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Topic: African Development Bank


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In the News (Mon 6 Oct 08)

  
  East African Development Bank - Wikipedia, the free encyclopedia
Originally established in 1967 under the Treaty for East African Cooperation, the bank was established under its own charter in 1980 following the breakup of the community in 1977.
A 72 percent stake in EADB is held by the governments of Kenya, Uganda and Tanzania, each with a 24.07% shareholding.
The bank's headquarters are on Nile Avenue in the Ugandan capital Kampala.
en.wikipedia.org /wiki/EADB   (146 words)

  
 African Development Bank
The African Development Bank ’s mandate as stipulated in Article 1 of the Agreement Establishing the Bank is to: "contribute to the economic development and social progress of its regional members - individually and jointly".
In the ADB group of countries, the challenge for the Bank is to find creative and innovative ways to assist these countries in their fight against poverty.
The Bank would improve the effectiveness of the TAF operations by casting sector studies within the framework of the Country Strategy Papers to ensure that studies are operationally relevant and demand-driven and continue to assist ADB countries in mobilising funds for their technical assistance programs.
www.eastwest.be /african_development_bank.html   (4726 words)

  
 Bank Information Center USA : African Development Bank   (Site not responding. Last check: 2007-09-17)
The African Development Bank was established in 1964 with a mandate to promote economic and social development in Africa.
The African Development Bank is considering the establishment of an accountability mechanism.
Bank staff is researching similar mechanisms at other Multilateral Development Banks, such as the World Bank Inspection Panel, to gain insight into how to design the most appropriate and effective structure for the African Development Bank.
www.bicusa.org /bicusa/issues/african_development_bank/index.php   (1526 words)

  
 Alibris: African Development Bank
The African Development Report is a comprehensive, yet concise, analysis of the state of the African economy, examining development policy issues, which affect the economic prospects of the continent.
The African Development Report 2004 is the sixteenth annual survey of economic and social progress in Africa.
The African Development Report 2005 is the seventeenth annual survey of economic and social progress in Africa.
www.alibris.com /search/books/author/African_Development_Bank   (489 words)

  
 InfoExport - The Canadian Trade Commissioner Service
However, the procurement policies and procedures used by the two banks are largely the same, the executing agencies of the Banks' projects in the borrowing countries throughout Africa are often the same and, thus, the strategic approach to pursuing procurement in these banks' projects are analogous.
Nonetheless, both banks are important sources of project finance for the region and companies should take an integrated approach to all IFI project opportunities in Africa by incorporating both institutions into their business development plans and strategies.
The African Development Bank Group uses an abstract currency for its accounting purposes known as the Unit of Account (UA) which is based on a gold measure.
www.infoexport.gc.ca /ie-en/DisplayDocument.jsp?did=396   (7908 words)

  
 African Development Bank - Wikipedia, the free encyclopedia
The African Development Bank (AfDB) is a development bank established in 1964 with the intention of promoting economic and social development in Africa.
On the Rocks The African Development Bank Struggles to Stay Afloat
This page was last modified 12:00, 11 March 2006.
en.wikipedia.org /wiki/African_Development_Bank   (100 words)

  
 MSN Encarta - Kenya
The Kenyan coast developed differently from the interior due to its exposure to the Indian Ocean sphere of exploration and trade.
This development was strongly influenced by contact with Arabs from the Persian Gulf, who traded, settled, and intermarried with the coastal Africans.
Black Africans were not allowed to vote and were denied representation in the council until the mid-1940s, when a small number of fls were nominated to the council.
encarta.msn.com /encyclopedia_761564507_9/Kenya.html   (1484 words)

  
 IFInet, Multilateral Development Banks, African Development Bank
The African Development Bank Group is a Multilateral Development Bank supported by 77 nations from Africa, North and South America, Europe, and Asia.
Bank procurement rules stipulate that all consulting service opportunities have to be advertised so that interested consultants are able to submit an expression of interest.
Whether meeting with Bank staff or with the executing agency, suppliers are encouraged to be well prepared for their meeting with specific topics to discuss.
www.infoexport.gc.ca /ifinet/ifi/afdb-e.htm   (1725 words)

  
 ATTAC France / Versions étrangères / English / African Development Bank and African Development Fun   (Site not responding. Last check: 2007-09-17)
These are important questions which are at the heart of the future of the African continent, not only from the perspective of the role of the African Development Bank and Fund, but also of the IMF, the World Bank, and other institutions and countries that lend and provide donor assistance in Africa.
They hear that the African Development Bank will be rescued from its morass by wealthy governments, but they aren't surprised to find that it operates as a mini-World Bank, imposing the same conditions for the same kind of projects.
Africans are not looking for handout, all they want is the chance and the support to enable them to succeed.
www.france.attac.org /a2847   (3234 words)

