March 12, 2009
Africa: AfDB Group Supports Environmental Conservation in Angola
The Environmental Sector Support Project (ESSP) aims at strengthening the legal, policy, institutional and regulatory framework in support of environmental conservation and… Read more »
Africa: AfDB Supports Satellite Communication in Africa-a Senior Loan of U.S.$ 25 Million to Finance the New Dawn Satellite Project
The project comprises the design, construction, launch and operation of a pan-African communications satellite system into the 33° East orbital location, ideally… Read more »
Africa: AfDB Will Need a Capital Increase by 2011 to Address the Financial Crisis and Its Development Mandate
The African Development Bank (AfDB) is to significantly increase its annual lending to $11 billion to help countries address the current financial and economic crisis, the… Read more »
March 11, 2009
Africa: Committee of Ten Meeting Opens in Dar Es Salaam
Delegates were expected to draft a common African position on the global and financial crisis to be presented to the G20 Summit to be held in London in April. The delegates were… Read more »
March 10, 2009
Africa: Côte d'Ivoire Re-Engages with Development Partners
The first agreement was on the Bank's contribution worth CFAF 184 billion to the country's arrears clearance. The other agreements with a combined value of CFAF 64 billion aim at… Read more »
Africa: AfDB Sets out Mechanism to Mitigate Financial Crisis Impact
These measures are contained in a policy documents titled "Bank Response to the Economic Impact of the Financial Crisis" approved by the Board of Directors on Wednesday, 4 March… Read more »
March 06, 2009
Africa: U.S.$ 14.67 Million ADF Budget Support for Poverty Reduction
The grant will support key reform measures aimed at enhancing the budget process, audit and procurement functions in order to improve transparency and accountability in the use of… Read more »
Africa: Bank Group Approves Côte d'Ivoire's U.S.$ 517 Million Arrears Clearance Package and Grants U.S.$ 123 Million for Economic and Financial Reforms
Côte d'Ivoire had, since 2003, accumulated US$ 517 million in debt arrears with the Bank Group as at April 2007 cut-off-date. The country's clearance of arrears, with the… Read more »
Africa: AfDB, Donors and Partners Discuss Stronger Cooperation
Some 140 development experts, senior AfDB officials, Bank staff, donors from Europe, Brazil, Canada, Asia , and major international development agencies have gathered in Gammarth,… Read more »
March 04, 2009
Africa: AfDB and Partners Sign Agreement Letter on Emergency Aid Grant
Guinea-Bissau's Economy and Plan Minister, Héléna Maria José Nosolini Embalo; the WHO Resident Representative in Bissau, Allarangar Yokouide; and the African… Read more »
Africa: AfDB Commitments to Achieving Gender Equality and Empowerment
Education: Through its programmes of support to higher education and in particular to science and technology, the Bank will contribute to increasing women attendance and… Read more »
Africa: AfDB Organizes Partnership Forum
This event is an opportunity for open dialogues between the Bank and its major partners on the Bank's strategic focus such as infrastructure development, governance, private sector… Read more »
March 03, 2009
Africa: 2009 Women's Day - Men and Women Together for Development
The African Development Bank (AfDB) celebrates the 2009 International Women's Day, on the theme "Men and Women Together for Development". The Bank strongly supports that for… Read more »
February 27, 2009
Africa: CBFF Governing Council Holds Two-Day Meeting in DRC
The 4th Governing Council meeting of the Congo Basin Forest Fund (CBFF) will take place from 2-3 March 2009 in Kinshasa, Democratic Republic of Congo (DRC). Read more »
March 02, 2009
Africa: Impact of International Financial Crisis on Infrastructure Development in Africa to be Analysed at Landmark Meeting in Rome
The organisation that works to enhance and accelerate the development of Africa's infrastructure is to hold its annual meeting next week - focusing on the impact of the… Read more »
February 27, 2009
Africa: Media Professionals Call for Collaboration with Nepad and Stakeholders
African media experts, managers, and journalists from various state-run and private organizations along with communication practitioners from regional institutions, including the… Read more »
Africa: Tav Tunisia Signs the Enfidha Airport Project With Its Lenders
The project consists of the construction, operation, and maintenance of the new Enfidha Zine El Abidine Ben Ali International Airport for an initial capacity of 7 million… Read more »
Africa: The Governing Council of the Congo Basin Forest Fund Meet on 2-3 March 2009 in Kinshasa
The 4th Governing Council meeting of the Congo Basin Forest Fund (CBFF) will take place on 2 and 3 March 2009, in Kinshasa, Democratic Republic of Congo (DRC). Read more »
February 26, 2009
Africa: U.S.$ 40 Million AfDB Franchising Sector Support Program in Egypt
The Program seeks to promote franchising in Egypt as an effective business strategy for private sector development and SME growth. The proposed FSSP will encourage the… Read more »
February 20, 2009
Africa: African Media to Chart Course for NEPAD News Coverage
Some 50 senior media executives from across Africa began meeting on Thursday in Johannesburg, South Africa, to discuss ways of increasing understanding of and support for NEPAD as… Read more »
February 19, 2009
Africa: U.S.$ 30 Million AfDB Line of Credit to Shelter-Afrique
The Board of Directors of the African Development Bank Group (AfDB) has approved a USD 30 Million Line of Credit and a USD 7.5 Million equity investment to Shelter-Afrique. Read more »
February 24, 2009
Africa: AfDB Reiterates Commitment to Help Improve Extractive Industries Governance
The African Development Bank (AfDB) Group has reiterated its commitment to help improve extractive industries governance in the institution’s African member countries in… Read more »
January 29, 2009
Africa: AfDB Helps Lay Ground for AU Executive Council, Summit Meetings
The Executive Council of the African Union (AU) began its fourteenth ordinary session in the Ethiopian capital, Addis Ababa, on Thursday with Infrastructure Development in Africa… Read more »
January 28, 2009
Africa: AfDB Promotes Agribusiness Investment Funds-Equity Participation of USD 15 Million in Agribusiness Investment Fund
The Board of Directors of the African Development Bank (AfDB) Group approved an equity participation of USD 15 million to finance an Agribusiness Investment Fund (Agri-Vie Fund… Read more »
Africa: AfDB Plays Key Role at Africa Infrastructure Day Hosted by African Union Commission
The African Development Bank (AfDB) on Wednesday played a lead role in events at the Africa Infrastructure Day hosted by the African Union Commission at headquarters in Addis… Read more »