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AfDB Hosts a Workshop to Boost Local Currency Bond Market Development in Africa
24-Oct-2012 - The African Financial Markets Initiative (AFMI), managed by the African Development Bank (AfDB), hosted a Pan-African Stakeholder Workshop from October 22 to 24, 2012, at the Ramada Plaza Hotel in Tunis. The workshop offered a unique opportunity for policymakers and market participants to share experiences and contribute to discussions on critical issues facing the development of local currency bond markets in Africa.Liberia and Tanzania Scope Out CIF-Funded Renewable Energy Transformation Potential
24-Oct-2012 - In September, the Governments of Liberia and Tanzania opened their doors to officials of the Climate Investment Funds (CIF) and its implementing partners, including the AfDB, to begin exploring development of investment plans under the CIF’s Program for Scaling Up Renewable Energy in Low Income Countries (SREP).AfDB Approves Climate Resilience Plans in Niger and Mozambique
24-Oct-2012 - In September 2012, the Board of Directors of the African Development Bank has approved three path-breaking projects for climate resilience funded by the Climate Investment Funds (CIF) and AfDB for a total of $50.75 million. The three projects – two in Niger and one in Mozambique aim to strengthen their populations’ resilience to climate change by improving hydrometeorological methods, mobilizing water resources to boost food production, and climate-proof agricultural supply chains. The three projects are funded under the CIF Pilot Program for...South Africa - A Multi-Stakeholder Consultation on the AfDB’s Human Capital Development Strategy 2013-2017
24-Oct-2012 - The African Development Bank is organizing a Multi-Stakeholder Consultation Meeting on its draft Human Capital Development Strategy (2013-2017) in Pretoria, South Africa on 22 and 23 October 2012. Around 100 participants are expected from 12 Southern African countries: Botswana, Lesotho , Malawi, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Zambia, Zimbabwe, Rwanda and Nigeria.
Africa Challenged to Harness Natural Resources for Inclusive Growth
23-Oct-2012 - The 8th African Development Forum (AFD VIII) opened in Addis Ababa, Ethiopia, on Monday with a call on African countries to harness their huge natural resources for the benefit of their growing populations. Addressing participants at the opening ceremony, the African Development Bank (AfDB) Group Operations Vice President, Aly Abou-Sabba, noted that Africa was now in a position where it should be using its natural resources for accelerated wealth creation to bring about socio-economic transformation.
Increase Investments in ICT
23-Oct-2012 - Accelerated growth on the continent lies with increased investments in ICT infrastructure. According to Gabriel Negatu, the Director in charge of EARC, there are many new innovations in the field of ICT whose growth is hampered by dearth of capital.African Leaders, Academics to Debate Economic Transformation and Empowerment at African Economic Conference 2012
23-Oct-2012 - Hundreds of leaders and scholars from Africa and around the world will gather in Kigali, Rwanda, from October 30 to November 2 to debate the continent’s prospects for sustainable and inclusive growth in the context of the international economic crisis.Essay Contest to Mark the 25th Anniversary of the Operations Evaluation Department of the AfDB
23-Oct-2012 - Background To commemorate its 25th anniversary, the Operations Evaluation Department (OPEV) of the African Development Bank (AfDB) is launching an essay contest on evaluation in Africa. The top three winners will receive both financial and non-financial prizes as described below. The winner of the 2012 competition will receive a prize during the upcoming 2012 AfDB Evaluation Week, which will take place in Tunis, Tunisia, from December 3 to 6, 2012. The theme of the week is “Evaluation Matters for Development in Africa”.
AfDB Long-Term Strategy to Feature at African Development Forum
22-Oct-2012 - Experts and management of the African Development Bank Group are geared up for the eighth African Development Forum (AFD VIII) to be held in Addis Ababa, Ethiopia, from October 23-25 on the theme “Governing and Harnessing Natural Resources for Africa’s Development.”Dialogue on Natural Resources Management in Africa in Addis Ababa
22-Oct-2012 - Coalition for Dialogue on Africa (CoDA), the Initiative for African Land Policy (LPI) and Section Support to the Peer Review Mechanism (APRM) of the ECA will organize a day of dialogue on natural resources management in Africa on October 22, 2012, in Addis Ababa (Ethiopia). Entitled: "optimizing state-society dialogue for better natural resources management in Africa," the meeting will be opened by the CoDA Board Chairperson, Festus Mogae, former head of state of Botswana.African Financial Markets Initiative: “Building sustainable local currency bond markets for the future”
21-Oct-2012 - In today’s multifaceted economies, African economies will largely depend on sustainable local currency bond markets to function efficiently. With this need, local currency bond market development has taken center stage as a key focal aspect of economic growth.Structural Change Key to Tackling Problem of Youth Unemployment in Africa
18-Oct-2012 - The Office of the Chief Economist of the African Development Bank released a working paper this month on the pressing issue of youth employment in Africa, entitled “Youth, Jobs, and Structural Change: Confronting Africa’s ‘Employment Problem’".La BAD soutient les réformes économiques et financières au Bénin, pour 24 milliards de Francs CFA
18-Oct-2012 - La Banque africaine de développement et le gouvernement du Bénin ont signé, mercredi 17 octobre 2012 à Tunis, un accord de prêt de 24 milliards de Francs CFA, en appui à la mise en œuvre des réformes économiques et financières du pays.AfDB’s “CIF in Action” Highlights Work Behind US $977-million Investment in Africa’s Low Carbon, Climate Resilient Development
18-Oct-2012 - The African Development Bank’s “CIF in Action” is a semi-annual repoFrance - Conférence-débat sur la Stratégie de Développement du Capital humain 2013-2017 de la BAD
18-Oct-2012 - La Banque Africaine de Développement (BAD) organise, en collaboration avec l’Université de Nice Sophia Antipolis et l’Institut Supérieur d’Economie et Management, une conférence-débat sur la stratégie de développement du capital humain 2013-1017 de la Banque.
AfDB and the International Day for the Eradication of Poverty
17-Oct-2012 - The African Development Bank Group today joined the international community in commemorating the International Day for the Eradication of Poverty. The occasion presents an opportunity to take stock of the progress made in achieving the objectives of the Millennium Development Goals by 2015. According to the United Nations, more than one billion people are still living in poverty, deprived of their rights to food, education and health.AfDB Joins Development Partners in Support of Agricultural Cooperatives on World Food Day 2012
16-Oct-2012 - The African Development Bank joins its development partners and member countries today in celebrating World Food Day 2012. The official World Food Day theme, announced each spring by the Food and Agriculture Organization of the United Nations (FAO), gives focus to World Food Day observances and raises awareness and understanding of approaches to ending hunger.