African Development Bank | Bank Information Center: Monitoring the projects and policies of the World Bank, IMF and other international financial institutions


bicusa.org/afdb Home InstitutionsAfDB African Development Bank Overview Structure Lending Policies Getting Info Projects Updates Resources Contacts RSS Update \| 22 August 2008 Weekly roundup: IFIs in the news The "Weekly Roundup" is a compilation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Update \| 15 August 2008 Weekly roundup: IFIs in the News The "Weekly Roundup" is a compilation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Update \| 8 August 2008 Weekly roundup: IFIs in the news The "Weekly Roundup" is a compilation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Update \| 1 August 2008 Weekly roundup: IFIs in the news The "Weekly Roundup" is a compilation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Update \| 25 July 2008 Weekly roundup: IFIs in the news The "Weekly Roundup" is a compilation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Update \| 18 July 2008 Weekly roundup: IFIs in the news The "Weekly Roundup" is a compilation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Update \| 11 July 2008 Weekly roundup: IFIs in the news The "Weekly Roundup" is a compilation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Update \| 27 June 2008 Weekly roundup: IFIs in the news The "Weekly Roundup" is a compilation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Update \| 23 June 2008 World Bank continues to push African hydro despite concerns over vulnerability to climate change World Bank involvement in the proposed Inga and Kafue dams has brought criticism over the continued reliance on hydro in a warming world, and intentions to power foreign mining companies. Read more Update \| 13 June 2008 Weekly roundup: IFIs in the news The "Weekly Roundup" is a compilation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Update \| 6 June 2008 Weekly roundup: IFIs in the news The "Weekly Roundup" is a compilation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Update \| 30 May 2008 Weekly roundup: IFIs in the news The "Weekly Roundup" is a compilation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Update \| 23 May 2008 Weekly roundup: IFIs in the news This is a new feature from BIC! This "Weekly Roundup" is a compilation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Update \| 16 May 2008 Weekly roundup: IFIs in the News This is a new feature from BIC! This "Weekly Roundup" is a compilation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Update \| 9 May 2008 Weekly roundup: IFIs in the news This is a new feature from BIC! This "Weekly Roundup" is a compilation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Update \| 2 May 2008 Weekly roundup: IFIs in the news This is a new feature from BIC! This "Weekly Roundup" is a compliation of select news articles, blogs or other media concerning the international financial institutions from the past week. Read more Update \| 19 February 2008 AfDB commits 60 percent of its resources toward ambitious infrastructure scheme Proposed projects would include transcontinental transportation corridors that would require a huge outpouring of money. They would serve to benefit exporters and, by extension, transnational companies that profit the most from Africa’s commodities. Read more Update \| 15 February 2008 High-level panel issues report on prospects for African Development Bank Panel's suggestions include merging of the African Development Fund (ADF) with the African Development Bank (ADB), and eliminating the performance-based allocation (PBA) system. Read more Update \| 30 January 2008 Civil Society Guide to IFI Policy Reviews Read more Update \| 17 January 2008 World Bank, EIB to release funds for Bujagali Dam as investigations into safeguard violations continue Construction of the dam proceeds despite an ongoing investigation into claims presented by civil society groups that the project violates environmental and social standards of both the World Bank and the African Development Bank (AfDB). Read more Update \| 18 December 2007 Donors promise $8.9 billion to the African Development Bank AfDB President Donald Kaberuka praises the United Kingdom's “concretization of commitments to double aid to Africa” made at the Gleneagles G-8 summit in 2005. However, Kaberuka’s willingness to credit the UK with “concretizing” its pledges appears overly generous. To date, the UK and the G-8 have fallen well short of the mark in meeting their promises. Read more Update \| 17 October 2007 AfDB, World Bank and