Tag Archives: African Development Bank
After years of overlooking the real needs of the Somali people, it is significant change longed-for that Somalia’s statebuiling featured in the strategic agenda of the key actors of the International Community (IC), namely the G8 powers[1] in their ministerial … read more »
Posted in Article, Columnist, East Africa, Mohamud M Uluso, Op-ed, Somali
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Tagged African Development Bank, Indepth Africa Magazine, International Financial Institutions, International Monetary Fund, Somali, Somali people, Somali Shilling, Somalia
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TUNIS, Tunisia, — The Sustainable Energy Fund for Africa (SEFA) and its partners has launched a business plan competition called the West Africa Forum for Clean Energy Financing (WAFCEF/the Forum) to identify promising regional entrepreneurs and unlock renewable energy and … read more »
what does it hold? A lot of issues have been raised on the rise of the middle class in Africa and the change that these classes of people can actually cause towards the economic growth and transformation in Africa. Many … read more »
Posted in Article, Cape Verde, Congo, DR Congo, Eritrea, Ethiopia, Ghana, Kenya, Liberia, Libya, Mali, Nigeria, Sierra Leone, Somali, South Africa, South Sudan, Sudan, Togo, Zimbabwe
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Tagged Abhijit Banerjee, African Development Bank, African people, Economic growth, economics, Esther Duflo, Indepth Africa Magazine, IndepthAfrica, Middle class
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By Matthew Newsome, The Guardian Ethiopia, like its fellow Great Rift Valley countries, has enormous geothermal energy potential. However, the costs involved and the need for skilled expertise have, until now, been major obstacles. In late January, the Development Bank … read more »
Posted in Article, Djibouti, East Africa, Eritrea, Ethiopia
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Tagged African Development Bank, Ethiopia, ethiopia addis ababa, ethiopia latest news, Ethiopian, ethiopian news, Ethiopians, Great Rift Valley, Indepth Africa Magazine, IndepthAfrica, Kenya, latest ethiopian news, Menengai, news ethiopia, World Bank
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By Perry Munzwembiri, zimeye.org One key characteristic of developing nations is that a large proportion of the population is comprised of the youth. The African Development Bank notes that Africa has the fastest growing and most youthful population in the … read more »
Posted in Article, Southern Africa, Zimbabwe
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Tagged African Development Bank, Business, Employment, Indepth Africa Magazine, IndepthAfrica, International Labour Organization, Unemployment, United Nations, Zimbabwe
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BusinessDay Like the African Development Bank, Abhijit Banerjee and Esther Duflo, two economists known for their work with the poor, define the middle class as households whose daily per capita expenditures valued at purchasing power parity are between $2 and … read more »
Posted in Article, Nigeria, West Africa
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Tagged Abhijit Banerjee, African Development Bank, bokoharam, Consolidated Breweries, Employment, Esther Duflo, GoodluckJonathan, IndepthAfrica, Nigeria, Nigeria news, Nigerian news
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As the Common Market for Eastern and Southern Africa (COMESA) region continues to struggle with multiple trade tax structures and overlapping membership, the African Development Bank (AfDB) has called for uniform fiscal and macro-economic policies in the 19 states of … read more »
Posted in Burundi, Comoros, Djibouti, East Africa, Ethiopia, Kenya, Madagascar, Malawi, Mauritius, Rwanda, Seychelles, Somali, South Sudan, Sudan, Tanzania, Uganda
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Tagged AfDB, African Development Bank, Comesa, Common Market for Eastern and Southern Africa, Customs Union, Donald Kaberuka, Harare, Indepth Africa Magazine, IndepthAfrica, PTA Bank
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By Eric Kabeera, A new report by African Development Bank has proposed the establishment of a single currency in the Common Market for East and Southern Africa (Comesa) member countries, a move that is seen as a stepping stone in … read more »
Posted in Burundi, Comoros, Djibouti, East Africa, Eritrea, Ethiopia, Kenya, Madagascar, Malawi, Mauritius, Rwanda, Seychelles, Somali, South Sudan, Sudan, Tanzania, Uganda
