You are here
Press Releases
Displaying 4401 - 4420 of 5333
AfDB Launches First Annual Development Effectiveness Review 2011
10-Jun-2011 - The African Development Bank (AfDB) on Friday 10 June 2011 launched the First edition of its Annual Development Effectiveness Review (ADER), at of its Annual Meetings in Lisbon, Portugal.The AfDB urges for an African Green Fund
09-Jun-2011 - Africa could do much more to tackle climate change through the establishment of a continent-specific green fund, says Aly Abou-Sabaa, chairman of the Climate Change Coordination Committee at the African Development Bank (AfDB). Mr. Abou-Sabaa made this comment on 8 June 2011 during a press briefing organized during the 2011 AfDB Annual Meetings in Lisbon, Portugal.
AfDB Seminars Mull Public-Private Vision for Africa’s Growth and Development
09-Jun-2011 - The High Level Seminars, a Central component of the African Development Bank (AfDB) Annual Meetings wound up in Lisbon on Wednesday, with a call for wider public partnership for Africa’s economic growth and development. The notion was that African governments had a responsibility to provide the appropriate macroeconomic environment to spur efficiency and growth in the political, economic and social life of their countries.
Le Président Kaberuka remet le Prix des Entrepreneurs Africains 2011
09-Jun-2011 - The president of the Mali-based Azalaï Hotels Group, Mr Mossadeck Bally, won the African Business Leadership Award (ABLA), traditionally given at the Annual Meetings of the African Development Bank (AfDB). At the 2011 venue of the Annual Meetings, the president of the AfDB, presented the award to Mr Bally on 8 June, saying: “I am pleased to present today the 2011 African Business Leadership Award to Mr.
Réunion à Lisbonne de la sixième session du Conseil d’administration de CoDA
09-Jun-2011 - Le Conseil d’administration de la Coalition pour le dialogue sur l’Afrique (CoDA), une initiative soutenue par la Banque africaine de développement (BAD), l’Union africaine (UA) et la Commission économique des Nations unies pour l’Afrique (CEA), a tenu sa sixième session ordinaire mercredi à Lisbonne, au Portugal.
AfDB 2011 Annual Meetings are Carbon-Free
09-Jun-2011 - The African Development Bank (AfDB) Group has officially made this year’s Annual Meetings in Lisbon, Portugal, carbon friendly. This announcement follows acquisition of carbon credits after an investment in a composting project, in Cape Town, South Africa. The Annual Meetings CO2 emissions are related to flights, local transport, paper and energy consumption both at the meeting venue and hotels, among others causes, which cannot be avoided but must be offset.
Formal Opening of the African Development Bank 2011 Annual Meetings in Lisbon
09-Jun-2011 - The opening ceremony for the Annual Meetings of the African Development Bank Group (AfDB) took place on 9 June 2011 at the Lisbon Congress Centre, Lisbon, Portugal.
AfDB Signs Multi-Million Cooperation Agreements with China and Brazil
09-Jun-2011 - The African Development Bank (AfDB) Group on Wednesday in Lisbon signed two major cooperation agreements with China and Brazil for the funding of projects and programs in the AfDB´s regional member countries (RMCs). AfDB policy and operations Vice President, Aloysius Uche Ordu, and the Executive Vice President, Agricultural Bank of China, Zhu Hongbo, signed a memorandum of understanding on a collaborative ventures in co-financing, technical cooperation for capacity building and knowledge partnership.Fifteen African Nations Embarking on Climate-Smart Development to Attend the 2011 Climate Investment Fund Partnership Forum
08-Jun-2011 - More than 400 stakeholders from 45 nations, including 15 African countries, will gather in Cape Town, South Africa on 24-25 June for the 2011 Climate Investment Funds (CIF) Partnership Forum, co-hosted by the African Development Bank (AfDB).
2010–A year of operational consolidation for the African Development Bank Group
07-Jun-2011 - If 2009 was the year the Bank played a countercyclical role by significantly increasing its assistance to regional member countries living under severe budgetary restraints, 2010 was the year of operational consolidation. This is evident from the financial and operational analysis of the African Development Bank’s (AfDB) fiscal record for 2010 presented in Lisbon on 7 June in Lisbon, Portugal, at the Bank’s Annual Meetings.
AfDB President Says all Africans Should Share in Benefits of Economic Growth
07-Jun-2011 - The dichotomy between statistics on Africa´s economic growth and realities on the ground emerged as a key talking point in discussions ahead of the 2011 Annual Meetings of the African Development Bank (AfDB) Group, whose central theme is: “Toward an Agenda for Inclusive Growth in Africa”. “Africans are no longer interested in impressive statistics that do not reflect realities on the ground,” AfDB President, Donald Kaberuka, said at a breakfast meeting with the media covering the meetings in Lisbon, Portugal.
2010 Annual Report-The Medium Term Strategy the foundation of all AfDB activities
07-Jun-2011 - Credit approvals made by the African Development Bank Group during 2010 totalled UA4.1 billion (USD 6.31 billion) - a marked decline compared to the record level of UA8.6 billion for the previous year, but a sign of return to normality after the global financial crisis. That said, transactions in 2010 were still 16.1% higher than in 2008. Funding from the three parts of the Group was as follows:
AfDB - EMRC SME Forum Bridging the Missing Middle Gap in Africa
06-Jun-2011 - The African Development Bank (AfDB) in collaboration with EMRC will organize an SME Forum at the margins of the Bank’s Annual Meetings to be held in Lisbon, Portugal from 6-7 June 2011. The title of the Event is: “Bridging the missing middle gap in Africa”. In financial market terminology, the missing middle also refers to the gap between microfinance at one end and traditional institutional financing at the other. The goal of the Forum will be to focus attention on the gap in capital and other forms of support for the Missing Middle in...
Africa Should Embrace New Economic Giants and Boost Social Inclusion, Says African Economic Outlook 2011
06-Jun-2011 - African countries should develop closer cross-border ties in dealing with traditional and emerging partners so they can boost sustainable and inclusive growth, according to the African Economic Outlook 2011, launched today.AfDB Group Supports Côte d’Ivoire, Extends 77 Billion CFA for Reconstruction
04-Jun-2011 - Côte d’Ivoire has received significant financial support from the African Development Bank (AfDB). The country will benefit from a 77 billion CFA program (equivalent to 150 million dollars—from Africa’s premier development institution, allowing it to better restore basic social and administrative services. The Board of Executive Directors of the African Development Bank Group has approved these resources. The financing program is designed to provide a rapid response to Côte d’Ivoire’s pressing social needs, which will help promote social...African Development Bank Extends USD500 million to Tunisia
30-May-2011 - Budget support loan to help post revolution transition The African Development Bank (AfDB) Board of Executive Directors today approved a USD500 million loan to support the Tunisian government in its post-revolution transition. Its goal is to help restore socio-economic stability in Tunisia and engender inclusive economic growth that benefits all Tunisians. This fast-disbursing emergency support programme, disbursed in a single installment, is a new approach that allows the African Development Bank to better respond to the emergency needs of...AfDB approves a financial package of USD 200 million for the Nigerian Export-Import Bank
30-May-2011 - On May 26th, the Board of Directors of the African Development Bank (AfDB) Group approved a sovereign guaranteed Program, in the amount of USD 200 million, to the Nigerian Export-Import Bank (NEXIM) for financing export-oriented Small and Medium-sized Enterprises (SMEs) in Nigeria. The funds for the Program will be channeled through NEXIM by way of a multi-tranche Line of Credit. A portion of the proceeds of the Program will be used to pay for Technical Assistance for capacity building at both NEXIM and the SMEs.