  
 African Development Bank (AfDB)   (Site not responding. Last check: 2007-09-17)
The African Development Bank Group is a development finance institution which includes the African Development Bank (ADB - also known as the AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF).
The aim of the ADB is to mobilise resources towards the economic and social progress of its regional member countries.
In country enterprises/companies who wish to submit a project to the ADB should complete a feasibility study and send it either directly to the ADB in Côte d'Ivoire or to the partner financial institution in the country concerned (contact ADB for addresses).
www.nenafund.co.uk /Wholeregion/ADB.htm   (363 words)

  
 The Multilateral Development Banks - The African Development Bank
The Bank was created in 1963 by 33 African nations on the basis of self-reliance, with no nonregional members.
Meanwhile, however, the Bank's paid-in capital hardly increased during the 1970s, and nonregionals were finally admitted to Bank membership in 1982, while being limited in power to one- third of the Board of Governors.
While the ADB Group had fewer than 400 staff in the project and country program departments in 1995, the World Bank had 1,720 employees working on Africa, with its average commitments running 50 percent higher.
www.nsi-ins.ca /english/publications/multilateral/african.asp   (806 words)

  
 An MBendi Profile - Organisation: African Development Bank   (Site not responding. Last check: 2007-09-17)
The African Development Bank (ADB) (also known as Banque Africaine de Developpement) is a major development bank in Africa.
ADB is backed by both African members and other overseas principals to provide Africa with greater independence from offshore credit.
The ADB is overseen by a Board of Governers which consists of representatives from each member country.
mbendi.co.za /orafdb.htm   (257 words)

  
 African Development Bank --  Encyclopædia Britannica
French Banque Africaine de Développement African organization established in 1964, operational beginning in 1966, and dedicated to financing the economic and social development of its African member countries.
African organization established in 1964, operational beginning in 1966, and dedicated to financing the economic and social development of its African member countries.
The country's development has been limited in part by the fact that for most of its history as an independent country it has been burdened by political instability.
www.britannica.com /eb/article-9003938   (772 words)

  
 African Development Bank (ADB)
The African Development Bank was established in 1964 under the auspices of the Economic Commission for Africa and began operation in 1966.
In the case of South Africa, the bank is examining the development of the country's infrastructure such as roads, railways, harbours, airports and electrification for households and industry.
The Development Bank of Southern Africa (DBSA) has a line of Credit from this Bank and hence it is able to finance regional development.
www.dfa.gov.za /foreign/Multilateral/africa/adb.htm   (205 words)

  
 Asian Development Bank (ADB) - Fighting Poverty in Asia and the Pacific - ADB.org
ADB's updated strategy aims to boost road and water infrastructure, as well as expand the use of renewable energy across the country.
ADB is planning $58 million in grant projects to help stem the growing avian influenza threat in Asia and the Pacific before it grows into a human pandemic that costs the region millions of lives and tens of billions of dollars.
The June issue of ADB Review looks at development effectiveness and how ADB has been integrating key elements into its operations at all levels to have solid impact on the ground.
www.adb.org   (550 words)

  
 UD - The African Development Bank (AFDB)
The African Development Fund (AfDF) created by the AfDB in 1972 provides loans to low-income regional member countries (RMCs), which are unable to meet the terms of ordinary loans.
Just as in the other regional development banks and the World Bank, the Nordic countries in the AfDB are in the same constituency and work closely together, holding weekly telephone conferences and sending joint instructions to the constituency office.
Our co-financing involvement in the international development banks is a channel by which we seek to influence these institutions according to Norwegian foreign and development policy.
odin.dep.no /ud/english/topics/development/032201-990004/dok-nn.html   (1331 words)

  
 Agrement establishing the African Development Bank
The purpose of the Bank shall be to contribute to the economic development and social progress of its regional members, individually and jointly.
Every security issued or guaranteed by the Bank shall bear on its face a conspicuous statement to the effect that it is not an obligation of any government, unless it is in fact the obligation of a particular government in which case it shall so state.
In the case of a dispute between the Bank and the Government of a State which has ceased to be a member, or between the Bank and any member upon the termination of the operations of the Bank, such dispute shall be submitted to arbitration by a tribunal of three arbitrators.
www.fd.uc.pt /CI/CEE/OI/BAFD/agrement_establishing_the_adb.htm   (10376 words)

  
 African Development Bank
The ADB promotes economic and social development in Africa through loans, equity investments and technical assistance.
Bank Assistance is provided directly to private enterprises thorough term loans, equity participations, quasi-equity investments, guarantees, underwriting and advisory services.
The ADB also extends lines of credit on lending to export oriented companies and small and medium enterprises.
portal.unesco.org /culture/en/ev.php-URL_ID=26274&URL_DO=DO_PRINTPAGE&URL_SECTION=201.html   (54 words)

