May 14, 2007
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 »
March 02, 2007
Tunisia: AFDB Executive Directors Begin Study Tour
Nine Executive Directors (EDS) of the African Development Bank are scheduled to arrive in Mbabane, Swaziland on Sunday to begin a study tour of three regional member countries of… Read more »
Mauritania: ADF Approves $9 Million for Microfinance Project
Mauritania will benefit from the support of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group which, on Friday in Tunis,… Read more »
February 21, 2007
Niger: U.S. $20.86 Million for Rural Water And Sanitation Project
The government of Niger's efforts to improve the living conditions of the people have received a big boost from the African Development Bank (AfDB) Group, following the approval of… Read more »
January 31, 2007
Uganda: $45 Million ADF Loan for Community Agricultural Infrastructure Improvement
The African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group will support a Community Agricultural Infrastructure Improvement Programme… Read more »
December 20, 2006
Ethiopia: ADF Approves $118 Million Grant for Protection of Basic Services
The Board of Directors of African Development Fund (ADF) the concessional window of the African Development Bank (AfDB) Group on Wednesday in Tunis approved a grant of 78.49… Read more »
Ethiopia: $131.5 Million ADF Loan for Electricity Project
The African Development Bank (AfDB) Group will support the Ethiopian government's rural electrification project with a loan of 87.20 million Units of Account (UA*), equivalent to… Read more »
Uganda: Road Sector Support Project
Supplementary ADF Loan of US$ 50 million Tunis, 20 December 2006 - The Board of Directors of the African Development Fund (ADF) today approved in Tunis a supplementary loan of… Read more »
December 21, 2006
Ghana: AFDB's Country Office Head Begins Work
The newly appointed head of the African Development Bank (AfDB) Group's Country Office in Ghana presented his official letter of introduction to Hon. the Deputy Minister of Foreign… Read more »
December 20, 2006
Central African Republic: Country Meets Criteria for Aid
US$ 23.5 Million ADB Grant * Boards of Directors Approve Lifting of Sanctions Imposed on CAR * ADB Group and Donors Clear Each 49.5% of CAR's Arrears and CAR the balance The Boards… Read more »
December 13, 2006
Tanzania: ADF Approves $80 Million for Kenya-Tanzania Road Link
Efforts to provide a reliable road link between neighbouring Kenya and Tanzania got a boost from the African Development Bank Group with the approval of a loan and a grant… Read more »
December 14, 2006
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 »
December 13, 2006
Ethiopia: $98 Million ADF Loan for Upgrading Jima-Mizan Road
The African Development Bank (AfDB) Group will support the Ethiopian government's proposal to upgrade the Jima-Mizan road in the south-western part of the country with a loan of 65… Read more »
June 05, 2006
Africa: Governance Leadership In Africa
Statement by Donald Kaberuka, President African Development Bank at The Montreal Conference on Governance Leadership In Africa Read more »
Africa: Seizing the Opportunity in Partnership and Global Prosperity
Statement by Donald Kaberuka, President of the African Development Bank Group at the Conference de Montreal, 5-8 June, 2006 on Seizing the Opportunity in Partnership and Global… Read more »
May 16, 2006
Africa: 'Africa is Clearly Turning the Corner,' Says AFDB President
The President of the African Development Bank Group, Mr. Donald Kaberuka, has underscored the positive economic developments in Africa and stressed the need to sustain and deepen… Read more »
May 02, 2006
Africa: Time to Invest in Africa - African Development Bank President
The President of the African Development Bank Group, Mr. Donald Kaberuka, has urged Korean businesses to take advantage of the vast improvements in Africa's investment climate and… Read more »
April 19, 2006
Africa: Statement Issued by the President of African Development Bank
Today 19th April, the Boards of the African Development Bank Group approved debt cancellation for 33 regional member countries under the Multilateral Debt Relief Initiative (MDRI),… Read more »
Africa: African Development Fund Approves US$ 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 »
July 21, 2005
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 »
April 18, 2005
Burkina Faso: Burkina Faso Would Host the Annual Meetings of the ADB in 2006
The Boards of Directors of the African Development Bank (ADB) and the African Development Fund (ADF) will submit to the Boards of Governors of the ADB and the ADF, a proposal to… Read more »
April 14, 2005
Cote d'Ivoire: ADB Reduces Insecurity Alert Level in Abidjan
The Boards of Directors of the African Development Bank (ADB) Group have lowered the Bank Group's insecurity alert level in Abidjan from Phase IV to Phase III. Read more »
April 18, 2005
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 »