African Ministers unite in calling for strong universal climate agreement and sufficient finance to unlock Africa’s potential
Private and public sectors join in quest for market and finance
opportunities at 7th Africa Carbon Forum
Ministers from governments across Africa have renewed their call for a strong, new universal climate change agreement and increased flows of funds, including through market and finance opportunities, sufficient to fulfill Africa’s development aspirations.
WB/IMF meetings conclude, AfDB President looks to his future
An historic week wrapped up in Washington, DC with the adoption of an agenda to exterminate extreme poverty around the world by 2030. It was also the last time Donald Kaberuka would attend the World Bank/International Monetary Fund Annual Spring Meetings as President of the African Development Bank Group (AfDB).
Brokering better global development: Kaberuka at the helm of the AfDB
A landmark global development agenda was worked out last week in Washington, DC and African Development Bank Group (AfDB) President Donald Kaberuka was at the centre of the conversation. From pledging US $300 million in added funding to fight Ebola, to helping define the global development agenda, Kaberuka spread the word to the world on Friday that the Bank is positioned to help.
Burkina Faso receives new support to monitor forest sustainability results
The Forest Investment Program (FIP) approved on Thursday, April 16 in Washington, DC $101,000 for Burkina Faso to ramp up its monitoring and reporting on its Gazetted Forests Participatory Management Project for REDD+, and Decentralized Forest and Woodland Management Project. As the leading implementation support to the country for its FIP program, the African Development Bank (AfDB) is working with the country to ensure that an effective and adequately funded plan is in place for monitoring the projects’ outcomes.
$300 million top-up from AfDB to support countries’ Post-Ebola Recovery Programs
African Development Bank President Donald Kaberuka announced $300 million to support the national Post-Ebola Recovery program of Ebola-affected countries during the World Bank-IMF Spring Meetings in Washington.
AfDB’s funding will provide support to Governments of Ebola-affected countries by investing in health, education, water and sanitation, agriculture and financial sectors.
“Now is not the time to relax. We need to strengthen primary health care in Africa; give countries debt relief, and get the ready to beat back the next epidemic”, Kaberuka said Friday.