African Development Bank pre-Annual Meetings press conference
What: Pre-Annual Meetings Press Conference
Who: The African Development Bank Group
When: Wednesday, 20 April 2022, 14.00-15:00 GMT
Where: Virtual - Registration
African Development Bank Group to launch new trust fund for the circular economy
The Board of Directors of the African Development Bank has approved the establishment of a €4 million Africa Circular Economy Facility to drive integration of the circular economy into African efforts to achieve nationally defined contribution (NDC) targets.
Au Burkina une ligne de crédit renforce l’impact social d’entreprises privées dans l’hôtellerie et la restauration, le transport et divers secteurs
En 2016, le Groupe de la Banque africaine de développement a approuvé une ligne de crédit de 38 millions d’euros à Coris Banque internationale au Burkina Faso. Cette démarche d’appui au secteur privé a bénéficié à des porteurs de projets aboutissant à la création de milliers d’emplois.
UN report: 41 Countries in Africa face maximum exposure in ‘three-dimensional crisis’ as a result of war in Ukraine
A United Nations report has found that more than 70% of Africa’s economies are at severe risk from Russia’s war in Ukraine. The African Development Bank is one of several international organizations, including UN specialized agencies and development lenders that are considering a plan to boost food production in Africa and avert a heavy toll on the African continent.
Cambodia: Water Resources Management Sector Development Program
The sector development program (SDP) aimed to address this situation through a double-pronged effort: (i) a policy-based program to strengthen countrywide water resources management, and (ii) an investment project aimed at upgrading the irrigation facilities in 15,000 hectares (ha) of irrigated paddy land. The program’s expected impact was enhanced food security. The program’s targeted outcome was improved management of water resources in Cambodia and more efficient and sustainable irrigation systems in the proposed project area.
Cambodia: Medium-Voltage Sub-Transmission Expansion Sector Project and Additional Financing
The project's envisaged impact was broader access to grid electricity in Cambodia. The targeted project outcome was greater supply of reliable and cost-effective grid electricity in Banteay Meanchey, Kampong Thom, Kampong Cham, Kandal, and Siem Reap provinces.
This report validates the completion report's assessment of the program. IED overall assessment: Successful.
People’s Republic of China: Strengthening the Role of E-Commerce in Poverty Reduction in Southwestern Mountainous Areas in Chongqing
The technical assistance (TA) aimed to reduce poverty in the rural and mountainous areas of Chongqing by expanding access to markets for agricultural products through strengthened e-commerce. Specifically, the TA would develop e-commerce business models, provide recommendations to improve the legal and policy framework for applying e-commerce, and conduct institutional strengthening and capacity building activities.
This report validates the completion report's assessment of the TA. IED overall assessment is successful.
Bhutan: Enhancing Competitiveness of High-Value Agriculture and Artisan Products Value Chains
The technical assistance (TA) project aimed to create a broader and diversified economic and export base in Bhutan by (i) improving business skills capacity in selected high-value agriculture (HVA) and artisan micro, small, and medium-sized enterprise (MSME) clusters; (ii) upgrading the production, value-adding, and marketing capacity of selected MSME clusters; and (iii) strengthening the value chains from production to end markets.
This report validates the completion report's assessment of the TA. IED overall assessment is highly successful.