May 12, 2009
Africa: AfDB and Member Countries Ready to Tackle Vulture Funds
The African Development Bank (AfDB) and 29 Regional Member Countries (RMCs) have, so far, signed an agreement to establish The African Legal Support Facility (ALSF), which will… Read more »
Africa: At Least an Additional U.S.$15 Billion to Respond to Financial Crisis in Africa
International Financial and Development Institutions to Coordinate Response through African Financing Partnership Read more »
May 11, 2009
Africa: Award of Public Contracts-the Need to Train African Consultants
The strategic role of public contracts in performance enhancement and development effectiveness was revisited yesterday by a panel of experts. Read more »
Africa: Former South African Minister Canvasses Adoption of Procurement Policy
Former South African Minister of Public Enterprises, Alexander Erwin, says the adoption of procurement policy by African countries will enhance the much desired growth and… Read more »
Africa: The African Development Bank Group to Launch the African Legal Support Facility
The African Development Bank (AfDB) has announced that the African Legal Support Facility (ALSF) will be launched at a Summit in Tunis in June, 2009. The announcement was made… Read more »
Africa: AfDB Group Posts Excellent Financial Results in 2008
A financial presentation made by Bank Group's Treasurer, Pierre Van Peteghem, on Monday in Dakar, indicated the extent to which the institution's prudent financial management and… Read more »
Africa: Joint IFI/DFI Action Plan for Africa
At Least an Additional US$15 Billion to Respond to Financial Crisis in Africa International Financial and Development Institutions to Coordinate Response through African Financing… Read more »
Africa: AfDB Business Leadership Award Winner Advocates People-Friendly Governance
South African business woman, Louisa Madiako Mojela, who became the first recipient of the African Development Bank (AfDB) Group's African Business Leadership Award, has urged… Read more »
May 10, 2009
Africa: Leonce Ndikumana, AfDB Research Director, Fulfilling Aid Promises
How should Africa react in order to cope with the financial crisis? This issue has been examined from two different perspectives by the African Development Bank (AfDB) Group… Read more »
Africa: African Development Report 2008-2009, Focus On Conflict Resolution, Peace And Reconstruction in Africa
The Report, prepared by African Development Bank (AfDB) experts and published by Oxford University Press, examines the economic and social cost of conflicts across the continent… Read more »
Africa: AfDB: Making Finance Work for Africa
En marge de ses Assemblées annuelles, le Groupe de la Banque africaine de développement (BAD) a organisé une conférence sur le thème : «… Read more »
Africa: Interview With AfDB Group Risk Management Department Director, Kodeidja Diallo
"The Bank Group Bank currently has significant unused risk capital (50%) which will enable it to scale up its activities...until around 2013. However, in order to further increase… Read more »
Africa: AfDB: African Economic Outlook 2009 Launched in Dakar
The book, published jointed by the African Development Bank, the Organization for Economic Cooperation and Development (OECD), and the UN Economic Commission for Africa, says the… Read more »
Africa: AfDB Partners With International Agencies to Boost Agricultural Production
Mr Aly Abou-Saaba, Director of Agriculture and Agro-Industries of the ADfB said at the forum on "The challenges of food security in Africa" in Dakar on Sunday, on the sidelines of… Read more »
Africa: Delegates Converge On Dakar for AfDB's 2009 Annual Meetings
The Meetings, taking place at the King Fahd Complex Conference Center in the Meridian President Hotel, will be preceded by High Level Ministerial sessions and Seminars on current… Read more »
May 07, 2009
Africa: U.S.$ 45 Million ADF Budget Support Grant for Poverty Reduction Programm
The overall goal of the PRSSP III approved by the ADF Board on Wednesday in Tunis is to contribute to economic growth and poverty reduction in Rwanda in line with the strategic… Read more »
Africa: Mombasa-Nairobi Electricity Transmission - Approval of $ 75 Million ADB Loan
The Board of Directors of the African Development Fund on Wednesday in Tunis approved a loan of 50 million Units of Accounts, equivalent to US$ 75 million, to finance the… Read more »
Africa: AfDB President Calls for More Financing for Small and Medium-Sized Enterprises
The African Development Bank (AfDB) Group President, Donald Kaberuka, has called for greater efforts to enable small and medium scale enterprises gain better access to financing.… Read more »
Africa: African Economic Outlook (AEO) 2008/09
The 2009 Outlook covers 47 African countries, up from 35 last year. The report finds the region gravely affected by the global economic downturn. Following half a decade of above 5… Read more »
Africa: AfDB Grants U.S.$ 97 Million Budget Support to DRC to Mitigate Impacts of Financial Crisis
The African Development Bank (AfDB) Group Board of Directors approved in Tunis on Wednesday, an African Development Fund (ADF) grant of UA 65 million (US$ 97.18 million) to the… Read more »
Africa: AfDB President Commends Belgian Development Cooperation in Africa
African Development Bank (AfDB) Group President, Donald Kaberuka, has commended Belgian development cooperation in Africa. Speaking in Brussels on May 6, 2009, during the "Assises… Read more »
May 06, 2009
Kenya: Invest Kshs 174.8 Million (U.S.$ 2.2 Million) to Promote Entrepreneurship and Economic Growth in Kenya
K-Rep is distinct from other commercial banks or financial institutions, because of its social mission of providing financial services to low income and poor urban and rural people… Read more »
Africa: AfDB Group Approves Over U.S .$235 Million for Five Operations in Sierra Leone, Kenya, DRC and Rwanda
The Boards approved 10 million Units of Account (UA*), equivalent to US$ 15 million, from the AfDB/ADF grant under the Supplemental Support Window of the Fragile States Facility… Read more »
May 05, 2009
Africa: The AfDB 2009 Annual Meetings - A Climate Friendly Conference
On April 30, African Development Bank Vice President Zeinab El-Bakri announced "Our Annual meetings ... this year are officially carbon neutral." The Dakar meeting has been… Read more »
May 04, 2009
Africa: AfDB Supports Liberia's Agriculture Sector Rehabilitation Project
The Board approved UA 6 million ADF and UA 0.5 million grants from the Fragile States Facility (FSF), for the Agriculture Sector Rehabilitation Project, which aims at increasing… Read more »