16-Feb-2011 - Kigali, 11 February 2011 - The international Trade Law Capacity Building Project was formally launched in Kigali (Rwanda), on February 11, 2011, by Rwanda’s President, Paul Kagame, and the African Development Bank (AfDB) Group President, Donald Kaberuka. This major legal capacity building project is a joint program of the African Legal Support Facility (ALSF) and the Pan-African Lawyers’ Union (PALU). It is designed to strengthen international trade law practice on the continent and build the rule of law in the service of economic development...
16-Feb-2011 - Introduction:
The African Legal Support Facility ("ALSF" or the "Facility") which was approved by the Board of Directors of the African Development Bank ("AfDB" or the "Bank") on April 30, 2008, was formally established in June 2009, as a legally autonomous and independent institution, temporarily housed in the Bank while awaiting a final decision by ALSF's Governing Council. ALSF was established mainly as a response to calls from G-8 finance ministers and African finance ministers to:
14-Feb-2011 - The African Development Bank (AfDB) has expressed its willingness to support Tunisia’s interim government in key economic areas to enable a smooth transition and long-term stability of the country.
14-Feb-2011 - Following the Tunisian revolution, the African Development Bank (AfDB) President, Donald Kaberuka, met with Tunisian Interim Prime Minister, Mohamed Ghannouchi, on Monday, 14 February 2011 in Tunis, where they discussed challenges facing the government and ways in which the Bank could provide support.
14-Feb-2011 - Tunis, February 14, 2011 - The president of the African Development Bank (AfDB), Donald Kaberuka, says the Bank is ready to release the necessary resources to assist the transitional government and the people of Tunisia. Speaking during a press conference after a meeting with Prime Minister Mohamed Ghannouchi in Tunis on Monday, Mr.
10-Feb-2011 - Le Groupe de la Banque africaine de développement (BAD) a approuvé le 1er février 2011 un don supplémentaire de 1,2 million de dollars en faveur de Djibouti à travers le guichet concessionnel du Fonds africain de développement (FAD), dans le cadre du financement du Programme de réduction de la pauvreté urbaine (PREPUD).
Ce don fait suite à celui déjà octroyé par le Fonds Africain de développement (FAD) en octobre 2008 d’un montant de 9 millions de dollars.
08-Feb-2011 - Tunis, 7 February 2010 - The Board of Directors of the African Development Bank (AfDB) approved on Thursday, 3 February 2011 in Tunis, a USD 25-million senior private sector loan to finance the KivuWatt project in Rwanda. This project has been developed by ContourGlobal, a global power and energy company headquartered in New York. Along with a consortium of development finance partners, AfDB will finance the first large scale private sector investment in power generation in Rwanda.
08-Feb-2011 - Tunis, 7 February 2010 - The Board of Directors of the African Development Bank (AfDB) approved on Thursday, 3 February 2011 in Tunis, a USD 300-million line of credit (LOC) to the Development Bank of Southern Africa (DBSA) for on-lending to infrastructure projects within the Southern African Development Community (SADC) region.
The 5th DBSA LOC will accelerate sustainable socio-economic development by funding physical, social and economic infrastructure projects. Major sectors will include:
03-Feb-2011 - "The African Development Bank needs to be relevant to all its Regional Member Countries (RMCs), and that includes fragile states. These are states in need of our expertise and support. We must continue to uphold the vision and boldness the Deputies had when they founded this initiative. We must use all available instruments to respond to the needs of these states, including public support,"* President Donald Kaberuka.
03-Feb-2011 - The Bank Group on January 31, 2011 in Tunis launched an induction and orientation session for newly-appointed Resident Representatives (ResReps). By organizing the program at the beginning of their assignment and at the beginning of the New Year, the Bank aims at positioning its operational “Generals” in the field, to spur a new operational focus with quality at entry as its guiding principle.
02-Feb-2011 - La Banque africaine de développement (BAD) a approuvé, le 1er février 2011, un don de plus de 5 millions d’Euros à la République centrafricaine (RCA) pour aider à renforcer la gestion de son budget et à améliorer le climat des affaires dans ce pays. Le don a été prélevé sur le guichet du Fonds africain de développement (FAD). En matière de gestion des finances publiques, le don contribuera à renforcer les capacités des structures opérationnelles de gestion des finances publiques dans le cadre du Programme global de réforme des finances...
31-Jan-2011 - A major multi-stakeholder initiative is paving the way to improved infrastructure in Africa. Officially launched on 24 July 2010 in Kampala, Uganda, on the sidelines of the 16th African Union heads of state and government summit, the Program for Infrastructure Development in Africa (PIDA) has entered the preparation phase.
31-Jan-2011 - Tunis, 28 January 2011– The African Development Bank (AfDB), a strategic partner of the World Economic Forum in Africa, is represented at the World Economic Forum Annual Meetings from 25-28 January 2011 in Davos, Switzerland. On Friday 28 January, the Bank addressed the importance of development finance in the context of increased South-South partnerships.
27-Jan-2011 - Tunis, 27 January 2011 – The African Development Bank (AfDB) Group’s Board of Directors approved on Wednesday, 26 January 2011, a USD 655,000 emergency relief assistance grant for Somalia.
The humanitarian assistance aims at reducing the risk of death among the most vulnerable communities in Mogadishu and surrounding areas from diseases associated with lack of proper health services, lack of clean and safe water, poor sanitation, food insecurity and poor nutrition in internally-displaced people’s camps.
27-Jan-2011 - Tunis, le 26 janvier 2011 – Les Conseils d’administration du Groupe de la Banque africaine de développement (BAD) ont conclu, lors de leur séance de ce jour, que le Togo a rempli les conditions et les exigences requises pour bénéficier d’un allègement de sa dette dans le cadre de l’Initiative en faveur des pays pauvres très endettés (PPTE).
En conséquence, le Groupe de la BAD va alléger le service de la dette du Togo envers l’institution, pour un montant de 22,9 millions de dollars américains.
27-Jan-2011 - Tunis, 26 January 2011 - The Boards of Directors of the African Development Bank (AfDB) Group, on 26 January 2011, agreed that Guinea-Bissau had met the conditions and requirements to qualify for debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative.
Accordingly, Guinea-Bissau will benefit from a USD 60.4-million AfDB Group debt-relief. In addition, and on an exceptional basis, the country will benefit from an estimated USD 23.7- million additional debt cancellation.
27-Jan-2011 - Tunis, 27 January 2011 – The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, approved on 21 January 2011, a USD 23-million grant to finance a rural electrification project in Guinea. The project will enable 60,000 rural people in 31 communities to access electric power along the national interconnected grid.
The project will help raise the rural electrification rate from 3% in 2009 to 15% in 2015 and reduce the rate of energy loss on the distribution network from...
21-Jan-2011 - The African Legal Support Facility (ALSF) undertook a mission to Washington DC and New York, from January 10 to 14, 2011, and held discussions with the World Bank, IFC and the Revenue Watch Institute officials and experts. The discussions were held within the framework of the ALSF’s strong commitment and firm determination to support African countries in building capacity and advisory services.
13-Jan-2011 - 2010-A year of institutional renewal and operational consolidation.
A year that has set another aggressive development effort in perspective.
When President Donald Kaberuka welcomed the Board of Directors in January 2010, he sounded a strong note that “the year would be extremely challenging as the Bank needed to mobilize additional capital for both the African Development Bank (AfDB) and African Development Fund (ADF) at a moment of scarce resources”.
13-Jan-2011 - Tunis – 12 January 2011- The African Development Bank (AfDB) Group and the African Capacity Building Foundation (ACBF) on Wednesday, 12 January 2011 in Tunis signed a USD 12-million grant agreement to finance the ACBF’s activities in Africa.
