the continent.Ministerial Forum in Tunis will discuss ICT integration policies that drive and accelerate the transformation of Africa’s education and training systems
10-Dec-2013 - From December 9 to 11, Tunis is hosting the First African Ministerial Forum on ICT Integration in Education and Training. The aim of this initiative is to help African Education Ministers to introduce effective, relevant policies integrating information and communication technology (ICT) that will drive and strategically accelerate the transformation of their education and training systems.Financial Inclusion for a Sustainable and Inclusive Growth in Africa
10-Dec-2013 - A new publication, Financial Inclusion in Africa, released on Monday, December 9 by the Complex of the Chief Economist of the African Development Bank (AfDB) finds that for sustained and inclusive development to thrive, a great deal of innovation is needed to ensure that appro
Urgent measures to save elephants in Africa adopted at Bostwana summit
09-Dec-2013 - Over the last two decades, wildlife crime has developed into a multi-billion-dollar industry and is now considered to be the fifth largest international criminal activity after narcotics, counterfeiting, illicit trafficking of humans and oil. In September 2012, the African Development Bank attended the International Union for Conservation of Nature (IUCN) World Conservation Congress in Korea that called for a high-level meeting on African elephants. The Bank considers wildlife trafficking and elephant poaching as not just an environmental...AFMI announces launch of revamped website
09-Dec-2013 - The African Financial Markets Initiative (AFMI), managed by the African Development Bank (AfDB), on Monday, December 9 announced the official launch of the redesigned AFMI website: www.africanbondmarkets.org . The website displays new features including a mobile-friendly interface. AFMI also used the occasion to launch the inaugural edition of the AFMI newsletter, The African Bond Market Review.The Republic of Turkey Joins African Development Bank Group
09-Dec-2013 - The Republic of Turkey participated in the African Development Bank Group’s Board Meetings for the first time last week in Tunis, following the country’s admission as the 26th State Participant in the African Development Fund and the 78th Member State of the African Development Bank.