Eritrea - Support to Higher Education Development - ESMP Summary

The project team visited the two institutions at which the construction activities will take place and thoroughly reviewed with the institutions the designs of the buildings and provided advice as appropriate on environmental issues. The two institutions also submitted information on the likely environmental impacts of the works and the mitigation measures that will be put in place.

2008 - Eritrea - Country Gender Profile

The African Development Bank is supporting member countries to develop gender profiles to assist gender mainstreaming in Regional Member Countries. The gender- profile identifies gender related policy and programme interventions, which lead to poverty alleviation, economic growth and human development.

Confronting the Global Financial Crisis: Bank Efficiency in Africa

The current global financial crisis that originated in the collapse in the market for sub-prime mortgages in the United States in 2007 initially did not hit Africa directly. The crisis also had little impact on the Sub-Saharan African (SSA) financial systems because the financial sector in Africa remains shallow, uncompetitive and weakly integrated into the global markets. Despite the fact that money, currencies, and capital markets had the significant pressures by the crisis, they have continued to function normally, and financial institutions in most countries have been stable without...

2009-2011 - Eritrea - Country Strategy Paper

Eritrea, one of the youngest nations in the world, gained its independence from Ethiopia in 1993 after 30 years of debilitating war. The post independence period was characterized by rapid development in both social and economic fronts, but the border war with Ethiopia that erupted in 1998, lasting until 2000, reversed some of the gains that were made. Since then, the country has been suffering from macroeconomic imbalances and its trade activities, which were behind the strong economic performance during the postindependence period, have been badly disrupted. The situation has been made...

Eritrea - National Livestock Development Project - Project Completion Report

The sector goal was to contribute to the national demand in livestock products and thus to enhanced national food security. The project objective was to increase livestock production and productivity and, therefore, contribute to increased incomes of livestock producers.

Eritrea - Fisheries Infrastructure Development Project - Completion Report

The State of Eritrea is located in the Horn of Africa. It is bounded in the east by the Red Sea, with a coast line of about 1155 km. Fifty years ago, fishing communities in Eritrea were particularly active in harvesting the fishery resources in the Red Sea but the protracted war for independence virtually destroyed all basic and fisheries infrastructure.Fishing is one of the most underdeveloped sectors of the Eritrean economy and potentially one of the most lucrative.

2006-2007-Eritrea-Country Strategy Paper

The Boards of Directors approved the 2002-2004 Country Strategy Paper (CSP) (Document ADB/DB/WP/2003/152-ADF/BD/WP/2003/191) in February 2004. The Country Strategy Paper for the period 2002-2004 was prepared in the context of Eritrea’s transition from a socio-economic crisis aggravated by conflicts and a severe drought and the intention to build a foundation for a long-term development and poverty reduction. The focus of the Bank Group’s assistance strategy was on Human Resource Development and was based on the Interim Poverty Reduction Strategy Paper (I-PRSP) of 2003. Education was...

ADF contributes to Education Sector Development in Eritrea

The Acting Vice President for the North, South and East operations of the ADB Group, Mrs. Zeinab El Bakri, and the Minister of National Development of Eritrea, Dr. Woldai Futur, signed today in Tunis a loan and grant agreement for the Support to Education Sector Development Program. The Bank Group’s contribution for the financing of this projects amounts to a loan of 13.6 million Units of Account (UA*), equivalent to 20.8 million US dollars, and a grant of UA 5.03 million, equivalent to US$ 7.7 million. The project aims to strengthen human capacity building through the provision of...