Economic & Financial Governance

08-Oct-2019

EOI - Gambia - Drafting of regulations and guidelines for the full implementation of UN and FATF requirements on prevention of terrorism and terrorism financing - IGPISP

The Financial Intelligence Unit of The Gambia (FIU) is an agency established by the Government of the Republic of The Gambia to combat Money Laundering, Terrorism Financing and other Criminal Conducts as provided in the Anti-Money Laundering and Combating of Terrorist Financing (AML/CTF) Act 2012. The FIU works closely with the Financial Action Task Force (FATF) style regional body called the Inter-Governmental Action Group Against Money Laundering in West Africa (GIABA) for the full implementation of the FATF requirements on the prevention of money laundering and terrorism financing. Part...
09-Sep-2019

Lesotho - E-Government Infrastructure Project - Appraisal Report

The objective of the project is the enhancement of good governance by the deployment of a modern and secure e-government broadband infrastructure. Specifically, the project shall enhance coordination of public service delivery across ministries, key agencies and local governments. The Project will also strengthen existing Government data centers and portals; and improve access to e-services for state building such as automated administrative services including e-payroll; civil registration; e-health, e-procurement, e-customs;and,revenue management. The total estimated cost of the project is...
06-Sep-2019

Chad - Business Climate Improvement and Economic Diversification Support Project - Appraisal Report

PACADET’s objective is to promote private sector development and economic diversification in order to lay the groundwork for inclusive economic development in Chad. Its operational objectives are to improve the investment climate by implementing two major components, namely: (i) Supporting public and private sector dialogue and investment climate reform; and (ii) Supporting entrepreneurship and investment promotion.
06-Sep-2019

Tanzania - The Governance and Economic Competitiveness Support Programme (GECSP) – Supplementary Financing - Appraisal Report

The goal of the supplemental financing, which is aligned with the GECSP, is to support reform efforts aimed at improving Tanzania’s business enabling environment and enhance private sector development. It specifically targets interventions geared towards improving the performance of the energy sector which is critical to attaining accessible, reliable and affordable power in Tanzania. This will ultimately help improve access to and reduce the cost of energy thereby impacting positively on private sector development and the business environment. The stated goal is in line with component 3 or...
02-Sep-2019

Central African Republic - Economic and Financial Reform Support Programme (approved)

PAREF comes in a context of normalization of the country’s institutions, with the adoption of a new constitution in December 2015 and the election of a new president in February 2016. The Programme is part of continuing measures supported by the two Crisis Response Budget Support (CRBS) operations, which assisted the transitional government in restoring the capacities of the financial and social administration. PAREF will include more structuring measures to help boost the economy and improve public finance management. The implementation of programme measures are expected to result in(i) an...
28-Jun-2019

AMI – Mali - Consultant (Firme) pour la conception, le développement et le déploiement d’un Système d’Informations foncières / Guichet Unique du Foncier (SIF/GUF) au Mali – PACEM

Le Gouvernement de la République du Mali a reçuunfinancement du Groupe de la Banque Africaine de Développementafin de couvrir le coût du Projet d’Appui à la Compétitivité de l’Economie Malienne (PACEM), et a l’intention d’utiliserune partie des sommes accordéesau titre de ce donpourfinancer lecontrat deservices de consultant pour la conception, le développement et le déploiement d’un Système d’Informations foncières / Guichet Unique du Foncier (SIF/GUF) au Mali.
28-Jun-2019

AMI – Mali - Consultant individuel spécialiste supérieur en promotion des opportunités d’investissement dans le domaine de l’élevage pour le compte de l’Agence pour la Promotion des Investissements au Mali (API-Mali) - PACEM

Le Gouvernement de la République du Maliareçuun financement du Groupe de la Banque Africaine de Développementafin de couvrir le coût duProjet d’Appui à la Compétitivité de l’Economie Malienne (PACEM), et a l’intention d’utiliserune partie des sommes accordéesau titre de ce donpourfinancerlecontrat deservices d’un Consultant individuel spécialiste supérieur en promotion des opportunités d’investissement dans le domaine de l’élevage pour le compte de l’Agence pour...
28-Jun-2019

AMI – Mali - Consultant (Firme) pour l’élaboration des outils méthodologiques et des documents standards pour la passation des marchés Partenariat Public Privé (PPP) – PACEM

Le Gouvernement de la République du Mali a reçuunfinancement du Groupe de la Banque Africaine de Développementafin de couvrir le coût du Projet d’Appui à la Compétitivité de l’Economie Malienne (PACEM), et a l’intention d’utiliserune partie des sommes accordéesau titre de ce donpourfinancer lecontrat deservices de consultant pour l’élaboration des outils méthodologiques et des documents standardspour la passation des marchés Partenariat Public Privé (PPP).
28-Jun-2019

AMI – Mali - Consultant individuel pour l’assistance technique-expert senior en financement des industries pour le compte de l’Agence pour la Promotion des Investissements au Mali (API-Mali) - PACEM

Le Gouvernement de la République du Malia reçu un financement du Groupe de la Banque Africaine de Développementafin de couvrir le coût duProjet d’Appui à la Compétitivité de l’Economie Malienne (PACEM), et a l’intention d’utiliserunepartie des sommes accordéesau titre de ce donpourfinancer le contrat deservices d’un Consultant individuel pour l’assistance technique-expert senior en financement des industries pour le compte de l’Agence pour la Promotion des Investissements au Mali (API-Mali).
26-Jun-2019

