News & Events
23/11/2011 - In the coming year, pilot countries of the Climate Investment Fund’s (CIF) “Forest Investment Program” (FIP), including Burkina Faso, Ghana and the Democratic Republic of Congo, can expect to see additional support for their REDD+ activities in the form of a Dedicated Grant Mechanism for Indigenous Peoples and Local Communities. The proposed design of the mechanism was approved by the FIP Trust Fund Committee at the CIF Governing Bodies Meetings from 31 October to 4 November 2011 in Washington, D.C.
Categories: Ghana, Burkina Faso, Democratic Republic of Congo, Climate Change, Climate Investment Funds (CIF)
11/11/2011 - Agriculture has been identified as a priority sector for economic growth and poverty reduction in the Democratic Republic of Congo. To this effect, a grant for a Rural Infrastructure Development Support Project approved on 11 November 2011 in Tunis by the Board of Directors of the African Development Bank (AfDB) Group, will enhance the government’s effort to improve food security and poverty reduction.
Categories: Democratic Republic of Congo, Infrastructure, Poverty Reduction
28/04/2011 - The Board of Directors of the African Development Bank (AfDB) today approved its 2011-2015 Regional Strategy for Central Africa. The strategy is designed to reduce poverty through infrastructure development as well as institutional and human capacity building.
Categories: Cameroon, Central African Republic, Chad, Democratic Republic of Congo, Congo, Equatorial Guinea, Gabon, São Tomé & Príncipe, Angola, Burundi, Regional Integration
08/04/2011 - Le Conseil d’administration du Groupe de la Banque africaine de développement (BAD) a conclu, lors de sa séance de ce jour, que la République démocratique du Congo (RDC) a rempli les conditions et les exigences requises pour bénéficier d’un allègement irrévocable de sa dette dans le cadre de l’Initiative en faveur des pays pauvres très endettés (PPTE).
Categories: Democratic Republic of Congo, Board of Directors
31/03/2011 - The Oversight Committee of the Governance Trust Fund met for the first time this week. The meeting was held under the chairmanship of Mr. Kamal El Kheshen, Vice President for Sector Operations, and took place at the AfDB’s Temporary Relocation Agency in Tunis.
Categories: Tunisia, Democratic Republic of Congo, Senegal, Mauritania, Malawi, Sudan, Ethiopia, Sector Operations, Board of Directors
22/12/2010 - In line with the African Development Bank (AfDB) Group’s 2008-2012 Medium-Term Strategy which has transport as one of its core intervention areas in the Regional Member Countries, the institution’s Boards approved USD 806.1 million loans and grants to finance a number of national and multinational transport infrastructure and related project on the continent in the past two months
Categories: Morocco, Kenya, Ghana, Congo, Central African Republic, Democratic Republic of Congo, Chad, Infrastructure, Transport
21/12/2010 - In line with its strategy to boost energy infrastructure to accelerate Africa’s development, the African Development Bank (AfDB) Group approved over USD 1 billion in energy projects across the continent during the last few weeks of 2010.
Categories: Egypt, Ethiopia, Kenya, Tanzania, Democratic Republic of Congo, Energy & Power
09/11/2010 - The African Legal Support Facility (ALSF) will provide a USD 500,000 grant to fund services of a reputable international law firm in connection with the dispute between the government of the Democratic Republic of Congo (DRC) and a renowned vulture fund, FG Hemisphere. The ALSF Acting Director, Mamoudou Deme, revealed his institution’s support to DRC, on Tuesday, 9 November 2010 in Tunis, following the grant’s approval by the ALSF Board on 8 November 2010.
Categories: Democratic Republic of Congo, African Legal Support Facility
21/10/2010 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday 20 October 2010 in Tunis, a USD 15-million equity investment in Catalyst Fund, a 10-year multi-sector private equity based in Kenya primarily covering the East Africa Community (EAC) as well as DRC, Ethiopia and Zambia. The target market has a population of 280 million, with a USD 126 billion combined GDP.
Categories: Kenya, Ethiopia, Democratic Republic of Congo, Zambia, Private Sector Development
28/09/2010 - Le conseil d’administration du Fonds africain de développement (FAD), guichet concessionnel du Groupe de la BAD, a approuvé, le lundi 27 septembre 2010, un don de 88,6 millions d’unités de compte*, soit l’équivalent de 137,43 millions de dollars américains à la République démocratique du Congo (RDC) pour financer le projet prioritaire de sécurité aérienne.
Categories: Democratic Republic of Congo, Infrastructure