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Tagged African Development Bank, Donald Kaberuka, EAC, ethiopian latest news, Ethiopians, Indepth Africa Magazine, IndepthAfrica, Kaberuka, KIGALI, latest ethiopian news, Regional Economic Communities, Rwanda
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PRESS RELEASE Meeting of the Heads of the African Union Commission, the Economic Commission for Africa and the African Development Bank Group ADDIS ABABA, Ethiopia, January 13, 2013/ – Meeting of the Heads of the African Union Commission, … read more »
Posted in East Africa, Eritrea, Ethiopia, Nigeria, Press Releases
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Tagged Addis Ababa, africa union, African Development Bank, African Union, African Union Commission, Economic Commission for Africa, Ethiopia, Ethiopia news, ethiopian news, Indepth Africa Magazine, Pan-Africanism, Regional Economic Communities
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The African Development Bank (AfDB) has approved a loan agreement of US$115 million to finance the construction of a cross-border electricity transmission link between Ethiopia and Kenya. The US$1.26 billion Ethiopia-Kenya power line project is a 1,068 km high-voltage transmission … read more »
Posted in Djibouti, East Africa, Eritrea, Ethiopia, Kenya
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Tagged African Development Bank, Burundi, Democratic Republic of Congo, East Africa, EEPCO F.C., Ethiopia, Ethiopia news, ethiopian news, Indepth Africa Magazine, IndepthAfrica, Kenya
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By Seifulaziz Milas, analysis In Somalia, the radical Islamist militia, Al-Shabab, that has terrorized much of the country over the past five years, appears to be on the run. They have been forced out of the capital, Mogadishu, and all … read more »
Posted in Analysis, Article, East Africa, Ethiopia, Kenya, Somali
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Tagged African Development Bank, African Union Mission to Somalia, Al-Shabaab, Ethiopia, Ethiopia news, Horn of Africa, IndepthAfrica, Kenya, Mogadishu, somali news, Somalia, Somalia News
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November 8, 2012 by benim
By Desné Masie There’s been a lot of talk these past few months about Africa Rising, for whom and what for. But it’s kind of difficult for the average person to look beyond the sentiment and “promising statistics” to put … read more »
Ethiopia is growing fast, but its mobile and electronic payments infrastructure is weak. Is it time for a more liberal approach to foreign investment? Ethiopia appears to be doing something right. One of the world’s five fastest growing economies in … read more »
Posted in Article, Business, Ethiopia
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Tagged Addis Ababa, African Development Bank, Ethiopia, Ethiopian Telecommunication Corporation, Foreign direct investment, France Télécom, Indepth Africa Magazine, IndepthAfrica, Middle East
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Dele Fatunla Back in the 1990s, before everyone had two mobile phones and Skype was still a distant dream, if you were an African living elsewhere, with a need to call home, you either made frequent visits to a local … read more »
The African Development Bank (AfDB) Group (http://www.afdb.org) is organizing a High Level Policy Dialogue Seminar on Youth Employment in Africa in Lusaka, Zambia, which will focus on the challenges and opportunities faced by the following countries in the Southern Africa … read more »
Posted in News, Press Releases
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Tagged afria travel, Africa news, africa news today, African Development Bank, African news, African Press Organization, African Union, bank, BBC Africa, bbc africa news, East Africa, Indepth Africa Magazine, IndepthAfrica, india south africa, International Labour Organization, latest africa news, LUSAKA, map africa, map of africa, news, news 24, news in africa, North Africa, South Africa, south african news, travel to africa, West Africa, Zambia
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By Desné Masie The 2008 Financial crisis and the attendant Eurozone crisis are reshaping the future of global finance. But what are the implications of this for Africans? Why have financial institutions rushed to the aid of Greece, yet African … read more »
Posted in Article, East Africa, Malawi, News
