Africa will have 760 million urban residents in 2030 and the figure is expected to multiply to 1.2 billion by 2050.
If this population explosion is not matched with growth of megacities across the continent, urbanization is certainly set to suffocate infrastructure, as well as usher in...
22-May-2014
AfDB approvals reach UA 4.39 billion in 2013
AfDB Annual Report 2013
In 2013, the African Development Bank (AfDB) approved 317 operations representing a total of UA 4.39 billion (1 UA = USD 1.55), financed as follows: AfDB: UA 1.83 billion; African Development Fund: UA 2.27 billion; Nigeria Trust Fund: UA 31.2 million and...
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...
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...
RWANDA has reached two major milestones since the Millennium. GDP per capita increased from $225 in 2000 to $693 in 2013, growing by an average of 8% annually. Poverty rates decreased from 59% in 2000 to 45% in 2011, with well over a million Rwandans lifted out of poverty. An increasing number of...
The African Development Bank is proud to be part of Rwanda’s quest for economic transformation. Our current portfolio of projects in Rwanda totals USD1.65 billion. We have supported such critical areas as infrastructure development, skills development, agriculture, science and technology, private...
L a coopération entre la Banque africaine de développement (BAD) et le Gabon est vieille de plus de quarante ans.
Cette coopération multiforme s’est, au cours de cette période, matérialisée par l’approbation par la BAD de plus de 44 opérations pour des engagements nets des annulations de 830...
14-May-2014
Nigeria - 2013 - Country Profile - Leveraging Partnerships for Economic Transformation and Inclusive Growth
I wish to commend the Government and people of Nigeria for their determined efforts to bring about positive social and economic changes in their country in recent years. In the past decade, the country has put in place policies and programmes that are now yielding remarkable dividends. I am very...