AMI – Mali - Consultant individuel pour l’assistance technique-expert senior en financement des industries pour le compte de l’Agence pour la Promotion des Investissements au Mali (API-Mali) - PACEM

24-May-2019

Strategic and Operational Framework for Regional Operations

This paper presents the African Development Bank Group’s strategic and operational framework for regional operations (ROs). This framework addresses concerns raised by Bank Group shareholders and clients about the current framework and is intended to better position the Bank Group as a major contributor to regional integration in Africa. It is important to note that ROs are an essential tool to promote regional integration more broadly, but not the only one at the Bank Group’s disposal.
24-May-2019

Corporate Governance Strategy - July 2007

The African Development Bank (“the Bank”) has fully recognized over the last few years that good governance is key to Africa’s future development. Studies have shown that it contributes to macroeconomic stability and predictability; it enhances government’s ability to implement poverty reduction policies by ensuring transparent and participatory policy-making; it enables public functions to be executed in an accountable manner and therefore increases investor confidence, and it demonstrates a country’s strong commitment to international anticorruption standards. In this way, improved...
16-May-2019

Climate Finance Bimonthly Newsletter - Issue N°27 - August-October 2014

A SET OF BOLD AND AMBITIOUS COMMITMENTS to climate finance were made during the UN Climate Summit on September 23rd, which gathered around 120 heads of state. Pledges of around US$ 2.3 billion were made to the Green Climate Fund; over 150 supporters endorsed the New York Declaration on Forests, including countries who committed to halving deforestation by 2020 and ending it by 2030; and the Global Investment Coalition on Climate Change announced that it would double investments in climate change to US$ 84 billion by 2015 as well as increase current climate change investment 10-fold between...
15-May-2019

Development Research Briefs - Lengthening Financial Contracts, an Issue in the West Africa Economic and Monetary Union (WAEMU) Region

The key constraints faced by the banking sector in the region include the following: • The main source of long term funding for banks is time deposits (over 24–month maturity); • The regulations by the Banque Centrale des Etats de l’Afrique de l’Ouest- (BCEAO) stipulate that the ratio of medium and long term loans to time deposits (transformation ratio) must not exceed 25 percent; • High corporate tax rates are a serious burden and restrict the amount of available resources to be leveraged by banks (Table 1).
14-May-2019

Africa Economic Brief - Characterizing Africa’s Economic Dynamism

In the years before the global financial crisis (GFC), several African countries staged notable turnarounds in their economic performance. They exhibited developments similar to those experienced by the earlier emerging markets in other regions in the 1980s or more recently by some African emerging markets such as South Africa (Nellor 2008).
14-May-2019

Economic Brief - Economic Integration to Expand or to Deepen

This brief seeks to examine the various geographically proximate African FTAs in the context of analyzing the deeper and expand models of economic integration and endeavor to indicate which of the two is likely to prevail. The compelling discussion in the brief is on the real or potential of either or both models and their robustness in driving economic integration in the continent. The brief as well highlights some of the persistent challenges that are holding Africa’s integration thus denying it measurable gains. European Union integration experiences are weaved in by way of underlining...
14-May-2019

Economic Brief - Capital Market Development in North Africa Current Status and Future Potential

Capital markets in North Africa have a long history but have been marginal to the region’s development. For the private sector to expand and flourish there is strong evidence which shows that the ability to raise equity finance is indispensable. However this investigation reveals the limited breadth and depth of the North African markets. Markets in sovereign and corporate bonds complement equity financing, but these are also underdeveloped in North Africa. The study finds that legal and regulatory provision is for the most part adequate, but there has been an absence of confidence by both...
13-May-2019

Market Brief - Africa Economic Financial Brief 03-07 June 2013

Combating food insecurity and promoting green economic growth are at the heart of the development agenda of the African continent. In recent years, Africa has achieved significant progress on the Millennium Development Goals including cutting hunger and environmental sustainability. However, much more needs to be done for full transition of African countries to green and inclusive economic growth. Here, Africa’s fishing industry can play an important part in fighting hunger and in the transition to more environment-friendly economic development. In fact, with more than 26,000 km of coast-line...
13-May-2019

Market Brief - Africa Economic Financial Brief 02-06 September 2013

From 2011 to date, many African countries took steps to drawdown on unsustainable fuel energy programs. The case for energy subsidy reforms was based on the fundamental argument that poorly targeted energy consumption subsidies deprive countries of scare resources critical to other priority sectors. In Africa it is estimated that the top quintile of the income distribution captures about 45 percent of energy subsidy; the bottom quintile only receives 8 percent. In 2011 alone, fuel consumption subsidies in Nigeria, Cameroon and Ghana cost USD 7.5 billion, USD 600 million and USD 276 million,...
13-May-2019

Market Brief - Africa Economic Financial Brief 04-08 November 2013

In October 2013 both Zambia and Ghana received downgrades from the global ratings agency Fitch. Both countries were downgraded from B-plus to B as a result of growing and persistent deficits and. The Zambian authorities expect a deficit of 8.5 percent of GDP in 2013, against an expected target deficit of 4.5 percent of GDP, and an average of 3 percent between 2006 and 2011[1]. South Africa is in an equally difficult position with frequent strikes in its bellwether mining and auto sectors dampening growth prospects while pullbacks in unsecured lending have shaved-off consumer spending. These...