November 21, 2007
Africa: Development Fund Approves U.S.$ 264 Million Loans And Grants for Kenya, Madagascar and The Gambia
Kenya, Madagascar and the Gambia are the beneficiaries of loans and grants with a combined value of 167.8 million Units of Account (UA*), about US$263.76 million, approved in Tunis… Read more »
November 20, 2007
Mozambique: Three Decades of Development Work
Mozambique and the African Development Bank (AfDB) are celebrating a thirty-year partnership that has registered over a billion dollars in development-related assistance to the… Read more »
November 19, 2007
Africa: Korea Economic Cooperation - On-the-Spot Workshop Opens
Senior government officials from some ten Southern African countries are meeting in Cape Town for the second of a series of regional workshops organized by the Korean government to… Read more »
November 16, 2007
Africa: Interview With AfDB Group Chief Economist, Louis Kasekende
"The AfDB has got a very strong convening power", said Louis Kesekende, the African Development Bank Group Chief Economist in an interview he gave to the Bank Group's… Read more »
November 17, 2007
Africa: It is an African Priority That the Financial Sector Be Strengthened
The African Development Bank Group, the World Bank and other partners are working on a major initiative aimed at strengthening the financial sector's contribution to economic… Read more »
November 14, 2007
South Africa: Korean Government Holds Development Workshop in Cape Town
As part of the implementation of the Korea-Africa Economic Cooperation (KOAFEC) action plan, the Korean Government and the Export-Import Bank of Korea are planning to hold a… Read more »
Africa: "Researchers Have to Speak Out More"
According to Mr. Abdoulie Janneh, the Executive Secretary of the United Nations Economic Commission for Africa (UNECA), "African researchers have to speak out more". In… Read more »
Africa: Researchers Focus On Capacity Building
Africa is enjoying a relatively consistent and modest annual growth rate of about six per cent, yet it is also in a situation where growth is not satisfactorily being translated… Read more »
Angola: AfDB Group Supports Financial Governance
The African Development Bank (AfDB) will support efforts by Angola's government to improve public finance management to sustain economic growth and reduce poverty, following… Read more »
Egypt: U.S.$ 325 Million AfDB Loan for Abu Qir 1300 MW Steam Power Project
In line with its increasing focus on infrastructure development, the African Development Bank (AfDB) will support Egypt's Abu Qir 1300 MW Steam Power Project following the… Read more »
Africa: AfDB Group Supports Energy and Finance Management Projects in Egypt and Angola
The Boards of Directors of the African Development Bank (AfDB) Group approved today in Tunis, loans amounting US$ 334.27 million to finance energy and financial management support… Read more »
November 01, 2007
Africa: Addis Ababa Hosts Second Economic Conference
More than 300 experts from Africa, Asia, Europe and the Americas will participate in the second African Economic Conference (AEC) on "Opportunities and Challenges of… Read more »
October 29, 2007
Uganda: AfDB, Govt Sign Bujagali Power Interconnection Project Loan Agreement
Efforts to accelerate the implementation of the Bujagali Power Interconnection Project (BIP) in Uganda received a boost last week with the signing of a 19.21-million Units of… Read more »
Africa: AfDB Group Hosts New Korean Technical Cooperation Fund
The Board of Directors of the African Development Bank (AfDB) Group has approved a US$ 5 million new Korean Trust Fund to support the implementation of the Africa-Korea Economic… Read more »
October 20, 2007
Africa: Germany, World Bank And AfDB Launch Partnership for Making Finance Work
A new partnership to support stronger financial systems in Africa was launched today, by Germany, the World Bank and the African Development Bank. Read more »
October 19, 2007
Africa: Launch of the Ideas for Development Blog
Ideas for Development, an international blog designed to stimulate debate on economic development issues, will be launched in Washington DC on 21 October 2007 at the World Bank and… Read more »
October 10, 2007
Nigeria: U.S. $79 Million for Water And Sanitation in Rural Areas
The Board of Directors of the African Development Fund (ADF), the soft-loan arm of the African Development Bank Group (AfDB), approved on Wednesday in Tunis a loan of 51 million… Read more »
October 08, 2007
Africa: AfDB President Optimistic About Infrastructure, Trade
President Donald Kaberuka delivered a memorial lecture at the Bank of Uganda on 'The African Economy: Fifty Years after Independence", in honour of Mr. Joseph Mubiru, the… Read more »
Uganda: AfDB President Hails Successful Bank Intervention in the Water and Sanitation Sector
During his visit to Uganda, President Donald Kaberuka toured the Water and Sanitation Project at Mpigi town. The project aims at providing clean and safe drinking water and… Read more »
Africa: AfDB President Emphasizes Importance of Hydroelectricty for Sustained Growth
The President of the African Development Bank (AfDB) Group, Mr. Donald Kaberuka, has emphasized the importance of hydro-energy to Africa's sustainable development. Read more »
September 26, 2007
Mali: ADF Approves U.S. $15 Million for Decentralization And Economic Development Support Project
Mali will receive US$ 15.4 million from the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB), following the approval of a loan of 5… Read more »
Mali: Kaberuka Calls for More Efficient Channeling of Remittances From African Migrants
At the end of his official visit to Mali, President Donald Kaberuka made a strongly appeal for more efficient channeling of remittances from the African Diaspora. Read more »
September 21, 2007
Africa: AFDB, ECA, WTO And World Bank Organize Conference On Aid for Trade in Dar es Salaam
"Mobilizing Aid for Trade: Focus on Africa", is the central theme of a high-level conference scheduled to take place on October 1-2, 2007, in Dar es Salaam, Tanzania,… Read more »
September 17, 2007
Tanzania: ADF Approves U.S. $ 92 Million Loan for Road Project
The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, on Monday in Tunis, approved a loan of 60… Read more »
September 16, 2007
Africa: Development Bank Helps to Boost Infrastructure
The African Development Bank has supported the preparation of more than 15 regional projects as part of its assistance in upgrading infrastructure in Africa, Dr. Ini Urua, NEPAD… Read more »