Africa: World Bank - Africa Needs U.S. $93 Billion For Infrastructure Nov 13, 2009
A separate statement from the bank in Midrand, South Africa, said the study, is "one of the most detailed ever undertaken on the African continent." It was jointly conducted by the African Union Commission, African Development Bank, Development Bank of Southern Africa, Infrastructure Consortium for Africa, the New Partnership for Africa's Development, and the World Bank. Besides relevant ministries, the study surveyed 16 rail operators, 20 road entities, 30 power utilities, 30 ports, 60... (allAfrica.com)
Development Effectiveness - Aid Comes Under Scrutiny Nov 13, 2009
Aid volatility and disbursement lags are not significant determinants of the stabilizing impact of aid," the paper says. Contacts Felix Njoku African Development Bank ? 2009 African Development Bank. All rights reserved. Distributed by AllAfrica Global Media (). To contact the copyright holder directly for corrections or for permission to republish or make other authorized use of this material, . AllAfrica - All the Time. (allAfrica.com)
Experts Reflect on Imperative of Regional Action for Agriculture in Africa Nov 12, 2009
He stressed that donors such as the AfDB and the International Fund for Agricultural Development (IFAD) need to develop their regional capacities and streamlined financing and implementation mechanisms independent of individual country borrowing decisions ... OPEV is the African Development Bank (AfDB) Group's Operations Evaluation Department. (allAfrica.com)
The African Development Bank Extends Its Support to the Wastewater Sector in Egypt Nov 12, 2009
"We take pride in our collaboration with the Government of Egypt on financing this strategic project. The primary objective is to strengthen the efforts made by the Egyptian Government towards wider and improved coverage of sanitation services in the country, thereby contributing to better living and health conditions for the population and ultimately a cleaner environment." stated Mr. Jacob Kolster, Regional Director, African Development Bank ... "This project is fully aligned with the... (allAfrica.com)
Second African Water Week - AfDB Sets the Scene Nov 12, 2009
The AfDB delegation led by Vice President Bobby Pittman attended the opening ceremony of the Second African Water Week which is being held in Midrand, South Africa from 9-13 November 2009 ... The AfDB was among chosen organizations called upon to set the scene for the conference ... It is in this line that an overview of the sub-themes on "Delivering on water security and sanitation commitments: Action Plan for reporting to the African Union" was presented by Mr. Woudeneh Tefera, from the... (allAfrica.com)
Economic Crisis Takes Centre Stage at African Economic Conference Nov 12, 2009
Launched by the African Development Bank (AfDB) Group in November 2006 in collaboration with the United Nations Economic Commission for Africa (UNECA), the African Economic Conference has, since then, become an annual event with this year's meeting taking place against the backdrop of a severe global financials crisis that has hurt many African countries ... African Development Bank ... 2009 African Development Bank. (allAfrica.com)
African Economic Conference Considers Prospects for Re-Launching Africa's Development Nov 12, 2009
Tunis The 11-13 November Conference, jointly organized by the African Development Bank (AfDB) Group and the Economic Commission for Africa (ECA) on the theme "Fostering Development in an Era of Financial Economic and crises", is designed to come up with ideas needed to tackle the challenges and promote development ... African Development Bank ... 2009 African Development Bank. (allAfrica.com)
African Economic Conference - Knowledge-Sharing Exercise Nov 12, 2009
A joint AfDB-UNECA press conference took place on Wednesday, November 11, 2009, in Addis Ababa, Ethiopia, as part of activities of the African economic conference that is being held on the theme: "Fostering Development in an Era of Financial Economic and crises". Speaking during the press conference, the AfDB research division manager, Abdul Kamara, said Africa was expected to be insulated from the global financial crisis given that its economy had not been fully integrated into the global... (allAfrica.com)
The High Level Forum on Public Procurement Reform in Africa Nov 11, 2009
