AfDB affirms its support for Power Africa, with a commitment of more than US $600 million

February 2014
African Business News;2/14/2014, p1
The article reports that Power Africa, a five-year U.S. Presidential initiative aimed at supporting economic growth and development is being sponsored by the African Development Bank (AfDB) in partnership with the U.S. government. It is mentioned that the Bank approved several landmark operations associated with Power Africa countries between January and December 2013.


Related Articles

  • "Chancenkontinent par excellence". Mehringer, Martin // Lebensmittel Zeitung;7/12/2013, Issue 28, p28 

    An interview is presented with Dirk Niebel, German minister for economic cooperation and development. When asked about the economic development in Africal, Niebel refers to the impressing speech of economic growth in Africa. Other topics discussed include the economic challenges in Africa,...

  • How to anchor Africa's growth. Amoako, K. Y. // African Business;Jun2015, Vol. 49 Issue 420, p40 

    The article discusses the economic conditions of Africa and suggests methods to have a sustainable economic growth. Topics include economic reforms and transformations adopted by various African countries, balancing the public and private investments, and U.S. President Barack Obama's role in...

  • Follow the tried and tested path to prosperity. Lin, Justin Yifu // African Business;Jun2015, Vol. 49 Issue 420, p28 

    The author discusses aspects of the economic development in low income countries in Africa. He shares the example of success of industrialization in Ethiopia . Also discussed are the umpteen possibilities in Africa becoming a booming hub for industrialization once the investors learn new...

  • A bank that lends itself to growth.  // African Business News;3/28/2013, p1 

    The article focuses on the growth of the African Development Bank (AfDB) making it the second largest lender for the country's development. It attributes the success of AfDB to its strategy in funding its infrastructure projects. It notes the bank's change of operating philosophy from its social...

  • WHAT ARE THE LINKS BETWEEN AID VOLATILITY AND GROWTH? Markandya, Anil; Ponczek, Vladimir; Soonhwa Yi // Journal of Developing Areas;Spring2011, Vol. 44 Issue 2, p41 

    Recent literature has debated possible adverse impacts of aid volatility on a country's economic performance. Our paper adds to this literature in three ways: First it tests the validity of the aid volatility and growth relationship from various aspects: across time horizons, by sources of aid,...

  • Show Them the Money. Blattman, Christopher; Niehaus, Paul // Foreign Affairs;May2014, Vol. 93 Issue 3, p117 

    The authors offer opinions on international economic assistance to poor people in developing countries. It is argued that existing programs offering poor people goods and services designed to increase development such as payment for agricultural supplies, business training and livestock are an...

  • Resilience und Fragilität: Ein konzeptioneller Wandel im entwicklungspolitischen Verständnis von Sicherheit? Pospisil, Jan // Peripherie;may2011, Issue 122/123, p236 

    Since 2008, the term „resilience" has been used in the concept papers of the OECD-DAC and by several other development actors that deal with problems concerning the development-security nexus. In particular, the concept was recently discussed and applied in discussions on possible...

  • Those Hot Chile Nights.  // Time;5/29/1972, Vol. 99 Issue 22, p80 

    Information on the United Nations Conference on Trade and Development (UNCTAD) held in Santiago, Chile is presented. The topics include the increased foreign aid for various developing countries as well the trade contracts. The conference featured various delegates from different developing...

  • Standstill over project funding. SALISBURY, PETER // MEED: Middle East Economic Digest;7/19/2013, Vol. 57 Issue 29, p32 

    The article discusses a lack of progress in Yemen in spending foreign aid on infrastructure projects. Although over $12 billion in aid has been committed to the country, little has actually been delivered and spent. Donors say corruption in Yemen and the government's failure to act are at fault,...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics