May 07, 2009
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 »
April 30, 2009
Africa: AfDB Group Supports Rehabilitation of Tombo-Gbessia Road
Le Conseil d'administration du Fonds africain de développement, le guichet concessionnel du Groupe de la Banque africaine de développement (BAD) a approuvé… Read more »
Africa: Kenya Secures U.S. $22 Million to Restore Farm Infrastructure and Rural Livelihoods
The project's objective is to restore agricultural production and livelihoods for 19,000 farm households displaced by the Post-Election Conflict (PEV) in the districts of Molo and… Read more »
Africa: U.S.$ 33 Million ADF Budget Support Loan and Grant
The 11 million Units of Account* (US$ 16.5 million) loan and grant in the same amount will support the implementation of Benin's Poverty Reduction and Growth Strategy (PRGS)… Read more »
Africa: AfDB Keeps an Eye On Swine Flu
The AfDB is keeping an eye on swine flu as it sweeps across the globe. In a memo issued by the AfDB Human Resources Director, Daniel Tytiun, to Bank staff, the Bank expressed its… Read more »
Africa: Bank Groups Rolls out Climate Risk Management and Adaptation Strategy
The strategy is informed by the underlying notion that the African continent is most vulnerable to climate change and climate variability, a situation compounded by low adaptive… Read more »
Africa: U.S.$ 27 Million Loan for Water Supply and Sanitation Project
The Niassa Provincial Towns Water and Sanitation Project approved by the AfDB Board on Wednesday in Tunis, is designed to improve access, quality, availability and sustainability… Read more »
April 29, 2009
Africa: A Carbon Neutral 2009 Annual Meetings
The AfDB Annual Meetings for this year are officially carbon neutral. Read more »
April 28, 2009
Africa: Independent Review Mechanism - Sensitization Sessions
The Compliance Review and Mediation Unit (CRMU) of the African Development Bank in collaboration with GROOTS, a local NGO, co-organized two community pilot sensitization sessions… Read more »
April 27, 2009
Africa: Africa Needs a Rapid Response to Crisis, Says AfDB President
"It will certainly take African countries a longer time to emerge from the crisis than other countries," the African Development Bank (AfDB) President, Donald Kaberuka, said to the… Read more »
April 16, 2009
Africa: AfDB Helps Morocco Improve Airport Efficiency
This project involves upgrading facilities at the Casablanca, Fez, Agadir, Marrakech and Rabat, airports, which handle the bulk of air traffic to and from Morocco. Read more »
Africa: AfDB Supports Tunisia's Efforts to Integrate Into Global Economy
In line with the objectives of the country's 11th Plan (2007-2011), the government's program priorities and the Country Strategy Paper (CSP) for the same period, the Integration… Read more »
April 14, 2009
Africa: AfDB Participates in the Gambia's 2008-2018 Reform Strategy Endorsement
The African Development Bank (AfDB) Group recently attended the endorsement of The Gambia's 2008-2011 civil service reform strategy. The strategy was presented to the National… Read more »
Africa: Bank Group and Zambia's Ministry of Works Discuss Major Multinational Operation
On the sidelines of the North-South conference which recently took place in Lusaka, Zambia, the African Development Bank (AfDB) Group Vice President for Infrastructure, Mandla… Read more »
Africa: Bank Group and Partner Launch Report on Budget Practices in Africa
The African Development Bank (AfDB) Group Governance Director, Gabriel Negatu, and the Head of the Collaborative Africa Budget Reform Initiative (CABRI), Neil Cole, on April 7,… Read more »
Africa: Bank Group and Partner Launch Report on Budget Practices in Africa
The African Development Bank (AfDB) Group Governance Director, Gabriel Negatu, and the Head of the Collaborative Africa Budget Reform Initiative (CABRI), Neil Cole, on April 7,… Read more »
Africa: Bank Group and Zambia's Ministry of Works Discuss Major Multinational Operation
On the sidelines of the North-South conference which recently took place in Lusaka, Zambia, the African Development Bank (AfDB) Group Vice President for Infrastructure, Mandla… Read more »
Africa: Bank Support to Tax Policy and Administration in Africa
Improving revenue administrations during times of economic downturn was one of the key challenges discussed at an international seminar on cooperation on tax policy and revenue… Read more »
April 10, 2009
Africa: AfDB Workshop on Financial Crisis Takes Place in Tunis
A workshop organized by the African Development Bank (AfDB) Group on the theme: "Financial Crisis - Strategies for Mitigating its Impact in Africa" took place on Friday, April 10,… Read more »
Africa: African Development Bank Initiative on Trade Finance
One of the first consequences of the global financial crisis has been the apparent drying up of liquidity in international markets which has, in turn, impacted adversely on the… Read more »