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AfDB President Reaffirms Support for Tunisia
11-Apr-2011 - AfDB President Holds Talks with Tunisian Interim Prime Minister Tunisian Interim Prime Minister Beji Caid Essebsi today received President Donald Kaberuka in audience at his office in Tunis. Prime Minister Caid Essebsi expressed Tunisia’s appreciation to the AfDB for its support. "Tunisia very much appreciates all the support received from AfDB, not just over the years but particularly in the difficult times we have just gone through," he said.Tunisian Revolution: AfDB Brief on Economic Outlook
11-Apr-2011 - Tunis, April 11, 2011 – Tunisia is a longstanding partner of the African Development Bank (AfDB) and, as the Bank’s client, ranks second after Morocco. The Bank’s North Africa Operations department and the development research department, have just published a Brief on Tunisia’s economic challenges and prospects in the aftermath of the revolution, at a time when the country’s transitional government announcMo Ibrahim Leadership Fellowships to support Africa’s next generation
08-Apr-2011 - Thursday 7 April 2011 - The Mo Ibrahim Foundation, in partnership with three of the world’s most influential multilateral organisations, announces the launch of the Ibrahim Leadership Fellowships programme. Working with the African Development Bank (AfDB), the United Nations Economic Commission for Africa (UNECA), and the World Trade Organization (WTO) the Fellowships Programme will help to prepare the next generation of outstanding African leaders by providing them with unique mentoring opportunities.AfDB Approves € 25 Million for Addax Bioenergy Project in Sierra Leone
08-Apr-2011 - Tunis, 8 April 2011 - The Board of Directors of the African Development Bank (AfDB) approved on Friday, a € 25-million senior private sector loan to finance Addax Bioenergy Sierra Leone (ABSL) project. The project consists of:AfDB Board Approves Decentralisation Roadmap
08-Apr-2011 - Tunis, 8 April, 2011—In an effort to strengthen the quality of its direct on-the-ground support to regional member countries, the African Development Bank (AfDB) Board of Directors today approved a roadmap for decentralization of its operations over the next five years. The exercise revolves around three key pillars: strengthening the Bank’s existing field offices, expanding its presence in fragile states, and consolidating regional capacity.AfDB Approves Debt Relief for DRC
08-Apr-2011 - Tunis, le 8 avril 2011 – Le Conseil d’administration du Groupe de la Banque africaine de développement (BAD) a conclu, lors de sa séance de ce jour, que la République démocratique du Congo (RDC) a rempli les conditions et les exigences requises pour bénéficier d’un allègement irrévocable de sa dette dans le cadre de l’Initiative en faveur des pays pauvres très endettés (PPTE).African migration generates win-win benefits, says new report
30-Mar-2011 - Latest findings from joint World Bank, AfDB research WASHINGTON, DC, March 30, 2011 – With about 30 million Africans living outside their home countries, migration is a vital lifeline for the continent. Yet African governments need to do more to realize the full economic benefits of the phenomenon, says a new report by the African Development Bank and the World Bank.AfDB Publishes Infrastructure Action Plan for Zimbabwe
25-Mar-2011 - The African Development (AfDB) Group’s effort in Zimbabwe’s economic recovery has received a major boost with the publication of a comprehensive infrastructure development action-plan for strong and sustained growth in the country. The 342-page report titled “Infrastructure and Growth in Zimbabwe - An Action Plan for Sustained Strong Growth” has been endorsed by an informal AfDB Board.
AfDB and Institutional Investor Host Inaugural Africa Sovereign Funds Roundtable
24-Mar-2011 - Casablanca, 24 March 2011 -The inaugural Africa Sovereign Funds Roundtable held on 15 and 16 March 2011 in Casablanca, Morocco, was organized by Institutional Investor’s Sovereign Investor Institute in association with the African Development Bank (AfDB).Promoting Gender Equality in the Infrastructure Sectors- African Regional Workshop
22-Mar-2011 - Addis Ababa – March 22, 2011- Today, H.E. Sufian Ahmed, Minister of Finance and Economic Development of Ethiopia, will lead the opening ceremony of a workshop on “Mainstreaming Gender Equality in the Infrastructure Sectors in Africa.” The Workshop will take place at the Hilton Hotel from March 22 to 24, 2011. The Workshop focuses on four key infrastructure sectors which are essential for growth and economic development: energy, irrigation, water and sanitation, and transport.MDBs Regular Consultations on Global Economy in London
15-Mar-2011 - Heads and Senior Representatives of Multilateral Development Banks (MDBs) met in London on 11 March 2011 for their regular consultations on the global economy and to discuss how they work on issues of common concerns.AfDB Calls for Deeper Regional Integration - Tool for growth and employment creation in Southern Africa
15-Mar-2011 - Pretoria, 14 March, 2011 - African Development Bank (AfDB) President Donald Kaberuka has affirmed his institution’s strong commitment to enhancing regional integration and growth in Southern Africa. Addressing the media close to the end of a six-day official visit to the region, Dr. Kaberuka said the AfDB had done well in terms of the volume of its support to South Africa and the broader SADC region but still had to do more in view of the challenges that still abound.
President Kaberuka Urges Deeper Fiscal Reforms in Swaziland
11-Mar-2011 - The President of the African Development Bank (AfDB) Group, Donald Kaberuka., was on Thursday, 10 March 2011, received in audience by his Majesty King Mswati III, the Prime Minister and members of the Swaziland economic team. Mr Kaberuka was in the country to confer with the authorities on the economic challenges facing the country, in particular the tough fiscal situation. The President encouraged the authorities to quicken and deepen the pace of fiscal reforms by significant expenditure cuts and revenue generation.
AfDB Approves USD 1 million Humanitarian Aid for Displaced People at Tunisia-Libya Border
11-Mar-2011 - The African Development Bank (AfDB) Group has approved a USD 1 million humanitarian emergency assistance grant to the International Red Cross Committee (ICRC) and the Tunisian Red Crescent (TRC).AfDB President Commends Zimbabwe’s Recovery, Urges Measures to Boost Confidence
07-Mar-2011 - The President of the African Development Bank (AfDB) Group, Mr. Donald Kaberuka, today called on Zimbabwe’s Government of National Unity to reduce economic policy uncertainties that could undermine the country’s recent economic recovery. He urged the government to implement policies that would boost confidence in order to keep momentum. Mr. Kaberuka was launching the Multi Donor Trust Fund, managed by the AfDB. On a 24-hour visit to Zimbabwe, Mr.AfDB President Commends Zimbabwe’s Recovery, Urges Measures to Boost Confidence
07-Mar-2011 - The President of the African Development Bank (AfDB) Group, Mr. Donald Kaberuka, today called on Zimbabwe’s Government of National Unity to reduce economic policy uncertainties that could undermine the country’s recent economic recovery. He urged the government to implement policies that would boost confidence in order to keep momentum. Mr. Kaberuka was launching the Multi Donor Trust Fund, managed by the AfDB. On a 24-hour visit to Zimbabwe, Mr.