May 29, 2014
Senegal: AfDB Approves Road Rehabilitation Project for Kaolack Groundnut Basin Region in Senegal
The Board of Executive Directors of the African Development Bank Group (AfDB) approved on 28 May, 2014 a Transport Sector Support Project for Senegal for the amount of UA 23.77… Read more »
Mozambique: Agriculture Fast Track Fund Awards Two News Grants With Positive Impact On Local Economy in Mozambique
The AfDB's Agriculture Fast Track Fund (AFT) has awarded two grants worth almost US$1.5 million to high value agriculture infrastructure projects in Mozambique. EcoFarm Sugar Cane… Read more »
Africa: Agriculture Fast Track Fund Awards Two News Grants With Positive Impact On Local Economy in Tanzania
The Agriculture Fast Track Fund (AFT) has awarded two grants worth almost US$650,000 to high value agriculture infrastructure projects in Tanzania. Tanga Fresh UHT Milk Factory and… Read more »
Africa: AfDB Approves Its First Human Capital Strategy
The Board of Executive Directors of the African Development Bank Group (AfDB) approved on May 28, 2014 in Tunis the AfDB's first Human Capital Strategy (HCS). The strategy paves… Read more »
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 »
Tanzania: Agriculture Fast Track Fund Awards Four New Grants in Mozambique and Tanzania
The AfDB's Agriculture Fast Track Fund (AFT) has awarded four new grants amounting to almost US$2,000,000 to high value agriculture infrastructure projects in Mozambique and… 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 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 »
Sierra Leone: Sierra Leone, AfDB Provides U.S. $10 Million Grant for Public Financial Management
The African Development Bank Group and the Government of Sierra Leone have committed to good governance and to tackling corruption, with a view to building a stronger economy. This… 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 »
Somalia: AfDB Reaffirms Support to Somalia's Reconstruction
The African Development Bank has reaffirmed its support to Somalia's reconstruction as the country embarks on the path of irreversible and durable peace and stability. 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 »
Mauritania: AfDB Funding Emergency Humanitarian Relief for Flood Victims
"The AfDB is a preferential partner of Mauritania. It has funded various projects in the country and helped to improve socio-economic conditions for the Mauritanian population,"… Read more »
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 »
South Sudan: Ministers Call for an International Commitment to Peace and Development in South Sudan
Only three years after independence, the world's youngest country was still celebrating its newly acquired freedom before it was plunged into violent conflict. On December 15,… 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 »
Nigeria: Exim Bank of India and Nigeria Sign Us $100 Million Loan for Energy Development
The Export-Import Bank of India (Exim Bank) and Nigeria signed a US $100-million line of credit agreement on May 22, for the financing of three energy projects in the provision of… Read more »
