Fragility & Resilience

13-May-2008

Managing New Threats to Sustain Momentum - AfDB President Donald Kaberuka

Event: 2008 AfDB Annual Meetings Opening Session This Assembly, and its organs, have a packed agenda. We have, important statutory matters to consider; beginning with a review of the Bank’s operational and financial performance as well as its delivery. But this is also a privileged moment to step back, and assess the economic condition of the continent and determine what together we can do, to accelerate progress on the ground. At my first Annual Meeting in Ouagadougou, May 2006, I indicated to you my intention to set up a High Level Panel of Eminent Persons to help us with an...
17-Apr-2008

AfDB, Togo Commence Debt Cancellation Process

Tunis, 17 April 2008 – Senior officials of the African Development Bank (AfDB) Group led by the Vice President for Country and Regional Operations and Policy, Joseph Eichenberger and a Togolese delegation led by the Minister of Finance, Adji Ayassor, signed an Aide Memoire in Tunis on Tuesday, outlining modalities for the clearance of the country’s debt to the Bank Group within the framework of the Fragile States Facility (FSF) approved by the Board on 28 March 2008. The document is considered to be a major step in the ongoing dialogue with Togolese authorities following the...
15-May-2007

Africa in 2007 - The Resurgent Challenges and Opportunities for the Bank and its Partners - Openning Statement by the AfDB President Donald Kaberuka

Event: 2007 AfDB Annual Meetings Opening Session China/Asia and Africa It is not fortuitous that we are meeting on this continent, in China, and at this juncture. Today, across Asia, rapid economic transformation is lifting millions out of poverty and fuelling one of the longest periods of prosperity across the globe. Asia’s economic links with Africa which has a long history have increased dramatically over the last five years. Asia’s emergence as the world’s fastest growing market presents opportunities and some inspiration for Africa but also challenges. This Annual Meeting is an...
14-Mar-2007

Development banks urge partnership with private sector on climate change and set up working group on Fragile States

Multilateral Development Banks urged public and private institutions to work together more closely to meet future energy needs and combat climate change.  "Only in the context of a genuine public-private partnership can we create the conditions for investments that will meet the world’s demands for energy in an environmentally sustainable way", the heads of the MDBs and the International Monetary Fund said on Tuesday. The heads of the MDBs – the African Development Bank, the Asian Development Bank, the Inter-American Development Bank, the European Bank for Reconstruction and...
20-Dec-2006

Central African Republic Arrears Clearance

US$ 23.5 Million ADB Grant -  Boards of Directors Approve Lifting of Sanctions Imposed on CAR -  AfDB Group and Donors Each Clear 49.5% of CAR’s Arrears, while CAR clears the balance Tunis, 20 December 2006 –The Boards of Directors of the African Development Bank and the African Development Fund, meeting today in a weekly ordinary session in Tunis, recognized that the Central African Republic had met the criteria for receiving financial assistance within the framework of the institution's Post Conflict Country Facility. Accordingly, they decided to approve...
01-Jan-2000

Strategy for Enhanced Engagement in Fragile States

This paper presents the African Development Bank’s strategy for enhancing its engagement in fragile states. The objectives of the strategy are to more effectively assist fragile states to transit out of fragility, help prevent countries at risk of slippage and to assist countries in post-crisis and post-conflict transition move forward towards more stable political and economic development.