Tag: Africa Banking

For Lovelin Chapfika, the excitement of purchasing a house in a residential area outside the Zimbabwean capital quickly turned to disappointment when she discovered her new neighbourhood experienced frequent sewage blockages and overflows. Living in Chitungwiza Unit C extension, about 25 km south of Harare, has not been easy for the mother of three and her family since they arrived… Read More

Abdoulaye Maiga a accueilli avec enthousiasme la signature en 2015 de l’Accord de paix d’Alger entre l’État malien et les groupes armés du Nord. Sa commune, Ansongo, dans le nord du Mali, fait partie des plus touchées par la crise qui a éclaté en 2012. L’aboutissement des pourparlers inter-maliens a ouvert, pour des centaines de milliers d’habitants de la région,… Read More

Le Conseil d’administration de la Banque africaine de développement a approuvé, le 4 février dernier à Abidjan, un don de près de 7 millions de dollars américains à la Commission africaine de l’aviation civile (CAFAC) pour la mise en œuvre du Marché unique du transport aérien africain (MUTAA). Avec cet appui de 6,85 millions de dollars américains (5 millions d’Unités… Read More

Le Conseil d’administration de la Banque africaine de développement a approuvé, le 15 janvier dernier, un financement additionnel de 3,22 millions de dollars américains en faveur du projet d’exploitation géothermique dans la région du lac Assal de Djibouti. Ce financement s’ajoute aux 6,83 millions de dollars et 14,68 millions de dollars américains antérieurs approuvés par le Conseil d’administration de la… Read More

The Federal Republic of Somalia (FGS) revenue mobilization strategy received a boost with a UA 5.5 million grant from the African Development Bank. The strategy aims to ramp up revenue collection through enhanced tax revenue and a more efficient collection system.  The grant, through the Bank’s Economic and Financial Governance Institutional Support Project (EFGISP) phase 2, offers support for Somalia’s… Read More

The Making Finance Work for Africa (MFW4A) partnership, a unique platform for African financial sector development research, advocacy, knowledge management and networking, has launched a special webinar series on the impact of the COVID-19 crisis on African economies and the financial sector. The series offers a platform to discuss concerted actions to mitigate the impact of the pandemic on African… Read More

The African Development Bank is ready to be a partner in coordinated international responses to the COVID-19 pandemic, and can offer expertise on the ground in Africa, an emerging and critical battleground in defeating the worldwide crisis. This was the top line message Acting Senior Vice President Bajabulile Swazi Tshabalala delivered during a United Nations Global Compact virtual panel titled… Read More

An African Development Bank-financed and supervised water and sanitation project, now helping to curb the spread of COVID-19 in Malawi, has won the prestigious Prince Talal International Prize for Human Development. The Integrated Urban Water and Sanitation Project for Mzimba Town project, co-financed by the OPEC Fund for International Development and the Malawian Government, won the award in the ‘governments… Read More

The Republic of Ireland has become the African Development Bank Group’s 81st shareholder, following a declaration issued by the institution’s President, Akinwumi Adesina, on 24 April 2020.  Ireland’s application to join the African Development Bank Group was approved during the Annual meetings of the Board of Governors of the Bank Group held in Malabo, Equatorial Guinea, in June 2019. In… Read More

Bright sunshine has replaced the rosy light of dawn. But Abel Gaber has no time to admire the view of Cairo on this spring morning. Now in his fifties, the agronomic engineer is too busy supervising his employees on his 130-hectare farm. His is an unusual – and experimental – farm in the Egyptian landscape, in the governorate of Al… Read More