13-Sep-2012
Joint Evaluation of Public Finance Management Reforms: Importance of Policies, Design and Coordination
Public finance management (PFM) reforms deliver results:
When there is a strong political commitment to implement reforms;
When reform design and implementation models are well tailored to the institutional and capacity context; and
When government officials put in place...
12-Sep-2012
Africa Development Fund Mid-Term Review - Opening Remarks by the AfDB President Donald Kaberuka
Event: African Development Fund Mid-Term Review
In 2010, despite tight finances, ADF members agreed to yet another generous replenishment of the Fund, as you have done in the past 40 years. In the past three replenishments alone ADF 10, 11 and 12, a total of 21 billion dollars was mobilized...
The African Development Bank (AfDB) Group on September 6, in Tunis approved a loan of UA 30 million, equivalent to 24 billion CFA francs, to the Republic of Benin as funding to support the country’s economic and financial reforms. The funding amount will be deducted from the resources of the...
Le projet visait à relever les défis liés aux faiblesses des capacités de gestion de la dette et desinvestissements, ainsi qu’à rétablir et à renforcer la fonction de contrôle et de lutte contre la corruption. Il s’agissait d’apporter un appui bien ciblé qui, conjugué à l’apport des autres PTF...
East Africa witnessed in October of 2011 a considerable surge in inflation reaching on average 20%. This rise in price has been an issue of concern for policymakers and the general public. In Ethiopia inflation rate reached 34%, and inflation attained its highest value of 18.9% in Kenya the very...
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Contexte
La Banque africaine de développement (BAD) et l’Algérie ont, depuis quelques années, donné une nouvelle impulsion à leur partenariat, en faisant de l’assistance technique, un facteur...
Ethiopia and Kenya have experienced strong economic growth for over nearly a decade. However, inflation, which was thought to be under control, has become a major challenge. High, and volatile, inflation is a threat to good economic performance and has negative effects on many of the poor. Table...
27-Aug-2012
Government of Ethiopia and AfDB Sign US$ 251-million Loan Agreement to Finance Basic Services
The Government of Ethiopia and the African Development Bank signed a US$ 251-million loan agreement Friday for the “Promoting Basic Services” (PBS) Phase III Program at a ceremony held at the Ethiopian Ministry of Finance and Economic Development in Addis Ababa. H.E. Ahmed Shide, State Minister of...
16-Aug-2012
The Global Economy Rebuilding Resilience in SADC and Africa - AfDB President Donald Kaberuka
Event: 32nd SADC Heads of State and Government Summit
I would like to be brief. In the few minutes availed to me this morning, I want to share with you our assessment on two issues:
First, the global economic outlook, its implications for the SADC region and Africa’s growth prospects...