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The African Development Bank Affirms its Strong Commitment to the Development of the Horn of Africa
27-Oct-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. After Ethiopia, the Heads of the institutions and representatives will visit Djibouti, Somalia and Kenya where they will hold talks with the countries’ leaders.
AUC, AfDB and ECA confident that countries will beat Ebola Virus Disease
25-Oct-2014 - Leaders of three Pan-African institutions – the African Union Commission’s Dr Nkosazana Dlamini Zuma, the African Development Bank’s Dr Donald Kaberuka, and the United Nations Economic Commission for Africa’s Dr. Carlos Lopes – concluded a solidarity tour on Friday 24 October 2014 in Conakry, Guinea.
Qualité et pertinence des formations en Côte d’Ivoire : la BAD aidera à relever les principaux défis
24-Oct-2014 - Le Président du Groupe de la Banque africaine de développement (BAD), Donald Kaberuka, a reçu, jeudi 23 octobre 2014 à Abidjan, une délégation du ministère de l’Education nationale de Côte-d’Ivoire, conduite par la Ministre de l’Education nationale, Candia Camara. Le membre du Gouvernement a placé sa visite dans le cadre d’un renforcement de la coopération de son département ministériel avec la BAD, « qui a toujours accompagné les efforts déployés par la Côte d’Ivoire dans sa quête d’améliorer la qualité de l’Education.»
Heads of AfDB, AU and ECA in Guinea to show support for country’s fight against Ebola
24-Oct-2014 - “It is good for us to pledge financial aid in the fight against the Ebola epidemic, but it is even better to come here to discover the reality of the situation on the ground.” These are the words Donald Kaberuka, President of the African Development Bank (AfDB), used to describe his visit to Guinea on Friday, October 24, 2014. Kaberuka arrived at Conakry in the early afternoon accompanied by Nkosazana Dlamini-Zuma, Chair of the African Union (AU) Commission, and Carlos Lopes, Executive Secretary of the United Nations Economic Commission for...AfDB approves US $82.7-million grant to improve Batshamba-Tshikapa road in the DRC
22-Oct-2014 - The Board of Directors of the African Development Bank on Wednesday, October 22 in Abidjan, Côte d’Ivoire, approved a grant of US $82.7 million (UA 55.56 million*) for the development of a 56-kilometre portion of the Batshamba-Tshikapa road in the Democratic Republic of Congo, between Lovua and Tshikapa on the country’s NR1. The grant supplements earlier Bank interventions on the same road. The works include construction of a new bridge over the Kasaï River which crosses Tshikapa town.15 millions € de prêt de la BAD pour appuyer la gouvernance et l’investissement
22-Oct-2014 - La Banque africaine de développement (BAD) et le Cap-Vert ont signé hier, 20 octobre 2014 à Abidjan, un accord de prêt de 15 millions d’euros. Ce montant est destiné à financer la deuxième phase du Programme d’appui à la gouvernance des entreprises publiques et de la promotion des investissements (PAGEPPI 2). Le PAGEPPI 2 aidera consolider le cadre macroéconomique et à relancer la croissance, en améliorant la gouvernance des entreprises publiques et en encourageant l'investissement privé.AfDB eases investor risk in large African geothermal project
22-Oct-2014 - The Board of Directors of the African Development Bank (AfDB) approved an USD 12.7 million African Development Fund partial risk guarantee (ADF PRG) for the 105 MW Menengai Independent Power Producers project. The global Menengai project will exploit a portion of Kenya’s geothermal potential to provide power to about 500,000 households and 300,000 businesses.Souk At-tanmia renforce les capacités de 250 entrepreneurs en Tunisie
22-Oct-2014 - 250 participants à la 2e édition du Partenariat Souk At-tanmia ont suivi une formation pour renforcer leurs capacités managériales. Objectif : les préparer à mener leurs projets jusqu’au bout.Le programme est conduit par “Education for Employment” (EFE), en collaboration avec le réseau des pépinières d’entreprises de l’Agence de promotion de l’industrie et l’innovation (APII) et la Banque africaine de développement (BAD).2014 African Economic Conference to focus on knowledge and innovation
21-Oct-2014 - The critical role which knowledge and innovation should play in Africa’s development will be the focus of this year’s African Economic Conference (AEC) scheduled to take place from November 1-3 in Addis Ababa, Ethiopia. Organized each year by the African Development Bank, United Nations Development Programme and UN Economic Commission for Africa, the conference will provide a unique opportunity to explore how to harness Africa’s knowledge industry for the continent’s transformation and inclusive growth.
