‘Scaling up of infrastructure financing in line with Africa’s vision for the next 50 years” is the theme of a round table that will take place in Tunis, Tunisia on 19 July 2013. The aim of the roundtable is to rationalize approaches and foster synergies so as to optimize the impact of the various...
17-Jul-2013
2013-2017 - Private Sector Development Strategy
A vibrant private sector1 is the engine of growth which generates decent jobs and creates increased opportunities for more inclusive and green growth. While government can empower poor people through regulation, funding and providing public goods, private initiative can also provide services and...
17-Jul-2013
AfDB approves up to US $150 Million Line of Credit to Fidelity Bank in support of Nigeria’s Economic Growth
The Board of Directors of the African Development Bank (AfDB) approved today a US $75-million medium-term line of credit (LoC) to Fidelity Bank Plc to fund selected projects in sectors that are critical to Nigeria’s transformation agenda and economic growth such as infrastructure, manufacturing and...
17-Jul-2013
Multilateral Development Institutions Support a Robust Vision for Sustainable Development in Post-2015
The leaders of seven multilateral organizations have issued a joint appeal for global support of a report issued by a high-level UN panel that calls for ending extreme poverty and promoting sustainable development.
In a joint letter to UN Secretary General Ban Ki-moon on July 9, the seven...
The African Development Bank Board of Directors on Wednesday, July 10, 2013 in Tunis approved a five-year Country Strategy Paper (CSP) for Liberia covering the period 2013-2017. The paper tails the Joint Assistance Strategy (prepared jointly with the World Bank) for 2008-2012; and will support the...
Africa is now the fastest growing continent in the world, the African Development Bank’s Annual Development Effectiveness Review 2013 states.
The report, just published, says this growth has been driven mainly by improved economic governance on the continent and the private sector.
“Africa’s...
The African Development Bank (AfDB) encourages North African countries to find ways of building resilience against crises that could threaten economic and social stability.
In its 2013 Annual Report on North Africa, the Bank stresses the need to focus on inclusive development in order to tackle...
11-Jul-2013
At WTO Meeting on Aid for Trade in Geneva, AfDB President Presents the Africa50 Infrastructure Fund
Highlights of the Conference
At the invitation of the World Trade Organization, African Development Bank Group President Donald Kaberuka participated in the opening day of the 4th WTO Global Review of Aid for Trade (AfT) on July 8 in Geneva. The AfT review took place from July 8-10 under...
The African Development Bank (AfDB) believes that investment in better information is investment in better development, as transparent information on aid is fundamental for democratic ownership and accountability. It enables citizens and their representatives to monitor the allocation of resources...