African Development Bank Group [to 2 April 2016]

African Development Bank Group [to 2 April 2016]
http://www.afdb.org/en/news-and-events/press-releases/

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01/04/2016
AfDB Group announces US $549-million drought response package for Eastern and Southern Africa
– The African Development Bank (AfDB) Group President, Akinwumi Adesina, announced Friday a relief package of US $549 million in support of 14 countries most affected by the ongoing drought in Eastern and Southern Africa. The AfDB acknowledged the severe impact of the El Niño weather pattern that is associated with abnormally high temperatures and the worst drought the region has seen in decades, leaving almost 36 million people in need of food assistance.

AfDB scouts for viable energy models for power-starved Africa
01/04/2016 – A major preoccupation of the just-concluded visit to Asia by an African Development Bank team led by its President, Akinwumi Adesina, was the search for an efficient energy system that can be easily adapted in some of the most energy-starved African countries.

AfDB approves US $228-million loan to rehabilitate strategic road linking Kenya and Tanzania
31/03/2016 – The Board of Directors of the African Development Bank approved on Wednesday, March 30, a US $228-million loan to the Government of Kenya to rehabilitate 172-kilometre road, linking the towns of Isebania and Ahero, an axis located southeast of Lake Victoria. The renovation of this route will facilitate trade between Kenya and Tanzania, while the social aspects associated with the project will accelerate the socio-economic development of the regions along the road, benefitting nearly two million people.

Sudan government launches online stock market with support from the AfDB
30/03/2016 – The Government of Sudan inaugurated an online trading system of its stock market on March 24, 2016 in the country’s capital, Khartoum – a landmark development in the Sudan’s financial history.