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 »

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 »

Libya: AfDB Signs the First Grant Agreement With Post-Revolution Libya

The African Development Bank (AfDB) Group, on Wednesday, May 22, 2014 in Kigali, signed its first post-revolution grant agreement with the Libyan authorities, to assist with… Read more »

Senegal: AfDB Announces a 60 Billion CFA Francs Loan to Fund Water and Sanitation Project in Senegal

On 22 May 2014, the African Development Bank (AfDB) announced a loan of 60 billion CFA francs (approximately US $127 million) to Senegal for a water and sanitation project. The aim… Read more »

Rwanda: President Kagame Officially Opens AfDB 2014 Annual Meetings, Commends Bank for Its Development Work in Africa

Rwanda's President, Paul Kagame, officially opened the African Development Bank's Annual Meeting on Thursday, May 22, 2014 in Kigali, commending the Bank for its huge contributions… Read more »

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 »

West Africa: Capacity Building for Ecowas Parliamentarians On Accountability in Social Sectors

On average 40-60% of public expenditure goes to social spending in Africa, which calls for improved governance, and voice and accountability in social spending. In order to foster… Read more »

Africa: Africa's Economic Performance in 2013 Demonstrates Resilience to Global Headwinds

Africa recorded nearly 4% GDP growth in 2013, a two-percentage point decline compared to 2012, according to the 2013 operations results released by the African Development Bank… Read more »

Africa: Transparency and Accountability - a Mutual Responsibility of Governments and Citizens

The concepts of transparency and accountability are gaining ground in Africa. Nevertheless, there remains many issues and questions to resolve. The "monster of corruption" is… Read more »

Cote d'Ivoire: AfDB's Return to Abidjan in 2014 On Track

The return of the African Development Bank (AfDB) to its headquarters in Abidjan is on track, its President, Donald Kaberuka, said on May 21 during his presentation of the 2013… Read more »

Africa: AfDB Launches Online Platform to Fast-track Results

To communicate results with even more clarity, the African Development Bank (AfDB) on Wednesday, May 21, in Kigali, unveiled 'MapAfrica' an interactive, online platform that charts… Read more »

Africa: MapAfrica - African Development Bank Looks to Institutionalize Geocoding

On Wednesday, May 21, 2014, the African Development Bank (AfDB) released MapAfrica - a dynamic online platform that will enable citizens, government officials, and donors to track… Read more »

Africa: Africa on the Mend - Staying the Course on Transformation

In six years' time, in 2020, 22 African countries will be growing at more than 6%, with 5.7% growth projected for the continent in 2013, according to the Annual Development… Read more »