March 4, 2008 – Today, six major multilateral development banks (MDBs)—the African Development Bank (AfDB), the Asian Development Bank (AsDB), the European Bank for Reconstruction and Development (EBRD), the Inter-American Development Bank (IADB), the Islamic Development Bank (IsDB), and the World Bank—released the third report of their Common Performance Assessment System (COMPAS).

Tunis, 28 January 2011– The African Development Bank (AfDB), a strategic partner of the World Economic Forum in Africa, is represented at the World Economic Forum Annual Meetings from 25-28 January 2011 in Davos, Switzerland. On Friday 28 January, the Bank addressed the importance of development finance in the context of increased South-South partnerships.

Tunis, 26 January 2011 - The Boards of Directors of the African Development Bank (AfDB) Group, on 26 January 2011, agreed that Guinea-Bissau had met the conditions and requirements to qualify for debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative.

Accordingly, Guinea-Bissau will benefit from a USD 60.4-million AfDB Group debt-relief. In addition, and on an exceptional basis, the country will benefit from an estimated USD 23.7- million additional debt cancellation.

Tunis, le 26 janvier 2011 – Les Conseils d’administration du Groupe de la Banque africaine de développement (BAD) ont conclu, lors de leur séance de ce jour, que le Togo a rempli les conditions et les exigences requises pour bénéficier d’un allègement de sa dette dans le cadre de l’Initiative en faveur des pays pauvres très endettés (PPTE).

En conséquence, le Groupe de la BAD va alléger le service de la dette du Togo envers l’institution, pour un montant de 22,9 millions de dollars américains.

Tunis, 27 January 2011 – The African Development Bank (AfDB) Group’s Board of Directors approved on Wednesday, 26 January 2011, a USD 655,000 emergency relief assistance grant for Somalia.  

The humanitarian assistance aims at reducing the risk of death among the most vulnerable communities in Mogadishu and surrounding areas from diseases associated with lack of proper health services, lack of clean and safe water, poor sanitation, food insecurity and poor nutrition in internally-displaced people’s camps.