May 12, 2009
Africa: Sustaining Infrastructure Investments Will Lead to Rapid Resolution of Crisis, Says President Kaberuka
A rapid resolution of the current financial crisis will be possible if, among other things, investments in infrastructure are accelerated, the African Development Bank (AfDB) Group… Read more »
Africa: High Level Panels Address Major Issues of Concern for Africa
Dakar, May 12, 2009 - As part of the activities taking place before the Annual Meetings, the AfDB is holding high levels panels addressing major issues of the day for Africa. Below… Read more »
Africa: Uganda and AfDB Sign U.S.$ 197 Million Funding Agreements
The agreements for the African Development Fund loans were signed on Monday in Dakar, Senegal, by Vice Presidents Zeinab El-Bakri and Mandla Gantsho for the Bank, while Uganda's… Read more »
Africa: AfDB Conference Guests Get a Taste of Senegalese Folklore
Some 100 foreign dignitaries, AfDB staff, Executive Directors, Vice Presidents, representatives of top law firms in Africa and Europe, and special invitees gathered at the seaside… Read more »
Africa: AfDB and Morocco Sign Loan and Grant Agreements
The AfDB and Morocco on Friday, May 8, 2009, in Rabat, signed two loan agreements, one guarantee agreement and one grant agreement for three different operations in education,… Read more »
Africa: Kenya-AfDB to Facilitate 300 Million Euro Loan for Kenyan Power Project
The loan, which represents 70 percent of the project cost, will be sourced from development finance institutions (DFI) and commercial sources. AfDB is the Mandated Lead Arranger… Read more »
Africa: MDBS Pledge U.S.$15 Billion to Promote Trade and Strengthen Financial Sector
The African Development Bank (AfDB) Group and six other prominent Multilateral Development Banks (MDBs) have pledged to provide US$15 billion to promote trade and strengthen the… Read more »
Africa: AfDB and Member Countries Ready to Tackle Vulture Funds
The African Development Bank (AfDB) and 29 Regional Member Countries (RMCs) have, so far, signed an agreement to establish The African Legal Support Facility (ALSF), which will… Read more »
Africa: At Least an Additional U.S.$15 Billion to Respond to Financial Crisis in Africa
International Financial and Development Institutions to Coordinate Response through African Financing Partnership Read more »
May 11, 2009
Africa: Global Crisis Slashes Output by Half, Says Bank
The prevailing global economic crisis has gravely affected African economics with GDP growth falling by more than half from a projected 5.7% to 2.8% in 2009, according to "African… Read more »
Africa: Award of Public Contracts-the Need to Train African Consultants
The strategic role of public contracts in performance enhancement and development effectiveness was revisited yesterday by a panel of experts. Read more »
Africa: Former South African Minister Canvasses Adoption of Procurement Policy
Former South African Minister of Public Enterprises, Alexander Erwin, says the adoption of procurement policy by African countries will enhance the much desired growth and… Read more »
Africa: The African Development Bank Group to Launch the African Legal Support Facility
The African Development Bank (AfDB) has announced that the African Legal Support Facility (ALSF) will be launched at a Summit in Tunis in June, 2009. The announcement was made… Read more »
Africa: AfDB Group Posts Excellent Financial Results in 2008
A financial presentation made by Bank Group's Treasurer, Pierre Van Peteghem, on Monday in Dakar, indicated the extent to which the institution's prudent financial management and… Read more »
Africa: Joint IFI/DFI Action Plan for Africa
At Least an Additional US$15 Billion to Respond to Financial Crisis in Africa International Financial and Development Institutions to Coordinate Response through African Financing… Read more »
Africa: AfDB Business Leadership Award Winner Advocates People-Friendly Governance
South African business woman, Louisa Madiako Mojela, who became the first recipient of the African Development Bank (AfDB) Group's African Business Leadership Award, has urged… Read more »
Africa: Development Bank Recommends Post-Conflict Policies
"In the second half of the 20th Century, the African continent, more than any other part of the world has suffered enormously from violent conflict within and between States", says… Read more »
May 10, 2009
Africa: Leonce Ndikumana, AfDB Research Director, Fulfilling Aid Promises
How should Africa react in order to cope with the financial crisis? This issue has been examined from two different perspectives by the African Development Bank (AfDB) Group… Read more »
Africa: African Development Report 2008-2009, Focus On Conflict Resolution, Peace And Reconstruction in Africa
The Report, prepared by African Development Bank (AfDB) experts and published by Oxford University Press, examines the economic and social cost of conflicts across the continent… Read more »
Africa: AfDB: Making Finance Work for Africa
En marge de ses Assemblées annuelles, le Groupe de la Banque africaine de développement (BAD) a organisé une conférence sur le thème : «… Read more »
Africa: Interview With AfDB Group Risk Management Department Director, Kodeidja Diallo
"The Bank Group Bank currently has significant unused risk capital (50%) which will enable it to scale up its activities...until around 2013. However, in order to further increase… Read more »
Africa: AfDB: African Economic Outlook 2009 Launched in Dakar
The book, published jointed by the African Development Bank, the Organization for Economic Cooperation and Development (OECD), and the UN Economic Commission for Africa, says the… Read more »
Africa: AfDB Partners With International Agencies to Boost Agricultural Production
Mr Aly Abou-Saaba, Director of Agriculture and Agro-Industries of the ADfB said at the forum on "The challenges of food security in Africa" in Dakar on Sunday, on the sidelines of… Read more »
Africa: Delegates Converge On Dakar for AfDB's 2009 Annual Meetings
The Meetings, taking place at the King Fahd Complex Conference Center in the Meridian President Hotel, will be preceded by High Level Ministerial sessions and Seminars on current… Read more »
May 07, 2009
Africa: U.S.$ 45 Million ADF Budget Support Grant for Poverty Reduction Programm
The overall goal of the PRSSP III approved by the ADF Board on Wednesday in Tunis is to contribute to economic growth and poverty reduction in Rwanda in line with the strategic… Read more »