The high-level forum on public procurement reforms in Africa will be hosted by the African Development Bank (AfDB) Group in Tunis from 16-17 November 2009 ... African Development Bank ... 2009 African Development Bank. (allAfrica.com)
AfDB Strengthens Cooperation Ties With India Nov 9, 2009
Tunis, 6 November 2009 - The African Development Bank (AfDB) Group President, Donald Kaberuka, will next week be on an official visit to India where he will meet senior government officials and sign a cooperation agreement with the Export-Import Bank of India (EXIM) ... Mr. Kaberuka will sign a Memorandum of Understanding (MoU) between AfDB and EXIM Bank on 9 November in New Delhi ... The MoU will provide a new institutional framework for both institutions to jointly support AfDB regional member... (allAfrica.com)
President Kaberuka Reaffirms AfDB Support to the ICGLR Nov 9, 2009
The African Development Bank (AfDB) Group President, Donald Kaberuka, has reaffirmed AfDB support to the Great Lakes Region and the region's eleven countries at the International Conference on the Great Lakes Region (ICGLR) taking place in Bujumbura, Burundi, where the AfDB is attending as a member of the conference and a bilateral partner ... Citing the many initiatives and facilities established by the AfDB, Mr. Kaberuka underscored, in particular, the Fragile States Facility that is already... (allAfrica.com)
AfDB President Set to Discuss Cooperation and It During Official Visit Nov 9, 2009
The African Development Bank (AfDB) Group President, Donald Kaberuka, will be on an official visit to India from November 9-11, 2009 ... However, following new emphasis on infrastructure development on the continent, Africa's railway system has drawn great attention and it is receiving a boost through new investments and financing, including those of the AfDB. ... The AfDB is currently considering financing the restructured Kenya-Uganda railway concession. (allAfrica.com)
East Africa: Kenya, Uganda, Ethiopia Get U.S.$452 Million for Roads Nov 9, 2009
This is because the African Development Bank (AfDB) board of directors has approved a total of $452 million for development of road infrastructure in the four countries. Out of the $452 million loan, $326. (allAfrica.com)
African Development Bank cancels grant to Ghana Nov 5, 2009
The African Development Bank (AfDB) has cancelled grant support for Ghana's educational reforms, TODAY can state on authority. Officials of the Bank, the paper's checks at its headquarters in Abidjan, Cote D'Ivoire have established, are not too keen on committing to the agreement reached with the previous Ghanaian government because actions of the current administration on the country's education reforms do not guarantee a genuine commitment to the Kufuor proposal. (Ghana Web, Ghana)
AfDB Active Support to the Great Lakes Region Nov 5, 2009
Une importante d;l;gation de la BAD conduite par le pr;sident Donald Kaberuka assiste les 5 et 6 novembre 2009 ; Bujumbura (Burundi) ; la Table ronde sur la mise en oeuvre du Pacte sur la s;curit;, la stabilit; et le d;veloppement dans la r;gion des Grands Lacs. La Conf;rence internationale sur la r;gion des Grands Lacs (CIRGL) est un m;canisme r;gional pour la paix, la s;curit;, la stabilit; et le d;veloppement dans les onze principaux pays de la r;gion des Grands Lacs d'Afrique*, qui... (allAfrica.com)
Central African Republic - U.S.$ 16 M for Water And Sanitation Project Nov 5, 2009
This project is in line with the AfDB Poverty Reduction Strategy Document of the Central African Republic for the 2008- 2012 period, notably the objective concerning economic reconstruction and diversification. The project is also in keeping with the Joint Country Partnership Strategy Paper of the Bank and the World Bank in CAR, approved by the AfDB Board in July 2009, and which supports the development of basic infrastructure and social services, with priority on drinking water supply and... (allAfrica.com)
The AfDB At Second African Water Week (AWW-2) in South Africa, 9-13 November 2009 Nov 5, 2009
Tunis The first African Water Week was organized by the AfDB jointly with the African Ministers's Council on Water (AMCOW) and held in March 2008, in Tunis. Having gathered more than 500 participants, the event was considered as a tremendous success. (allAfrica.com)
Veep addresses Club of former African heads of state Nov 4, 2009
Mr Paati Ofosu-Amaah, Special Adviser to the President of African Development Bank pleaded with the leaders to articulate Africa's case to the world. 3 Nov. 09. (Ghana Web, Ghana)
