Presidents Kaberuka and Coutinho discuss long-term cooperation

African Development Bank (AfDB) President Donald Kaberuka met today with Luciano Coutinho, President of the Brazilian Development Bank (BNDES). The meeting took place in Davos, Switzerland during the ongoing World Economic Forum.

The Brazilian Development Bank closed the year 2011 with disbursements totalling roughly USD 80 billion.

This meeting was a follow-up to an earlier meeting Mr Kaberuka had with former President Lula of Brazil, and visits by AfDB staff to the Brazilian Development Bank.

The Programme for Infrastructure Development in Africa (PIDA) is to be a key topic of discussion in sessions of the Summit of African Heads of State and Government of the African Union in Addis Ababa, Ethiopia from 23 to 30 January. The programme’s mandate is to accelerate the development of Africa’s regional and continental infrastructure.

The African Development Bank Group (AfDB) and its partners today released a trilingual version of the Quality Standards for Development Evaluation. It was released in Arabic, English and French under the aegis of a broad partnership bringing together the United Arab Emirates’ Office for Coordination of Foreign Aid, the network of the Organisation for Economic Co-operation and Development (OECD) Development Assistance Committee (DAC), the Islamic Development Bank and AfDB.

250 participants à la 2^e édition du Partenariat Souk At-tanmia ont suivi une formation pour renforcer leurs capacités managériales. Objectif : les préparer à mener leurs projets jusqu’au bout.Le programme est conduit par “Education for Employment” (EFE), en collaboration avec le réseau des pépinières d’entreprises de l’Agence de promotion de l’industrie et l’innovation (APII) et la Banque africaine de développement (BAD).

The Migration and Development Fund’s oversight committee recently approved a series of grants amounting to € 1.4 million to six remittances funded local development projects across the African continent.