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Regional Integration, the Key to Transforming West African Economies
04-Jun-2013 - Ministers, parliamentarians and investors met at the 48th Annual Meetings of the African Development Bank held in Marrakech, Morocco, recently to discuss the transformation of West African economies.Africa’s Top Bankers Honoured at a Star-studded Evening in Marrakech During the African Development Bank Annual Meetings
03-Jun-2013 - The President of the African Development Bank, Donald Kaberuka, received an exclusive prize given by Ozwald Boateng’s Made in Africa Foundation at the biggest-ever African Banker Awards ceremony on May 29 during the Bank’s Annual Meetings in Marrakech.AfDB Governors Announce Bank’s Return to its Headquarters in Abidjan
31-May-2013 - The Boards of Governors of the African Development Bank (AfDB) and of the African Development Fund (ADF) announced the return of the AfDB to its headquarters in Abidjan, Côte d’Ivoire, during the Bank’s Annual Meetings held in Marrakech (Morocco) from 27th to 31st May 2013. This decision follows the approval of the roadmap prepared by Bank’s management for the return of the institution to Côte d’Ivoire.International Award Recognizes Innovative Use of Development Aid in Africa
31-May-2013 - The African Guarantee Fund (AGF), which was established as part of the Danish Africa Commission in 2008, was last night awarded the African Banker Awards 2013 in the category of “Financial Inclusion”. The prize was awarded during the annual meeting of the African Development Bank in Marrakech, Morocco.The AfDB and Morocco sign an agreement for the use of national procurement procedures
31-May-2013 - The issues linked to the use of country systems in the domain of procurement procedures have occupied an important place in exchanges between Morocco and the African Development Bank Group (AfDB) in Marrakesh, Morocco. On the sidelines of the Annual Meetings proceedings, the two partners signed on May 31 an agreement protocol for the use of Moroccan procedures for procurement in the context of the implementation of projects financed by the AfDB.Sustainable Energy for All Initiative’s Africa Hub Launched
31-May-2013 - President Donald Kaberuka launched on Friday, May 31, in Marrakech, during the Annual Meetings of the African Development Bank, the Sustainable Energy for All Initiative’s Africa Hub, in a partnership with the United Nations and the Danish and American Governments.AfDB President Kaberuka Highlights Africa’s Emergence in New Global Economic Climate but Stresses Infrastructure and Skills Gap
31-May-2013 - The President of the African Development Bank (AfDB), Donald Kaberuka, has told delegates at the AfDB Annual Meetings in Marrakesh, Morocco, that while Africa is booming, more investments in infrastructure and in skills are needed to transform the continent’s economies.AfDB supports the modernization of the Moroccan debt management framework
31-May-2013 - The African Development Bank Group (AfDB) has granted 619,869 euro to Morocco to finance the modernization of the country’s debt management framework. The donation agreement was signed on Friday, May 31, 2013 in Marrakesh, on the sidelines of the AfDB’s Annual Meetings. Highlighting the quality of relations between the AfDB and Morocco, the Vice-President in charge of Sector Operations, Aly Abou-Sabaa, noted the efforts employed by the country’s authorities regarding the preparation of the project.2nd Making Finance Work for Africa Advisory Council Meeting
31-May-2013 - Shapers of Africa’s financial sector development gathered this year at the Annual Meetings of the African Development Bank Group held in Marrakech, Morocco, from May 27-31.Human capital at the service of African development
31-May-2013 - The strong growth of the African population constitutes an asset for the continent if governments implement efficient policies regarding education and growth that can turn into decent jobs. That was the conclusion of a meeting which took place on May 28, 2013 in Marrakech, in the context of the African Development Bank’s (AfDB) Annual Meetings under the theme “Demographic Dividend or Time Bomb?”Visa Requirements in Africa Hamper Trade and Job Creation, Concludes Panel at the African Development Bank Annual Meetings
31-May-2013 - “Africa is one of the regions in the world with the highest visa requirements. Visa restrictions imply missed economic opportunities for intra-regional trade and for the local service economy such as tourism, cross-country medical services or education.” – Professor Mthuli Ncube, Chief Economist and Vice-President of the African Development Bank.How Should African Cities Look in the Future?
31-May-2013 - How to tackle the rapid urbanization of African cities was the main question discussed at the seminar titled “Africa’s Cities and Sustainability”. Held during the African Development Bank Annual Meetings in Marrakech, Morocco on May 28, the workshop brought together figures from Washington, DC to Nairobi.Social Business, a development model for Africa
31-May-2013 - Nobel laureate Professor Muhammad Yunus shared his vision of social business development and explained what this model can bring to the development of Africa, during a May 31 discussion on social business at the 48th Annual Meetings of the African Development Bank (AfDB) in Marrakesh, Morocco.AfDB commits to strengthening dialogue with African Civil Society Organizations
31-May-2013 - “To strengthen the collaboration between the African Development Bank (AfDB) and the African Civil Society Organizations (CSOs): issues and options.” This was the theme of a discussion on the role of the Bank and CSOs during the Bank’s Annual Meetings in Marrakech.Au Revoir Marrakech: Curtain Falls on AfDB 2013 Annual Meetings
31-May-2013 - Governors Endorse AfDB’s Return to headquarters in Abidjan; Approves Ten-Year Strategy 2013-2022 Kigali, Abidjan and Lusaka to Host 2014, 2015 and 2016 AMs, respectively.Civil society plays a crucial role in the improvement of social services in Africa
31-May-2013 - African Governments dedicate a big share of current public expenditure – between 40 per cent and 60 per cent – to education, health and social protection. Nevertheless, the greatest part of the budget devoted to human development is not reflected in benefits for the poor.AfDB Signs US$400M Risk Participation Facility with Standard Chartered to Support Trade Flows of Approximately US$3.6 Billion in Africa
31-May-2013 - The African Development Bank (“AfDB”) and Standard Chartered Bank (“Standard Chartered”) today signed a US$400 million Risk Participation Agreement that will provide significant trade finance support for imports and exports across vital economic sectors including agriculture and food to corporate and financial institution clients in Africa.The development of the African banking sector involves more competition and a strategy focused on the consumer
31-May-2013 - Competition in the African financial sector needs a boost. This is the imperative at the core of Financing Africa: Through the Crisis and Beyond, a joint publication by the African Development Bank (AfDB) and the World Bank, presented on May 29, 2013 in Marrakesh, during a session entitled “Maghreb Financial Sector Dialogue”, which took place on the sidelines of the AfDB’s 48th Annual meetings.AfDB President Receives Made in Africa Foundation Award for His Efforts to Transform the Continent
31-May-2013 - The President of the African Development Bank, Donald Kaberuka, received on Wednesday evening in Marrakech the “Made in Africa Foundation Special Recognition Award”, which took place during the African Banker Awards at the Taj Palace Hotel.