The Sustainable Energy Fund for Africa (SEFA) approved on 11th of August in Tunis a US$530,000 grant to Mali as co-funding for a project to promote renewable energy in the country (PAPERM project). The overall objective of the grant is to strengthen the enabling environment for...

After nearly a week of wheeling and dealing in Washington D.C., business leaders and policy makers from the United States and Africa are calling the first ever U.S.-Africa Leaders Summit an enormous success. Recognizing African Development Bank President Donald Kaberuka by name for his role in...

When it comes to growing a business, everyone from entrepreneurs to leaders of the biggest corporations will go wherever the best opportunities lie. That’s why more than 100 CEOs of US companies have descended on Washington to meet hundreds of African leaders from the public and private...

As part of the US-African Leaders Summit, on Tuesday, August 5, 2014, African Development Bank (AfDB) Group President, Donald Kaberuka, reaffirmed the AfDB’s support to advance the Power Africa initiative, with a commitment of $3 billion over a 5-year period. This support was originally...

During the official opening of the 3rd African Women’s Economic Empowerment Summit on Friday, July 25 in Lusaka, Zambia, the President of the African Development Bank, Donald Kaberuka, said countries can only develop if they involve women in their development agendas. Reflecting on the...

The Ministerial Conference on “Providing Africa’s Youth with Skills and Training for Jobs”, the proceedings of which began on July 21, was officially opened on Tuesday, July 22 by the Prime Minister and Minister of the Economy, Finance and Budget of Côte d’Ivoire, Daniel Kablan Duncan. The...

The Conference of Ministers on “Providing the African Youth with Skills and Training for Jobs”, which began on July 21, concluded on Wednesday, July 23, with the signature of the “Declaration of Ministers Responsible for Technical and Vocational Skills Development”. The Declaration, signed by 25...

The President of the African Development Bank (AfDB), Dr. Donald Kaberuka, will undertake an official visit to Angola from 28th to 30th July 2014. This visit aims at supporting the efforts of the Government of Angola in implementing its mega infrastructure program and the policy reforms...

In its latest economic brief, the AfDB analyses employment and productivity dynamics in Egypt. The brief states that the private sector has been the main provider of jobs, while the public sector lost jobs in almost all activities in the last decade. Small businesses...