Canada

29-Sep-2015

An international effort to power Africa

Powerful alliances were made Monday when the President of the United States, Barack Obama, and the President of the African Development Bank Group (AfDB), Akinwumi Adesina, shook hands, sealing a commitment to continue to work together to propel Africa to new level of energy sufficiency. The leaders bonded over their mutual desire to see the continent move from darkness to light during a luncheon for heads of state given by the United Nations Secretary General. President Obama’s Power Africa initiative is already working to double access to electricity in Sub-Saharan Africa, a region where...
28-Oct-2014

Keynote at the International Economic Forum of the Americas - Toronto Global Forum - by the AfDB President Donald Kaberuka

1.   Good morning, Ladies and Gentlemen. It is a pleasure once again to be in Toronto, a vibrant city I last visited when Canada was hosting the G20. Thank you Gil Remillard for the invitation.  I hope I am forgiven for my two year absence from the Conference de Montreal.  Allow me first to extend our compassion to the People of Canada for the terrorist attack in Ottawa. A number of African countries have suffered similar attacks, including Kenya and Nigeria. So we understand the pain, and that is why our determination to work together to overcome this...
09-Oct-2013

First Call for Proposals of Africa Trade Fund

The African Development Bank Group (AfDB) is pleased to announce the first call for proposals of the Africa Trade Fund (AfTra). Award amounts shall range from 50,000 USD to 1,000,000 USD per project. We invite African-based national and regional organizations and associations involved in trade development such as African government agencies, regional economic communities and private sector and civil society organizations located in Africa to apply. Bank organizational units (sector and regional departments, field offices) are also invited to apply. Under this call for proposals, the...
12-Oct-2012

AfDB Presents Emerging Africa and Health Labour Market at Canada Conference

The Director for Human Development at the African Development Bank, Dr. Agnes Soucat, made a presentation on Emerging Africa and the Health Labour Market at a special session on “Preparing Health Professionals for the New Century” at the Rendez-Vous 2012 conference in Thunder Bay, Ontario, on Monday, October 10. The conference, which runs from October 9-14, is hosted by the Northern Ontario School of Medicine in collaboration with The Network: Towards Unity for Health, The World Organisation of Family Doctors, The Flinders University School of Medicine, ...
21-Mar-2012

AfDB to host the Friends of Zimbabwe Roundtable in Tunis

The African Development Bank (AfDB) will host the Friends of Zimbabwe Roundtable, to discuss economic and political developments in the country on 23 March. The meeting will also focus on the prospects of dealing with the country's external debt arreears.  The presentation of the Zimbabwe Accelerated Arrears, Debt and Development Strategy (ZAADDS) is a useful framework to address the issue of Zimbabwe’s external debt. ZAADDS is a key element of the government’s economic reform agenda. “It is clear that Zimbabwe cannot rehabilitate its infrastructure and move forward with its socio-...
12-Sep-2010

AfDB at World Energy Congress: Energy is Key to Africa’s Development

The African Development Bank (AfDB) will explain the challenges facing the African energy sector to a wide audience at the World Energy Congress (WEC), scheduled to take place in Montréal, Canada, 12-16 September 2010. “Increasing energy access is a priority for Africa”, says Hela Cheikhrouhou, the AfDB’s Director for Energy, Climate Change and Sustainable Development. She said large segments of the continent’s people, especially in Sub-Sahara Africa and in the rural areas of middle-income countries, live in conditions of acute ‘energy poverty’. Africa’s energy production is about 9.5%...
06-Jul-2010

AfDB Welcomes G-20 Commitment to ADF Replenishment

The African Development Bank (AfDB) Group has welcomed the G-20’s recent commitment to ensure a robust replenishment of the African Development Fund (ADF), the concessional window of the  Group. At their 26-27 June 2010 summit in Toronto, Canada, G-20 leaders recognized the key role multilateral development institutions are playing during this difficult period and the need to provide them with additional support. “We will fulfill our commitment to ensure an ambitious replenishment for the concessional lending facilities of the MDBs, especially the International Development...
30-Jun-2010

G-20 Recognizes Critical Role Played by MDBs

The G-20 Summit in Toronto took place at a time when the world is faced with uncertainty about the fate of the economy. However, the G-20 leaders clearly recognized the key role multilateral development institutions have to play during this difficult period and the need to provide additional support. Article 26 of the G-20 Toronto Summit Declaration specifically states: “We will fulfill our commitment to ensure an ambitious replenishment for the concessional lending facilities of the MDBs, especially the International Development Association and the African Development Fund”. This...
26-Jun-2010

G-20 Toronto Summit

AfDB Welcomes G-20 Commitment to ADF Replenishment The African Development Bank (AfDB) Group has welcomed the G-20’s recent commitment to ensure a robust replenishment of the African Development Fund (ADF), the concessional window of the Group. G-20 Recognizes Critical Role Played by MDBs The G-20 Summit in Toronto took place at a time when the world is faced with uncertainty about the fate of the economy. However, the G-20 leaders clearly recognized the key role multilateral development institutions have to play during this difficult period and the need to provide additional...
25-Jun-2010

G-20 Summit in Toronto: Strengthening Africa’s Voice

African Development Bank (AfDB) Group President, Donald Kaberuka, will participate in the G-20 leaders meeting in Toronto from 26-27 June 2010.  At the institution’s recent Annual Meetings in Abidjan, Côte d’Ivoire, in May 2010, Mr. Kaberuka was re-elected as the institution’s president for a second five-year term.  As with previous G-20 Summits, Mr. Kaberuka will attend in his capacity as a member of the African Union delegation. The Toronto summit will focus on key issues facing the global economy.  In the short term, the priority is to sustain the recovery.  At their...
07-Jun-2010

The International Economic Forum of the Americas/ Conference of Montreal

The International Economic Forum of the Americas/ Conference of Montreal is committed to heighten knowledge and awareness of the major issues concerning economic globalization, with a particular emphasis on the relations between the Americas and other continents.  The Forum also strives to foster exchanges of information, to promote free discussion on major current economic issues and facilitate meetings between world leaders to encourage international discourse by bringing together Heads of State, the private sector, international organizations and civil society. Nkosana D. ...
20-Jan-2010

Canadian Ambassador to Tunisia Accompanies Business People Delegation to the AfDB

Canadian Ambassador to Tunisia Le Canada est membre du Groupe de la BAD depuis 1982 Plusieurs fonds fiduciaires bilatéraux, dont le plus récent d’un montant de 5 millions de $ Can. a été approuvé en mars 2008 Contribution active du Canada aux initiatives multilatérales à l’instar de la Facilité africaine de l’eau, la Facilité de préparation des projets d’infrastructures dans le cadre du NEPAD et la Facilité d’appui au secteur privé africain. Le 21 janvier 2010, l’ambassadeur du Canada en Tunisie, M. Ariel Delouya, a accompagné une mission de gens d’affaires du Conseil canadien...
05-Oct-2009

AfDB Wins “Prix d'Excellence Afrique Expansion 2009”

Tunis, 14 October 2009 - The African Development Bank (AfDB) has been awarded the Afrique Expansion 2009 Excellence Award in recognition of its significant contribution to private sector development on the continent. The award was given by a Canada-based Magazine, Magazine Afrique Expansion, during the 4th edition of the Forum Africa, an event organized in collaboration with the African Business Roundtable (ABR) and the Canadian Council for Africa (CC Africa). The event was held in Montreal from October 5-7, 2009. Some 300 participants, entrepreneurs, politicians and leaders of public...
28-Sep-2009

AfDB Finance Vice President on Canada’s Decision to Increase Callable Capital

The African Development Bank (AfDB) Vice President, Finance, Thierry de Longuemar, has hailed Canada’s decision to temporarily make available US$2.6 billion, equivalent to CAD$2.8 billion, to the AfDB to enable it address the impact of the global financial crisis on African economies. Speaking in an audio interview (in French) held on September 28, 2009, Mr. de Longuemar said “Canada’s announcement of its support to our institution through the tripling of its callable capital is a major event, which I hope, will lead to the institution’s board of governors approving the AfDB’s sixth...
25-Sep-2009

The African Development Bank Welcomes Canada's Decision to Triple its Callable Capital to the Institution

Tunis, September 25, 2009 - The African Development Bank (AfDB) Group welcomes Canada's decision to temporarily make available USD$2.6 billion [CAD$2.8 billion] to AfDB to enable the institution address the challenges resulting from the impacts of the international financial crisis on African economies. The decision, which represents a tripling of Canada’s callable capital to the AfDB, was announced during the G20 Summit in Pittsburgh by Canadian Prime Minister Stephen Harper. “I very much welcome Canada’s generous offer to triple its callable capital to the AfDB, and will strongly...
09-Jun-2008

Mastering Change, The Great Transition: Reconciling Economic Development and Sustainability - AfDB President Donald Kaberuka

Event: International Forum of the Americas Twenty years ago, the World Commission on Environment and Development chaired by Gro Harlem Bundtland defined the concept of sustainable development as “a process of change in which the exploitation of resources, the direction of investments, the orientation of technological developments and institutional change are made consistent with future as well as present needs”. Much water has gone under the bridge since the Bruntland report. But today we are being reminded every day that, in spite of the all-round acknowledgement of the need for action...
15-Apr-2008

Canada and AfDB Group Launch New Technical Cooperation Fund to Finance Development Projects in Africa

The Government of Canada and the African Development Bank (AfDB) Group announce a new Technical Cooperation Arrangement under which Canada is providing Can.$5 million to a bilateral Fund for development projects financing in Africa, focusing on governance, regional economic integration, private sector development, environment and gender in line with the Bank’s focus areas. The newly approved Canadian Trust Fund, covering a period of 7 years, is completely untied. The AfDB, through the Partnership & Cooperation Unit, will manage the Fund to ensure transparent and results-oriented...