Africa: AfDB Group Tops Billion Dollar Mark in Annual Private Sector Investments

The African Development Bank (AfDB) Group has made over a billion dollars in annual private sector investments in Africa for the first time since its founding in 1964. The Bank… Read more »

Africa: Countries Should Address Barriers to Competitiveness - AfDB Economist

The Chief Economist of the African Development Bank (AfDB) Group, Louis Kasekende, has emphasized the need to address those barriers that hold down business development in Africa… Read more »

Africa: G8 Applauds Work On Post-Conflict and Fragile States by the African Development Bank

The Group of Eight (G8) industrial nations have welcomed the current work of the African Development Bank (AfDB) Group on post-conflict and fragile states. In a statement on Friday… Read more »

Africa: Water Tops Africa's Development Agenda Commends Afdb Water And Sanitation Initiative

The African Ministers Council on Water (AMCOW) on Thursday in Brazzaville concluded two days of exhaustive deliberations on the challenges posed by Africa's dwindling water… Read more »

Africa: Sweden Makes Supplementary Contribution to the African Development Fund

The government of Sweden has announced the release of a UA 20 million (approximately USD 30 million dollars) supplementary contribution to the African Development Fund (ADF) . The… Read more »

Africa: AfDB Publishes First Results of the International Comparison Program

The African Development Bank (AfDB) has just released the first results on the comparative consumption and price levels in African countries. They show that out of the 48 African… Read more »

Africa: AfDB Executive Directors Begin Field Trip

A team of African Development Bank Executive Directors have begun a field trip to asses the performance of projects and programmes funded by the Bank Group in some of its Regional… Read more »

Africa: AfDB Appoints Experts for Independent Review Mechanism

The Boards of Directors of the African Development Bank (AfDB) Group has appointed three experts to serve on the roster of the Bank Group's Independent Review Mechanism, a body… Read more »

Africa: Multilateral Development Banks Publish Joint Performance Report

The African Development Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank and the World Bank are making… Read more »

Africa: AfDB Group Annual Meetings in Shanghai Calls for Wider Sino-African Cooperation

The 42nd Annual Meetings of the Board of Governors of the African Development Bank (AfDB) and the 33rd Annual Meetings of the Board of Governors of the African Development Fund… Read more »

Africa: Chinese PM Says Aid to Continent has 'No Conditions'

The Prime Minister of China, Mr. Wen Jiabao on Tuesday in Shanghai received the President of the African Development Bank Group, Mr. Donald Kaberuka. The AfDB President is in China… Read more »

Africa: AFDB Group Records Excellent Performance in 2006

The African Development Bank (AfDB) Group achieved excellent operational and financial results in 2006, with overall loans and grants approvals by the Group increasing to US$ 3.9… Read more »

Africa: Shanghai Hosts AfDB Annual Meetings

The Shanghai International Convention Center has been a bee-hive of activity as China's business hub and economic capital prepares to host the Annual Meetings of the African… Read more »

Africa: Continent Records Highest Growth in Two Decades

Africa has experienced its highest economic growth in the last two decades, with the GDP growth rate, which averaged about 5 percent annually in the past six years, rising to 5.5… Read more »

Africa: Regional Technical Assistance Centers Program (Afritac)

Phase II US$ 4.5 million ADF Grant The Board of Directors of the African Development Fund on Wednesday in Tunis approved a grant of 4.5 million US dollars as the Bank Group,s… Read more »

Africa: AFDB/ICA Hosts Conference On Electricity Funding

The Infrastructure Consortium for Africa (ICA) in partnership with the African Development Bank (AfDB) held on Wednesday 12th in Tunis a conference on the theme "Financing… Read more »

Africa: Governance Leadership In Africa

Statement by Donald Kaberuka, President African Development Bank at The Montreal Conference on Governance Leadership In Africa Read more »

Africa: Seizing the Opportunity in Partnership and Global Prosperity

Statement by Donald Kaberuka, President of the African Development Bank Group at the Conference de Montreal, 5-8 June, 2006 on Seizing the Opportunity in Partnership and Global… Read more »

Africa: 'Africa is Clearly Turning the Corner,' Says AFDB President

The President of the African Development Bank Group, Mr. Donald Kaberuka, has underscored the positive economic developments in Africa and stressed the need to sustain and deepen… Read more »

Africa: Time to Invest in Africa - African Development Bank President

The President of the African Development Bank Group, Mr. Donald Kaberuka, has urged Korean businesses to take advantage of the vast improvements in Africa's investment climate and… Read more »

Africa: Statement Issued by the President of African Development Bank

Today 19th April, the Boards of the African Development Bank Group approved debt cancellation for 33 regional member countries under the Multilateral Debt Relief Initiative (MDRI),… Read more »

Africa: African Development Fund Approves US$ 8.5 billion for Multilateral Debt Relief Initiative

The Boards of Directors of the African Development Fund (ADF) and the African Development Bank (ADB) on Wednesday, 19 April 2006, have approved US$ 8.5 billion for financing debt… Read more »

Africa: Rwandan Finance Minister Elected President of the African Development Bank

Rwandan Finance Minister, Mr. Donald Kaberuka (54) was on Thursday in Tunis elected President of the African Development Bank Group (ADB) during the extraordinary Meeting of ADB… Read more »

Africa: ADB Supports African Women in Business

A Pan-African conference on "Promoting the Development of African Women in Business (AWIB) 1: Towards Economic and Social Leadership", opens at the Hotel Hilton Yaoundé in Cameroon… Read more »

Africa: Cofinancing Opportunity: Creation of Sustainable Tsetse And Trypanosomiasis Free Areas in Africa

The "Creation of Sustainable Tsetse and Trypanosomiasis Free Areas in West and East Africa" is a first phase project of a 37-country programme called the Pan-African Tsetse and… Read more »