AfDB to Host First African Fertilizer Financing Mechanism Governing Council Meeting Nov 2, 2009
The African Development Bank (AfDB) Group on Tuesday, November 3, 2009, in Tunis will host the first African Fertilizer Financing Mechanism (AFFM) Governing Council meeting. The AfDB will use the occasion to brief the members of the governing council on the implementation status of the African Fertilizer Financing Mechanism and formally launch the programme ... The AfDB was given the mandate to establish and host the AFFM with the collaboration of the United Nations Economic Commission for... (allAfrica.com)
Controversy Unlimited: A Pitiful Ghanaian Mentality Nov 2, 2009
This is why a Spio Garbrah would distinguish himself at either the World Bank, African Development Bank or the Commonwealth Telecommunications Organization; it explains why a Boakye Agyarko would rise to the Vice Presidency of the Bank of New York; it underpins why Mohammed Ibn Chambas would become President of ECOWAS and facilitate the elevation of a Kofi Annan to the post of Secretary-General of the United Nations. Had these people being aiming for the aforementioned positions within the... (Ghana Web, Ghana)
AfDB Approves 153 Million for Botswana Power Project Nov 2, 2009
The AfDB is providing 15% of the project cost ... It is in this context that the AfDB approved a US$ 1. (allAfrica.com)
Zimbabwe: Mugabe Takes Sharp Dig At Tsvangirai Nov 1, 2009
The Berlin meeting was attended by representatives of 17 industrialized nations and of the European Union, the International Monetary Fund, the World Bank, the African Development Bank and the United Nations. Mugabe's party accuses Tsvangirai of not doing enough to persuade Western nations to lift travel and financial sanctions targeting Mugabe loyalists and their business associates. (CBS News -- World)
Ethiopia: We for or Against Us - The Dilemma of Population Growth Oct 31, 2009
The Economic Commission for Africa, the World Bank, the IMF, and the African Development Bank all agree with the Ethiopian government that the economy of the poorest country in the world is growing at a commendable pace. But some of that e progress is simply disappearing in the ocean of population growth, some of the rest is sacrificed by environmental and other forms of economic vulnerabilities; little remains for actual development. (allAfrica.com)
USD 989,000 Technical Assistance Grant for the Socit Nationale Industrielle Et Minire Oct 30, 2009
The African Development Bank (AfDB) and the Government of Japan have approved a grant of USD 989,000 to la Soci;t; Nationale Industrielle et Mini;re (SNIM) of Mauritania to be paid from the Fund for African Private Sector Assistance (FAPA) ... African Development Bank ... 2009 African Development Bank. (allAfrica.com)
USD 1 M Technical Assistance Grant to the African Trade Insurance Agency Oct 30, 2009
Upon the satisfactory achievement of the key performance indicators, the African Development Bank Group will consider providing additional financing to assist ATI to increase its capital base and expand its activities across the continent ... African Development Bank ... 2009 African Development Bank. (allAfrica.com)
Doing Business Made Easy by AfDB Support Oct 30, 2009
Pemba is one of the six Mozambican provincial capitals that have benefited from the establishment of One-Stop Shops, an initiative supported by the AfDB Public Sector Reform Project ... "The project is line with the Bank's Governance Strategy whose main trust is promoting an enabling business environment for private sector," the AfDB sector manager in charge of the project, Carlos Santiso, said ... While many challenges still remain, "the Bank's ambition for the project is to be able to... (allAfrica.com)
Cape Verde Attains Middle Income Country Status Oct 30, 2009
To improve the business climate and competitiveness as well as promote the private sector, the AfDB will, in addition to budget support measures, undertake targeted economic and sector work (study on the cost of insularity, private sector profile and a study on fiscal competitiveness of services, and budget support measures) ... Having attained MIC status, following the CSP approval, the country now falls within "Category B" or "blend borrower" in accordance with the Bank's lending policy, which... (allAfrica.com)
Eskom in $3bn WB talks Oct 29, 2009
