Press Releases
Displaying 3361 - 3380 of 5337
First two projects of Africa Climate Change Fund approved to support climate finance readiness in Africa
27-Aug-2015 - The newly established Africa Climate Change Fund (ACCF) has approved its first two projects in the past month. One will support Mali with preparatory funding to advance its low-carbon, climate resilient development agenda, and the second will strengthen data and information on climate change vulnerabilities and opportunities for 54 African countries.Ethiopia first country to launch ClimDev-Africa Special Fund project
26-Aug-2015 - The ClimDev Africa Special Fund (CDSF) launched its first project in Ethiopia on August 3 to help the country cope with, and build resilience to, climate change by enhancing capacity in climate monitoring, data analysis, interpretation, forecasting and dissemination for use in national decision-making.
Meles Zenawi Foundation holds inaugural symposium on the African Democratic Developmental State
20-Aug-2015 - The Meles Zenawi Foundation in partnership with the African Development Bank (AfDB) and the Government of Rwanda is holding its inaugural symposium on August 21, in Kigali, Rwanda, under the theme “The African Democratic Developmental State.” Inspired by the late Ethiopian Prime Minister’s commitment to the state’s prominent role in building robust accountable institutions and facilitating rapid sustainable development, the symposium aims to foster rigorous intellectual debate on issues related to development.Fitch affirms African Development Bank at ‘AAA’; Outlook stable
12-Aug-2015 - Fitch Ratings has affirmed the African Development Bank (AfDB)’s Long-term Issuer Default Rating (IDR)'s at ‘AAA’ with a Stable Outlook. The Short-term IDR has been affirmed at 'F1+'. The ratings are underpinned by strong support from AfDB’s shareholders and by the Bank's intrinsic strengths, in particular its solid capitalisation, high liquidity and conservative risk management policies.La Facilité africaine de l’eau apporte son soutien au développement socioéconomique de la plaine de la Ruzizi, promouvant l’intégration régionale
05-Aug-2015 - La Facilité africaine de l’eau (FAE) a annoncé récemment, avoir approuvé un don de 1,9 million d’euros à la Communauté économique des pays des grands lacs (CEPGL), laquelle réunit le Burundi, la République démocratique du Congo (RDC) et le Rwanda. Ce afin de soutenir son programme de développement de la plaine de Ruzizi. Ce projet vise à stimuler l’agriculture dans la région, afin d’en faire une activité économique viable et générant des profits, qui pourra bénéficier à près d’un million d’habitants.The Fund for Africa Private Sector Assistance (FAPA) to support AccessBank Liberia on financial inclusion
05-Aug-2015 - The African Development Bank (AfDB) and AccessBank Liberia Ltd (ABL) have signed a technical assistance partnership agreement. The partnership, which is expected to enhance ABL’s reach to Liberian Micro, Small and Medium Enterprises (MSMEs), is supported by a grant from the Fund for Africa Private Sector Assistance (FAPA).Digital Solutions to Steer Financial Inclusion in Africa
04-Aug-2015 - ICT can radically transform the market for financial products and services for poor Africans
AfDB Road Investment in Cameroon cuts Journey Time by Half – New Evaluation Shows
04-Aug-2015 - A recent evaluation conducted by the Independent Development Evaluation (IDEV) department of the African Development Bank (AfDB) has revealed that the Bank’s substantial investment in road infrastructure in Cameroon from 2004 to 2013 resulted in time savings and a 40-percent drop in transportation costs.
Parliamentarians Endorse the African Parliamentarians’ Network on Development Evaluation
04-Aug-2015 - Fifty parliamentarians from 14 African countries met July 23 and 24, 2015 in Abidjan, Côte d’Ivoire, for the inaugural Annual General Meeting of the African Parliamentarians’ Network on Development Evaluation (APNODE), established in Yaoundé, Cameroon, in March 2014. The parliamentarians from Cameroon, Côte d'Ivoire, Ethiopia, Gabon, Ghana, Kenya, Liberia, Mali, Mauritania, Nigeria, Somalia, Togo, Uganda and Zimbabwe; represented all five geopolitical regions of the continent.
AfDB president Donald Kaberuka pays farewell visit to Tunisia, reiterates the Bank's continued support to the country
01-Aug-2015 - The President of the African Development Bank, (AfDB), Donald Kaberuka whose mandate ends on 31 August 2015, paid a farewell visit to Tunisia’s President Béji Caïd Essebsi on Friday. He expressed the Bank’s gratitude to the Tunisian government and people for the hospitality the Bank received during its relocation to Tunis from 2003 to 2014. "We are very grateful for what Tunisia has done for the African Development Bank," he said.AfDB SME Program: Enhancing Inclusive Growth and Job Creation in Burkina Faso
30-Jul-2015 - The African Development Bank Group (AfDB) and Fidelis Finance signed on 30 July 2015 a loan agreement for the equivalent of EUR 2.5 million under the Africa SME Program on July 30, 2015 to support SMEs in Burkina Faso.
Infrastructure : Africa50, a step change for infrastructure financing and development in Africa
30-Jul-2015 - Africa50, the new and innovative infrastructure investment platform promoted by the African Development Bank (AfDB) held its Constitutive General Assembly on the 29th of July 2015 in Casablanca, Morocco. Twenty (20) African countries and the AfDB have subscribed for an initial aggregate amount of USD 830 million in share capital.AfDB issues $20 million Infrastructure Bonds to Japan’s Life Insurance Company
29-Jul-2015 - The African Development Bank (AfDB) sold $20 million in infrastructure bonds to the Fukoku Mutual Life Insurance Company (Fukoku Life). Fukoku Life was the sole investor in the transaction.