South Africa

08-Oct-2018

South Africa - Eskom Transmission Improvement Project – Loan - Appraisal Report

Eskom’s transmission development plan (2016–2025) prioritises the integration of power stations developed by Eskom and independent power producers (IPPs) to the network. The plan is further broken down into a five-year (2016–2020) strategic plan to construct 2,958km of power delivery lines and 29,240MVA of substations. Significant lengths of new transmission lines and associated substations and substation equipment are being added to the system necessitated by the major 765kV network reinforcements required for electricity supply to the Cape and KwaZulu-Natal regions. This project involves...
01-Aug-2018

South Africa - Country Strategy Paper 2018-2022

This report proposes the Bank Group’s Country Strategy Paper (CSP) for South Africa for the period 2018-2022. The CSP has been prepared at a time when South Africa adopted its first Medium-Term Strategic Framework (MTSF) 2014-19 to implement its National Development Plan “Vision 2030”. The MTSF attaches top priority to economic transformation, rapid economic growth and job creation, and includes key measures such as crowding in productive investments through infrastructure development, enhancing competitiveness in the productive sectors of the economy, addressing spatial imbalances in...
26-Jun-2018

South Africa - Medupi flue gas desulphurisation (FGD) retrofit project – ESIA Summary

Medupi Power Station is a greenfield coal-fired power station that forms part of the Eskom New Build Programme. Medupi Power Station has an installed generation capacity of 6 x 800 MW units and utilizes a supercritical boiler and turbine technology designed to operate at higher temperatures and pressures, which allows for better efficiency of the power station. The result is an improvement of approximately 2 percentage points on the plant efficiency which equates to a reduced coal consumption of approximately 1 million tons per annum. Electricity is generated in coal-fired power stations...
20-Jun-2018

South Africa - Redstone 100mw Concentrated Solar Power (Csp) Project – ESMP Summary

This Construction Environmental and Social Management Plan (CESMP) and Operational Environmental and Social Management Plan (OESMP) has been compiled for the ACWA Power SolarReserve Redstone Solar Thermal Power Plant as per the Environmental Authorisation. The Project, situated on the Remaining Extent of the Farm No 469, involves the construction and operation of a 100 MWnet Concentrated Solar Power (CSP) Plant that uses a central receiver technology with molten salts storage and its associated infrastructure. This ESMP also provides the final site layout for the project with its associated...
09-May-2018

Africa Investment Forum: Official launch and press conference

08-May-2018

Speech by Dr. Akinwumi A. Adesina, President of the African Development Group, at the media launch of the Africa Investment Forum, Johannesburg, May 8, 2018

Your Excellencies Distinguished Guests Ladies and Gentlemen Good morning and thank you all for coming today. I am delighted that the Premier of Gauteng Province, Mr. Malemolla Makhura, is here with us today with many leading CEOs of top African top businesses, many of them here in South Africa. I am also especially pleased that we have several media houses here. It’s time to hear the sound of our “vuvuzelas” for Africa! I would like to thank President Cyril Ramaphosa and his government for their strong support for the African Development Bank and commitment to the need for the...
04-May-2018

South Africa - Sere Wind Farm Project - Project Completion Report

The Development Objective (DO) as stated in the RFL at appraisal/approval was to facilitate accelerated development of large scale renewable energy capacity in support of the long-term carbon mitigation strategy of South Africa. The DO was formulated to be relevant and consistent with the Government of South Africa’s strategic thrust of migrating to a low carbon growth economy as outlined in its long-term mitigation strategy. In 2010, the government launched the New Growth Path Framework, to respond to the severe economic downturn of the late 2008 and sought to accelerate technological change...
12-Mar-2018

Southern Africa Economic Outlook 2018

The economic outlook for the Southern Africa region is cautious. Broad-based economic activity is expected to recover at a slow pace, but the outlook remains modest, given the diverging growth patterns for the region’s economies. Upper middle-income countries turned in low and declining rates of growth. Meanwhile, lower income transitioning economies recorded moderate and improved growth, albeit at reduced rates. Despite the improvement, economic performance remains below the regional target of 7 percent annual economic growth for all member states. The region’s economic outlook continues to...
20-Oct-2017

EASSy: The Eastern Africa Submarine Cable System

.more_iteration {display: none;} Context Although Africa represents 14% of the world's population, it currently has less than 3% of the world's telephone lines. Africa remains the world's least developed continent in telecommunications. International telecommunications connectivity across Eastern and Southern Africa was almost exclusively delivered via satellites. At present, about 90% of intra-African voice and data traffic is routed through Europe and North America at a cost of about US$600 million per year. This was both unreliable and extremely expensive,...with the...
06-Oct-2017

South Africa - Medupi Power Project - Request Register N° RQ2010/2

Register of Request, The Independent Review Mechanism
19-Aug-2017

Speech delivered by Akinwumi A. Adesina, President of the African Development Bank Group, at the 37th Summit of the Heads of State and Governments of the Southern Africa Development Community, August 19-20, 2017, Pretoria, South Africa

