Africa recorded nearly 4% GDP growth in 2013, a two-percentage point decline compared to 2012, according to the 2013 operations results released by the African Development Bank Group (AfDB) on Wednesday, May 21 in Kigali, Rwanda.
According to the financial report ...
2013 marked the first year of implementation of the Bank's Ten-Year Strategy for the period 2013-2022, approved in April by the Board of Directors, with the dual aims of economic inclusion and transition to green growth. Selectivity and the quest for results continue to serve as guides. In...
Annual Meetings Website
20-May-2014
Africa’s blue economies vital for development
The notion of blue economies is one that has recently gained attention as an avenue for development in Africa. The fairly new concept encapsulates all of the potential of oceanic resources and was at the centre of the AU’s Agenda 2063, where it was unanimously declared ‘Africa’s future’....
The President of the African Development Bank, Donald Kaberuka, has said that for Africa to reduce the perception of risk in infrastructure investment, much focus is needed to get things done and move to another level of development.
He was speaking on Tuesday, May 20 during a high level panel...
19-May-2014
Africa Progress Report 2014
The annual Africa Progress Report is the flagship publication of the Africa Progress Panel. Published every year in May, the report draws on the best research and analysis available on Africa and compiles it in a refreshing and provocative manner. Through the report, and as part of its overall...
19-May-2014
Africa needs to industrialise as franchises for made in Africa value chains beckon: AEO 2014
Africa’s social and economic conditions are progressing steadily, according to the 13th edition of Africa Economic Outlook (AEO) themed, “Global Value Chains and Africa’s Industrialisation.”
The continent has been quite resilient to regional and global headwinds that constrain economic...
19-May-2014
AEO 2014 - African countries need to tap global markets more effectively to strengthen their economies
Empowering people through investments in skills and technology needed to boost development
By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic...
Kicking off the first day of the Annual Meetings was “Tracking Africa’s Progress” on the challenges of establishing targets and making policies with insufficient or poor data. Over the years, many African countries have significantly scaled up their data collection efforts, but challenges...