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African Economic Conference 2013 to debate the continent’s development effectiveness through Regional Integration in Africa
11-Oct-2013 - “Regional Integration in Africa”, is the theme of the African Economic Conference (AEC) 2013 which will be jointly organized by the African Development Bank (AfDB), the Economic Commission for Africa and the United Nations Development Program in Johannesburg, South Africa, from October 28 to 30, 2013.World Bank / IMF Annual Meetings: AfDB Launches Consultations on its New Governance Strategy in Washington, DC
11-Oct-2013 - The African Development Bank (AfDB) is launching on 12 October, 2013 in Washington DC, on the sidelines of the World Bank/IMF annual general meeting, a series of broad consultations on its new Governance Strategy for 2014-2018. AfDB’s key stakeholders will discuss how to further improve this strategy in terms of its strategic orientation and relevance in addressing Africa’s key governance challenges. The meeting will also be an opportunity for development partners to discuss how best to work together in addressing governance challenges on the...AfDB Supports COMESA-EAC-SADC Tripartite Capacity Building Programme
11-Oct-2013 - The Board of Directors of the African Development Bank Group on Wednesday, October 9, 2013, approved a grant of US $7.5 million to finance the COMESA-EAC-SADC Tripartite Capacity Building Programme (TCBP). The programme will provide technical assistance to the three regional Economic communities (RECs) and the 26 Tripartite Regional Member-Countries (RMCs) with a view of increasing intra-Tripartite trade. It will enhance the Tripartite negotiation process, develop trade facilitation instruments and industrial cluster action plans in the...AfDB Supports Public Finance Management Reforms in Malawi
10-Oct-2013 - The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, approved on 9 October 2013,a grant amounting to UA 2.98 million (about US$ 4.6 million), to finance the Public Finance Management (PFM) Institutional Support Project in Malawi. The grant will support the Government of Malawi in implementing its five-year Public Finance and Economic Management Reform Program (PFEMRP).AfDB Approves €15 Million General Budget Support Loan for Cape Verde
10-Oct-2013 - The Board of Directors of the African Development Bank Group on Wednesday, October 9, 2013 approved a €15-million general budget support loan for Cape Verde, to help the country finance its Public Corporate Governance and Investment Promotion Support Programme (PAGEPPI). The Programme aims to help Cape Verde to consolidate its macroeconomic framework and foster growth by improving public corporate governance in State-owned enterprises and promoting private investment.La BAD réceptionne l’immeuble CCIA devant abriter une partie de son personnel à Abidjan
10-Oct-2013 - La vice-présidente, chargée des Services institutionnels de la Banque africaine de développement (BAD, Sue Wardell, a reçu symboliquement le 9 octobre, à Abidjan, les clés de l’immeuble CCIA devant abriter une partie du personnel de l’institution. Les clés ont été remis par le ministre ivoirien de l’intérieur et de la sécurité, Hamed Bakayoko. C’était dans le cadre de la mise en œuvre de la feuille de route pour le retour de la Banque africaine de développement (BAD) à son siège.Burkina Faso Receives US $50.66 Million Grant for Drainage of Ouagadougou Districts
10-Oct-2013 - Burkina Faso will receive a US $50.66 million (UA 33.02 million) grant to finance a drainage and solid waste management project in the outlying districts of Ouagadougou. The sub-project was approved by the African Development Bank Group on Wednesday, October 9, 2013 in Tunis. Based on studies conducted by the African Water Facility in 2012, the sub-project aims to tackle drainage and solid waste management issues, and constitutes the backbone of all future operations in the sector.Mali to Receive US $75.5 Million Soft Loan to Finance a Drinking Water Supply Project in Bamako
10-Oct-2013 - The African Development Bank Group approved on Wednesday, October 9 a US $75.5 million (UA 50 million) soft loan for Mali to help the country finance a drinking water supply project in Bamako. The project aims to produce an additional 144, 000 cubic metres of drinking water per day from Kabala locality to be supplied to the capital, Bamako. This volume of water represents 68% of current production. Bamako’s current rate of access to drinking water is estimated at 36%.Ethiopia: A socio-economic success story
10-Oct-2013 - One of the success stories of Africa today is the socio-economic turnaround of a number of countries over the past decade, including Ethiopia, according to a recent African Development Bank publication entitled “AfDB and Ethiopia - Partnering for Inclusive Growth”.AfDB mobilizes USD 8.93 million of adaptation finance from the Global Environment Facility for Togo
09-Oct-2013 - The Council of the Least Developed Countries Fund (LDCF) hosted by the Global Environment Facility has approved on September 20, 2013 a project aiming at strengthening climate resilience of infrastructure in coastal areas in Togo through a grant of USD 8.93 million.First Call for Proposals of Africa Trade Fund
09-Oct-2013 - The African Development Bank Group (AfDB) is pleased to announce the first call for proposals of the Africa Trade Fund (AfTra). Award amounts shall range from 50,000 USD to 1,000,000 USD per project.La BAD finance une étude pour l’amélioration de l’accès à l’énergie électrique au Tchad et au Cameroun
09-Oct-2013 - Le Conseil d’administration du Groupe de la Banque africaine de développement (BAD) a approuvé le 7 octobre à Tunis le financement par le Fonds africain de développement (FAD) de l’étude du projet d’interconnexion des réseaux électriques du Cameroun et du Tchad. Le projet vise la réalisation d’une ligne de transport électrique de 700 km entre Ngaoundéré, Maroua (Cameroun) et Ndjamena (Tchad), d’une bretelle de 250 km entre Maroua (Cameroun), Mogrom et Ndjamena (Tchad), et d’un programme d’électrification rurale le long de chaque couloir de...Regional integration key to the development of South Sudan
09-Oct-2013 - In July 2011, South Sudan became the world’s newest country, following a long-awaited referendum on independence. With the support of various civil society leaders, national and international non-profits, as well as the United Nations Peacekeeping Mission, South Sudan is building itself and its institutions.