November 27, 2007
Africa: UK Doubles Contribution to African Development Fund
The United Kingdom announced on Tuesday, 27 November 2007 that it is doubling its contribution to the 11th replenishment of the African Development Fund (ADF XI), the first… Read more »
November 23, 2007
East Africa: Submarine Cable System Reaches Financial Close
The African Development Bank (AfDB), along with other participating development financial institutions (DFIs) have signed loan agreements for the East African Submarine Cable… Read more »
November 22, 2007
Africa: AFDB President and US Treasury Secretary Call for Intensified Public Private Partnerships in Africa
Accra, 22 November 2007 - The African Development Bank (AfDB) Group President, Donald Kaberuka and the United States Treasury Secretary, Henry Paulson have called for intensified… Read more »
Africa: AfDB President And U.S. Treasury Secretary Call for Intensified Public Private Partnerships
The African Development Bank (AfDB) Group President, Donald Kaberuka and the United States Treasury Secretary, Henry Paulson have called for intensified Public Private Partnerships… Read more »
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 »
Kenya: U.S. $55 Million ADF Loan for Water Services Boards Support Project
The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, approved on Wednesday in Tunis a loan of 35.19… Read more »
Madagascar: U.S. $15 Million for Manombo Irrigation Area Rehabilitation Project
The Board of Directors of the African Development Fund (ADF) on Wednesday in Tunis approved A loan and a grant with a combined value of 9.5 million Units of Account (UA*) , about… Read more »
Africa: African 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$263.76 million, approved in Tunis… Read more »
Gambia: AfDB Supports Better Economic Management And Financial Governance
The Board of Directors of the African Development Fund (ADF) on Wednesday in Tunis, approved a grant of 1.4 million Units of Accounts (UA*), about US$ 2.2 million, to the Gambia to… 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 17, 2007
Africa: UK Doubles Contribution to Development Fund
The United Kingdom announced on Tuesday, 27 November 2007 that it is doubling its contribution to the 11th replenishment of the African Development Fund (ADF XI), the first… Read more »
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 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 »
Africa: Interview With the Executive Director of the African Economic Research Consortium
The only way to overcome the lack of means to finance high quality economic research in Africa is to strengthen cooperation as well as research networks and institutions, says… Read more »
November 14, 2007
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 »
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 »
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 »
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 »
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 »