Africa: Jaballah Srarfi Elected Chair of African Legal Support Facility (AfDB)

Facility also grants U.S.$ 700,000 to Rwanda for energy and mining sectors Read more »

Africa: AfDB Publishes Its Report On Infrastructure and Growth in Sierra Leone

The African Development Bank (AfDB) Group, today in Tunis, presented its report on Infrastructure and growth in Sierra Leone. This report is meant to promote support to the… Read more »

Africa: AfDB and IMF Organize Training On Balance of Payments

A seminar on 'Balance of Payments and International Investment Position Statistics', organized b the African Development Institute and the IMF's statistic department began in Tunis… Read more »

Africa: African Infrastructure Consortium Meets in Tunis (AfDB)

The Members' Meeting of the Infrastructure Consortium for Africa (ICA) held their meeting at the Sheraton Hotel in Tunis on 22 and 23 November 2011. Read more »

Africa: Africa's Development Agenda to Remain a High Priority for G20 (AfDB)

Africa's development agenda will remain a high priority, even as Mexico takes over the chair of the Group of Twenty (G20) finance ministers and central bank governors from France… Read more »

East Africa: Domestic Resource Mobilization for Poverty Reduction in East Africa (AfDB)

Successful implementation of Poverty Reduction Strategy Papers (PRSPs) and National Development Plans (NDPs) depends on effective resource mobilisation and utilisation. Read more »

Africa: Switzerland Commits U.S. $20 Million to AfDB for Increased Access to Water

The Rural Water Supply and Sanitation Trust Fund, a fund managed by the African Development Bank (AfDB), will receive a 20 million US dollar contribution from the Swiss Agency for… Read more »

Africa: ACBF-AfDB - Amendment to the Memorandum of Understanding On the African Governance Outlook

On 11 November 2011, the African Development Bank made further progress in its collaboration the African Capacity Building Foundation (ACBF) on financial governance Read more »

West Africa: AfDB Injects 5 Million Euros Into Francophone West Africa Private Equity Fund

The Board of Directors of the African Development Bank (AfDB) has approved on 16 November a €5 million equity investment in a private equity fund which will invest in key… Read more »

North Africa: Tackling Youth Unemployment in the Maghreb (AfDB)

Youth unemployment across North Africa is one of the highest in the world. The paper, Tackling Youth Unemployment in the Maghreb, identifies the main causes and gauges the extent… Read more »

Africa: AfDB Invests Euros 5 Million Equity in Cauris Croissance II to Support Private Sector Growth

The Board of Directors of the African Development Bank (AfDB) approved on 16 November an equity investment of €5 million in Cauris Croissance II, a ten year life, second… Read more »

Africa: GEF Approves U.S. $20.5 Million Grant for Lake Chad Basin Regional Program (AfDB)

At its 41st Council Meeting held in Washington, D.C. on 9 and10 November 2011, the Global Environment Facility (GEF) approved a grant of USD 20.5 million for the Lake Chad Basin… Read more »

Africa: Forest Communities in Burkina Faso, Ghana and DRC to Benefit From Dedicated CIF Grant (AfDB)

In the coming year, pilot countries of the Climate Investment Fund's (CIF) "Forest Investment Program" (FIP), including Burkina Faso, Ghana and the Democratic Republic of Congo,… Read more »

Africa: Building CDM Case for Ethiopia - Kenya Hydropower Interconnection Project (AfDB)

An Ethiopia-Kenya hydropower interconnection project may be the first to benefit from work beginning conducted by the African Development Bank (AfDB), through the African Carbon… Read more »

Africa: CIF Approves Project to Expand Geothermal Energy in Kenya (AfDB)

A project to develop a geothermal steam field at Menengai, Kenya got the go-ahead on 17 November 2011 from the governing body of the Scaling Up of Renewable Energy Program in Low… Read more »

Africa: Mali Gains CIF Backing to Scale Up Renewable Energy (AfDB)

Mali's USD 40 million investment plan to scale up renewable energy was approved in principle by the Climate Investment Fund (CIF) governing bodies during their annual meetings from… Read more »

Africa: AfDB Eases Funding for Small to Mid-Sized Firms in Mauritania

The African Development Bank (AfDB) and finance company, Mauritania Leasing, signed an agreement on 15 November in Dakar for a grant of USD 365,000 provided by the Fund for African… Read more »

Africa: AfDB Lends Ear to Young Tunisians On Solving Youth Unemployment Problem

On 12 November 2011, the African Development Bank's (AfDB)'s Human Development Department organized a meeting with members of the Association of African Students and Trainees in… Read more »

Africa: AfDB Signs U.S. $12 Million Line of Credit With Bank of Kigali

The African Development Bank (AfDB) and the Bank of Kigali today signed a USD 12 million line of credit and a USD 500,000 grant agreement for technical assistance from the Fund for… Read more »

Africa: More and More Africans Are Growing Old but Face Uncertain Future, Reports AfDB

Africa's population is ageing, just like in the rest of the world, but the continent's governments are badly equipped to handle the growing number of older people. Read more »

Africa: AfDB Moving From Bilateral Funds Towards a Higher Multi-Donor Trust Fund Profile

The African Development Bank (AfDB) has made substantial progress under its Trust Fund Reform policy in moving away from tied bilateral funds to multi-donor Trust Funds most of… Read more »

Africa: Media Freedom Linked to Wealth Creation and Prosperity, Says AfDB Chief

Freedom of the press and the media in Africa is essential for the economic future of Africa. Read more »

Africa: AfDB Has Gained Extensive Experience Dealing With Development Challenges in Fragile States

In the context of an enhanced Bank engagement in Fragile States, Management initiated a discussion with the Board of Directors last week to shed light on effective strategic… Read more »

Africa: Tunis Hosts 7th CoDA Board Meeting

Le Conseil d'administration de la Coalition pour le dialogue sur l'Afrique (CoDA), une initiative soutenue par la Banque africaine de développement, l'Union africaine et la… Read more »

Africa: AfDB Group Supports Togo Reform Programme

The ongoing reform and governance programme initiated by Togo received a boost from the African Development Bank (AfDB) Group recently, following the approval of a USD 32.2-million… Read more »