November 12, 2008
Africa: African Countries Endorse Measures to Mitigate Impact of Global Financial Crisis
African finance ministers and central bank governors rose from a day-long meeting on Wednesday in Tunis after the adoption of a communiqué on what their countries would do… Read more »
Africa: AfDB Calls for Global and Inclusive Solution to Financial Crisis African GDP Growth Revised Downwards
Although African countries have, so far, not witnessed huge losses occasioned by the prevailing global financial crisis, the phenomenon is likely to diminish the considerable… Read more »
Africa: Africa Confronts the Financial Crisis in Tunis
The African ministerial conference on the global financial crisis opened on Wednesday, November 12, 2008, with some 300 participants in attendance. Read more »
November 11, 2008
Africa: Tanzania - U.S.$ 42 Million for Zanzibar Water And Sanitation Project
Efforts to improve water supply and sanitation in Zanzibar have received strong support from the African Development Bank (AfDB) Group which on Tuesday in Tunis, approved a… Read more »
November 10, 2008
Africa: AfDB Hosts High-Level Forum on Africa and Global Financial Crisis
The African Development Bank (AfDB) Group will host a high-level forum of African Finance Ministers and African Central Bank Governors on the global financial crisis in Tunis,… Read more »
October 30, 2008
Africa: AfDB Approves U.S.$ 18.7 Million for Electricity Project in Guinea
The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, on Wednesday in Tunis approved a 12 million… Read more »
Africa: AfDB Supports Health System Development in Equatorial Guinea
The African Development Bank (AfDB) has approved a loan of 15 million Units of Account (UA*), about US$ 23.35 million, to finance a health system development project in Equatorial… Read more »
Africa: AfDB Approves U.S.$ 156 Million Budget Support for Tanzania
Efforts by the Government of Tanzania to enhance accountability and transparency in the allocation of its public resources received strong support on Wednesday in Tunis where the… Read more »
Africa: AfDB Finances Zambia's 2nd Poverty Reduction Budget Support Programme
The African Development Bank, through its soft loan affiliate, the African Development Fund, on Wednesday approved 15 million Units of Account*, approximately US$ 23.4 million, as… Read more »
Africa: AfDB Hosts Seminar on Sustainable Water Resources Management
The African Water Facility (AWF) seminar on sustainable water resources management opened on Tuesday in Tunis, under the chairmanship of the African Development Bank (AfDB) Group's… Read more »
October 29, 2008
Africa: Microsoft, Yahoo!, Western Union and African Development Bank Announce Coalition to Combat Internet Lottery Scams
Microsoft, Yahoo!, Western Union and The African Development Bank today announced the formation of a coalition to raise global awareness amongst consumers of the threat posed by… Read more »
October 24, 2008
Africa: Migrant Remittances Development Challenge
The African Development Bank (AfDB) gives high priority to promoting remittances by migrant workers, in view of its impact on poverty alleviation in countries of origin. Indeed,… Read more »
Africa: Seoul Hosts Third Africa-Korea Economic Cooperation Conference
The Korean Strategy and Finance Ministry and the Import-Export Bank of Korea, in collaboration with the African Development Bank (AfDB) will, from 27-30 October in Seoul, organize… Read more »
October 23, 2008
Africa: AfDB Group Approves U.S.$ 293 Million for Infrastructure Development and Poverty Reduction
The Board of Directors of the African Development Bank (AfDB) Group on Wednesday in Tunis, approved US$ 293.4 million to Tunisia, Mozambique and Third Emerging Capital Partners… Read more »
Africa: AfDB Approves U.S.$ 93 Million Loan for Mozambique
The African Development Bank (AfDB) Group has approved a budget support loan of 60 million Units of Account (UA*), equivalent to US$ 93.4 million, to finance Mozambique's second… Read more »
Africa: AfDB Hosts Third DFI Conference on Corporate Governance in Tunis
The Third Development Finance Institutions (DFIs) Conference on Corporate Governance opened on Tuesday in Tunis, under the auspices of the African Development Bank (AfDB) Group. Read more »
Africa: Tunisia - U.S.$150 Million Loan for Oil and Gas Field Development Project
The African Development Bank Group (AfDB), through its Private Sector Window, has approved the provision of a senior loan of US$ 150 million to finance the Hasdrubal Oil and Gas… Read more »
October 22, 2008
Africa: AfDB Organizes in Tunis the 3rd Edition of African Economic Conference
The African Development Bank (AfDB) will be organizing, from November 12-14, 2008, in Tunis (Ramada hotel), the 3rd edition of the African Economic Conference. Read more »
October 20, 2008
Africa: AfDB Organizes an African High Level Forum on International Financial Crisis
African Ministers of Finance and Central bank's governors will be gathering in Tunis, on November 12th, 2008, to discuss the international financial crisis and its potential… Read more »
October 17, 2008
Africa: U.S Treasury and Infrastructure Consortium for Africa Host Africa Power Symposium
The US Treasury Assistant Secretary, Clay Lowery, and the African Development Bank (AfDB) Group President, Donald Kaberuka, addressed on Monday, 13 October 2008, in Washington, a… Read more »
October 16, 2008
Ghana: AfDB Approves U.S.$ 32 Million Loan for Ghana's Tema Power Project
The African Development Bank Group's Board of Governors on Tuesday 15 Oct. 2008 in Tunis, approved a US$ 32 million private sector loan to Tema Osonor Plant Limited, a special… Read more »
Africa: Central African Republic - U.S.$ 14.79 Million for Economic Reform
The Central African Republic will receive 9.5 million Units of Account (UA*), about US$ 14.79 million grant in support of the country's economic reform programme approved by the… Read more »
October 15, 2008
Africa: AfDB and Mali Sign CFAF 23 Billion Budget Support Loan Agreement
The African Development Bank Group and the Malian government have signed an agreement for a budget support loan of 33 million Units of Account (UA*), about CFAF 23 billion to… Read more »
October 14, 2008
Kenya: AfDB Africa Food Crisis Response Initiative - Kenya Gets U.S. $12 Million
The African Development Bank Group has approved the immediate release of 7.71 million Units of Account (UA*), about US$ 12 million to Kenya to help the country tackle growing food… Read more »
October 08, 2008
Djibouti: U.S.$ 33 Million Approved for Ethiopia-Djibouti Power Interconnections Project
Prospects for the completion of the Ethiopia-Djibouti power interconnection became a reality on Wednesday in Tunis, where the Board of Directors of the African Development Fund,… Read more »
