QUESTION:
Examine any one organization or
institution that promote project
development, to what extent is it
fulfilling it...
AFRICAN DEVELOPMENT BANK (AfDB)
The African Development Bank (AfDB)
Group is a multilateral development finance
institutio...
OBJECTIVES OF AFRICAN DEVELOPMENT
BANK
• . The AfDB Group also promotes
international dialogue on development
issues conce...
OBJECTIVES OF AFRICAN DEVELOPMENT
BANK
• The overall objective of the AfDB Group is
to support the economic development an...
STRUCTURE
Over the years, the Bank Group has continued to
pursue its institutional reforms aimed at maximizing its
develop...
AFDB’S PROJECTS IN ZIMBABWE AND
RECENT ACTIVITIES
1. Leadership role in arrears clearance, debt
relief and the overall re-...
Emergency Power Infrastructure
Rehabilitation Project Phase II
The Emergency Power Infrastructure Rehabilitation
Project P...
Lake Harvest Aquaculture Expansion
Project
This project aims to increase Lake Harvest’s
tilapia production and processing ...
AfDB to fund Zim transport system
• The African Development Bank (AfDB) is set
to commission a $1,5 million Zimbabwe
natio...
To what extent AfDB fulfilling its role in
the current economic environment.
• Because of the country’s loan arrears situa...
KARIBA HYDRO ELECTRIC POWER
STATION
HWANGE THERMAL ECTRICITY POWER
STATION
LAKE HARVEST
Upcoming SlideShare
Loading in …5
×

Examine any one organization or institution that promote project development, to what extent is it fulfilling its role in the current economic environment

507 views

Published on

Examine any one organization or institution that promote project development, to what extent is it fulfilling its role in the current economic environment

Published in: Business, Technology
0 Comments
1 Like
Statistics
Notes
  • Be the first to comment

No Downloads
Views
Total views
507
On SlideShare
0
From Embeds
0
Number of Embeds
2
Actions
Shares
0
Downloads
6
Comments
0
Likes
1
Embeds 0
No embeds

No notes for slide

Examine any one organization or institution that promote project development, to what extent is it fulfilling its role in the current economic environment

  1. 1. QUESTION: Examine any one organization or institution that promote project development, to what extent is it fulfilling its role in the current economic environment.
  2. 2. AFRICAN DEVELOPMENT BANK (AfDB) The African Development Bank (AfDB) Group is a multilateral development finance institution, comprising three distinct entities: the African Development Bank (AfDB), the parent institution, and two affiliates, the African Development Fund (ADF) and the Nigerian Trust Fund, (NTF). The AfDB Group is Africa’s premier development finance institution
  3. 3. OBJECTIVES OF AFRICAN DEVELOPMENT BANK • . The AfDB Group also promotes international dialogue on development issues concern Africa. • It supports policy reforms, capacity building, knowledge sharing, studies and preparation of development projects • It strives to mobilize internal and external resources to promote investment and provide technical assistance
  4. 4. OBJECTIVES OF AFRICAN DEVELOPMENT BANK • The overall objective of the AfDB Group is to support the economic development and social progress of African countries individually and collectively, by promoting investment of public and private capital in projects and programs designed to reduce poverty and improve living conditions. Combating poverty is at the heart of the Bank’s efforts to assist the continent to attain sustainable economic growth.
  5. 5. STRUCTURE Over the years, the Bank Group has continued to pursue its institutional reforms aimed at maximizing its development effectiveness and the quality of its operations, supporting efforts by its regional member countries and building their capacity to strengthen their economies. The Bank has also consolidated its role as the continent's premier development finance institution, a knowledge and research centre and the preeminent voice for African development issues. For purposes of accountability and efficient management, the Bank has adopted the following structure comprising six vice presidential complexes.
  6. 6. AFDB’S PROJECTS IN ZIMBABWE AND RECENT ACTIVITIES 1. Leadership role in arrears clearance, debt relief and the overall re-engagement process The Bank Group has taken a leadership role in the process of re-engagement by mobilizing the friends of Zimbabwe group, which includes creditors and development partners, to garner support for the country on financing in general and debt relief in particular.
  7. 7. Emergency Power Infrastructure Rehabilitation Project Phase II The Emergency Power Infrastructure Rehabilitation Project Phase II (EPIRP II) is the second energy sector project financed through the African Development Bank administered Zimbabwe Multi-Donor Trust Fund (Zim-Fund). Its objective is to improve the availability and reliability of electricity supply through the rehabilitation of generation, transmission and distribution facilities. The project target areas are Kwekwe, Gweru, Bulawayo, Masvingo, Mutare, Harare and Hwange with a combined target population of 4.13 million people
  8. 8. Lake Harvest Aquaculture Expansion Project This project aims to increase Lake Harvest’s tilapia production and processing capacity from 2,200 tons per annum in 2010 to 20,000 tons per annum by 2015, create employment and enhance tax revenues. Beyond its direct investment in Lake Harvest, the Bank Group has supported Zimbabwe’s private sector through its partnership with regional financial institutions that operate and invest in Zimbabwe.
  9. 9. AfDB to fund Zim transport system • The African Development Bank (AfDB) is set to commission a $1,5 million Zimbabwe national transport project master plan aimed at providing the framework for the sustainable development of the transport sector to stimulate economic growth and reduce poverty. • The project is to be implemented over a 28- month period is expected to be jointly funded by the regional financial institution and the Zimbabwe government.
  10. 10. To what extent AfDB fulfilling its role in the current economic environment. • Because of the country’s loan arrears situation, donors may continue to be engaged although to a limited extent. • Also, if the macroeconomic and political stability attained during the GNU era is maintained, investor confidence may remain • Donors regard ZimFund as the best modality for development finance in infrastructure given Zimbabwe’s arrears situation. • At the same time, Zimbabwe is a regional gateway to the North-South Corridor due to its central and strategic location in Southern Africa. An African Development Bank (AfDB) study estimates Zimbabwe’s infrastructure gap is at a daunting USD 14 billion
  11. 11. KARIBA HYDRO ELECTRIC POWER STATION
  12. 12. HWANGE THERMAL ECTRICITY POWER STATION
  13. 13. LAKE HARVEST

×