Public Management

Djibouti: African Development Bank launches study on urban infrastructure and climate adaptation

The Bank's delegation met Djibouti's Minister of Finance and Economy in charge of Industry and Governor of the Bank for Djibouti, Ilyas Moussa Dawaleh (center) as part of the launch of the integrated urban infrastructure study project and dialogue on the ADRiFi Programme. The Bank's delegation met Djibouti's Minister of Finance and Economy in charge of Industry and Governor of the Bank for Djibouti, Ilyas Moussa Dawaleh (center) as part of the launch of the integrated urban infrastructure study project and dialogue on the ADRiFi Programme.
Wednesday, 07 June 2023 08:57

The African Development Bank last month launched the Integrated Urban Infrastructure and Climate Adaptation Study Project in Djibouti city in Djibouti.

The study will lead to a roadmap for improving access to resilient urban infrastructure and basic services. It also entails building institutional capacity for inclusive and participatory urban planning and management while addressing gender disparities.

The project is financed by a $3.8 million grant from the African Development Fund, the Bank Group’s concessional lending window for low-income African countries. It will run for three years (2023-2025) and be implemented by the Djibouti Roads Agency.

A delegation to Djibouti for the launch event also had separate talks with Djibouti government officials on the benefits of the African Disaster Risk Management Financing Program (ADRiFi).

At a meeting with Djibouti’s Finance Minister and Governor of the Bank, Ilyas Moussa Dawaleh, the delegation outlined the objectives and components of the ADRiFi program, pointing out that it will provide Djibouti with better cover against flood risks.

The delegation indicated that the program would also build the capacity of national stakeholders involved in disaster risk management and help develop a national disaster risk financing strategy. In his remarks, Minister Dawaleh expressed his approval for Djibouti's participation in the program.

The team had similar discussions with the Minister of Infrastructure and Equipment, Hassan Houmed Ibrahim.

In February 2023, the African Development Bank adopted a new 2023-2027 Country Strategy Paper (CSP) for Djibouti. This CSP supports efforts to promote more inclusive growth by focusing on accelerating structural transformation and economic diversification.

For example, the new CSP has prioritized the development of socio-economic infrastructure in the energy and transport sectors. These include improving the mobility of the population and promoting trade, and increasing the production and distribution of cleaner, less expensive energy.

As at 31 May 2023, the African Development Bank's active portfolio in Djibouti amounted to $87 million, covering 11 projects in the transport, energy, social, governance and agriculture sectors.

bad

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
BOAD exits BOA Bénin and Niger, sells stakes to Sonimex BOA Bénin posts growth; BOA Niger sees sharp profit decline Divestment reflects...
Biovac, the South African biopharmaceutical company that supplies 80% of the country's routine childhood vaccines, secured more than $175 million in...
Côte d’Ivoire establishes sovereign fund to manage public assets Fund to finance infrastructure, stabilize economy, build long-term...
Evidence shows mobile money taxes reduce usage and revenue Most countries exceed the 0.2% threshold that triggers cash fallback Policies...
Most Read
01

Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...

Algeria Opens Satellite Market to Competition, Inviting Global Operators
02

Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...

Mauritanian Telecom Operators Submit $27 Million Combined Bid for 5G Licenses
03

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
04

Nigeria, Nestlé sign MoU for dairy training center in Abuja Center to train farmers in breeding, ...

Nigeria, Nestlé partner to strengthen dairy sector skills
05

Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...

Cameroon Presses Telecom Operators on Service Quality as Complaints Rise
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.