11/09/2018 - In April 2017, the African Development Bank opened a five-year US$7 million credit line to the Banque Populaire de Mauritanie (BPM), following an earlier line in July 2008, which had been repaid in full. These loans form part of the Bank's measures to promote the private sector in Mauritania.
23/08/2018 - Kenya has one of the most dynamic and innovative economies in sub-Saharan Africa. A decade after going through a food crisis and in the aftermath of the drought in 2016-2017, the country aims to achieve self-sufficiency in food products such as maize, tomato, cabbage, rice, beans, milk and meat. This clearly stated ambition of the Kenyan government has received support from the African Development Bank, which sees food security as a catalyst for the growth and development of the country’s productive sectors.
16/08/2018 - The African Development Bank is ramping up the pace of its work in the agriculture sector. Its new strategy to transform African agriculture, approved in May 2016, aims to eradicate extreme poverty, hunger and malnutrition in Africa and to transform the continent into a net exporter of food products.
This approach is much in evidence in Côte d’Ivoire, where the Bank set the tone in 2012 and 2016 by funding the Agricultural Infrastructure Support Project in Indénié-Djuablin Region (PAIA-ID) and the Value Chains Development Project in the same region (PDC-ID).
10/08/2018 - The 895-km highway corridor linking Kenya and Ethiopia has not only eased cross-border traffic between the two countries, but is a major push for economic integration within Africa, resulting in jobs and improved livelihoods across the Horn region.