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Africa: Development Bank Earmarks U.S. $2.5 Billion to Offset Crisis
This Day, 11 May 2009
African Development Bank (ADB), yesterday said it was ready to launch a $2.5 billion package, including a $1.5 billion (UA974 million) Emergency Liquidity Facility (ELF) and $1… Read more »
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Africa: Global Crisis Slashes Output by Half, Says Bank
African Development Bank (AfDB), 11 May 2009
The prevailing global economic crisis has gravely affected African economics with GDP growth falling by more than half from a projected 5.7% to 2.8% in 2009, according to "African… Read more »
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Africa: Development Bank Recommends Post-Conflict Policies
African Development Bank (AfDB), 11 May 2009
"In the second half of the 20th Century, the African continent, more than any other part of the world has suffered enormously from violent conflict within and between States", says… Read more »
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Africa: AfDB to Assist SMEs With U.S. $3 Billion Facility
Vanguard, 11 May 2009
The African Development Bank (AfDB) said it will set up an African Guarantee Facility worth $3 billion aimed at granting credit facilities to small and medium enterprises across… Read more »