May 30, 2012
Africa: AfDB Grants 12 Million Euros to Democratic Republic of Congo to Modernize Its Public Finances
On 29 May, the African Development Bank (AfDB) made a grant of €12 million to the government of the Democratic Republic of Congo in support of the project to modernize the… Read more »
Africa: AfDB Panel Discussants Say Addressing Infrastructure Gap Is Key to Africa's Transformation
Lack of sufficient and reliable infrastructure continues to constrain Africa's potential for growth and economic transformation. Read more »
Africa: AfDB Records 36 Per Cent Increase in Loan and Grant Commitments
The African Development Bank (AfDB) Group made approvals of almost USD 8.5 billion in 2011, which represented a 36-percent increase on 2010 approvals which totalled approximately… Read more »
Africa: Regional Integration Can Boost Job Creation and Foster Economic Growth
Accelerated regional integration can generate greater benefits including job creation given the high unemployment levels and the youthful demographic profile of the East African… Read more »
Africa: AfDB Stresses Importance of Remittances and Microfinance for Financial Inclusion
The role played by remittances and microfinance in the empowerment of the less privileged in society came under scrutiny on 29 May in Arusha, Tanzania, during a high-level panel… Read more »
Africa: Emerging Economies Celebrate South-South Convergence
Emerging economies of South East Asia and African developing economies on Tuesday celebrated the convergence of South-South fruitful development initiative at the on-going African… Read more »
Africa: Credit Rating Can Help African Countries Access International Financial Markets
As the Governors of the African Development Bank Group meet in Arusha, Tanzania, from 31 May to 1 June 2012, the annual rating of AfDB by Standard and Poor's, Moody's and Fitch,… Read more »
Africa: AfDB On Course to Build African Class of Entrepreneurs
Though the African Development Bank (AfDB) Group hasn't allocated a specific amount for promoting the African private sector, it is determined to build a class of entrepreneurs… Read more »
Africa: Regional Integration Can Boost Job Creation and Foster Economic Growth
Accelerated regional integration can generate greater benefits including job creation given the high unemployment levels and the youthful demographic profile of the East African… Read more »
May 29, 2012
Africa: 'Our Partnership With AfDB Is Relevant in Shaping the Continent's Needs to Emerge As a Viable Growth Pole,' ACBF Executive Secretary
What is the link between the Africa Capacity Building Foundation's activities and the theme of the 2012 Annual Meetings: Africa and the Emerging Global Landscape - challenges and… Read more »
Africa: Good Financial Governance, an Indicator of Democracy, Says Donald Kaberuka
Un gouvernement propre, qui travaille pour son peuple et oeuvre au bien-être de sa population, telles sont les trois critères qui, selon le président de la… Read more »
Africa: The AfDB Turns a Corner in Its Relations With Civil Society
The African Development Bank will be hosting a Forum for Civil Society engagement in conjunction with its 2012 Annual Meetings in Arusha, Tanzania. About 60 civil society… Read more »
Africa: AfDB Seminar Participants Concerned By Africa's Inability to Tackle Emerging Challenges
Africans need to recognise the legitimacy of self-interest and stop blaming everybody under the sun for the failure of their economies to be competitive with the rest of the world,… Read more »
May 28, 2012
Africa: AfDB Still Strongly Committed to General Capital Increase Pledges
Government representatives, heads and senior officials of financial and multilateral development banks (MDBs), civil society organizations, private sector and academics are meeting… Read more »
Africa: Private Sector Key to Africa's Growth, Says 2012 African Development Report
Most African countries have come to recognize the critical role that the private sector can play to help the continent reach its full economic and social potential, according to… Read more »
Liberia: AfDB Boosts Liberia's Government Efforts to Improve Smallholder Productivity
Liberia, today in Arusha, Tanzania, received an African Development Bank Group grant of USD 46.50 million within the context of the Global Agriculture and Food Security Program… Read more »
Africa: African Stakeholders Want Governments to Take Action to Stem Drought
Some African stakeholders on Monday at the ongoing Africa Development Bank (AFDB), annual meetings in Arusha, Tanzania, said that Africa was paying lip service to the age-old issue… Read more »
Africa: Report Sees Bright Future for Africa but Warns Against Excessive Optimism
Activities preceding the 2012 annual meetings of the African Development Bank Group got underway in Arusha, Tanzania, on Monday, with the launch of "The African Economic Outlook" a… Read more »
Africa: AfDB Grants 3.3 Million Euros to Sudan to Support Water Sector in Darfur
The African Development Bank (AfDB) signed a €3.3 million grant protocol agreement on 24 May with the Republic of Sudan for a water project that will support conflict… Read more »
Africa: Jobs for Youth Key to Africa's Continued Economic Growth and Social Cohesion
With the number of youths in Africa set to double by 2045, countries across the continent should boost job creation and help young people acquire new skills, according to the… Read more »
May 27, 2012
Africa: Afdb and Other Development Banks Reach Concord On Common Reporting Method for Adaptation Finance
After months of collaboration and research, the African Development Bank (AfDB) and five other multilateral development banks (MDBs) have come to various agreements on a protocol… Read more »
May 24, 2012
Africa: Africa's Top Business, Political and Academic Names to Flock to AfDB's Annual Meetings in Arusha
A dazzling array of Africa's most successful people, including a sitting president, a former president and a multibillionaire businessman, will gather at the Annual Meetings of the… Read more »
Africa: African Water Facility Helps Boost Socio-Economic Development in Ethiopia and South-Sudan
Millions of people living in the Baro-Akobo-Sobat (BAS) area of the Nile Basin are to benefit from a range of multi-purpose water resources projects to be planned by the Nile Basin… Read more »
Africa: AfDB Publishes All-Africa Report On Household Spending Patterns
Because Africa is a continent of 54 countries, finding data on how Africans live in terms of consumption and spending is not easy, but a new report from the African Development… Read more »
Africa: AfDB Publishes Major Labour Force Statistical Guidebook
The African Development Bank (AfDB) has produced a comprehensive new guidebook on labour force statistics to aid statisticians in Africa in their analysis/Entitled: 'Labour Force… Read more »
