Africa: Countries Should Address Barriers to Competitiveness - AfDB Economist

The Chief Economist of the African Development Bank (AfDB) Group, Louis Kasekende, has emphasized the need to address those barriers that hold down business development in Africa… Read more »

Central African Republic: AfDB Group Supports Economic Reform

Efforts by the government of the Central African Republic to improve the country's economic performance and reduce poverty received major support on Friday, 15 June 2007 in… Read more »

Africa: G8 Applauds Work On Post-Conflict and Fragile States by the African Development Bank

The Group of Eight (G8) industrial nations have welcomed the current work of the African Development Bank (AfDB) Group on post-conflict and fragile states. In a statement on Friday… Read more »

Africa: Sweden Makes Supplementary Contribution to the African Development Fund

The government of Sweden has announced the release of a UA 20 million (approximately USD 30 million dollars) supplementary contribution to the African Development Fund (ADF) . The… Read more »

Central Africa: Congo River Basin Gets 2.44 Million Euros Grants From the African Water Facility

The African Development Bank (AfDB) has signed two agreements with the International Commission of the Congo-Oubangi-Sangha River Basin (CICOS) amounting to 2.44 million euros from… Read more »

Africa: Water Tops Africa's Development Agenda Commends Afdb Water And Sanitation Initiative

The African Ministers Council on Water (AMCOW) on Thursday in Brazzaville concluded two days of exhaustive deliberations on the challenges posed by Africa's dwindling water… Read more »

Africa: Chinese PM Says Aid to Continent has 'No Conditions'

The Prime Minister of China, Mr. Wen Jiabao on Tuesday in Shanghai received the President of the African Development Bank Group, Mr. Donald Kaberuka. The AfDB President is in China… Read more »

Africa: AfDB Group Annual Meetings in Shanghai Calls for Wider Sino-African Cooperation

The 42nd Annual Meetings of the Board of Governors of the African Development Bank (AfDB) and the 33rd Annual Meetings of the Board of Governors of the African Development Fund… Read more »

Madagascar: 'Aim High' for Transformation, Says President

The President of Madagascar, Marc Ravalomana, on Tuesday in Shanghai, gave a clinical diagnosis of the enormous development challenges facing Africa and emphasized the need for… 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 »

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: AfDB Publishes First Results of the International Comparison Program

The African Development Bank (AfDB) has just released the first results on the comparative consumption and price levels in African countries. They show that out of the 48 African… 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: AfDB Appoints Experts for Independent Review Mechanism

The Boards of Directors of the African Development Bank (AfDB) Group has appointed three experts to serve on the roster of the Bank Group's Independent Review Mechanism, a body… Read more »

Sudan: $14 Million ADF Grant for Institutional Capacity Building And Poverty Reduction

The African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group will support a capacity building and poverty reduction programme in Sudan… 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 »

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 »

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 »

Africa: AfDB Executive Directors Begin Field Trip

A team of African Development Bank Executive Directors have begun a field trip to asses the performance of projects and programmes funded by the Bank Group in some of its Regional… Read more »

Africa: Multilateral Development Banks Publish Joint Performance Report

The African Development Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank and the World Bank are making… Read more »

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 »

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 »

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 »

Congo-Kinshasa: ADF Grant to Help Improve Poverty Monitoring Indicators

The Board of Directors of the African Development Fund on Wednesday in Tunis approved a grant of 2.55 million Units of Account* (US$ 3.9 million or CFA 1.9 billion) to finance the… Read more »

Africa: Regional Technical Assistance Centers Program (Afritac)

Phase II US$ 4.5 million ADF Grant The Board of Directors of the African Development Fund on Wednesday in Tunis approved a grant of 4.5 million US dollars as the Bank Group,s… Read more »