IMF Staff Completes Discussions for the Fifth Review under the Extended Credit Facility Arrangement for The Gambia

IMF Reaches Staff-Level Agreement with Costa Rica on a Resilience and Sustainability Facility (RSF) and the Third Review under the Extended Fund Facility (EFF)

ONGOING EVALUATION. IED will conduct an Evidence and Gap Map (EGM) exercise to establish the range of development knowledge available on interventions that support global and regional value chains (GVCs) and to characterize ADB’s support through its strategies and investments. The EGM will highlight gaps in the evidence base and show where evidence is more abundant. An ADB GVC portfolio overlay will be attempted to identify overlaps in ongoing support when compared to available evidence.

The European Investment Bank (EIB) and the five biggest European national promotional banks met to discuss the progress of existing joint initiatives, such as the Joint Initiative on Circular Economy (JICE), Quick Response — Care for Ukrainian Refugees in Europe, and Fund Marguerite. KfW CEO Stefan Wintels hosted EIB President Werner Hoyer and the other CEOs at the German promotional bank’s Berlin building.

On Monday 3 October, Czech Minister of Finance Zbyněk Stanjura and Minister of Transport Martin Kupka visited the European Investment Bank (EIB) for a formal meeting with Vice-President Kris Peeters and the EIB’s Central and South-eastern Europe lending team. The visit of the two ministers with their delegations comes as the Czech Republic holds the Presidency of the Council of the European Union and coordinates the work of the 27 EU Member States.

Amid rising urgency for  instruments to de-risk investment across Africa, the Africa Co-Guarantee Platform’s (CGP) six partners have affirmed commitments to better leverage guarantee and insurance products, resulting in more trade and investment across Africa. 

Matilde Thue, the Chairperson of the Norwegian-African Business Association,
Norway’s Minister of Foreign Affairs, Annikken Huitfeldt,
Norway’s Minister of International Development, Anne Beth Tvinneriem,
Chief Executive Officer of NORAD,
Ladies and gentlemen,
Good morning!

The African Development Bank had several productive engagements around its strategic priorities at the just concluded 77th United Nations General Assembly (UNGA) meetings in New York.
Meeting highlights included an urgent call for increased financing to mitigate the effects of climate change and food insecurity.

Your Excellency, Muhammadu Buhari, President of the Federal Republic of Nigeria.
Excellencies, Heads of State and Government.
Global business leaders and investors.
Distinguished ladies and gentlemen.