he African Development Bank Group and the French Development Agency (AFD) have signed a co-financing and partnership agreement to strengthen their relationship and mobilize additional resources for high impact projects in Africa. The five-year agreement (2021-2026) provides for an indicative €2 billion in co-financing for the first three years.The existing...

The African Development Bank (www.AfDB.org) and the West African Development Bank (BOAD) signed on 1 March a memorandum of understanding defining a strategic partnership framework for co-financing the preparation of regional infrastructure projects in public-private partnership (PPP) in Africa, involving at least one WAEMU member state....

The African Development Bank's just-released annual report on African Economic Outlook, entitled “From Debt Resolution to Growth: The Road Ahead for Africa”, delivers a series of recommendations to pull the continent out of the economic crisis brought on by COVID-19.      By Talel de Sinta, Tunis   First, the...

The African Development Bank (AfDB) announced on 18 March the appointment of Tunisian Achraf Tarsim as the designated Country Office Manager for Morocco. Tarsim, who joined the Bank in 2009 in the Governance and Economic and Financial Reforms Department, was, prior to this new appointment, the Regional Sector Head for...

Morocco's real gross domestic product (GDP) growth should rebound to 4.5% in 2021, according to the African Development Bank (AfDB). "Real GDP growth is expected to rebound to 4.5% in 2021 as the economy recovers from a major recession and agriculture returns to good growth," the AfDB said in its...

The Board of Directors of the African Development Bank (AfDB) approved on 9 March 2021 in Abidjan, a grant of US$ 150,000 (CFAF 82,000,000) for the care of internally displaced persons (IDPs) in Bamako....

During a training and reinforcement session organized by videoconference from January 20 to 21, African Development Bank (AfDB) provided to 5 Caisses de Dépôts et Consignations of West African franc zone as well as those of Gabon and Tunisia, the necessary tools to better manage public savings and investments....

The African Development Bank (AfDB) and the European Investment Bank (EIB) have just signed a joint partnership action plan highlighting their enhanced cooperation and mutual development priorities in order to stimulate investment in the public and private in Africa. The two institutions will develop a common portfolio of bankable projects....

The "Desert to Power" initiative has just received a grant of 5 million dollars from the Sustainable Energy Fund for Africa (Sefa), managed by the African Development Bank (AfDB). The money will be used to finance feasibility studies for renewable energy projects developed in the G5 Sahel countries, according to...

"The work carried out between 2012 and 2020 on the third phase of the Road Development Project (Mugina-Mabanda-Nyanzalac in Burundi and Rubavu-Gisiza in Rwanda) and the facilitation of transport on the North-South Corridor stimulated trade between Burundi, Rwanda and Tanzania, ”says the African Development Bank in a recent report....