A supplementary Technical Cooperation Agreement of the Korea Africa Economic Cooperation (KOAFEC) Trust Fund was signed on October 16, 2012, between Jaewan Bahk, Minister of Strategy and Finance, Republic of Korea, and Donald Kaberuka, President of the African Development Bank Group, during the...

The Office of the Chief Economist of the African Development Bank released a working paper this month on the pressing issue of youth employment in Africa, entitled “Youth, Jobs, and Structural Change: Confronting Africa’s ‘Employment Problem’". The paper discusses how Africa has enjoyed 15 years...

La Banque Africaine de Développement (BAD) organise, en collaboration avec l’Université de Nice Sophia Antipolis et l’Institut Supérieur d’Economie et Management, une conférence-débat sur la stratégie de développement du capital humain 2013-1017 de la Banque. La Directrice du Département de...

This paper presents evidence on the making of the middle class in Africa by exploiting a comparable micro data from the Demographic and Health Surveys (DHS) for forty-two countries over two decades consisting of over seven hundred thousand household histories. Based on an asset index constructed...

We develop a model to study the macroeconomic effects of public investment surges in low-income countries, making explicit: (i) the investment-growth linkages; (ii) public external and domestic debt accumulation; (iii) the fiscal policy reactions necessary to ensure debt-sustainability; and (iv)...

Despite 40 percent of households relying on household enterprises (non-farm enterprises operated by a single individual or with the help of family members) as an income source, household enterprises are usually ignored in low-income Sub-Saharan-African development strategies. Yet analysis of eight...

Despite being Africa's largest economy, South Africa still has an uncharacteristically high unemployment rate, with the formal economy unable to absorb (predominantly unskilled) surplus labour. While early claims of jobless growth in the post-apartheid era have been refuted, the rise in...

Using data from the Third Cameroonian Household Survey (ECAM3), this paper examines the determinants of the differences in labour force participation between people with and without disabilities. The results obtained indicate that there is a substantial employment gap between disabled and non-...

The African Development Bank Group today joined the international community in commemorating the International Day for the Eradication of Poverty. The occasion presents an opportunity to take stock of the progress made in achieving the objectives of the Millennium Development Goals by...