AfDB

Harnessing Natural Resources for Africa’s Development

On 22 – 25th October, the Eighth Africa Development Forum took place in Ethiopia. A biannual event organised by the Economic Commission for Africa (with support from the African Union and African Development Bank), this year’s theme focussed on how Africa can harness its natural resources.

For three days, participants debated many issues surrounding natural resources and their potential impact for development.

AfDB Supports Governance Training for Civil Society Representatives

As part of its strategic support of better governance in Africa, the African Development Bank (AfDB) provided support for the training of 60 civil society representatives at an event organized in Dakar between the 12 and 15 June.

The training was part of the AfDB’s increased support for demand-side governance in the implementation of the Extractive Industries Transparency Initiatives (EITI). The people being trained were from 14 Francophone and Lusophone countries.

TI welcomes the World Bank’s new strategy for increased transparency in the extractive industries

Washington, DC: Transparency International (TI) welcomes the World Bank’s launch of the EITI++, an expansion of the Extractive Industries Transparency Initiative (EITI) into a broader scheme to ensure that natural resources produce long-term development benefits for resource-rich yet poor nations.

“Extractive resources need to provide real benefits for the peoples of the countries where these minerals are located,” said Huguette Labelle, Chair of the Board of Directors of Transparency International on welcoming the EITI++ initiative announced here by World Bank President Robert B.

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