  
 AFRICAN DEVELOPMENT BANK
At the policy level for example, ADB's New Vision Statement clearly identifies poverty reduction as the primary development challenge facing Africa, which is a priority area of concern in the Beijing Declaration and Platform of Action.
Thus the utilization of the Bank's resources are crystallized around four themes that are central to women's empowerment, namely agriculture and rural development; human capital development, private sector development; and, good governance.
At the institutional level, the ADB is implementing an number of measures through its recruitment and promotion procedures to enhance the participation of woman staff members in the senior echelons of the Bank.
www.un.org /womenwatch/daw/followup/beijing+5stat/statments/afbank9.htm   (1005 words)

  
 Employment Opportunities   (Site not responding. Last check: 2007-09-17)
Established in 1964, the African Development Bank (ADB) is the premier pan-African development institution fostering economic growth and social progress in Africa.
The ADB’s primary goal is to reduce poverty and improve living standards by mobilising resources in and outside Africa and providing financial and technical assistance for development projects and programs in Africa.
The Bank is an equal opportunity employer and firmly believes that recruitment from a wide geographical and cultural spectrum enriches the institution with varied talents, experiences and skills that will enhance the quality of human resources management and ultimately the realization of the Bank’s mission of reduction of poverty in Africa.
www.afdb.org /portal/page?_pageid=313,167913&_dad=portal&_schema=PORTAL   (358 words)

  
 REVIEW OF AFRICAN ECONOMIC DEVELOPMENT
The subject of African Development is treated in twenty-three chapters, organized in six parts.
This chapter is particularly insightful because in many African countries like Nigeria, political instability via military coups, seem to be singled out as the most important culprit in the economic stagnation of the country.
The role of African governments and their relationship with richer countries is equally recognized as fundamentally strategic in economic development.
www.westafricareview.com /issue5/didia.htm   (1378 words)

  
 African Development Bank
Established in 1964, the African Development Bank (ADB) is the premier pan-African development finance institution fostering economic growth and social progress in Africa.
At the continental level, the new vision of the ADB focuses on economic integration.
Today, the ADB has a total of 77 member states comprising 53 regional (African) and 24 non-regional countries.
web.mit.edu /urbanupgrading/upgrading/resources/organizations/African-Dev_Bank.html   (114 words)

  
 HotDocs///African Development Bank Group Statement   (Site not responding. Last check: 2007-09-17)
The Bank was the main sponsor for the establishment of the Africa Export and Import Bank (AFREXIM Bank) which specializes in the promotion of Africa trade and by the providing trade finance and other facilities.
Another area of activity that the Bank will pursue in the coming years will be the mobilization of domestic and external financing from private financial institutions and other multilateral agencies in support of African enterprises.
In the efforts of African countries to improve the economic well being of their citizens, the private sector should be encouraged to play a leading role.
www.uiowa.edu /ifdebook/features/hotdocs/doc22.shtml   (2330 words)

  
 African Development Bank as supplied by EagleTraders.com
The African Development Bank (AFDB) was formed in 1963 by 33 independent African countries to contribute, individually and jointly, to the economic and social progress of its regional members.
The African Development Bank has a capital base of $22 billion with annual lending in excess of $2 billion in 1988, an amount that approaches the lending of the World Bank’s financing of the continent.
The bank committed itself to investing $12.3 billion in Africa during 1987-1991, which exceeds the investing in the previous 22 years combined.
www.eagletraders.com /advice/securities/african_development.htm   (376 words)

  
 African Development Bank
First, as a result of the relaxation of agriculture subsidies, particularly in developed countries, Africa might experience an increase in its food-import bill, which accounts at present for about a quarter of merchandise imports.
The collaboration of these countries in reducing their non-tariff barriers and allowing a freer access to their markets especially in the case of agricultural products is necessary.
At the end of 1998, the Bank Group had approved over 2,200 loans and grants for a total cumulative amount of over US $ 34 billion, of which nearly two-thirds was financed on non-concessional terms and the rest on concessional terms.
www.times-publications.com /publications/times_articles/corporate_africa_summer1999/african_dev_bank2.htm   (513 words)

  
 IFI Research Site: Other International Financial Institutions
The Asian Development Bank: Diplomacy and Development in Asia.
"The Asian Development Bank in the Context of Rapid Regional Development." In Richard Tilly and Paul J. Welfens (eds.).
"The Inter-American Development Bank and the NGO Community: A Partnership in Support of the Microentrepreneur." In Ved P. Nanda, George W. Shepherd, Jr.
www.wellesley.edu /Economics/IFI/others.html   (858 words)

  
 WEST AFRICAN DEVELOPMENT BANK (BOAD)
The West African Development Bank (BOAD) was established by an Agreement signed by the Member States of the West African Monetary Union (UMOA) on November 14, 1973.
BOAD is to promote balanced development of the States of the Union and to achieve West African economic integration.
In addition to the Bank's President, who is its Chairman, the Managing Board comprises one Representative (and his Alternate) from each country of the Monetary Union, the Governor of the BCEAO, and representatives (up to a maximum of eight) from countries and international financial organizations outside the Monetary Union subscribing to the Bank's capital.
www.imf.org /external/np/sec/decdo/boad.htm   (434 words)

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