News & Events
- From: 09/10/2015
- To: 11/10/2015
- Location: Lima, Peru
The World Bank and International Monetary Fund Annual and Spring Meetings bring each year together central bankers, ministers of finance, Heads of DFIs and private sector stakeholders to discuss current issues that are of relevance to the world economy, financial stability, and economic development. The Annual Meetings will be taking place this year from October 9-11 in Lima, Peru.
01/10/2015 - The African Development Bank approved on Wednesday, September 30, 2015 a €121.5-million package to the Gambia River Basin Development Organization (OMVG) to improve electricity access and provide renewable, clean and affordable energy in The Gambia, Guinea, Guinea-Bissau and Senegal.
01/10/2015 - The Board of Directors of the African Development Bank Group approved on Wednesday, September 30, 2015, two loans totaling US $141.71 million to finance the second phase of the Dar es Salaam Bus Rapid Transit (BRT) System Project.
01/10/2015 - On September 30, 2015, the Board of Directors of the African Development Bank (AfDB) approved a US $120-million corporate loan to support Ghana Airports Company Limited’s (GACL) capital investment programme. The programme entails the construction of a new terminal at Kotoka International Airport (KIA) in Accra, and rehabilitation of other airports managed by GACL including Kumasi, Tamale, Ho and Wa Airports. The loan is the first private-sector investment that the AfDB has financed in Ghana’s transport sector.
01/10/2015 - On 30 September, the African Development Bank (AfDB) formally approved a grant of 8.226 billion CFA francs (approximately US $14.4 million) to Côte d’Ivoire from the African Development Fund (ADF) to fund the Support to Industrial Competitiveness Enhancement Project (PARCSI).
01/10/2015 - The African Development Bank Group (AfDB) fast-tracked a grant of US $16-million on Wednesday, September 30, to help clean up the poorest suburbs of the Zimbabwean capital. The first stage of the project will concentrate on removing the raw sewage currently spilled into residential areas and securing the water supply for the most vulnerable areas of Greater Harare, home to 2 million people.
01/10/2015 - The African Development Bank Group (“AfDB” or “Bank”) on October 1st, 2015, announced the conclusion of a settlement with SNC-Lavalin Group Inc. (“SNC-Lavalin”). The settlement follows an inquiry supervised by the Integrity and Anti-Corruption Department (“IACD”) of the Bank and pertains to contracts awarded to SNC-Lavalin International Inc. (“SNCLI”) on two AfDB-financed projects in Uganda and Mozambique.
30/09/2015 - The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, September 30, 2015 approved combined loans and grants amounting to US $428.43 million to finance projects in energy, infrastructure, transport and water and sanitation in eight African counties – Ghana, Tanzania, Zimbabwe, Guinea Bissau, Guinea, Senegal and Côte d’Ivoire.
Categories: Côte d’Ivoire, Guinea-Bissau, Guinea, Senegal, Ghana, Tanzania, Zimbabwe, Energy & Power, Infrastructure, Transport, Water Supply & Sanitation, Gender, Employment, Youth, Human Capital Development
30/09/2015 - The Sustainable Energy Fund for Africa (SEFA) approved on September 16 on the sidelines of the African Development Bank’s (AfDB) Energy Week a US $965,000 grant to support the preparation of turnkey run-of-river hydropower plant with an estimated electric capacity of 20 MW at Saltinho, Guinea-Bissau.
30/09/2015 - The African Legal Support Facility (ALSF) in the collaboration with the Ministry of Energy and Mineral Development and the Uganda Chamber of Mines and Petroleum officially launched a five-day training programme on Monday for senior government officials and members of the private sector in Kampala.