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22 января, 18:21

Items proposed for consideration at the next meeting of Dispute Settlement Body

The WTO Secretariat has circulated a meeting notice and list of items proposed for the next meeting, on 27 January 2020, of the Dispute Settlement Body, which consists of all WTO members and oversees legal disputes among them. The meeting notice is circulated in the form of a document officially called an “airgram”.

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22 января, 18:21

Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu gives TWD 4.5 million for LDCs at Ministerial Conference

The Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu is donating TWD 4.5 million (approximately USD 150,000) in 2020 to help least-developed countries (LDCs) participate in the 12th Ministerial Conference (MC12), which will take place on 8-11 June 2020 in Nur-Sultan, Kazakhstan. The donation was acknowledged by WTO Deputy Director-General Yonov Frederick Agah at a meeting with Dr Yu-Ping Lien, Chargé d’affaires of the Permanent Mission of the Separate Customs Territory of Taiwan, Penghu, Kinmen and Matsu to the WTO, on 21 January 2020.

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22 января, 18:11

African Development Bank unveils Policy on Non-Sovereign Operations

The African Development Bank Group on Monday organized a workshop to share its approach to private sector funding through its new policy on Non-Sovereign Operations (NSO Policy). The policy provides the general framework and modalities required for Bank lending and investment without sovereign guarantee to private and public entities that meet specific eligibility requirements on non-concessional terms.

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22 января, 18:11

African Development Bank signs five-year agreement to use International Federation of Consulting Engineer (FIDIC) standard contracts

The International Federation of Consulting Engineers (FIDIC) has secured a major agreement with the African Development Bank that will see the international funding organisation include the use of seven FIDIC standard contracts for the next five years.

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22 января, 18:11

African Development Bank approves €8 million technical assistance grant to support preparation of Ruzizi IV Hydro Power Project in the Great Lakes...

The Board of Directors of African Development Bank Group has approved an €8 million grant drawn from the European Union’s Africa Investment Platform (EU-AIP) to support the preparation of the Ruzizi IV Hydropower Project. The plant will be situated on the Ruzizi River between Rwanda and the Democratic Republic of Congo and will supply electricity to the DRC, Burundi and Rwanda.

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22 января, 18:11

Zimbabwe: African Development Bank, UN and World Bank launch 2019 Needs Assessment Report to spur economic recovery

The African Development Bank, United Nations and World Bank Group recently launched the Zimbabwe 2019 Joint Needs Assessment Report. The study, the first to be prepared jointly in Zimbabwe by the three organizations, was produced after the Government of Zimbabwe requested them to assess the scope of challenges and needs.

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22 января, 18:11

African Development Bank set to unveil 2020 African Economic Outlook

WHERE: African Development Bank HQ, Babacar N’diaye Auditorium, Abidjan, Cote d’Ivoire WHEN: 30 January 2020; 2:30 pm - 4:30 pm   The African Development Bank will launch the 2020 edition of its flagship African Economic Outlook (AEO) report on Thursday, 30 January 2020 at its headquarters in Abidjan, Cote d’Ivoire.

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22 января, 18:11

African Development Bank allocates €1.2 million to train policymakers in boosting mining revenues

The African Development Bank has allocated a €1.2 million grant to provide training to help resource-rich countries improve their mining revenues. The Bank’s Regional Development, Integration and Business Delivery Complex approved the first-of its kind grant from the Transitional Support Facility for the project on Financial Modelling for the Extractive Sector (FIMES) in December. The project will be implemented in Africa’s transitional countries from 2020 to 2022.

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22 января, 18:11

République démocratique du Congo : la Banque africaine de développement discute avec le gouvernement du développement rapide du site Inga et du...

« Nous venons pour réaffirmer notre partenariat avec la Banque africaine de développement et son leadership dans la mise en œuvre effective et rapide du projet Inga 3 », a déclaré, lundi 13 janvier à Abidjan, Sele Yalaghuli, ministre des Finances de la République démocratique du Congo (RDC).

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22 января, 18:11

African Development Fund Board approves $37.2 million in credit risk participations by the Private Sector Credit Enhancement Facility for non-...

The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, approved on January 15, 2020, credit risk participations by the Private Sector Credit Enhancement Facility (PSF) for projects in Kenya, Sudan and Senegal. The agreement covers operations cumulatively valued at $37.2 million and includes a corporate loan to support an East African agribusiness firm’s domestic and regional expansion, and two lines of credit targeting SME borrowers.

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22 января, 18:11

The African Development Bank signs €6 million grant for São Tomé and Principe

The African Development Bank on Wednesday signed a €6.18 million grant in budgetary support to the Democratic Republic of São Tomé and Principe. The agreement was signed at the Bank’s headquarters in Abidjan, Côte d'Ivoire, by Osvaldo Vaz, Minister of Planning, Finance and the Blue Economy of São Tomé and Principe and by Khaled Sherif, Vice President for regional development, integration and service delivery. The Bank approved the budgetary support to São Tomé and Principe on 8 January 2020 under its programme to support economic reform and the energy sector.

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22 января, 18:11

Trading thrives as new highway financed by the African Development Bank opens up northern Togo

Every Tuesday, Alemondji market in northern Togo swarms with people. Amid the throng, Burkinabe and Ghanaian traders offer clothes and kitchen utensils for sale. Others, calling out their wares, come from the nearby towns of Lawagnon, Moreta and Issati. Their stalls overflow with peanuts, millet, sorghum, sesame and beans.