For a decade, Africa has had a steady growth rate of six per cent. But signals to the contrary are emerging, raising doubts about the continuation of this trend and even leading to pessimism about future years on the part of some analysts. For his part, Donald Kaberuka, President of the African...

African Development Bank (AfDB) Vice-President responsible for Sectoral Operations, Aly Abou-Sabaa, as head of the major delegation dispatched by the Bank to Sharm el-Sheikh to attend the Egyptian Economic Development Conference (EEDC), addressed a large audience on Day 2 of the event, Saturday,...

AfDB sent a large delegation to the Egyptian Economic Development Conference (EEDC) held March 13-15, 2015 in Sharm el-Sheikh. Intended to promote the new fundamentals of the Egyptian economy, the EEDC attracted a host of leaders and more than 2,000 participants. Requested by the Egyptian...

The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, March 11, 2015 approved an African Development Fund (ADF) Loan of US $123 million to Kenya for the Mombasa-Mariakani Highway upgrading project. The project road is a key import/export gateway and an important...

On March 3, Ginette Nzau-Muteta, African Development Bank Health Manager, spoke at a high-level conference on “Ebola: From emergency to recovery” hosted by the European Union in Brussels. Nzau-Muteta presented the Bank’s efforts in the fight against Ebola with a health systems strengthening...

Ten members of the Board of Directors of the African Development Bank (AfDB) participated in a consultation mission to Zimbabwe from February 22 to 28, 2015. The goal of the visit was to update the Executive Directors on current socio-economic developments, the implementation of AfDB-funded...

The Lake Turkana Wind Power project is of significant strategic benefit to Kenya, and one of the largest private investments in Kenya’s history. It aims to provide 300MW of reliable, low cost wind energy to the national grid, equivalent to over 20% of the current installed electricity generating...

In accordance with the construction of the new terminal building (No.3) in the Sharm El-Sheikh Airport, an environmental and social assessment of the project was carried out. This executive summary provides the main conclusions of this environmental and social assessment and the main actions to...

The African Water Facility announced on Monday, February 16, 2015, that it is providing a €1.2-million grant to help improve school sanitation facilities in Eastern Cape Province, South Africa. Over 100,000 students will directly benefit from this project, which will also create business...