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Development Banks Agree New Partnership for Climate Action in Cities
05-Dec-2011 - Five Multilateral Development Banks, who are lending some $8.4 billion annually for climate action in cities, agreed today on a new partnership to combat global warming. With the overall aim to better coordinate and deepen support to cities in adapting to and mitigating climate change, the African Development Bank, Asian Development Bank, European Bank for Reconstruction and Development, Inter-American Development Bank, and the World Bank have agreed to work more closely to develop common tools and metrics for cities.
Hidden Lands: Ensuring Transparency in Acquisition and Allocation
05-Dec-2011 - Managing land acquisitions and the interest of local communities Land carries a powerful emotive charge in Africa. So while some welcome opportunities presented by foreign direct investment in African land, others are alarmed by a new “scramble” for post-colonial, post-independence Africa.
Mali Shows Way in Fighting Hunger Caused by Climate Change
05-Dec-2011 - Climate change affects agriculture in Africa more than in the rest of the world and that can cause hunger in various countries there. But it is possible for governments to fight the problem, delegates at the climate change conference, COP 17, in Durban heard. An example is the West African country of Mali, which ranks as one of the countries most vulnerable to climate-related hunger, even though the country’s carbon emissions are minimal.
Africa is Losing its Deforestation Battle and Action Needed, Say Experts
05-Dec-2011 - The UN-based fund that helps compensate developing countries combat deforestation should start fighting the causes as well as the effects. That was one of the main recommendations from forestry experts who gathered at the climate change conference, COP 17, in Durban. The discussion mainly focused on deforestation in Africa, particularly in the Congo Basin, which has the second largest rainforest after South America.
Climate Change Talks Centre on Solutions for Africa’s Farmers
02-Dec-2011 - “When is it going to rain again?” That seems to be the question being asked all over Africa. Irrigation levels are low, particularly in sub-Saharan Africa where less than four percent of cropland is irrigated, which means farmers tend to go for rainfed agriculture. This compares to 40 percent irrigation in south Asia, which is the world’s next poorest region after Africa, and 18 percent globally.New AfDB report shows big variations on poverty in North Africa
01-Dec-2011 - The low absolute poverty rate in North African countries is often used to demonstrate the strengths of the economic models of these countries. However, measuring poverty at the level of the nation often masks important variations in regional poverty rates.African Development Bank Marks 2011 World AIDS Day
01-Dec-2011 - This year’s global theme for the commemoration of World AIDS Day “Getting to Zero – Zero New HIV Infections, Zero Discrimination and Zero AIDS related deaths” has a deeper meaning for Africa, a continent which unfortunately still bears the largest burden of the pandemic.
AfDB puts water on top table at climate change forum in Durban
01-Dec-2011 - African Development Bank (AfDB) experts stressed the severity of the impact of climate change on water resources in Africa and the importance of putting water at the center of climate negotiations, at a discussion held during the COP 17 climate conference in Durban. The experts said that climate change is being felt mostly in water-related natural phenomena, and Africa, they reported, is the continent that is most vulnerable to changes in weather patterns affecting water resources because of the low adaptive capacity.
Making development assistance more transparent
30-Nov-2011 - By Donald Kaberuka This week, an important global event is taking place in Busan, South Korea – The 4th High-Level Forum on Aid Effectiveness. The aim is to search for a new consensus on development cooperation. And it is fitting that the conference takes place in a country that was at one time aid dependent and now has graduated to a member of the G20.AfDB says fighting corruption and poverty in Africa go together
30-Nov-2011 - Cutting corruption and reducing poverty in Africa go hand-in-hand, the African Development Bank (AfDB) maintained at an anti-corruption meeting recently in Namibia. At the Ninth Southern Africa Forum Against Corruption (SAFAC) Annual General Meeting in Windhoek from 7 to 9 November 2011, Jacob Mukete, from the AfDB’s Governance, Economic and Financial Reforms Department, noted that the Bank’s efforts to reduce poverty in Africa could only yield fruitful results if corruption is reduced.
Zuma, others Launch Africa Pavilion at UN Climate Change Conference
30-Nov-2011 - Three African leaders yesterday launched the Africa Pavilion at the UN Climate Change Conference in Durban, South Africa. The conference, also known more technically as the Seventeenth Conference of Parties to the United Nations Framework Convention on Climate Change (UNFCCC), runs from 28 November through 9 December.AfDB, Côte d’Ivoire sign revised AfDB headquarters agreement
29-Nov-2011 - Donald Kaberuka, President of the African Development Bank (AfDB), concluded an official two-day visit to Côte d’Ivoire today. The AfDB chief executive and Daniel Kablan Duncan, Minister of State and Minister of Foreign Affairs of Côte d’Ivoire, signed a revised Headquarters Agreement of the AfDB in Abidjan.Tanzania report wins top prize at AfDB's Evaluation Week
29-Nov-2011 - The Dar es Salaam water supply and sanitation project completion report (PCR) has won an Award for Best Project Completion Report from the African Development Bank (AfDB). The award ceremony took place on 24 November 2011 in Tunis, to mark the end of the AfDB's Evaluation Week, organized by the Operations evaluation department (OPEV).First edition of Emerging Issues Series focuses on how Africa is coping with global uncertainty
29-Nov-2011 - Over just one year, a series of events – ranging from the Arab Spring to the European debt crisis and growing food insecurity, particularly in the Horn of Africa – has focused attention on the fragility of the global economic system. An awareness of risk, and risk management, is now increasingly viewed as a prerequisite for sustainable and inclusive growth. Indeed, inaction on these and other long-term risks such as climate change could not only derail the long-term sustainability of global economies but also weaken their capacity to meet...
Moufida Jaballah Srarfi elected chair of African Legal Support Facility
29-Nov-2011 - Facility also grants USD 700,000 to Rwanda for energy and mining sectors The new management board of the African Legal Support Facility (ALSF) held its first talks on the key roles, actions and strategy of the facility on 23 and 24 November 2011 in Tunis. In terms of specific projects, the board considered Rwanda which had approached the facility for capacity-building support and in the negotiations involving energy and mining concession agreements. The management board concluded its fifth ordinary meeting with the following decisions:
AfDB and IMF organize training on balance of payments for statisticians
25-Nov-2011 - A seminar on ‘Balance of Payments and International Investment Position Statistics’, organized b the African Development Institute and the IMF’s statistic department began in Tunis on 21 November 2011 and will run until 2 December. The course provides training on the methodology for collecting and compiling balance of payments and international investment position statistics based on the sixth edition of the IMF's Balance of Payments Manual.ACBF-AfDB: Amendment to the Memorandum of Understanding on the African Governance Outlook
25-Nov-2011 - On 11 November 2011, the African Development Bank made further progress in its collaboration the African Capacity Building Foundation (ACBF) on financial governance This took the form of signing an amendment on the Memorandum of Understanding between the two parties, originally signed in December 2010. That event began the work of implementing the African Governance Outlook (AGO) in ten pilot countries.Domestic Resource Mobilization for Poverty Reduction in East Africa: Lessons for Tax Policy and Administration
25-Nov-2011 - Successful implementation of Poverty Reduction Strategy Papers (PRSPs) and National Development Plans (NDPs) depends on effective resource mobilisation and utilisation. In recent years, development aid has been crucial in filling the financing gap. However, on-going global financial uncertainty is likely to lead to reduced aid and unpredictable private capital flows to Africa.