17-May-2007 - The Annual Meetings of the African Development Bank (ADB) Group ended on Thursday in Shanghai, China with the Board of Governors endorsing the main thrust of the Bank’s vision, and taking note of a visible improvement in the Bank’s approach to development issues in regional member countries.
The governors welcomed ongoing institutional reforms aimed at enhancing the Bank’s operational efficiency as well as its capacity to effectively and efficiently meet the needs and expectations of its borrowing members.
17-May-2007 - A Landmark in Africa-Asia Cooperation
Shanghai, China, 17 May 2007 – The African Development Bank (AfDB) Group concluded its 2007 Annual Meetings on Thursday in Shanghai, after a meticulous review of the activities and the adoption of the Annual Reports of the three loan windows of the Group and statements for the financial year ended 31 December 2006.
17-May-2007 - The African Development Bank (AfDB) Group President, Donald Kaberuka, was on May 22, 2007, received in audience by Cameroon’s President, Paul Biya.
Mr. Kaberuka used the occasion to inaugurate the Bank’s new regional office in Cameroon and later announced a CFAF 22 billion grant to the Central African country to finance the Limbe shipyard project. The opening of an office in Yaoundé falls within the framework of institutional reforms at the Bank.
16-May-2007 - Calls for Wider Sino-African Cooperation
Shanghai, China, 15 May 2007 – The 42nd Annual Meetings of the Board of Governors of the African Development Bank (AfDB) and the 33rd Annual Meetings of the Board of Governors of the African Development Fund (ADF), opened on Wednesday in Shanghai, China, with calls for wider and mutually beneficial cooperation between Africa and China on the one hand and Africa and Asia on the other hand.
15-May-2007 - The African Development Bank (AfDB) Group on Monday presented its 2006 financial results to participants of its Annual Meetings in Shanghai, China. Speaking on the occasion, Bank Group Vice President for Finance, Thierry de Longuemar, indicated that loans and grants from the non-concessional ADB window increased by 20.3% in 2006, while policy-based lending and private sector operations rose by 178% and 55% respectively.
15-May-2007 - Shanghai, China, 14 May 2007 – The African Development Bank (AfDB) Group achieved excellent operational and financial results in 2006, with overall loans and grants approvals by the Group increasing to US$ 3.9 billion from US$ 3.3 billion in 2005.
15-May-2007 - A ministerial roundtable opened on Tuesday in Shanghai, venue of the African Development Bank Group’s Annual Meetings, to enable ministers, development experts and key private sector players to exchange perspectives. The theme of the roundtable, which was opened by Bank Group President, Donald Kaberuka, was "Africa-Asia: Partners in Development."
14-May-2007 - Shanghai, 12 May 2007 – The Shanghai International Convention Center has been a bee-hive of activity as China’s business hub and economic capital prepares to host the Annual Meetings of the African Development Bank (AfDB) Group on 16-17 May 2007.
14-May-2007 - Africa’s economic growth in 2006 was well above the long-term trend for the fourth consecutive year, and is expected to accelerate in 2007, says AfDB-OECD Report
Shanghai, 13 May 2007 – Africa has experienced its highest economic growth in the last two decades, with the GDP growth rate, which averaged about 5 percent annually in the past six years, rising to 5.5 percent in 2006, and is expected to reach 6 percent in 2007, according to a new major report by the African Development Bank and the OECD released in Shanghai on Sunday.
24-Apr-2007 - The U.S. Agency for International Development (USAID) and the World Bank Group recently in Washington DC honored the African Development Bank Group President and Rwanda’s Former Minister of Finance, Donald Kaberuka, for helping to introduce reforms in the business environment while he was leading his country’s ministry of finance.
19-Apr-2007 - The African Development Bank Group last week unveiled its strategy on higher education, science and technology for the continent in Accra, Ghana, where it organized a workshop on higher education, science and technology in collaboration with the Association of African Universities (AAU).
04-Apr-2007 - From 11 to 18 May 2007, Shanghai, China - The African Development Bank Group’s 2007 Annual Meetings will take place in Shanghai, China, from May 16-17. China is one of the 24 Non-Regional Members of the Bank and only the second to host the Annual Meetings after Spain in 2001. The 42nd Annual Meetings of the Board of Governors of the African Development Bank and the 33rd Meetings of the Board of the African Development Fund are being held after a major Sino-African Summit in Beijing in November 2006.
03-Apr-2007 - President Donald Kaberuka was last week on an official visit to Equatorial Guinea where he was received in audience by President Teodoro Obiang Nguema Mbasogo, and Prime Minister Ricardo Mangué Obama Nfubea. Mr.
02-Apr-2007 - The African Development Bank (ADB) Group is organizing a workshop on a strategy on higher education, science and technology in Accra, Ghana from April 12-13, 2007. The two-day event seeks to update participants on the Bank Group’s renewed and committed interest in strengthening higher education, science, technology, research and innovation in Africa. The event, which will serve as a venue for the presentation of the Bank Group’s strategy on higher education, science and technology, will enable the institution to solicit views from experts and...
14-Mar-2007 -
Multilateral Development Banks urged public and private institutions to work together more closely to meet future energy needs and combat climate change. "Only in the context of a genuine public-private partnership can we create the conditions for investments that will meet the world’s demands for energy in an environmentally sustainable way", the heads of the MDBs and the International Monetary Fund said on Tuesday.
15-Feb-2007 - AfDB, World Bank Experts Reach Common Grounds on Extractive Industry
Tunis, 13 February 2007 – A two-day Experience-Sharing meeting of African Development Bank and World Bank experts on the Extractive Industries (EI) in Africa came to a close on Tuesday in Tunis, after both sides identified key EI areas where they will collaborate for the benefit of all stakeholders in the industry.
12-Feb-2007 - Tunis, 8 February 2007 – African Development Bank Group and World Bank experts will begin a two-day meeting on Monday in Tunis to exchange ideas on how to encourage transparency and equity for the benefit of stakeholders in the extractive industries. The meeting which is being organized by the ADB Governance and Economic & Financial Reform Department (OSGE) will cover activities and experiences in the areas of oil, gas, and mining and focus on building partnership among the two Banks.
12-Feb-2007 - Denmark, France and the Netherlands support AfDB to improve Water Supply and Sanitation access in rural Africa Tunis, 7
February 2007 –The African Development Bank (AfDB) recently hosted the First Rural Water Supply and Sanitation Initiative Multi-donor Trust Fund (RWSSI Trust Fund) Steering Committee, that brought together donors from Denmark, France and the Netherlands, as well as AfDB representatives for discussion and validation of the Fund’s Indicative Budget, strategy and operations in selected African countries for the year 2007.
