(Agence Ecofin) – The African Development Bank (AfDB) has “officially” returned to its headquarters in Abidjan after 11 years of relocation to Tunis, its president announced on August 19 in the Ivorian economic capital.
«It has been eleven years since the AfDB was forced by the politico-military crisis to leave Côte d’IvoireDeclared Donald Kaberuka during a press conference. “Today the bank is officially back in the Ivorian capital, its headquarters since 1964 (date of its creation)“, He added, indicating that the first board of directors of the institution will be held on September 8 in Abidjan.
Mr. Kaberuka on this occasion greeted Ivorian President Alassane Ouattara who “pleaded the cause of return»Of the BAD. «Our return is a sign of the country’s regained stability», He underlined.
Côte d’Ivoire has returned to stability after a decade of politico-military crisis that culminated in the post-election crisis of 2010-2011, which left more than 3,000 dead.
AfDB operations in 2014 will reach $ 9 billion, of which $ 3 billion will be earmarked for private sector support on the continent.
In 2013, AfDB investments were estimated at $ 8 billion.
«60% of investments in 2014 will relate to infrastructure, especially the energy sector, which is in great deficit on the continent», Underlined Mr. Kaberuka.
The President of the ADB also welcomed the drop in the poverty rate (people living below a dollar a day) in sub-Saharan Africa, which fell “from 54% in 2000 to less than 30%. % currently ”.
01/26/2012 – Donald Kaberuka reconfirms the return of the ADB to Abidjan
11/29/2011 – The AfDB organizes its return to Abidjan
06/08/2011 – BAD: Abidjan which laughs and Tunis which cries
07/31/2014 – AfDB to grant $ 1 billion loan to Angola