May 29, 2014
Africa: AfDB Approves a USD 280 million Trade Finance Package for the African Export Import Bank (Afreximbank)
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, May 28, 2014 a USD 280 million Trade Finance Package for African Export - Import Bank… Read more »
May 28, 2014
Africa: Interview With Anna Bossman, Director of LACD, On Settlement Agreements
On March 21, 2014, the African Development Bank's Integrity and Anti-Corruption Department (IACD) announced the conclusion of settlement agreements with three multinationals… Read more »
May 23, 2014
Africa: "The Africa50 Fund to Build the Africa of Tomorrow" - AfDB President Donald Kaberuka
The closing press conference of the 49th Annual Meetings of the African Development Bank (AfDB) on Thursday, May 23 in Kigali once again gave AfDB President Donald Kaberuka an… Read more »
May 27, 2014
Africa: Nepad Calls for Partnership With AfDB to Drive Implementation of Regional Programmes
The New Partnership for Africa's Development (NEPAD) seeks to fast-track implementation of continental programmes intended to drive Africa's transformation. Read more »
Africa: Africa Tipped On Sound Water Management
Water security in Africa is compromised by a highly variable climate with significant annual variability, experts said during the session "Building Water Resilience" at the Annual… Read more »
Africa: Capacity Building Is Critical to Africa's Emergence and Industrialisation - Emmanuel Nnadozie
In recent years Africa has been making great strides in policy development and at present looks very prepared to move from principle into practice on this. Some leaders say now is… Read more »
Africa: Gala Fêtes African Development Bank's 50 Years
"In the life of an individual, 50 years is a milestone; it's the same for an institution." These are the words of Donald Kaberuka, African Development Bank President, at a gala… Read more »
Africa: Lessons in Private-Public Partnership (ppp) From India
India's story of success in implementing the Private-Public Partnership (PPP) model makes it an important partner in facilitating the adoption of this model in Africa. India is one… Read more »
Africa: We Can Reduce Our Risks By Sharing Our Strengths - Tim Turner
The second day of the African Development Bank's (AfDB) Annual Meetings started with "Managing Sovereign Exposure", a session focused on the challenges of managing the sovereign… Read more »
May 23, 2014
Africa: AfDB's 2014 Annual Meetings End in Kigali
The 49th Annual Meetings of the African Development Bank (AfDB) and the 40th meetings of the African Development Fund (ADF) closed on Friday, May 23, 2014 in Kigali, Rwanda, after… Read more »
Africa: Climate Change Financing - AfDB and the Nordic Development Fund Ink 5 Million Euro Grant
The African Development Bank (AfDB) and the Nordic Development Fund (NDF) have decided to join forces in their bid to deal with climate change. To concretize their ambition, the… Read more »
Africa: Urbanization Recommended As Key to Improving Living Conditions
Africa will have 760 million urban residents in 2030 and the figure is expected to multiply to 1.2 billion by 2050. Read more »
Africa: Closing Remarks By the AfDB President Donald Kaberuka at the 2014 Annual Meetings
Closing Session of the 2014 Annual Meetings Read more »
Africa: Gender Dividend - The Economic Benefits of Investing in Women
The debate around gender equality has recently adopted the notion of gender dividend whose focus is to increase the economic opportunities of women. Its proponents believe that… Read more »
Africa: Agriculture Should Transform From Being a Social Activity to a Business, Experts Say
Although Africa has a large labour force in its agricultural sector, comprising 57% of the working population, it still heavily relies on food imports. This means that farmers are… Read more »
Africa: Strong Partnership Will Boost Power Generation in Africa, Officials Say
The African Development Bank (AfDB) together with its partners in power generation in Africa have concurred that strong partnership will realise the Power Africa initiative. Read more »
Africa: Security Is Biggest Challenge to Africa's Development - Ali Bongo Ondimba of Gabon
Without security, all progress in Africa is not sustainable, the President of Gabon, Ali Bongo Ondimba, said on Thursday, May 22, during the Annual Meetings of the African… Read more »
Africa: Rwanda Cited As Metaphor for Resilience At AfDB Annual Meetings
Rwanda, host of the 2014 Annual Meetings of the African Development Bank Group (AfDB), commemorated the 20th anniversary of the genocide which claimed a million lives, mainly… Read more »
Africa: African Leaders Call for Harmonized Approach to Conflict Prevention, Management
A high-level panel comprised of former African leaders including Nigeria's Olusegun Obasanjo and South Africa's Thabo Mbeki has recommended the need for African countries to… Read more »
May 22, 2014
Africa: AfDB Announces Us $2 Billion Fund With China
The African Development Bank ("AfDB") and the People's Bank of China ("PBOC") on Thursday, May 22 entered into a US $2 billion co-financing fund to be known as the Africa Growing… Read more »
Africa: Down Memory Lane - Tracking AfDB's Footprint in Africa's Development
The African Development Bank Group's 2014 Annual Meetings provides an opportunity to trace the institution's development journey in line with the meetings theme: "The Next 50… Read more »
Africa: For a Prosperous Africa in the Next Half a Century, Its Growth Story Must Go Along With Peace - Kabagambe
Given its remarkable growth in the past decades, Africa has been hailed as the next frontier for opportunity and a potential global growth pole. Political conflicts have declined,… Read more »
Africa: Opening Statement By the AfDB President Donald Kaberuka
Your Excellencies, Read more »
Africa: President Paul Kagame Receives Special Recognition At 2014 African Banker Awards for Rwanda's Achievements
Rwanda's President, Paul Kagame, has received a special recognition award at the African Banker Awards 2014 for Rwanda's achievements, including spearheading the economic growth… Read more »
Africa: Senegal President Macky Sall Fronts Intra-Africa Trade as a Solution to Unemployment
Senegal's President, Macky Sall, called on African states to increase the volume and value of trade amongst each other in order to address the surging challenge of unemployment… Read more »