News & Events

07/12/2011 - Le Groupe de la Banque africaine de développement (BAD) a consenti, le 7 décembre 2011 à Tunis, un prêt de 25 millions d’euros, soit l’équivalent de 2,7 milliards d’Escudo (CVE) à la République du Cap-Vert.

Categories: Cape Verde, Private Sector Development, Economic & Financial Governance

20/12/2010 - The African Development Bank (AfDB) and the European Investment Bank (EIB), on Tuesday, 14 December 2010, closed the financing agreement to provide € 45 million to design, construct and operate onshore wind farms on four islands in the Cape Verde archipelago. This will be one of the largest wind projects in Africa and first renewable energy public private partnership in sub-Saharan Africa. The project will provide over 28MW of electricity generating capacity and help the island reach an ambitious target of ensuring that 25% of local power needs are provided by renewable energy by 2012 and 50% by 2020. The project is being developed by InfraCo in a public-private partnership between the government of Cape Verde and local power utility Electra.

Categories: Cape Verde, Economic & Financial Governance

21/05/2010 - La circonscription que nous formons et à la tête de laquelle je me trouve en tant qu’administrateur, a de bonnes raisons d’entretenir de solides relations avec le Groupe de la BAD. Neuf pays y ont placé leur confiance et sont ainsi représentés au sein du Conseil d’administration de la Banque.

Categories: Niger, Senegal, Mali, Chad, Gabon, Comoros, Cape Verde, Benin, Burkina Faso, Côte d’Ivoire

21/05/2010 - En prélude aux Assemblées annuelles du Groupe de la Bad, qui se dérouleront du 27 au 29 mai 2010 à Abidjan, Côte d’Ivoire, l’administrateur Frédéric Korsaga s’est entretenu, le 20 mai 2010 à Tunis avec l’équipe de communication.

Categories: Burkina Faso, Cape Verde, Comoros, Mali, Gabon, Niger, Senegal, Chad, Benin, Côte d’Ivoire

20/05/2010 - The Board of Directors of the African Development Bank (AfDB) Group, through its private sector window, approved on Wednesday, 19 May 2010 in Tunis a senior loan of EUR 15 million to Cabeólica wind power project in Cape Verde.

Categories: Cape Verde, Energy & Power

20/05/2010 - The African Development bank (AfDB) Group Board of Directors met on Wednesday, 19 May 2010 in Tunis and approved over USD 313 for five operations. Under the approvals Liberia will received USD 39.40 million comprising an ADF grant and a Fragile States Facility (FSF) grant: to finance the country’s urban water supply and sanitation project. The provision of water supply and sanitation on a sustainable basis to rural and urban dwellers in Liberia constitutes a priority development objective for the government, which significantly contributes to the fight against poverty and disease.

Categories: Liberia, Burundi, South Africa, Cape Verde, Economic & Financial Governance, Fragile States Facility, Water Supply & Sanitation, Energy & Power, Agriculture & Agro-industries

30/04/2010 - Cape Verde, with little natural resources, goes against all odds in Africa by becoming the first case of “policy induced graduation” on the continent, as opposed to natural resources driven graduation. A resource-poor country characterized by an arid Sahelian climate and little arable land has witnessed steady rising living standards and is on the way to achieve most of the Millennium Development Goals (MDGs).

Categories: Cape Verde, Financial Crisis, Middle Income Countries

28/04/2010 - On his first official visit to Cape Verde from 27-30 April 2010, the African Development Bank (AfDB) Group President, Donald Kaberuka, commended the country on being “the first case of a policy induced graduation” from low- to middle-income status.

Categories: Cape Verde, Financial Crisis, Middle Income Countries