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Africian Development Bank (ADB): Back In Ivory Coast

It is decided, even jurors: the African Development Bank (AfDB) finally returned to Abidjan after spending 11 years in a temporary headquarters in Tunis.

Its president, Donald Kaberuka made ​​the announcement Tuesday at a press conference. “The security conditions are sufficient to settle permanently “ , he has reassured before announcing “the holding of first board Sept. 8, 2014. It’s been 11 years that the ADB was forced by the crisis to leave Ivory Coast. Today, Bad is back, officially, Côte d’Ivoire. “

by Abdoulaye Diarra Abidjan

A sign of confidence


According to him, ‘the fact that we are here is a positive sign and a sign of confidence for businessmen and investors as the start was a negative “ . Too, he wanted to express his gratitude to the Ivorian authorities who have “worked hard for [it] back.” The Ivorian government has put in place (May 23), a committee of the return of this African institution in Abidjan. It is led by the Minister of State, Minister of Planning and Development, Albert Mabri Toikeusse.

Going further, the speaker said that the ‘asset portfolio of the Bank at August 18, 2014 with 11 transactions for a total amount of approximately € 233 million. ” This is mainly for infrastructure projects in the context of post-conflict rehabilitation, including, ‘35% in the transport sector (Pont Henri Konan Bedie), 18% in the field of energy (power plant expansion Azito and Ciprel), 16% in the water and sanitation sector (Guru Basin), 16% in agriculture (infrastructure area Indénié) and 15% of multi-sector projects including finance (1%). “

read more at info-Afrique.com

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