WTO push Aid for Trade initiative at Tanzania conference Critics claim that Aid for Trade schemes could aggrevate rather than alleviate poverty, particularly in Africa. Read more Update \| 4 October 2007 AfDB approves funding for controversial Tenke mine in the DRC The African Development Bank (AfDB) will contribute $100 million despite ongoing review into alleged irregularities associated with mining concession contract. Read more Update \| 25 September 2007 AfDB approves largest ever private investment in South Africa’s utility giant, Eskom The African Development Bank's $500 million loan to support Eskom's expansion raises the question of whether it wields sufficient leverage to ensure adherence to its social and environmental safeguards. Read more Update \| 25 September 2007 AfDB promises increased aid to DR Congo under new fragile states policy Some observers are apprehensive about the trend among international financial institutions (IFIs) to focus on fragile states, particularly in Africa, and are concerned that these institutions may wield undue leverage over cash-strapped governments. Read more Update \| 20 September 2007 UN adopts Declaration on the Rights of Indigenous Peoples On September 13th, after over 20 years of negotiations, the United Nations General Assembly finally adopted the Declaration on the Rights of Indigenous Peoples. The international declaration sets a higher standard for international financial institutions (IFIs) to ensure safeguards and strengthen their policies on indigenous peoples. Read more Update \| 27 August 2007 Bujagali dam continues to make headlines Although construction of the controversial hydropower project in Uganda began last week, debate continues over the dam's design, cost and impacts. A recent article in the Baltimore Sun provides details. Read more Update \| 1 August 2007 WB, IMF and AfDB-backed program to privatize Egyptian banks arouses controversy The Egyptian government is facing criticism from members of its parliament over plans to sell off the country’s publicly owned banks. The plan to privatize several national banks within the framework of an $8.7 billion financial sector reform program has the backing of the World Bank, the International Monetary Fund, the African Development Bank and US Agency for International Development. Read more Update \| 21 July 2007 AfDB private sector investments reach record high Unprecedented increase raises question of whether the Bank wields sufficient leverage to ensure compliance with its social and environmental safeguards. Read more Update \| 15 May 2007 AfDB annual meetings convene in Shanghai this week China’s offer to host the event, which brings together senior finance and development officials from African and donor governments, speaks volumes about changing Sino-African relations. Read more Update \| 9 May 2007 Experts selected for AfDB accountability mechanism Controversial Uganda dam to become the subject of the first trial case for the African Development Bank's new Independent Review Mechanism. Read more Update \| 8 May 2007 BIC produces new primer for NGOs on the African Development Bank The Primer aims to help Africa’s civil society better understand what the AfDB is, how it may affect them, and what they can do to influence it. Read more Update \| 7 May 2007 Examining the African Development Bank: A Primer for NGOs Read more Update \| 12 April 2007 CSOs register complaint with World Bank Inspection Panel over proposed Bujagali hydroelectric project Ugandan groups highlight risks of project to hydrology of Lake Victoria, sustainability of the energy production, lack of comprehensive needs and options assessment, anticipated impacts on local communities Read more Update \| 7 March 2007 EIB and AfDB back feasibility study of uranium treatment in Zambia The use of public money by the European Investment Bank and the African Development Bank to extract uranium poses a serious cause for concern, not only because of threat of contamination of local water sources, but because of the precedent it would set. Read more Update \| 26 February 2007 African Development Bank, World Bank to collaborate on extractive industries At a two-day “experience-sharing meeting” on the extractive industries (EI) in Africa last week in Tunis, the banks agreed to intensify their collaboration on EI work and support for the implementation of the EITI by resource-rich countries in Africa. Read more Update \| 9 February 2007 African Development Bank mobilizes $1.6 billion for infrastructure through African Union's New Partnership for Africa's Development (NEPAD) Civil