Central African countries commit to move forward on SE4All and address energy access challenge
21-Oct-2014 - The Economic Community for Central African States (ECCAS) and the Central African Economic and Monetary Community (CEMAC) with the support of the United Nations Development Programme (UNDP) convened Central African countries for an expert and ministerial meeting. The purpose of the gathering was to validate the white paper on regional policy for universal access to modern energy services and economic and social development in the context of UN-led Sustainable Energy for All (SE4ALL) initiative.AfDB President receives the Development Champion Award and dedicates it to health workers fighting Ebola in West Africa
20-Oct-2014 - “The Forum has given the Development Champion Award to Donald Kaberuka in recognition of his commitment to Africa as head of the African Development Bank.” These words were a key moment in the Gala Evening that marked the conclusion of the Rebranding Africa Forum, held on October 18 in Brussels, Belgium. Kaberuka accepted the award to a standing ovation from the audience, dedicating it to his staff at the African Development Bank (AfDB) and to health workers fighting the Ebola epidemic in West Africa.AfDB approves US $40-million 10-year Line of Credit to East African Development Bank to fund regional projects
17-Oct-2014 - The Board of Directors of the African Development Bank Group on Wednesday, October 15 in Abidjan approved a US $40-million 10-year Line of Credit (LoC) for a pipeline of projects covering various economic sectors (agro/food, infrastructure, manufacturing, education sectors) in the East African Community (EAC) countries of Kenya, Rwanda, Tanzania and Uganda. The projects aim to promote economic growth.SEFA supports ICA and UNEP’s effort to map Africa’s energy resources
17-Oct-2014 - The Sustainable Energy Fund for Africa (SEFA) approved a US $265,000 grant to the Infrastructure Consortium for Africa (ICA) and United Nations Environment Programme (UNEP) partnership for the development of the Atlas of Africa’s Energy Resources. The grant will be funded through the “enabling environment” window of this AfDB-administered multi-donor facility mandated to unlock investments in clean energy in the continent.African Development Bank to launch further Ebola crisis response projects, this time with the AU and ECOWAS
17-Oct-2014 - Deploying health workers from across Africa to Guinea, Sierra Leone and Liberia Incentivising local health workers in Guinea, Sierra Leone and Liberia Training local health ‘extension’ and community workers Working with the private sectorAfrican Development Bank SME Program: Enhancing Inclusive Growth and Job Creation in Africa
17-Oct-2014 - The Board of Governors of the African Development Bank Group (AfDB) through its private sector window approved in June 2014 a €2.5 million line of credit (LoC) equivalent in local currency 1.640 billion CFA francs) to Fidelis Finance (Formerly ‘Burkina Bail Ltd.).
La BAD injecte 100 millions d’euros dans le programme d’appui au secteur financier au Maroc
16-Oct-2014 - Le Groupe de la Banque africaine de développement (BAD) et le Gouvernement du Maroc ont signé, le 15 octobre 2014 à Rabat, Maroc, un protocole d’accord de prêt 100 millions d’euros, en soutien au programme d’appui au développement du secteur financier-phase III (PADESFI III) du Maroc.Support of the rehabilitation of the Kariba dam: The Zambezi River Authority finalize preparations with donors
16-Oct-2014 - The Zambezi River Authority (ZRA), an organization established to manage the Zambezi River Basin on behalf of the Governments of Zambia and Zimbabwe, recently hosted representatives from the African Development Bank (AfDB), the European Union (EU), the Swedish Embassy to Zambia and the World Bank Group (WBG) to finalise preparations in support of the rehabilitation of the Kariba Dam.AfDB approves US $231 million for building resilience to food and nutrition insecurity in the Sahel
16-Oct-2014 - In a move aimed at ending the frequent cycles of drought and famine in the Sahel region, the African Development Bank Group (AfDB) on Wednesday, October 15, 2014 approved loans and grants amounting to US $231 million to finance a Programme to Build Resilience to Food and Nutrition Insecurity in the Sahel (P2RS). The programme involves member-countries of the Permanent Inter-State Committee for Drought Control in the Sahel (CILLS) – Benin, Burkina Faso, Chad, Cape Verde, Côte d’Ivoire, Gambia, Guinea, Guinea-Bissau, Mali, Mauritania, Niger,...