Africa: The AfDB Finances the Harnessing of Drainage Basins in Burundi

The African Development Bank Group (AfDB) undertook on May 28, 2013, to provide financing for the harnessing of drainage basins and improved climate resilience in Burundi. The… Read more »

Africa: Libya Joins the African Development Fund Group of Donors

Libya's Minister of Finance, Al- Kilani Abdelkarim Al-Kilani Al-Jazi, announced during the African Development Bank's Annual Meetings in Marrakech that his country would join the… Read more »

Africa: AfDB Funds Mozambique's Massingir Dam Emergency Rehabilitation Project

The African Development Bank on May 28 in Marrakech, Morocco, granted a supplementary loan of US $33.213 million to the government of Mozambique for the rehabilitation of the… Read more »

Africa: Natural Resources - Putting the Interests of Africans First

Political leaders, finance experts have expressed the need to give priority to Africa's premier resource, its people through good governance and the use of proceeds from natural… Read more »

Africa: AfDB Posts Strong 2012 Operations Results, Launches New Strategic Focus On Inclusive Growth

The African Development Bank (AfDB) Group posted good operational results in 2012, the Bank's Treasurer, Pierre Van Peteghen, said in Marrakech on Wednesday, May 29, 2013. Read more »

Africa: Developing African Agriculture for the Continent's Inclusive Growth

Africa is now the world's second fastest-growing continent. Despite a decade of seismic shifts in the global economy, the continent has continued to accelerate its economic growth,… Read more »

Africa: Liberia and Rwanda Praised for Efforts to Meet Mdg Targets

With only 1,000 days to go before the Millennium Development Goals (MDGs) deadline, participants at a high-level seminar organized by the African Development Bank (AfDB) have… Read more »

Africa: Project Financiers Gather in Marrakesh to Discuss Finance of Small and Medium-Sized Projects in Africa

A side event entitled Sustainable Energy Fund for Africa (SEFA): Reaching out to Project Financiers in Africa was held during the African Development Bank's (AfDB) 2013 Annual… Read more »

Africa: New AfDB-GFI Joint Report - Africa a Net Creditor to the Rest of the World

A new joint report by the African Development Bank (AfDB) and Global Financial Integrity (GFI), launched officially on Wednesday, May 29, 2013 at the 48th AfDB Annual Meetings in… Read more »

Africa: Courses That Suits Labour Market Will Bridge Skills Gap, Say Experts

The existing talent gap in management in Africa is a result of mismatch between schools and labour market needs, said education experts during a session entitled "Closing the… Read more »

Africa: ALSF Backs Gambia's Bid for Greater Banjul Power Project

The African Legal Support Facility (ALSF), on 28 May in Marrakech, signed a $US 400,000 agreement with The Gambia to provide legal assistance in the negotiations of independent… Read more »

Africa: ALSF Management Board and Governing Council Strategize On Future Engagements

The Management Board and the Governing Council of the African Legal Support Facility (ALSF), held two important meetings on Sunday 26 and Monday 27 May 2013 in Marrakech, where… Read more »

Africa: AfDB Loans U.S.$ 600 Million to Standard Chartered Bank and Commerzbank to Finance Trade in Africa

Supporting commercial banks to finance trade in Africa, in a bid to transform the continent, was a commitment that the African Development Bank concretized on 29 May 2013 in… Read more »

Africa: African Development Report Calls for Green Growth in Africa's Development

With majority of Africans depending on natural resources for livelihood, a new African Development Bank report is urging the continent to embrace green growth in its developmental… Read more »

Africa: President's AfDB Annual Meetings Blog - A Continent Taking Hold of Its Own Destiny

We celebrated Africa's 50th birthday last weekend: the OAU came into being on May 25, 1963. The message was clear: political independence came long ago; and economic independence… Read more »

Africa: Talk With a Bank Agroindustry Expert On Africa's Structural Transformation

As delegates gather in Marrakech for the Bank's 48th Annual Meetings, some Bank experts have shared their perspectives on Africa's structural transformation, which is the key topic… Read more »

Africa: Technology Can Help Africa Leap-Frog Development Challenges

Appropriate deployment of technology can help African countries to solve some of their development challenges. This is the consensus view that emerged during discussions on a new… Read more »

Africa: President Kagame Says Agriculture Is Key to Africa's Transformation

President Paul Kagame of Rwanda has identified agriculture as a key sector that can enable Africa's economic transformation. Read more »

Africa: AfDB Boosts Food and Agriculture Sector Development Project in the Gambia

The African Development Bank Group and The Gambia, on May 28, 2013 in Marrakech, signed a USD 26.6 million protocol agreement to boost the agricultural production and food security… Read more »

Africa: Participants Discuss Tools for Monitoring Inclusive Growth

Economic, social, spatial and political inclusion are the four key parameters that can be used for monitoring inclusive growth, a primary condition for the attainment of Africa's… Read more »

Africa: AfDB Strengthens Partnerships With Csos to Meet Africa's Development

Among the most highly anticipated events on the African Development Bank Annual Meetings agenda was the Civil Society Organizations (CSO) Forum hosted by the Bank on May 28 in… Read more »

Africa: How to Improve Fiscal Transparency, Accountability and Grassroots Participation in Africa

Finance Ministers and representatives from various African countries came together on Monday, May 27, Day 1 of the African Development Bank's 48th Annual Meetings, to discuss… Read more »

Africa: Africa Should Rely On Self for the Success of Structural Transformation

The policies implemented to develop Africa have not helped the continent surmount its difficulties, poverty, unemployment; the lack of infrastructure ... Read more »

Africa: Entrepreneurs to Showcase Work At Roundtable On Fostering Africa's Innovation Revolution

Panelists of a high-level roundtable, featuring leading policy-makers, technologists and investors from across Africa, will discuss how to create an enabling environment to realize… Read more »

Africa: Natural Resources Can Fuel Africa's Economic Transformation

Africa's agricultural, mining and energy resources could boost the continent's economic growth and pave the way for a breakthrough in human development, according to the African… Read more »