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Burkina Faso Enhances Governance

22-Sep-2004 - The Supplementary Poverty Reduction Strategy Support Program II, whose financing was today approved by the Board of Directors of the ADF, amounts to 15.50 million Units of account (US$ 22.64 million). The reforms under the Supplementary Program hinge on three themes: acceleration of growth by consolidating macro-economic stability and strengthening competitiveness; improving the access to basic social services for the poor; and promoting good governance.

ADF Supports Efforts to clear Invasive Aquatic Weeds in West Africa

22-Sep-2004 - In order to arrest this scourge, the African Development Fund (FAD) has approved a project on the Integrated Management of Invasive Aquatic Weeds in West Africa (IMIAW) for a total amount of US$11.76 million. This funding includes a loan of US$7.4 millions and a grant of US$1.45 million. The goal of the project is to ensure the sustainable management of the natural resources, especially the water resources, and optimize their contribution to social, economic and environmental development of the sub-region. The ECOWAS will implement the three...

AfDB Boards Returns from Summer Recess: Approves Project Loans and Policy Initiatives

08-Sep-2004 - On internal policy matters, the Board approved the establishment of an Economic and Technical Cooperation Unit within the Bank to provide strategic and policy support to the Bank's operations departments on regional integration matters and serve as the Bank's primary interlocutor with external agencies on regional integration issues.

AfDB Boards Returns from Summer Recess: Approves Project Loans and Policy Initiatives

08-Sep-2004 - On internal policy matters, the Board approved the establishment of an Economic and Technical Cooperation Unit within the Bank to provide strategic and policy support to the Bank's operations departments on regional integration matters and serve as the Bank's primary interlocutor with external agencies on regional integration issues.

ADF Helps Mali Improve its Balance of Payments

19-Jul-2004 - The ADF loan is a balance of payments support for use in financing goods and services imports originating exclusively from ADB Group member countries. Amounting to 8.6 million units of account (US$ 12.63 million), the loan will facilitate the implementation of additional reform measures under the third Structural Adjustment Programme (SAP III) and the new Cotton Sector Action Plan.

XIth Summit of NEPAD's HSGIC

07-Jul-2004 - The NEPAD's Heads of States and Governments Implementation Committee (HSGIC) meets on a regular basis to assess progress in NEPAD. The Bank participates in these meetings, as a core NEPAD stakeholder and technical adviser. During the XI th Summit, held in Addis Ababa, Ethiopia, the Bank's President made an intervention.

1st African Development Bank's Water Week

30-Jun-2004 - The Water Week aimed at engaging the stakeholders and partners in the African water sector, consolidating existing partnerships and creating new ones, as well as galvanizing broad support from both stakeholders and the wider international community to advance African water resources development and management. It was during the Water Week that the Rural Water Supply and Sanitation Initiative (RWSSI) and the African Water Facility (AWF) were officially launched.

High-Level Seminar on African Finance for the 21st Century

06-Apr-2004 - The Joint Africa Institute (JAI) recently in Tunis organized a High-Level Seminar on African Finance for the 21st Century. The seminar focused on financial sector development in sub-Sahara Africa and its contribution to economic development on the continent. The session focused on three themes: the development of financial institutions and markets; efficiency and soundness in the financial sector, and practical policymaking in weak institutional environments.

La BAD et la Guinée-Bissau signent un accord de don : Renforcement des capacités de gestion économique

01-Apr-2004 - M. Mohamed Gharbi, vice-président du Groupe de la Banque africaine de développement (Bad) chargé des opérations dans les régions Centre et Ouest, a estimé, lors de la cérémonie de signature, que « le renforcement des capacités humaines et institutionnelles est un besoin urgent pour le pays, en particulier dans le domaine de l’administration économique et financière ».

ADF, ECCAS sign grant agreement : institutional support project of the general secretariat of the ECCAS

17-Jan-2004 - The ADB Vice-President for Central and West operations, Mr. Bisi Ogunjobi and the ECCAS General Secretary, Louis Sylvain-Goma signed in Tunis a grant agreement of 2.59 million Units of Account (UA*), equivalent to 3.88 million US dollars to finance an institutional support project of the general secretariat of the ECCAS. The ADF grant will be used to revitalise and build the Secretariat’s ability to act in matter of economic integration and regional cooperation, through restructuring and implementation of its work programme.

Regional Economic Communities CEOs Seminar on NEPAD

29-Oct-2003 - The Bank organized this seminar, held in Abuja, Nigeria,  for the Chief Executive Officers of the Regional Economic Communities (RECs). It was focused at raising awareness of the RECs on NEPAD and discussing NEPAD initiatives implementation at the RECs level. During the seminar, the Bank presented an exposé on the issues linked to the implementation of regional and sub-regional infrastructure programmes; the Bank also presented the role of lead agencies in NEPAD programmes. Other participants made presentations on related topics.

TransAfrica 21

31-Mar-2003 - TransAfrica21 provides an annual meeting place for African government ministers, parastatal executives, and the international transport community to discuss investment and business opportunities associated with restructuring, privatization and private-sector participation in Africa's railways, ports, roads and airports are discussed. Over 200 delegates from 26 countries attended the Forum.