Your Excellency Jacob Zuma, President of the Republic of South Africa and Host of the 37th Ordinary SADC Summit; Your Majesty King Mswati III of the Kingdom of Swaziland and Chairperson of SADC; Your Excellencies the Presidents and Heads of Government of SADC Member States The Chairperson of the African Africa Union Commission, Moussa Faki Mahamat, Dr. Lawrence Tax, the Executive Secretary of SADC Distinguished Delegates, Friends, Ladies and Gentlemen I wish to thank you for inviting me to this 37th Summit of the Southern Africa Development Community. The African...
19-Jun-2017

Working Paper 271 - Facteurs déterminants des IDE en Afrique

Utilisant un panel de 52 pays africains et trois spécifications du modèle de gravité (le modèle standard ; le modèle augmenté de l’indicateur de gouvernance et du développement des infrastructures ; et le modèle augmenté de l’effet de proximité culturelle et du désenclavement du pays hôte), l’étude a mis en évidence plusieurs faits stylisés sur l’IDE. Premièrement, l’amélioration de la gouvernance et la qualité des infrastructures boostent de façon significative les flux d’IDE en direction de l’Afrique. Deuxièmement, l’effet de la qualité de la gouvernance semble être dominant, en particulier...
19-Jun-2017

Working Paper 272 - Price effects of borders between Lesotho and South Africa

Despite efforts to increase integration within Africa, product markets remain segmented between countries. This paper examines the magnitude of price gaps, known as the border-effect, between Lesotho and South Africa using retail price data for 49 products in 35 cities over the period 2006–2009. Using a production–consumption pair approach, we estimate that crossing the border between South Africa and Lesotho is associated with an absolute product price gap that widened from 18 percent in 2006 to 29 percent in 2009. The structure of relative prices also differs markedly, revealing a lack of...
17-May-2017

Working Paper 263 - Factor Productivity and Potential Output Growth in South Africa

Factors of production—labour, capital and technology—feature prominently in endogenous and exogenous growth theories. The efficiency and intensity of their use, and their productivity levels, have varied widely before and during South Africa’s period of democracy. In the four decades before the democratic transition in 1994, South Africa’s economy was characterized by a rapidly increasing average capital intensity and a rising average capital output ratio, alongside weak and often declining total factor productivity (TFP), and thus weak and declining economic growth.
25-Apr-2017

South Africa - ESKOM Transmission Improvement Project – RAP Summary

The Government of South Africa’s National Development Plan (NDP) points to the fact that South Africa needs to maintain and expand its electricity, water, transport and telecommunications infrastructure in order to support economic growth and social development goals. Eskom Holdings, a State-Owned-Company (SOC) Ltd (hereafter referred to as Eskom) is South Africa’s primary electricity supplier which is wholly owned by the South African government through the National Department of Public Enterprises.
25-Apr-2017

South Africa - ESKOM Transmission Improvement Project – RAP Summary (Venus Line)

The Government of South Africa’s National Development Plan (NDP) points to the fact that South Africa needs to maintain and expand its electricity, water, transport and telecommunications infrastructure in order to support economic growth and social development goals. Eskom Holdings, a State-Owned-Company (SOC) Ltd (hereafter referred to as Eskom) is South Africa’s primary electricity supplier which is wholly owned by the South African government through the National Department of Public Enterprises. Since 2005, Eskom has been expanding its infrastructure through additional power stations and...
25-Apr-2017

South Africa - Eskom transmission improvement project – ESIA Summary

Eskom Holdings State-Owned-Company (SOC) Ltd, is South Africa’s primary electricity supplier which is wholly owned by the South African government through the Department of Public Enterprises. Since 2005, Eskom has undertaken a significant programme to expand and maintain its ageing infrastructure, which has required significant capital investments. The capital expenditure related to the capacity expansion programme, from its inception in 2005 until expected completion in the 2020/21 financial year is estimated to be approximately ZAR348 billion. The Government of South Africa (GoRSA) has...
25-Apr-2017

AfDB assesses results of US$ 5 billion investment in South Africa

What do we get for US$ 5 billion investment? The Independent Development Evaluation (IDEV) of the African Development Bank Group (AfDB) has just published a report evaluating more than a decade of engagement in South Africa (2004 – 2015), principally in the finance and energy sectors. Striking the balance between good commercial banking and good development banking is one of the key messages delivered by the IDEV team of evaluators, who offer food for thought on the way lines of credit are being used. The evaluation found that low-risk lending through lines of credit via South African...
19-Dec-2016

A decade of AfDB’s development results report, published

Independent Development Evaluation (IDEV) of the African Development Bank Group (AfDB) has published a report of unprecedented scope, which measures the relevance, effectiveness, sustainability and efficiency of AfDB’s operations across the African continent over the past decade. The Comprehensive Evaluation of the Development Results (CEDR) of the African Development Bank Group (AfDB) is an evidence-based assessment of the AfDB’s development results across sectors, countries and regions of Africa. It seeks to ascertain how, given the mandate and resources of the Bank and a...
07-Dec-2016

Integrated solutions key to regional agro-allied industrialization

Participants at the African Economic Conference 2016 in Abuja have identified integrated solutions as key to regional agro-allied industrialization. Speaking at the “Plenary session 3: Fostering Agro-Allied Industrialization through Regional Value Chains,” they observed that such solutions should digitalize all major interfaces between smallholder farmers and other value chain actors. In a keynote address at the session, the Director for Africa at the International Food Policy Research Institute (IFPRI), Ousmane Badiane, highlighted the need to harness information...