27/02/2019 - East African governors of the African Development Bank on Wednesday commended the institution for approving transformative projects valued at $13.8 billion since 2010.
12/10/2018 - The African Development Bank has approved the East Africa Regional Integration Strategy Paper (RISP) laying out the roadmap for accelerating regional integration in the Region with regional infrastructure development among the main pillars of the plan. The Strategy will guide the Bank’s regional operations in 13 countries, namely Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, South Sudan, Sudan, Tanzania and Uganda.
07/03/2018 - In a historic first, East African Governors of the African Development Bank met with the President Akinwumi Adesina and Executives to discuss economic challenges, opportunities and successes in the continent's fast-growing powerhouse region.
Categories: Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, Sudan, South Sudan, Tanzania, Uganda, Partnerships, Private Sector, Youth, Employment, Poverty Reduction, Regional Integration, The High 5s, The President, Infrastructure & Regional Integration
07/03/2018 - The African Development Bank and its East and North African Governors have stressed the need for urgent measures to match the continent’s growing population and youth unemployment, which they likened to a “ticking time bomb.”
Categories: Algeria, Egypt, Libya, Mauritania, Morocco, Tunisia, Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, Sudan, South Sudan, Tanzania, Uganda, Nigeria, Ghana, South Africa, Youth, Poverty Reduction, Employment, Regional Integration, Partnerships, Infrastructure, Private Sector, The High 5s, Infrastructure & Regional Integration
06/11/2017 - The Board of Directors of the African Development Bank Group (AfDB) has approved the institution’s intervention strategy in Eritrea for 2017-2019.
The Interim Country Strategy Paper (I-CSP) supports the Government’s National Development Plan (2014-2018) for the country’s economic and social development through agricultural transformation.
15/02/2017 - The eight-nation Intergovernmental Agency on Development (IGAD) has secured a US $3.50-million grant from the African Development Fund (ADF), the concessional window of the African Development Bank Group, to finance the agency’s Infrastructure Master Plan (IRIMP).
27/01/2017 - The African Development Bank has approved a loan and a grant amounting to US $7.14 million to finance the fourth Drought Resilience and Sustainable Livelihoods Program in Eritrea.
04/03/2015 - The African Development Bank’s (AfDB) Board of Executive Directors approved on March 3 in Abidjan a US $19-million project comprising an African Development Fund (ADF) loan of US $10.7 million and an ADF grant of US $8.3 million to boost the Technical, Vocational, Education and Training (TVET) sector. The Support to Skills Development for Employability and Entrepreneurship (SDEEP) project includes US $2.1 million in counterpart funding from the Government of the State of Eritrea (GSoE) bringing the total project cost to US $21.1 million.
27/10/2014 - On 27th October 2014 the African Development Bank (AfDB) joins the United Nations Secretary General, Ban Ki-moon, the African Union, the World Bank, the European Union and Islamic Development Bank in a 4-day visit to the Horn of Africa. At the start of the visit in Addis Ababa, Ethiopia, the AfDB pledged a new $1.8 billion development assistance package for the next 3 years 2015-2017.
06/11/2013 - On average 40-60% of public expenditure goes to education, health and other types of social spending in Africa, which calls for improved governance, voice and accountability in social service delivery. Large inefficiencies in the use of resources in education and health have a negative impact on human capital, with drastic consequences for inclusive economic growth. In an environment of declining aid, achieving greater value for each dollar invested is critical.
Categories: Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, Sudan, South Sudan, Tanzania, Uganda, Economic & Financial Governance, Education, Health, Civil Society, Human Capital Development