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Tagged Africa news, African Development Bank, African news, African people, Eurozone, Greece, Indepth Africa Magazine, IndepthAfrica, International Monetary Fund, Late-2000s financial crisis, Malawi
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STATE DEPARTMENT – As host of this week’s summit of the world’s Group of Eight leading industrial nations (G8), President Barack Obama has put African food security on the agenda. Food security remains a recurring problem across Africa, despite hundreds … read more »
Posted in Daily News Wrap, News
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Tagged ActionAid, Africa Countries, africa facts, africa for kids, africa karl wolf, africa lyrics, africa song, africa toto, African Development Bank, african food, Barack Obama, Chicago Council on Global Affairs, G8, Indepth Africa Magazine, IndepthAfrica, John Atta Mills, Johnnie Carson
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Smartphones are clearly the future of phones, and of mobile computing. Last year, an estimated 19% of all phones sold, or 472million, were smartphones. That is expected to double to 982million by 2015. Currently, most cellphones being sold are so-called … read more »
Posted in News, Sci/Technology
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Tagged afria travel, Africa news, africa news today, African Development Bank, African news, Android, BBC Africa, bbc africa news, BlackBerry, East Africa, Indepth Africa Magazine, IndepthAfrica, india south africa, iPhone, latest africa news, map africa, map of africa, news, news 24, news in africa, Nokia, North Africa, Samsung, South Africa, south african news, Stephen Elop, travel to africa, West Africa
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The United Nations Security Council said on Saturday it may impose sanctions on the leaders of Guinea-Bissau’s military coup, rejecting the junta’s planned two-year transition to democracy. Pressure has been mounting domestically and outside the tiny West African country for … read more »
Posted in Uncategorized
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Tagged afria travel, Africa news, African Development Bank, African news, Bissau, Carlos Gomes Júnior, Coup d'état, Guinea-Bissau, Indepth Africa Magazine, IndepthAfrica, Transitional National Council, United Nations Security Council, World Bank
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By Desné Masie The hegemony and legitimacy of both the World Bank and International Monetary Fund is too-often nonchalantly presumed. Not only has the World Bank failed poor countries, with structural adjustment and other genteel forms of developmental quackery, but … read more »
Posted in Article, News, Nigeria, West Africa
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Tagged Africa news, African Development Bank, African news, bank, Christine Lagarde, Indepth Africa Magazine, IndepthAfrica, International Monetary Fund, Ngozi Okonjo-Iweala, Okonjo-Iweala, World Bank
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n IMF staff team, led by Mr. Tsidi Tsikata, concluded a two-week visit to Malawi today to conduct discussions for the 2012 Article IV consultation.1 The mission paid a courtesy call on His Excellency President Bingu wa Mutharika, and held … read more »
Posted in Documents, Press Releases
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Tagged Africa news, African Development Bank, African news, Bingu wa Mutharika, IndepthAfrica, International Monetary Fund, Ken Lipenga, Malawi, Peter Mutharika, Reserve Bank of Malawi, World Bank
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Charles Abugre Increased financial transparency is critical to stem the illicit capital outflows that are crippling Africa. The past month, the spotlight has been on James Ibori, the governor of Nigeria’s Delta state from 1999 to 2007, who pleaded guilty … read more »
Posted in Article, Columnist, News, Pan African News
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Tagged ActionAid, africa african news, African Development Bank, African Union, Global Financial Integrity, Indepth Africa Magazine, indepthafrica africa news, James Ibori, United Nation, United Nations Millennium Campaign
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WASHINGTON, March 20, 2012/African Press Organization (APO)/ — Interview Cheryl Benton Deputy Assistant Secretary, Bureau of Public Affairs Michael Battle U.S. Ambassador to the African Union Steve McDonald, Africa Program Director, Woodrow Wilson International Center for Scholars Washington, DC March … read more »
Posted in African Union (AU), Documents, Press Releases
