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African Development Bank to Hold Civil Society Consultation Forum in Tunis
The African Development Bank (AfDB) is to hold a Civil Society Consultation Forum on March 1, 2010 in Tunis to step up consultations with Non-Governmental Organizations (NGOs) and Civil Society Organizations (CSOs) which have played a role in the development...
African Development Bank Regional Governors Endorse 200% Capital Increase
The meeting of the regional governors of the African Development Bank (AfDB) has unanimously endorsed a general capital increase for the bank. According to a statement issued by the AfDB on Saturday, the communiqué issued at the end of the meeting said...
World Bank President to Tour Three African Countries
The World Bank President, Robert B. Zoellick, will tour three African countries from Tuesday that include Sierra Leone, Cote d’Ivoire and Ethiopia, where he intends to take part in the African Union summit scheduled to be held in Addis Ababa. On this...
African Development Bank Loans South Africa €1.8 Billion to Tackle Energy Crisis
The African Development Bank (AfDB) has approved a €1.86 billion loan for South Africa’s energy utility company, Eskom Holdings Limited, to finance Medupi power project that will significantly boost the energy capacity of the country and the southern...
Canadian Prime Minister Stephen Harper Announces $2.6b Funding for the African Development Bank
Canadian Prime Minister Stephen Harper has announced the decision to temporarily make available $2.6 billion to the African Development Bank (AfDB) Group to enable the institution address the challenges resulting from the impact of the international financial...
African Development Bank Approves $1.5bn Support Loan for Botswana
The African Development Bank (AfDB) has approved a $1.5b loan for Botswana, one of the best managed economies in Africa. According to a statement by the AfDB, the loan falls within the framework of the recently approved strategy by the bank to provide...