He said Eskom has a facility for $2-billion from the African Development Bank. "The domestic market had been hungry for paper otherwise such a large amount would have meant bond yields would have gone higher [weaker]," he said. (iAfrica.com)
Zambia: AfDB Loan Explained Oct 29, 2009
com: Zambia: AfDB Loan Explained (Page 1 of 1) ... THE Government has said that it acquired a loan from the African Development Bank (AfDB) to support vulnerable families under the food crisis response programme for 2009 and 2010 after member countries of the financial institution made the request ... Mr Muteteka said this in response to a question by Chipili MP Davies Mwila (PF) who wanted to know why the Government entered into a memorandum of understanding (MoU) with the AfDB for the loan... (allAfrica.com)
Spio faces his critics Oct 28, 2009
Similarly, there are nationals from more than 70 countries at the African Development Bank ... In fact, in 1993, I was a management official of the African Development Bank in Abidjan, I was not involved in Ghanaian politics and Prof. (Ghana Web, Ghana)
AfDB Receives Africa Investor Award as Sponsor of the Year Oct 28, 2009
The African Development Bank (AfDB) has been awarded "Sponsor of the Year" Award by Africa Investor magazine, in South Africa. The award was given, 22 October 2009, in recognition of AfDB's support to Main One cable project, a fiber optic submarine cable to be implemented in West Africa ... In September 2009, the African Development Bank Group (AfDB) and Main One Cable Company signed a loan agreement of USD 61 million towards the development of a submarine fiber optic cable connection along the... (allAfrica.com)
Spio-Garbrah apologises to NDC ministers of state Oct 28, 2009
"Mind you I received this honorary degree when NDC was out of power and I was simply an ordinary Ghanaian citizen.I did not lobby for such a title." He directed the media to check from international and local institutions including the World Bank, African Development Bank and in the teaching, advertising and marketing, banking, diplomacy, governmental and international organisations where he had worked over the years whether or not he is a team player. Dr Spio-Garbrah called on NDC and the... (Ghana Web, Ghana)
Leveraging African Diaspora Efforts in Developing Their Countries-AfDB, France and IFAD Sign Agreement Establishing Migration and Development Fund Oct 26, 2009
Tunis The agreement was signed by the AfDB President, Donald Kaberuka; the French Immigration, Integration and Cooperative Development Minister, Eric Besson and IFAD's Director for West and Central Africa, Mohamed B;avogui. To be managed by the AfDB, the Fund has an initial capital of more than 6 million, and is open to contributions from other donors and institutions ... He paid tribute to the AfDB, adding in particular, that "for France, the AfDB is, through its identity, its legitimacy on the... (allAfrica.com)
Accord Portant Cration du Fonds Migration et Dveloppement appui aux efforts des diasporas africaines pour le dveloppement de leur pays d'origine Oct 26, 2009
"uvre efficace de cette initiative, la BAD envisage d'int;grer le r le potentiel des migrants et des diasporas dans ses programmes op;rationnels et les projets d'appui novateurs initi;s par les diasporas. Contacts Lotfi Madani African Development Bank ? 2009 African Development Bank. All rights reserved. Distributed by AllAfrica Global Media (). To contact the copyright holder directly for corrections or for permission to republish or make other authorized use of this material, . AllAfrica - All... (allAfrica.com)
AfDB Sign U.S.D59.5 Million Road Project Loan and Grant Agreements Oct 23, 2009
com: AfDB Sign U.S.D59. 5 Million Road Project Loan and Grant Agreements. (allAfrica.com)
Cairo to Host First AfDB / ILO Pan-African Forum on Women Entrepreneurship Development Oct 23, 2009
com: Cairo to Host First AfDB / ILO Pan-African Forum on Women Entrepreneurship Development ... Cairo to Host First AfDB / ILO Pan-African Forum on Women Entrepreneurship Development ... AfDB strongly believes in fostering women entrepreneurship as a tool for economic growth. (allAfrica.com)
AfDB and French Government Launch Multilateral Fund Oct 23, 2009
Tunis This signing ceremony confirms the commitment of AfDB and France, along with IFAD, in their joint effort to help migrants use their skills and resources for African development ... Administered and managed by AfDB, this Fund is open to all donors ... These plans came from the conclusions and recommendations of a study, undertaken by AfDB and financed by France, which were presented in Paris in January 2008. (allAfrica.com)
