May 27, 2014
Somalia: AfDB Reaffirms Support to Somalia's Reconstruction
The African Development Bank has reaffirmed its support to Somalia's reconstruction as the country embarks on the path of irreversible and durable peace and stability. Read more »
May 21, 2014
Cote d'Ivoire: AfDB's Return to Abidjan in 2014 On Track
The return of the African Development Bank (AfDB) to its headquarters in Abidjan is on track, its President, Donald Kaberuka, said on May 21 during his presentation of the 2013… Read more »
May 23, 2014
Mauritania: AfDB Funding Emergency Humanitarian Relief for Flood Victims
"The AfDB is a preferential partner of Mauritania. It has funded various projects in the country and helped to improve socio-economic conditions for the Mauritanian population,"… Read more »
Africa: AfDB's 2014 Annual Meetings End in Kigali
The 49th Annual Meetings of the African Development Bank (AfDB) and the 40th meetings of the African Development Fund (ADF) closed on Friday, May 23, 2014 in Kigali, Rwanda, after… Read more »
Africa: Climate Change Financing - AfDB and the Nordic Development Fund Ink 5 Million Euro Grant
The African Development Bank (AfDB) and the Nordic Development Fund (NDF) have decided to join forces in their bid to deal with climate change. To concretize their ambition, the… Read more »
Africa: Urbanization Recommended As Key to Improving Living Conditions
Africa will have 760 million urban residents in 2030 and the figure is expected to multiply to 1.2 billion by 2050. Read more »
Africa: Closing Remarks By the AfDB President Donald Kaberuka at the 2014 Annual Meetings
Closing Session of the 2014 Annual Meetings Read more »
Africa: Gender Dividend - The Economic Benefits of Investing in Women
The debate around gender equality has recently adopted the notion of gender dividend whose focus is to increase the economic opportunities of women. Its proponents believe that… Read more »
Libya: AfDB Signs the First Grant Agreement With Post-Revolution Libya
The African Development Bank (AfDB) Group, on Wednesday, May 22, 2014 in Kigali, signed its first post-revolution grant agreement with the Libyan authorities, to assist with… Read more »
South Sudan: Ministers Call for an International Commitment to Peace and Development in South Sudan
Only three years after independence, the world's youngest country was still celebrating its newly acquired freedom before it was plunged into violent conflict. On December 15,… Read more »
Africa: Agriculture Should Transform From Being a Social Activity to a Business, Experts Say
Although Africa has a large labour force in its agricultural sector, comprising 57% of the working population, it still heavily relies on food imports. This means that farmers are… Read more »
Nigeria: Exim Bank of India and Nigeria Sign Us $100 Million Loan for Energy Development
The Export-Import Bank of India (Exim Bank) and Nigeria signed a US $100-million line of credit agreement on May 22, for the financing of three energy projects in the provision of… Read more »
Africa: Strong Partnership Will Boost Power Generation in Africa, Officials Say
The African Development Bank (AfDB) together with its partners in power generation in Africa have concurred that strong partnership will realise the Power Africa initiative. Read more »
Africa: Security Is Biggest Challenge to Africa's Development - Ali Bongo Ondimba of Gabon
Without security, all progress in Africa is not sustainable, the President of Gabon, Ali Bongo Ondimba, said on Thursday, May 22, during the Annual Meetings of the African… Read more »
Africa: Rwanda Cited As Metaphor for Resilience At AfDB Annual Meetings
Rwanda, host of the 2014 Annual Meetings of the African Development Bank Group (AfDB), commemorated the 20th anniversary of the genocide which claimed a million lives, mainly… Read more »
Africa: African Leaders Call for Harmonized Approach to Conflict Prevention, Management
A high-level panel comprised of former African leaders including Nigeria's Olusegun Obasanjo and South Africa's Thabo Mbeki has recommended the need for African countries to… Read more »
May 22, 2014
Rwanda: President Kagame Officially Opens AfDB 2014 Annual Meetings, Commends Bank for Its Development Work in Africa
Rwanda's President, Paul Kagame, officially opened the African Development Bank's Annual Meeting on Thursday, May 22, 2014 in Kigali, commending the Bank for its huge contributions… Read more »
Africa: AfDB Announces Us $2 Billion Fund With China
The African Development Bank ("AfDB") and the People's Bank of China ("PBOC") on Thursday, May 22 entered into a US $2 billion co-financing fund to be known as the Africa Growing… Read more »
Africa: Down Memory Lane - Tracking AfDB's Footprint in Africa's Development
The African Development Bank Group's 2014 Annual Meetings provides an opportunity to trace the institution's development journey in line with the meetings theme: "The Next 50… Read more »
Africa: For a Prosperous Africa in the Next Half a Century, Its Growth Story Must Go Along With Peace - Kabagambe
Given its remarkable growth in the past decades, Africa has been hailed as the next frontier for opportunity and a potential global growth pole. Political conflicts have declined,… Read more »
Africa: Opening Statement By the AfDB President Donald Kaberuka
Your Excellencies, Read more »
Africa: President Paul Kagame Receives Special Recognition At 2014 African Banker Awards for Rwanda's Achievements
Rwanda's President, Paul Kagame, has received a special recognition award at the African Banker Awards 2014 for Rwanda's achievements, including spearheading the economic growth… Read more »
Africa: Senegal President Macky Sall Fronts Intra-Africa Trade as a Solution to Unemployment
Senegal's President, Macky Sall, called on African states to increase the volume and value of trade amongst each other in order to address the surging challenge of unemployment… Read more »
May 21, 2014
Africa: AfDB Launches Online Platform to Fast-track Results
To communicate results with even more clarity, the African Development Bank (AfDB) on Wednesday, May 21, in Kigali, unveiled 'MapAfrica' an interactive, online platform that charts… Read more »
Africa: MapAfrica - African Development Bank Looks to Institutionalize Geocoding
On Wednesday, May 21, 2014, the African Development Bank (AfDB) released MapAfrica - a dynamic online platform that will enable citizens, government officials, and donors to track… Read more »