Press Releases
Displaying 4421 - 4440 of 5333
AfDB Emphasizes Inclusive Growth in North Africa
25-May-2011 - The African Development Bank (AfDB) Group has published an annual report for North Africa which highlights the importance of inclusive growth following recent changes in the region. Morocco, Egypt, Tunisia and Algeria are among the highest beneficiaries of AfDB operations.The African Development Bank Strengthens Biodiversity Preservation
23-May-2011 - Conservation experts from the African Development Bank, development agencies, civil society, and regional governments met in Tunis, Tunisia on May 17-18, 2011 to identify and share trends and experiences to strengthen biodiversity conservation in Africa.
AfDB Annual Meetings to Focus on Shared and Inclusive Growth
20-May-2011 - The African Development Bank (AfDB) Group holds it 2011 Annual Meetings in Lisbon, Portugal from 9-10 June 2011, with the participation of finance ministers, central bank governors and CEOs from the institution’s 77 member countries. The meetings, on the theme “Towards an Agenda for Inclusive Growth in Africa,” will review the Bank’s 2010 operations and its 2012 development funding portfolio, as well as challenges facing the African region in key areas such as climate change, infrastructure, private sector and governance.South Sudan Seeks AfDB Membership
20-May-2011 - Tunis, 20 May, 2011 - The Government of Southern Sudan has formally applied for membership in the African Development Bank (AfDB) Group. The territory’s finance and economic planning minister, David Deng Athorbei, urged the institution to expedite action on the membership process, building on the positive and ongoing role the Bank Group is playing in South Sudan.AfDB, IFC, FMO Invest €66 Million in Dibamba Power Company in Cameroon
19-May-2011 - Tunis/Washington/The Hague, May 17, 2011 --- The African Development Bank (AfDB) Group, the Interntional Finance Corporation (IFC)-a member of the World Bank Group), and the Netherlands Development Finance Company (FMO), are investing €66 million in the Dibamba Power Development Company to help it build an 86-megawatt powerplant that will ensure reliable electricity supply and improve energy security in Cameroon. The Dibamba Power Development Company is a subsidiary of the AES Corporation in which the government has 44 percent stake..AfDB Boards of Directors approve Mid-Term Review of the Group’s Medium-Term Strategy
19-May-2011 - The Boards of Directors of the African Development Bank Group (AfDB), on 18 May 2011, approved the Mid-Term Review of the Bank’s Medium-Term Strategy (MTS) for 2008-2012. The Review’s aim is to evaluate progress against the objectives contained in the MTS, and to initiate consideration of a longer-term strategy beyond 2012.AfDB Approves €150 Million Loan to Kalagadi Industrial and beneficiation project in South Africa
19-May-2011 - Tunis, 18 May 2011 - The Board of Directors of the African Development Bank (AfDB) Group through its private sector window approved on Wednesday, a €150-million senior loan to finance the Kalagadi manganese mining project; the Bank’s first mining beneficiation and industrial project in South Africa.Donald Kaberuka to attend Inauguration of President Ouattara
19-May-2011 - Tunis, 19 May 2011 - African Development Bank (AfDB) Group President Donald Kaberuka will visit Cote d’Ivoire from the 20th to 22nd of May, 2011. Mr. Kaberuka will attend the inauguration of President Alassane Dramane Ouattara in the Ivorian capital of Yamoussoukro on Saturday, 21st May.AfDB supports voice and accountability in Tunisia
18-May-2011 - Tunis, 16 May 2011 - The governance technical committee of the African Development Bank (AfDB) has approved USD 310,000 to finance an Economic and Sector Work (ESW) Study on voice and accountability. The study is designed to improve social service delivery programs in Tunisia and the Maghreb. A vacuum in voice & accountability mechanisms has been one of the major triggers of the revolution.Le Groupe de la BAD octroie un don de 30 millions de dollars en appui aux réformes économiques et financières en Guinée