Remittances Hold Immense Untapped Potential for the Poor Oct 22, 2009
"Sending Money Home to Africa" will be presented at the Global Forum on Remittances 2009, organized by IFAD and the African Development Bank (AfDB) in Tunis, Tunisia, on 22-23 October 2009 ... With nearly 3,300 projects funded in Africa during 5 decades, representing some USD 60 billion, the African Development Bank is the center of reference on economic and social development issues in Africa ... African Development Bank. (allAfrica.com)
AfDB Joins Forces With Other Donors to Strengthen Oversight Institutions Oct 22, 2009
"Support to budget oversight systems and audit institutions is a central thrust of the Bank governance strategy" said Carlos Santiso, AfDB Manager of the Governance Division, and "this global partnership will provide an international platform and forum for greater harmonization of efforts to strengthen them". Supreme audit institutions are key pillars of integrity in the fight against corruption and waste. (allAfrica.com)
East Africa: Why Internet Costs Remain High Despite Seacom Oct 20, 2009
In a press release last week, the Deputy Secretary General of the EAC in charge of Infrastructure and Planning, Mr Alloys Mutabingwa, said the block and key partners like the International Telecommunication Union, the African Development Bank, the World Bank and the EU, are collaborating in putting in place modalities that would lead to interconnecting capitals and major African cities with ICT broadband infrastructure and strengthen connectivity to the rest of the world by 2012. Many companies... (allAfrica.com)
ADF11 Midterm Review-Helsinki Meeting Oct 20, 2009
ADF is the African Development Bank (AfDB) Group's concessional window ... African Development Bank ... 2009 African Development Bank. (allAfrica.com)
Former Tyco chiefs jailed for $150m corporate theft Oct 19, 2009
african development bank. tunis, tunisia. (Yahoo News -- Tyco)
Afdb Joins International Community in World Food Day Celebration Oct 17, 2009
The critical role of regional financial institutions, including the AfDB is, therefore, imperative ... The AfDB strongly supports the need to invest in the continent's agricultural sector ... Funding for agriculture has always been one of the key strategic priorities of the AfDB. Since its establishment in 1964, the Bank has provided over 3,000 agricultural loans and grants to its Regional Member Countries amounting to US$ 62 billion. (allAfrica.com)
Afdb President Goes Nordic for Top-Level Talks Oct 17, 2009
Tunis, 16 October 2009 - Donald Kaberuka, President of the African Development Bank (AfDB), will next week visit Helsinki for talks with political, economic and business leaders, and go on to Stockholm to take part in the 4th session of the European Development Days ... In disclosing AfDB's latest forecasts this week, its Group Chief Economist, Louis Kasekende, said: "In 2009, we are forecasting a growth rate of 2% for the continent, improving to 3.9% in 2010. To maintain growth on a higher... (allAfrica.com)
"Government is committed to judicious use of resources"- Dr Dufuor Oct 17, 2009
The MDBS, which began in Ghana in 2003, has 11 development partners including the African Development Bank, the European Commission, France, Germany, Netherlands, Switzerland, Japan, United Kingdom (UK), Canada, Denmark and the World Bank. The sustenance of the MDBS is dependant on the maintenance of a set of underlying principles including continuing peace and respect for human rights, integrity in public life and accountability of the government to the citizenry by a beneficiary country. (Ghana Web, Ghana)
Africa: Time for Home Grown Policies to Transform African Agriculture [column] Oct 16, 2009
To drive the new African Consensus, AGRA will work closely with NEPAD, Economic Commission for Africa and the African Development Bank, Regional Economic Communities, and national and regional policy networks. Our goal is not to produce papers that collect dust on shelves. (allAfrica.com)
Africa: AGRA Launches Initiative to Empower Governments Oct 16, 2009
