The 2018 Annual Meetings of the African Development Bank Group will be held on May 21-25, 2018 in Busan, Korea. Find out more
30/04/2018 - Rehema Tukai grew up in Kondoa and works in Dodoma, Tanzania’s capital city. Until now, visiting her family in Kondoa involved a five-hour journey along a bumpy and dusty road. Thanks to a new road co-funded by the African Development Bank, it takes her a little over one hour to travel the same distance.
30/04/2018 - The Board of Directors of the African Development Bank (AfDB) has affirmed cognizance of the strategic role of sustainable procurement and governance and has approved the Policy paper entitled: Mutual Reliance for procurement in joint co-financed public sector operations between African Development Bank and European Investment Bank
Categories: Economic & Financial Governance
27/04/2018 - The African Development Bank’s Deputy Director General for East Africa, Nnenna Nwabufo, represented the institution at the launch of the Say No to Famine – Short-Term Regional Emergency Response Project (STRERP) for Somalia.
26/04/2018 - At a national event at Jamhuri Stadium in Tanzania’s capital, Dodoma, marking the 54th anniversary of the United Republic of Tanzania – the union of the Republic of Tanganyika and the People’s Republic of Zanzibar – Tanzania’s President John Pombe Magufuli praised the African Development Bank for financing projects that have had a transformative impact in his country.
26/04/2018 - Harnessing the Demographic Dividend through Investments in the Youth, the African Forum on Youth Skills and Enterprises in the Digital Age, which took place April 18-19 in Tunis, made a major recommendation: Ensure that Africa’s youth have the relevant, appropriate digital skills from a very early age as they prepare for the jobs of the future.
24/04/2018 - The substantial oil and gas resources on the African continent have the potential to catalyze and accelerate economic growth, if used strategically. In light of changing technologies and policies and the nature of the international oil and gas industry, appropriate development strategies are not always evident.
24/04/2018 - The President of the Republic of Cameroon, Paul Biya, ratified the agreement to establish the African Legal Support Facility (ALSF) on April 13, 2018 in the presence of his cabinet. Cameroon is the 25th Member State to ratify the treaty.
24/04/2018 - On the occasion of World Malaria Day 2018, April 25, the African Development Bank has released Money and Mosquitoes: The Economics of Malaria in an Age of declining Aid. Authors include Harvard University’s Nobel laureate economist Eric Maskin; African Development Bank Group Vice-President for Economic Governance and Knowledge Management, Célestin Monga; Josselin Thuilliez of the French National Centre for Scientific Research, and Jean-Claude Berthélémy, Professor of Economics at the University of Paris 1 – Panthéon-Sorbonne and Corresponding Member of the Institut de France.
24/04/2018 - Rapid technological progress provides a golden opportunity for emerging and developing economies to grow faster and attain higher levels of prosperity. However, some disruptive technologies could displace human labour, widen income inequality and contribute to greater informality in the workforce. Tapping new technologies in a way that maximizes benefits, mitigates adverse effects and shares benefits among all citizens will require public-private cooperation and smart public policy.
20/04/2018 - Seven Multilateral Development Banks (MDBs) launched a new platform to enhance their collaboration on economic migration and forced displacement today on the margins of the IMF-World Bank Group Spring Meetings. The platform will advance strategic dialogue and operational coordination to maximize the impact of MDBs’ growing engagement in these two areas.