The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, July 24, a senior loan of up to 50 million euros to finance the CIPREL Power Expansion Project to increase the existing plant capacity by 222 MW and thereby help Côte d’Ivoire to meet its growing...
The Board of Directors of the African Development Bank (AfDB) approved today the Africa Small and Medium Enterprises (SME) Program, a four-year, US $125-million funding program combined with a US $3.98-million technical assistance package granted by the Fund for African Private Sector Assistance (...
20-Jul-2013
Roundtable on Financing Africa’s Infrastructure
In a joint declaration issued in Tunis, Tunisia, on 19 July 2013, African institutions endorsed the AfDB’s Africa50 Fund as Africa’s vehicle to facilitate large-scale mobilization of resources and to unlock international private financing with a view to addressing Africa’s infrastructure gap....
Executive Directors of the African Development Bank (AfDB) Group hosted the heads of Africa’s political, economic and development institutions on Friday, 19 July 2013 in Tunis, kick- starting a day-long round table on how to scale up infrastructure financing for the continent’s transformation in...
In a meeting held on 19 July 2013 in Tunis, Tunisia heads of key African economic and development institutions committed to working towards filling Africa’s infrastructure financing gap. African Union Commission (AUC) Chairperson, Nkosazana Dlamini- Zuma, United Nations Economic Commission...
19-Jul-2013
Financing Africa's Infrastructure Beyond “Business As Usual” - AfDB President Donald Kaberuka
Event: AfDB/AU/UNECA Roundtable on Financing Africa’s Infrastructure
I want to begin by commending your achievements, each one in your respective mandates as heads of regional economic commissions and leaders of sub-regional financial institutions.
The progress Africa has been making is in...
The annual growth rates of mobile phone penetration in the developing world have ranged between 30% and 50% or higher, and penetration has been rapidly increasing. In Africa, mobile phone penetration has exploded during the last ten years. Between 1998 and 2009, Africa witnessed an increase from 0....
The Board of Directors of the African Development Bank (AfDB) Group met on Wednesday, July 17, 2013 in Tunis, and approved country strategy papers for Equatorial Guinea and the Democratic Republic of Congo.
The main objective of Equatorial Guinea’s Country Strategy Paper is to accompany the...