Organizations such as the Economic Commission for Africa, African Development Bank, Africa Union-NEPAD, Regional Economic Communities, the African Economic Research Consortium and the International Food Policy Research Institute will be key partners in the policy initiative. "We will coordinate with these and other organizations to accelerate comprehensive policies and investments for rapid agricultural growth. Millions of African farmers can no longer wait," Ngongi said. (allAfrica.com)
Celebrating Success in African Banking At the African Business Awards Oct 15, 2009
Private Sector Operations Director, Tim Turner, on behalf of the AfDB President, gave the welcome remarks at the opening ceremony of the awards. Vice President and Chief Operating Officer Nkosana Moyo received the Award for Best Development Bank of the Year on behalf of the Bank from Mr. Andrew Alli, CEO, Africa Finance Corporation (AFC). (allAfrica.com)
Somebody in Congress needs to look into this Oct 14, 2009
5 million waiting for me at the African Development Bank and Central Bank of Nigeria. Something about this being anti- terrorist money that I have coming to me. (New York Post -- News)
Prof. Maathai Set to Deliver Lecture on "Natural Resource Management and Poverty Reduction - Strengthening the Links" Oct 14, 2009
At the instance of the AfDB President, Nobel Laureate, Wangari Maathai, has accepted to deliver a lecture on the theme: "Natural Resource Management and Poverty Reduction: Strengthening the Links." The theme of the lecture, which has been scheduled to take place on October 27, 2009, in Tunis, Tunisia, has been motivated by the need to deepen current understanding of how good practice in the use of natural resources can promote accelerated poverty alleviation, environmental sustainability and... (allAfrica.com)
AfDB Chief Economist Says Continent's Outlook is Improving Oct 14, 2009
The African Development Bank (AfDB) Group Chief Economist, Louis Kasekende, has said that the continent's economic outlook is improving just as the countries of the western Hemisphere and Asia are showing signs of economic recovery. Mr. Kasekende expressed optimism as to the continent's economic prospects while speaking in an interview with the AfDB Web team ahead of the institution's African Economic Conference (AEC) which is an annual event that brings together researchers and policy-makers... (allAfrica.com)
AfDB Officials Attend Amcow East Africa Sub-Region Meeting Oct 14, 2009
Mr. Ngangoue expressed his gratitude to the AfDB for the leading role it has played in coordinating AMCOW's management efforts as they relate to accelerating water security and financing water infrastructure. Representing the Bank, water expert Eloi Yao highlighted AfDB commitments in the water sector by adopting a strategy of significantly increasing its interventions in rural water supply and sanitation in 2003 while continuing to support urban and semi-urban water supply and sanitation and... (allAfrica.com)
RE Spio Garbrah; Where Feigned Loyalty Means What? Oct 12, 2009
He was Head of Communications at the seventy-seven member-nation African Development Bank, where he directed the $33 billion banks global corporate and marketing communications. He provided investment, export and tourism promotion counsel to the government of Indonesia, Nederland, Hong Kong and Austria He provided financial relations advice to the Government of Hong Kong, Credit Agricole of France and UBAF-Arab American Bank Provided energy sector intelligence to OPEC. If... (Ghana Web, Ghana)
AfDB - Ongoing Review of the Independent Review Mechanism Oct 9, 2009
The AfDB's Independent Review Mechanism (IRM) has been effective since mid-2006. The purpose of the IRM is to respond to complaints by people and communities who allege they are or likely to be adversely affected by projects financed by the AfDB because of non-compliance with the Bank's policies and procedures ... Since becoming operational, AfDB has received and registered four complaints - two for independent compliance review and two cases are currently undergoing problem solving. (allAfrica.com)
AfDB Holds Meeting With Governors Oct 8, 2009
On the sidelines of the World Bank Annual Meetings taking place in Istanbul, Turkey, the AfDB held a luncheon with governors of its regional member countries where they focused on results of the G-20 Summit in Pittsburgh and the quest for new resources for the Bank Group ... The AfDB's objective is to support the most vulnerable African countries ... The Ivorian Economy Minister and Board of Governors Chair, Antoine Bouabr;, called for a mobilization of AfDB regional governors for a general... (allAfrica.com)
