The Climate Investment Funds (CIF) has approved a grant of US $950,000 to help Nigeria prepare for a proposed project to revamp Abuja’s mass transit system. The request for the project preparation money was submitted to the CIF by the Government of Nigeria and the African Development Bank (AfDB)....
The African Development Bank’s Financing Change: The AfDB and CIF for a Climate-Smart Africa is the Bank’s second semi-annual report on its work to implement the Climate Investment Funds (CIF) in Africa, covering July-December 2012.
The report showcases expected results from projects underway in...
The African Development Bank (AfDB), the Economic Commission for Africa (ECA) and the African Union (AU) have, under the Climate for Development in Africa Program, undertaken a vibrant campaign for financial resources mobilization aimed at making viable the Special ClimDev-Africa Fund, a joint AU-...
The African Development Bank (AfDB) and the Organisation for Economic Co-operation and Development (OECD) jointly organized the workshop “Green Growth in Africa: Concepts, Tools and Strategies for Building Greener Economies and a Sustainable Future”. Hosted by the Zambian Ministry of Lands in...
31-Jan-2013
Accelerating the Transition to a Sustainable Economic Development in Africa - AfDB President Donald Kaberuka
Event: Delhi Sustainable Development Summit 2013
The Delhi Summit has become such a landmark in the defense of the “Global Commons” and for raising the alarm at the alacrity with which humanity is marching towards the “planetary boundaries”. This is not the place to restate what science tells us...
16-Jan-2013
AfDB Hosts Meeting to Consider Private Sector Engagement in Climate Investment Funds (CIF) Operations
At a CIF Partnership Forum event hosted by the African Development Bank on November 7, 2012 in Istanbul, a panel of speakers considered key points underpinning private sector investment in CIF operations, including fiscal ones, and lessons from specific countries which have been successful at...
The African Development Bank hosted a two-day meeting of international finance institutions (IFIs) in Istanbul on November 8 and 9, 2012 to advance the analysis and information-sharing regarding the role that Climate Change Development Policy Operations (CC DPOs) can play in promoting structural...
16-Jan-2013
AfDB Represents MDBs at Civil Society Discussion
During the 2012 Climate Investment Funds Partnership Forum, which took place in Istanbul, Turkey, on November 6 and 7, Mafalda Duarte, CIF Coordinator for the African Development Bank, represented the Bank and other multilateral development banks (MDBs) on a panel discussing Civil Society...
Geothermal resource utilisation activities have a 36-year long history in Djibouti. The first exploration campaign was conducted in 1975 by BRGM. A second drilling programme, partly financed by the World Bank, was conducted in the late 1980s in Lake Assal region (4 boreholes) and Hanlé region (2...