| Evaluation Cooperation Group

EU Commissioner Olivér Várhelyi visits EU-funded Vlora bypass in Albania

European Commissioner for Neighbourhood and Enlargement Olivér Várhelyi and the Prime Minister of Albania Edi Rama today visited the Vlora bypass. The project was funded by a €20 million grant from the European Union, and €18 million each from the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD). The 29-kilometre road segment will shorten travel times to the Albanian Riviera, increase road safety, facilitate trade, promote regional and national growth.

Speech delivered by Dr. Akinwumi A. Adesina President, African Development Bank Group - US-Africa Business Summit, Marrakech Morocco, July 20, 2022

Your Majesty King Mohamed VI (May God Help and Bless Him),
Your Excellency President Mokgweetsi Masisi of Botswana,
Your Excellency, Kamala Harris, Vice President of the United States of America—thank you for joining us by video,
Your Excellency Nasser Bourita, Minister of Foreign Affairs of the Kingdom of Morocco,
Your Excellencies, Honourable ministers, ladies, and gentlemen,

Africa50 general shareholders meeting in Morocco call for global investments in African infrastructure

African Development Bank Group President and Chairman of the Africa50 Board of Directors, Dr. Akinwumi Adesina has highlighted the crucial role that Africa50 is playing to help bridge Africa’s infrastructure financing gap.
Adesina was speaking at the opening session of Africa50’s general shareholders meeting in Marrakech on Tuesday. He told delegates that Africa50 had invested $5 billion in 16 private-sector focused investments in six years.

Dong He on Central Bank Digital Currencies

Germany Faces Weaker Growth Amid Energy Concerns

At the start of the year, the German economy was showing signs of overcoming the problems that had capped growth in 2021. Supply bottlenecks that had hampered manufacturing were easing and services were opening up again as the country emerged from a severe winter wave of the Delta variant.

EIB Vice-President Peeters: Private investments in sustainable infrastructure crucial for meeting the goals of Paris Agreement

D20 Long-term Investors Club (D20-LTIC) and EIB continue cooperation on leveraging private sector participation in sustainable infrastructure investment

South Africa, how the Tembisa taxi association works hand in hand with SA Taxi with the support from the African Development Bank

SA Taxi helps the transport system in South Africa, a company supported by the African Development Bank

South Africa, a woman taxi owner expands her business with SA Taxi and the African Development Bank’s support

The African Development Bank is supporting improvements to the power grid in the Comoros

The Comoros Energy Sector Support Project has helped improve the country’s power grid.
Approved in 2013, the project aims to respond to a twofold challenge in the energy sector in the Comoros. At the time, electricity access was around 50% of the population, and unevenly split between the three islands (10% in Moheli, 50% in Anjouan and 60% in Grande Comore).