Friends of Spio-Garbrah defend Spio Oct 7, 2009
We must remind Ghanaians that in 1993, Uncle Spio was an employee of the African Development Bank, based in Abidjan, and NOT a member of the NDC government at the time, while Prof Mills was IRS Commissioner. Spio became Chairman of the NDC Publicity Committee in the 1996 elections, and therefore could not have started any negative comments against Prof Mills since 1993. (Ghana Web, Ghana)
Japan and AfDB Commit U.S.D 1 Million Technical Assistance Grant for SME Capacity Building in Africa Oct 7, 2009
The ATMS project is an ongoing unique collaboration between the African Development Bank (AfDB), the International Finance Corporation (IFC), and the United Nations Development Programme (UNDP), each with a specific role in the project. The ATMS Project is structured as a UNDP Regional Project, while the IFC acts as the Executing Agency and AfDB as the Regional Cooperating Agency, supported by the African governments ... The Fund for African Private Sector Assistance (FAPA) is a component of the... (allAfrica.com)
Nigeria: Govt Denies Plan to Nationalize Ailing Banks Oct 6, 2009
"We have a core team of the Chief Economic Adviser, the CBN Governor and the Minister of Finance and the Minister of National Planning, who are looking at these issues on an ongoing basis. "We have full consensus in terms of the measures to be taken and we have been giving assurances that the implementation of these measures would be supported fully and promptly, " he added. On giving Africa more voice in the operations of the IMF and the World Bank, Muhtar said Africa was given an opportunity... (allAfrica.com)
Uganda: Goverment to Borrow Sh100 Billion for Sanitation Oct 5, 2009
The funds from the African Development Bank will be used to extend the sewerage network to serve at least 15% of the city population from the current 7. 5%, according to the committee on national economy. (allAfrica.com)
Africa's debt levels not a concern- IMF official Oct 4, 2009
4 billion) in arrears to creditors, including the IMF, World Bank and African Development Bank. IMF and World Bank lending to Zimbabwe would signal an endorsement of the government's policies and send a message of confidence to the international community, including investors and donors. (Business Report, South Africa)
Addis Ababa to Host 2009 African Economic Conference Oct 2, 2009
TSome 500 policy-makers, academics, key private sector players and representatives of non-governmental organizations are expected to attend the 4th African Economic Conference that is jointly organized by the African Development Bank (AfDB) Group and the Economic Commission for Africa (ECA) from November 11-13, 2009, in Addis Ababa, Ethiopia ... African Development Bank ... 2009 African Development Bank. (allAfrica.com)
Signing Ceremony Between AfDB and Main One Cable Company a Senior Loan of USD 61 Million to Finance the Main One Project Oct 1, 2009
Ms. Funke Opeke, CEO of Main One Cable Company, indicated that "the Main One Cable system will ensure that broadband communications in West Africa is accessible and affordable. She added that 'the investment by the AfDB in financing this enhanced access to ICT is an investment in the region's economic growth.". The Main One project aligns closely with the Bank's infrastructure orientation and private sector development strategy, and the ICT Strategy for 2008-2010 in particular. (allAfrica.com)
AfDB Vice President of Finance Hails Canada's Decision to Increase Callable Capital Sep 30, 2009
The African Development Bank (AfDB) Vice President, Finance, Thierry de Longuemar, has hailed Canada's decision to temporarily make available US$2 ... 8 billion, to the AfDB to enable it address the impact of the global financial crisis on African economies ... Speaking in an audio interview (in French) held on September 28, 2009, Mr. de Longuemar said "Canada's announcement of its support to our institution through the tripling of its callable capital is a major event, which I hope, will lead... (allAfrica.com)
U.S.$ 190 Million From the AfDB to Link Up Congo and Cameroon Sep 30, 2009
Leading the implementation of NEPAD's infrastructure and regional integration programmes, the AfDB Group dedicates up to 60% of its operations to infrastructure. Contacts. (allAfrica.com)
Board Approves U.S.$ 125.6 Million Loan for Road Project Sep 30, 2009
African Development Bank. 2009 African Development Bank. (allAfrica.com)
