Below are excerpts of the Q & A, The Herald Business had with
How much has the AfDB committed to the various projects around the country? And could you please provide a breakdown of grants, loans, and lines of credit advanced to
The total commitments cover the following sectors: Multi-Sector (28,9 percent), Infrastructure (27,6 percent), Industry/Mining/Quarrying (18,3 percent), Water Supply & Sanitation (13,6 percent), Financial Sector (5,3 percent), Agriculture Sector (4,8 percent), and Social Sector (1,5 percent).
The Bank's current portfolio in
The Bank's portfolio has four operations financed by ZimFund grants (
Of the total donor commitments, about
The portfolio also includes capacity building and technical assistance interventions (
The other capacity building project is support of
The Bank also supports the transport sector by providing grant resources (
What new projects are in the pipeline for
Following the approval of
The discussions are taking into account the critical role infrastructure development, regional integration and private sector play in economic transformation and job creation to empower people and build more prosperous society.
In all projects funded by the Bank, a strong emphasis is placed on institutional capacity strengthening and accountability for enhanced service delivery. We see gender equality as smart economics (women and no less the 50 percent of the available productive resource in this country) and of course food security as critical to overcome fragility and build the necessary resilience on which a significant step change can be made. The bottom line is that there is no shortage of projects in the pipeline, be it power, water, irrigation systems, roads, ICT, dams, bridges, one stop boarder shops, capacity, etc. A major constraint is the scarcity of resources and hence the need for prioritization and to think innovatively, particularly in the face of the challenges in the country.
Please provide any other information that may be relevant?
The Bank's current operations at Country level are guided by the Country Brief for
Since we have now received new resources from 2014-2016, there will be the need to redefine the priorities and produce an addendum to the current Zimbabwe Country Brief (2013-2015). This is done in consultations with the government and other stakeholders including the development partners. As we start developing this addendum, an important part is the assessment of the country's fragility. You probably know that the Bank has a new strategy on how to address fragility in
We have moved from the notion of Fragile State to Fragile Situation and States in Transition because we came to realise that fragility is not a category of countries but a situation that can affect any country including the most developed.
As we look into the future, we remain confident that
It will continue to strive to become the partner of choice and a trusted advisor.
Most Popular Stories
- National Retail Federation Reduces Sales Forecast
- Honda' s Accord Plug-in Hybrid Is a Fuel Miser
- Hernandez lawyer: Pats Records Dispute Resolved
- Social Media Startups That Pay You to Post
- Female Business Owners Still Face Gender Gap
- Congress Leaving Town as Deadlines Loom
- Amazon Fire Phone Improves on Familiar: Review
- Oregon Voters to Decide on Recreational Pot
- Oregon to Vote on Recreational Marijuana
- 4th Circuit Upholds Obamacare Subsidies