• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    • News

    AfDB OKs Urban Development Strategy for African Town, Cities

    By Ivy Mungcal // 02 May 2011
    Children at a water point in Pabbo, a city in northern Uganda. The African Development Bank is adopting a new strategy that prioritizes infrastructure, including water and sanitation, governance and private sector development to transform cities and towns in the region into engines of economic and social development. Photo by: Charles Akena / IRIN

    The African Development Bank is adopting a new strategy that prioritizes infrastructure, governance and private sector development to transform cities and towns in the region into engines of economic and social development.

    Under the strategy, the bank will use infrastructure as its main vehicle for supporting urban development. It will focus on improving infrastructure delivery and the expansion of basic services as well as building capacity for the maintainance of public infrastructure.

    In governance, AfDB will focus on strengthening transparency at the municipal level, improving anti-corruption safeguards and building urban planning capacity. Meantime, the bank will support private enterprises and strengthen local financial markets to promote private sector development.

    Other priority areas included in the strategy are developing regulatory and legal frameworks to reduce transaction costs and promoting public-private partnerships.

    Read more development aid news.

    • Infrastructure
    • Banking & Finance
    • Urban Development
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Ivy Mungcal

      Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.

    Search for articles

    Related Jobs

    • Legal Counsel - Blended Finance (Hybrid)
      Netherlands | Western Europe
    • Compliance Unit Lead
      Prague, Czech Republic | Czech Republic | Eastern Europe
    • Tax Audit Advisor
      Cowater International
      Ethiopia | Eastern Africa
    • See more

    Most Read

    • 1
      Opinion: Mobile credit, savings, and insurance can drive financial health
    • 2
      FCDO's top development contractors in 2024/25
    • 3
      Strengthening health systems by measuring what really matters
    • 4
      Opinion: India’s bold leadership in turning the tide for TB
    • 5
      Reigniting momentum for maternal, newborn, and child health

    Trending

    Financing for Development Conference

    The Trump Effect

    Newsletters

    Related Stories

    Devex InvestedDevex Invested: The race to lead the African Development Bank heats up

    Devex Invested: The race to lead the African Development Bank heats up

    FinanceInside the race to lead the African Development Bank

    Inside the race to lead the African Development Bank

    Climate financeHow cities are getting a seat at the global climate finance table

    How cities are getting a seat at the global climate finance table

    FinanceAfrican Development Bank presidential hopefuls outline competing visions

    African Development Bank presidential hopefuls outline competing visions

    • News
    • Jobs
    • Funding
    • Talent
    • Events

    Devex is the media platform for the global development community.

    A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

    • About us
    • Membership
    • Newsletters
    • Advertising partnerships
    • Devex Talent Solutions
    • Post a job
    • Careers at Devex
    • Contact us
    © Copyright 2000 - 2025 Devex|User Agreement|Privacy Statement