Eligible low-income African countries can now secure non-concessionary resources from the African Development Bank (AfDB)’s sovereign window, following a policy proposal approved by the Board of Directors on May 13 2014 in Tunis.
The proposal allows the Bank to respond proactively to...
The African Development Bank Group (AfDB) has approved a governance strategy framework and action plan to guide its operations in the regional members countries over the next five years.
The Governance Strategic Framework and Action Plan (GAP II) 2014–2018, approved by the Board on...
16-May-2014
AfDB moves to re-engage with Libya
The African Development Bank Group (AFDB) is moving to re-engage with Libya after its Country Re-Engagement Note 2014-2016 was approved by the Bank Group’s Board on Thursday, 15 May in Tunis.
According to the note, Libya’s new political landscape gives the Bank the...
14-May-2014
West Africa Monitor Quarterly - Issue 2
The West Africa Monitor is produced by the country economists of the African Development Bank Group’s (AfDB) West Africa Regional Department (ORWA) and Nigeria Department (ORNG) in close collaboration with the Regional Integration and Trade Department (ONRI) and the Bank’s Statistics Department (...
RWANDA has reached two major milestones since the Millennium. GDP per capita increased from $225 in 2000 to $693 in 2013, growing by an average of 8% annually. Poverty rates decreased from 59% in 2000 to 45% in 2011, with well over a million Rwandans lifted out of poverty. An increasing number of...
The African Development Bank is proud to be part of Rwanda’s quest for economic transformation. Our current portfolio of projects in Rwanda totals USD1.65 billion. We have supported such critical areas as infrastructure development, skills development, agriculture, science and technology, private...
L a coopération entre la Banque africaine de développement (BAD) et le Gabon est vieille de plus de quarante ans.
Cette coopération multiforme s’est, au cours de cette période, matérialisée par l’approbation par la BAD de plus de 44 opérations pour des engagements nets des annulations de 830...
14-May-2014
Nigeria - 2013 - Country Profile - Leveraging Partnerships for Economic Transformation and Inclusive Growth
I wish to commend the Government and people of Nigeria for their determined efforts to bring about positive social and economic changes in their country in recent years. In the past decade, the country has put in place policies and programmes that are now yielding remarkable dividends. I am very...
The African Development Bank (AfDB) launched its golden jubilee celebrations on April 22 in Tunis in a colourful ceremony mingled with sober reflections on the Bank’s development journey and how to tackle Africa’s future challenges.
AfDB President Donald Kaberuka paid tribute to the Bank’s...