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AfDB, World Leaders Commit to Intensify Fight Against Wildlife Trade
14-Feb-2014 - London Declaration Builds Upon AfDB’s-WWF’s Marrakech Declaration AfDB to commit US $5 million to strengthen trans-boundary park managementKenya makes bold moves to address climate change risks
14-Feb-2014 - Many in East Africa still recall the devastating drought of 2009. In Kenya alone, it left nearly 80% of cattle dead in some parts of the country. Whether linked to the effects of global warming or not, this drought is estimated to have cost the Kenyan economy about US $12 billion. Its impact was most pronounced in the arid and semi-arid areas of the country.
African Development Bank pledges $1 million to fight Ebola in Sierra Leone
14-Feb-2014 - On Wednesday, September 17, 2014 the African Development Bank (AfDB) signed a three-way agreement with the Government of Sierra Leone and the World Health Organization (WHO) to provide US $1 million. This is part of an overall pledge of $4 million which the AfDB will give to the four countries affected by the Ebola virus. The money will help in the hiring and training of healthcare professionals and the purchasing of medical supplies and equipment to contain the spread of the virus.AfDB issues its first US dollar Global benchmark for 2014
12-Feb-2014 - On Wednesday, March 5, 2014 the African Development Bank (AfDB) successfully issued a new a USD 1 billion three-year global benchmark due on May 15, 2017. The benchmark was announced on March 4, 2014 for execution the following day. Overnight, the joint lead managers gathered more than USD 1.5 billion in expressions of interest, a clear demonstration of the high level of attention the transaction was drawing on the market.
AfDB Board Approves Mauritius’ Country Strategy Paper 2014-2018
12-Feb-2014 - The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, February 5 2014 in Tunis approved Mauritius’ Country Strategy Paper (CSP) for 2014-2018. The CSP provides the Bank’s strategic business plan in Mauritius for the five-year period.Swaziland’s new CSP focuses on Infrastructure, Inclusive Growth and Governance
06-Feb-2014 - Note: the CSP will be published as soon as it is finalised. The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, February 5 in Tunis approved Swaziland’s Country Strategy Paper (CSP) for 2014-2018, which focuses on promoting economic growth and improving living conditions of the people. The CSP is built around two pillars: (i) Supporting Infrastructure Development for Sustainable and Inclusive Growth and (ii) Strengthening Governance and Institutional Capacity.AfDB supports Sierra Leone’s resource mobilization for green growth
04-Feb-2014 - As part of its ongoing support to the Government of Sierra Leone in its quest for green economic growth, the Energy, Environment and Climate Change Department of the African Development Bank (AfDB) has produced the brochure Sierra Leone: Investing in Environmentally Sound Economic Growth.AfDB supports Ghana local communities with $14.55 million to reduce deforestation
04-Feb-2014 - The African Development Bank (AfDB) Board, on 22 January 2014, approved financing of $14.55 million for Ghana to help the country reduce deforestation and forest degradation as well as protect carbon reservoirs for local communities in the Western and Brong Ahafo regions.Bassin du Niger : La Facilité africaine de l’eau soutient un programme d’infrastructure pour accroitre résilience au changement climatique et sécurité alimentaire
03-Feb-2014 - La Facilité africaine de l’eau (FAE) octroie un don de 960 000 euros au Secrétariat exécutif de l’Autorité du bassin du Niger (ABN), pour soutenir un programme de préparation de projets d’infrastructures à buts multiples.Africa: Urgent action needed to link mining with region’s development objectives
03-Feb-2014 - Celebrated for the first time, Africa Mining Vision Day calls for a more sustainable, people-centred mining agenda On the margins of Africa’s largest annual mining conference, “Mining Indaba”, taking place from February 3-6 in Cape Town, South Africa, multilateral development organizations have called on the private sector to join forces with them in ensuring the revenues from mining are reinvested in people.
AfDB to play a greater role in issues of conflict and fragility on the continent, report recommends
31-Jan-2014 - Ellen Johnson Sirleaf, President of Liberia, and Donald Kaberuka, President of the African Development Bank (AfDB) Group, officially launched on Thursday, January 30 in Addis Ababa, the final report of the AfDB High Level Panel on Fragile States during a closed session at the 22nd African Union Summit.AfDB and Kenya sign agreements for financing infrastructure projects
29-Jan-2014 - The African Development Bank (AfDB) and the government of Kenya on January 27th in Nairobi, Kenya signed loan and protocol grant agreements of US$97 million and US$120 million for the Thwake multi-purpose dam & Outer Ring road projects respectively. The Nairobi Outer Ring road project involves the improvement of the existing single carriageway road to a 2-lane dual carriageway. The construction will include service roads, grade separated intersections, pedestrians–foot-over bridges, walkways and cycle tracks over the entire length of the...
AfDB and AUC Sign Grant to Enhance the Capacity of African Countries to Accelerate the Delivery of Regional Infrastructure Projects
29-Jan-2014 - The African Development Bank (AfDB) and the African Union Commission (AUC) on Wednesday, January 29 in Addis Ababa signed a new project grant.Zimbabwean youth and others to receive USD 53.4 million from AfDB
28-Jan-2014 - Zimbabwean youth, tourism, water and sanitation, transportation, emergency power, and public finances are all slated to receive a major boost in 2014 from the African Development Bank Group (AfDB).
Gender equality at the heart of Africa’s transformation: a vision and a strategy
23-Jan-2014 - The quest to establish genuinely equal opportunity for men and women – in both their contribution to and their benefits from Africa’s economic transformation – took a further step forward on Wednesday, January 22, 2014, when the Board of the African Development Bank Group approved its new Gender Strategy for the period 2014-2018.African Development Bank has provided decisive support to stop the spread of Ebola in Mali
19-Jan-2014 - The African Development Bank’s (AfDB) extremely rapid intervention in Mali after a first case of Ebola was detected has halted the spread of the epidemic in the country. “The AfDB support, both in the preparation and the response phases, was exceptional in its speed and the level of resources mobilized,” said Ibrahima Fall Socé, head of the UN Mission for emergency action against Ebola in Mali.AfDB provides US $108 million to repair the Tshikapa-Mbuji Mayi road and rural infrastructure in DRC
18-Jan-2014 - On December 17, 2014, the Board of Directors of the African Development Bank (AfDB) Group approved a donation of approximately US $108 million from the resources of the African Development Fund (AFD) to the Democratic Republic of Congo (DRC). The project involves the development of the Tshikapa-Mbuji Mayi route, more specifically the 87-kilometre Tshikapa-Kamuesha section, and the repair of related agricultural and rural infrastructure in the province of Western Kasai. This province is very isolated due to the advanced state of disrepair of...BAD-Bénin : 70 millions $ pour doper l’infrastructure agricole, la sécurité alimentaire et créer de la richesse
16-Jan-2014 - Le Groupe de la BAD va investir près de 70 millions de dollars EU, soit 34 milliards de francs CFA, dans le Projet d’appui aux infrastructures agricoles dans la Vallée de l’Ouémé (PAIA-VO), au Bénin, en vue d’améliorer la sécurité alimentaire dans le pays et de créer de la richesse.