The African Development Bank Group [to 30 May 2015]
http://www.afdb.org/en/news-and-events/press-releases/

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Structural change needed to spur innovation in Africa: AfDB 2015 Annual Development Effectiveness Review
29/05/2015 – To make economic growth self-sustaining, African countries must urgently make deep structural changes to propel innovation, notably boosting public investment and strengthening social services. Innovation is needed to create jobs and offer livelihood opportunities to lift the majority of Africans out of poverty, according to the African Development Bank’s 5th Annual Development Effectiveness Review (ADER) released Wednesday in Abidjan.

 
Akinwumi Adesina of Nigeria elected 8th President of the AfDB
28/05/2015 – “Today, I have been given a great responsibility,” Akinwumi A. Adesina said Thursday upon his election as the 8th President of the African Development Bank Group. The President-Elect said he was “humbled by this remarkable vote of confidence in me” on the part of the Bank’s Board of Governors, who met during the Bank Group’s 50th Annual Meetings in Abidjan, Côte d’Ivoire.

 
AfDB scaled up project funding by 15% to US$ 7.6 billion in 2014
27/05/2015 – The African Development Bank Group (AfDB) realised a 15.3-percent increase in its operations turnover in 2014 compared to 2013 despite the challenging global and regional economic environment, according to AfDB 2014 Annual Report.

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AfDB: A focus on Africa’s economic transformation to inclusive sustainable growth
27/05/2015 – For a continent which has consistently posted robust economic growth in the past decade, recent reports that the continent is the bastion of inequality recording 42.6 on the Gini Coefficient Index (a standard measure of income equality) is quite disturbing.