For the fifth time the African Development Bank was a co-organizer of the Africa Carbon Forum (ACF) along with UN agencies, the World Bank and the International Emissions Trading Association (IETA). This important forum was held from July 3-5, 2013 in Abidjan, Côte d’Ivoire. Given the challenges of...

The African Development Bank’s Open Data Platform is now operational for the entire African continent. This follows the completion in July 2013 of the last phase of the project for the following 14 African countries: Benin, Comoros, Côte d’Ivoire, Djibouti, Equatorial Guinea, Eritrea, The Gambia,...

Africa is now the fastest growing continent in the world, the African Development Bank’s Annual Development Effectiveness Review 2013 states. The report, just published, says this growth has been driven mainly by improved economic governance on the continent and the private sector. “Africa’s...

A new project supported by the African Development Group (AfDB) plans to exploit the geothermal potential in the Lake Assal region to enable Djiboutian population’s access to a reliable, renewable and affordable source of energy.   Currently Djibouti relies mostly on fossil fuels and some...

The Global Environment Facility Council has approved a grant of USD 11.3 million, to be channeled through the AfDB, for climate adaptation activities in Cameroon, Djibouti and Kenya.   The Council’s Least Developed Countries Fund (LDCF) and Special Climate Change Fund (SCCF) will finance...

The African Development Bank (AfDB) Group approved on 19 June 2013, a US$ 18 million (UA 12 million) African Development fund (ADF) concessional loan to Zambia to finance the Country’s Livestock Infrastructure Development Support Project (LISP). The project aims to improve smallholder livestock...

The African Development Bank joined the international community in celebrating the World Day to Combat Desertification on Monday, June 17. This year’s theme is drought and water scarcity. African drylands are particularly vulnerable to water scarcity. While each person needs at least 2,000 cubic...

At the recent African Development Bank Annual Meetings in Marrakech, a high-level side event took place exploring the theme Innovative Financing for a Green Economy, defining how African stakeholders can attract private sector finance, particularly from pension and sovereign wealth funds, to...

Converting Africa’s impressive economic performance over the past decade into greater gains on the Millennium Development Goals (MDGs) remains a primary challenge for Africa, according to a new report. Released on May 27 in Addis Ababa, The MDG Report 2013: Assessing progress in Africa toward...