society concerned about regional bank's emphasis on large-scale energy projects Read more Update \| 21 January 2007 Karibu to World Social Forum Nairobi 2007! BIC to host sessions on the African Development Bank and World Bank in Africa Read more Update \| 9 January 2007 African Development Bank prepares for next replenishment round Observers anticipate an emphasis on large infrastructure Read more Update \| 19 December 2006 Government to evict Kenyan farmers from mineral-rich lands Tiomin mining company is set to resume preparations for titanium extraction in an African Development Bank (AfDB)-financed project. Read more Update \| 17 November 2006 World Bank, African Development Bank, UN promote carbon credits for Africa Agencies encourage donor countries to channel more Clean Development Mechanism (CDM) projects to Africa under new "Nairobi Framework" Read more Update \| 3 November 2006 IFIs in Africa News Briefing #8 BIC's "IFIs in Africa News Briefings" provide summaries and commentary on the latest news articles relating to International Financial Institutions (IFI) involvement in Africa. Read more Update \| 14 June 2006 African Development Bank President Donald Kaberuka presents Bank's strategy for Africa’s development The AfDB President laid out the institution's priorities for development in Africa in an interview with AllAfrica.com, emphasizing the need to make investment climates more attractive to the private sector and focus on regional integration and infrastructure development Read more Update \| 22 May 2006 African Development Bank concludes annual meeting in Ouagadougou Read more Update \| 27 July 2005 Rwandan Finance Minister to be next president of African Development Bank Mr. Donald Kaberuka was favored by the US and other non-African member countries, although he apparently gained significant African support in the two months since the stalemated elections at the AfDB's Annual Meetings. Read more Update \| 14 June 2005 Civil Society Guide to IFI Policy Reviews now available Read more Update \| 14 June 2005 Civil Society Guide to IFI Policy Reviews The IFI Policy Review Web page is a recent addition to the BIC website! This page is updated regularly to allow you to keep track of consultation documents, important dates, civil society analyses and more. Read more Update \| 5 May 2005 Regional Development Banks hold Annual Meetings Read more Update \| 30 March 2005 BIC launches new Web page on Parliamentary Oversight of the IFIs Read more Update \| 14 March 2005 Rwandan candidate reportedly in lead for AfDB presidency Read more Update \| 12 March 2005 Next President of African Development Bank to be elected at AfDB Annual Meetings Elections for the presidency of the African Development Bank will be held at the Annual Meeting of the Boards of Governors scheduled to take place on May 18-19 in Abuja, Nigeria. Seven candidates are running, including representatives from Ghana, Rwanda, Cameroon, Egypt, Zimbabwe, Nigeria and Gabon. Each candidate is supported by one or more regional member countries. Read more Update \| 6 February 2005 Debt disappointment in wake of G7 meeting; outcome unclear The February G7 meeting produced talk of providing “as much as 100% multilateral debt relief,” but no consensus was reached on concrete actions moving forward. Read more Update \| 4 December 2004 AfDB held second African regional workshop on harmonization in Tanzania Read more Country Update \| 1 December 2004 BIC releases first Sierra Leone Country Update Read more Update \| 21 September 2004 U.S. Senate Foreign Relations Committee to hold third hearing on Combating Corruption in the MDBs September 28 Read more Update \| 13 April 2004 Freedominfo.org highlights increased openness at the AfDB Read more Update \| 8 March 2004 AfDB releases new Information Disclosure Policy Read more Update \| 12 January 2004 Comment on AfDB's proposed accountability mechanism through January 31 The African Development Bank is accepting public comments on its proposed inspection function through January 31. Read more Update \| 1 December 2003 BIC sends AfDB comments on draft disclosure policy Read more Print this page Email this page		Search Institutions AfDB ADB Bank of the South EBRD IDB IFC IMF MIGA World Bank See also Africa Egypt Middle East and North Africa Accountability at the AfDB Environmental & Social Policies at the AfDB Transparency at the AfDB Stay Informed! Sign up for our e-newsletters. Sign up

	Last updated 22 August 2008 © 2008 Bank Information Center Website content may be freely reproduced as long as BIC is credited as the source.

Site by CaudillWeb