18-May-2011 - Tunis, le 18 mai 2011 - Le Conseil d’administration du Fonds africain de développement (FAD) a approuvé un don de 20 millions d’unités de compte (équivalent à 30 millions de dollars E.U.) destiné à financer un programme d’appui aux réformes économiques et financières (PAREF) de la Guinée.Board Approves AfDB’s Definition of Risk Appetite
11-May-2011 - Written by Aristide AhouassouGlobal Monitoring Report 2011: “Improving the Odds of Achieving the MDGs”
05-May-2011 - This year’s Global Monitoring Report 2011 entitled “Improving the Odds of Achieving the MDGs - Heterogeneity, Gaps and Challenges”, reviewed the evolution of the Millennium Development Goals (MDGs) towards their achievement deadline set for 2015 by World Leaders in 2000.AfDB Board Approves USD 64.8 Million for Uganda Agricultural Infrastructure Programme
05-May-2011 - The African Development Fund Board has approved a USD 64.8 million loan to Uganda to finance the country third Community Agricultural Infrastructure Improvement Programme (CAIIP-3). The loan, approved on 3 May in Tunis, is a follow-up on two similar programmes namely, CAIIP-1 and CAIIP-2, which resulted from a 2005 Bank review of Uganda’s agricultural and rural sectors.AfDB and World Bank Jointly Pledge USD 1 billion to Support Tunisia
03-May-2011 - The African Development Bank and the World Bank pledged USD 1billion to support Tunisia after the presidents of both institutions met in Tunis on 3 May 2011. In this joint action, each bank will provide USD 500 million in budget support to the country. The AfDB President, Donald Kaberuka, welcomed the visit of his World Bank counterpart, Robert Zoellick, to the Bank’s temporary relocation agency office in the Tunisian capital. The joint operation is also a sign of stronger cooperation between the two multilateral banks.AfDB Approves Urban Development Strategy for African Cities
29-Apr-2011 - Tunis, 28 April 2010 - The Board of Directors of the African Development Bank (AfDB) Group has approved the Bank’s Urban Development Strategy. The strategy is designed to transform African cities and towns into engines of economic growth and social development. The Strategy is anchored on three pillars, namely infrastructure delivery, governance and private sector development.AfDB Adopts Strategy for Regional Integration in Central Africa
28-Apr-2011 - Tunis, 27 April, 2011 - The Board of Directors of the African Development Bank (AfDB) today approved its 2011-2015 Regional Strategy for Central Africa. The strategy is designed to reduce poverty through infrastructure development as well as institutional and human capacity building.African Development Bank Wins Africa Energy Award
27-Apr-2011 - Tunis, Tunisia, 25 April 2011 - The African Development Bank (AfBD) has won the “Best Financial Support in the Power Sector” award presented by Terrapinn* in South Africa. The award recognized the Bank’s range of exceptional financial services for the development of projects. The awards were announced during the Power and Electricity World Africa 2011 conference, which took place in Cape Town from March 28 through April 1.AfDB Governors Consider Situation in Abidjan, Tunis
20-Apr-2011 - Washington, 20 April, 2011—The Governors’ Consultative Committee of the African Development Bank met in Washington, DC this week to consider the implications of recent events in Abidjan and Tunis for the Bank’s operations. The African Development Bank has run its operations from its temporary location in the Tunisian capital since relocating there from its Abidjan headquarters in 2003 due to the Ivorian crisis.WB and AfDB Urge Sudan to Resolve Issues-Pledge Support for Broad Based Development
18-Apr-2011 - Washington, April 18, 2011—A third Sudan Roundtable, a forum launched by the World Bank to promote broad partnership in support of Sudan’s development, was held during the World Bank/IMF Spring Meetings. The event was co-chaired by the President of the African Development Bank, Dr. Donald Kaberuka, and the Vice President of the Africa Region of the World Bank, Ms. Obiageli Ezekwesili.