Press Releases
Displaying 3741 - 3760 of 5337
US donates $3 million to African Legal Support Facility
20-May-2014 - The United States Agency for International Development (USAID) on Monday, May 19 signed a grant agreement to provide the African Legal Support Facility (ALSF) with financial support in the amount of US $3.0 million over a three-year period under the US Power Africa Initiative.Lesotho signs up to African Legal Support Facility
20-May-2014 - he Kingdom of Lesotho on Monday, May 19 in Kigali, signed up to the African Legal Support Facility (ALSF)becoming the 57th state to join the group, established in 2010 to assist African countries in commercial creditor litigation and related issues.AEO 2014 - African countries need to tap global markets more effectively to strengthen their economies
19-May-2014 - Empowering people through investments in skills and technology needed to boost development By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings.Africa needs better data to track progress as growth rises: Lufumpa
19-May-2014 - Kicking off the first day of the Annual Meetings was “Tracking Africa’s Progress” on the challenges of establishing targets and making policies with insufficient or poor data. Over the years, many African countries have significantly scaled up their data collection efforts, but challenges remain with regard to the timely dissemination of the data to users.AfDB Board approves new Africa Climate Change Fund
18-May-2014 - The Board of Directors of the African Development Bank (AfDB) approved on April 16 in Tunis, the creation of the Africa Climate Change Fund (ACCF), a bilateral thematic trust fund to support African countries in their transition to climate-resilient and low-carbon development.AfDB moves to re-engage with Libya
16-May-2014 - The African Development Bank Group (AFDB) is moving to re-engage with Libya after its Country Re-Engagement Note 2014-2016 was approved by the Bank Group’s Board on Thursday, 15 May in Tunis.AfDB moves to make eligible low-income countries access resources from its non-concessionary sovereign window
16-May-2014 - Eligible low-income African countries can now secure non-concessionary resources from the African Development Bank (AfDB)’s sovereign window, following a policy proposal approved by the Board of Directors on May 13 2014 in Tunis.
AfDB and Muhammad Yunus deepen cooperation on social business in Africa
16-May-2014 - "In one year we have come a long way and Tunisia is taking concrete steps in the adoption of social business. It will soon be a model for African countries and I am very happy,” said Professor Muhammad Yunus, 2006 Nobel Peace Laureate, pioneer of microcredit and co-founder of the Yunus Social Business (YSB) during his visit to Tunisia on 9 and 10 May 2014.AfDB Approves Governance Strategic Framework and Action Plan
16-May-2014 - The African Development Bank Group (AfDB) has approved a governance strategy framework and action plan to guide its operations in the regional members countries over the next five years.AfDB grants major US $1 billion loan for Angola energy sector
13-May-2014 - In support of the Government of Angola’s efforts to reform the power sector, the Board of Directors of the African Development Bank (AfDB) approved on Tuesday, May 13 in Tunis a US $1 billion loan for the Angola Power Sector Reform Support Program.Tunisia: what policies to counter the inequalities in access to healthcare ?
12-May-2014 - The African Development Bank (AfDB)’s latest report analyses the inequalities in access to health care across Tunisia. The findings are clear: despite the progress that were made, significant disparities remain in the use and consumption of healthcare products. The report also highlights major differences in levels of well-being between regions:
Luxembourg’s move to join AfDB demonstrates attractiveness of our institution, says President Donald Kaberuka
11-May-2014 - Luxembourg will become the 26th non regional member country of the African Development Bank (AfDB) Group. African Development Bank President Donald Kaberuka and Luxembourg Minister of Finance Pierre Gramegna participated in the official signing ceremony on May 10, 2014 in Luxembourg. Through its membership in the AfDB, Luxembourg further confirms the importance it gives to global issues, as well as its commitment to contributing to Africa’s development.
ADF approves US $76 million to support skills, entrepreneurship and job creation in Rwanda
09-May-2014 - On May 7, 2014, the African Development Bank’s (AfDB) Board of Executive Directors approved an African Development Fund (ADF) loan of US $76 million for a Skills, Employability and Entrepreneurship Program II (SEEP II) in Rwanda for three fiscal years ( FY2013/14, FY2014/13 and 2015/16).Tunisia: Rethinking the industrial policy for a balanced territorial development
08-May-2014 - In its latest economic note, the African Development Bank (AfDB)‘s Department for North Africa assessed the impact of new developments in Tunisia’s industrial policy to see how this would bring a more balanced progress nationwide.ADEA and the African Union launch publications on education and skills for Africa’s accelerated development
07-May-2014 - The African Union Commission (AUC) and the Association for the Development of Education in Africa (ADEA) launched two series of publications in Yaoundé on April 24, 2014. The launch session took place during the Conference of Ministers of Education of the African Union (COMEDAF VI), which was held this week in Yaoundé.AfDB approves US $50 million Risk Participation Agreement with Union de Banques Arabes et Françaises to Boost Trade Finance in Africa
07-May-2014 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, May 7 in Tunis an unfunded US $50 million Risk Participation Agreement (RPA) with the Union de Banques Arabes et Françaises - U.B.A.F. to support trade origination capacities of African Issuing Banks. The facility will help address critical shortfall in commercial financing for trade in Africa and is expected to benefit such vital economic sectors such as agribusiness and light manufacturing.AfDB in Solidarity with the Nigerian community on the case of the Chibok girls
07-May-2014 - “To be educated means… I will not only be able to help myself, but also my family, my country, my people. The benefits will be many.” – Meda Wagtole, schoolgirl, Ethiopia
AfDB President Donald Kaberuka supports “Visa free travel in Africa”
07-May-2014 - African Development Bank (AfDB) President, Donald Kaberuka, alongside two African leaders, on 7 May 2014 in Abuja, Nigeria, launched a call to action for regional integration in Africa. Called “Visa free travel in Africa”, the initiative, launched at the World Economic Forum on Africa, means to promote travel across the continent by easing visa constraints.