22-May-2014
Global value chains and the Bank's response
A value chain, or sector, is a set of products (goods or services) and producers combining to serve a market or even the world market. "Nowadays, growth should be translated into transformation; that is, it should not be merely a growth in GDP, but a transformation of our economies to create jobs,...
22-May-2014
AfDB operations reach UA 4.39 billion in 2013
AfDB Annual Report 2013
In 2013, the African Development Bank Group's total transactions reached UA 4.39 billion (1 UA = USD 1.55), or an increase of approximately 3% compared to 2012. African Development Fund operations amounted to UA 2.27 billion, an increase of about 20%...
22-May-2014
AfDB approvals reach UA 4.39 billion in 2013
AfDB Annual Report 2013
In 2013, the African Development Bank (AfDB) approved 317 operations representing a total of UA 4.39 billion (1 UA = USD 1.55), financed as follows: AfDB: UA 1.83 billion; African Development Fund: UA 2.27 billion; Nigeria Trust Fund: UA 31.2 million and...
"The learnings are legion and the lessons drawn abundant. So what shall we do with all this? We must act to provide the missing practical link between what we have diagnosed and what we have to do. Otherwise, Africa will still be there in fifty years' time thinking about what it has to do to...
Africa still does not occupy its rightful place on the world stage, but the continent's economy is healthier than it was four years ago. This was the consensus of the High-Level Debate on May 21, 2014 at the African Development Bank's (AfDB) Annual Meetings in Kigali.
The debate theme...
Rwanda’s President, Paul Kagame, officially opened the African Development Bank’s Annual Meeting on Thursday, May 22, 2014 in Kigali, commending the Bank for its huge contributions to Africa’s development.
“The African Development Bank, as a global institution, is an...
The African Development Bank Group’s 2014 Annual Meetings provides an opportunity to trace the institution’s development journey in line with the meetings theme: “The Next 50 Years: The Africa We Want.”
The financial presentation of the Bank’s operations provided a fertile...
21-May-2014
Impacting West Africa- Transforming People’s lives in Liberia through Microfinance - Issue 1
Pauline Thomas is a mother of four. She had dreamt of becoming an entrepreneur during her five-year stay in a refugee camp. She had escaped from the brutal civil war in Liberia when she fled the country with her husband and four children and found refuge in Sierra Leone, where she took classes...
On the second day of the African Development Bank (AfDB) Annual Meetings taking place in Kigali, a Civil Society Organizations (CSOs) Forum brought together representatives of CSOs across Africa and representatives of AfDB. The objective of this forum was to reiterate the Bank’s...