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Tagged Addis, Addis Ababa, africa african news, African Development Bank, African Union, DipNote, Indepth Africa Magazine, indepthafrica africa news, Romano Prodi, United States
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ABUJA, Nigeria — Nigeria’s president has asked lawmakers to approve a plan to borrow $7.9 billion for a pipeline project in the oil-rich nation. In a letter received Tuesday at the National Assembly, President Goodluck Jonathan asks the Senate president … read more »
Posted in Daily News Wrap, News, Nigeria, West Africa
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Tagged Abuja, African Development Bank, Exim Bank of China, Goodluck Jonathan, Indepth Africa, Indepth Africa Magazine, Indepth Africa Magazine, IndepthAfrica, Islamic Development Bank, Nigeria, OPEC
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As far back as March 14th 1956, the late Dr. J.B.Danquah, the so called “Doyen of Ghana Politics” and his brother Nana Ofori Atta II told a visiting parliamentary delegation to Kyebi that “Party Politics was an ALIEN POLITICAL FORM” … read more »
Posted in Article, Pan African News
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Tagged African Development Bank, Akyem Abuakwa, Burkina Faso, Ghana, Hosni Mubarak, Indepth Africa, Indepth Africa Magazine, Indepth Africa Magazine, IndepthAfrica, Kwame Nkrumah, NPP
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pt has asked for a $1 billion loan and it will lau Feng Shui Secrets Revealed. nch talks with government representatives to iron out the details. “The World Bank has received an official request from the Egyptian authorities to support … read more »
Posted in Business, Economy
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Tagged $3.2 billion, $500 million, African Development Bank, Egypt, Indepth Africa, Indepth Africa Magazine, IndepthAfrica, International Monetary Fund, Loan, Robert Zoellick, World Bank
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By Goodluck Ebele Jonathan We all appreciate the need for Africa to build a formidable mechanism for internal trade and economic resilience to protect the continent’s economies from external shocks. The Lagos Plan of Action, the Abuja Treaty, and the … read more »
Posted in Article, Nigeria, West Africa
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Tagged Addis Ababa, African Development Bank, African Union, China, Ethiopia, Indepth Africa, Indepth Africa Magazine, IndepthAfrica, Lagos Plan of Action, Regional Economic Communities
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Chad’s President Idriss Deby sacked two senior ministers after a joint-venture refinery deal with China National Petroleum went sour, according to a presidential decree announced over state radio late on Friday. The oil-producer nation last week said it suspended the … read more »
Posted in Central Africa, Chad, News
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Tagged African Development Bank, Chad, China, China National Petroleum Corporation, CNPC, Indepth Africa, Indepth Africa Magazine, IndepthAfrica, List of countries by oil production, Refinery
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Egyptian activists called for marches and rallies in central Cairo to protest military rule, two days after the country marked the anniversary of the revolt that ousted Hosni Mubarak. Protesters camped overnight in Tahrir Square, the focus of the mass … read more »
Posted in Egypt, Featured 1, News, North Africa
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Tagged African Development Bank, Cairo, Egypt, Hosni Mubarak, Indepth Africa, Indepth Africa Magazine, IndepthAfrica, Islamism, Muslim Brotherhood, tahrir square, World Bank
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November 21, 2011 by benim
Africa is leading the push for clean energy policy-making as climate change turns millions of its people into “food refugees”, the head of the U.N. Environment Programme (UNEP) Achim Steiner said. “On the African continent, there is sometimes more leadership … read more »
Posted in News
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Tagged Achim Steiner, African Development Bank, breaking news, Climate change, Durban, East Africa, European Union, Indepth Africa Magazine, IndepthAfrica, IndepthAfrica Magazine, IndepthNigeria, IndepthSouthAfrica, Kyoto Protocol, Nigeria, Nigeria news, North Africa, Pan African News, South Africa, Southern Africa, West Africa
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