04-May-2015
East African transport corridors to adopt the Japanese Michi-no-Eki (Road Side Stations) concept
The Northern Transport Corridor in East Africa, extending from the port of Mombasa in Kenya and serving the hinterland countries of Uganda, Rwanda, Burundi, Eastern Democratic Republic of Congo (DRC) and South Sudan, is the busiest trade and transport corridor in East Africa handling the bulk of...
The Fund for Africa Private Sector Assistance (FAPA) hosted by the African Development Bank (AfDB) signed on March 5, 2015 in Abidjan a seed equity investment of US $400,000 to Africlear Global. The goal of the investment is to enhance the efficiency of capital markets by supporting the...
How can the Ivorian Government and the private sector combine their efforts to attract investment, raise capital and finance enterprises, to ensure the country's progress towards emergence by 2020? To respond to the question, the Government, in partnership with the African Development Bank Group...
On April 8-9, the Chief Economist Complex of the African Development Bank organized a Bank-wide seminar on the Housing Market Dynamics in Africa at the Bank’s headquarters in Abidjan. The objective of this seminar was to share preliminary findings of the forthcoming study on the continent’s housing...
African Development Bank President Donald Kaberuka announced $300 million to support the national Post-Ebola Recovery program of Ebola-affected countries during the World Bank-IMF Spring Meetings in Washington. AfDB’s funding will provide support to Governments of Ebola-affected countries by...
The African Development Bank (AfDB) and the Infrastructure Consortium for Africa (ICA) participated at the Validation Meeting for the Programme for Infrastructure Development in Africa (PIDA) Acceleration Strategy Action Plan (PAS) and the preparatory meeting for the launching of the Continental...
While the International Monetary Fund and World Bank announced this week that economic growth in Sub-Saharan Africa remains strong, the agencies predicted a second successive year of slowed growth for 2015. But that news does not change African Development Bank Group (AfDB) President Donald...
The Board of Directors of the African Development Bank Group approved a US $140-million loan to Egypt’s Sharm El-Sheikh Development Project on April 15, 2015 in Abidjan, Côte d’Ivoire.
The Board also approved a US $1.90-million Middle Income Countries Technical Assistance Fund Grant to finance...
On March 25, Guinea-Bissau convened an international donor conference in Brussels in order to lay out its new strategic vision 2015-2025 “Terra Ranka” (“A fresh start”). The vision was accompanied by a detailed operational plan with specific programmes and projects being presented. The conference’s...