Bank Group Participates in Roundtable on African Infrastructure African infrastructure ministers met on Thursday in Saly-Portudal, Senegal within the framework of the "NEPAD’s Roundtable on the Financing of Priority Infrastructure." Chaired by Senegalese President, Abdoulaye Wade, the event brought together the African Union’s Infrastructure and Energy Commissioner, Bernard Zoba; the Islamic Development Bank President, Mohamed Ali; African ministers of infrastructure, representatives of regional economic communities, NEPAD secretariat representatives and Bank Group experts.

Officials of the Bank Group’s field office in Uganda (UGFO) on Thursday in Kampala received a Swedish International Development Agency (SIDA) mission that called on the Bank Group’s office to discuss possibilities of developing a programme to support the organic agriculture sub-sector in Uganda. The mission briefed UGFO officials on ongoing SIDA-financed Export Promotion of Organic Products (EPOP) which has supported a number of export projects in Uganda and is contributing institutional development and capacity building support to organic farming.

How well has the Bank been performing in agriculture and rural development? Has it been working well with other agencies such as IFAD? And what are the implications of the big changes currently taking places in Africa’s rural areas? These are some of the questions posed by the independent evaluation of agriculture and rural development currently being undertaken by the Operations Evaluation Department (OPEV) of AfDB, jointly with the Operations Evaluation (OE) office of IFAD.

Tunis, 16 January 2008 - The Board of Directors of the African Development Bank (ADB) approved an equity investment of EUR 20 million in the Maghreb Private Equity Fund 2 (MPEF-2). As one of the lead investors in the Fund, the Bank will have a seat on the Advisory Committee, an observer status on the Investment Committee and will enjoy priority co-investment rights in MPEF 2.

It’s my pleasure to welcome you to Paris for this final round of ADF 13 replenishment. I wish to thank Deputies and Ministers who are representing RMCs for finding the time to be with us today. On your behalf I also wish to thank Richard Manning for the outstanding job he has done in coordinating this replenishment.

We are now at the end of a process that started in February 2013, which is taking place at a very upbeat time for Africa: