News & Events

07/10/2011 - We offer our hearty congratulations to President Johnson Sirleaf, Ms. Gbowee and Ms. Karman and encourage them to keep up their fine work.

Categories: Liberia, Gender, President's Corner

15/08/2011 - The Liberian government’s efforts to accelerate economic growth and reduce poverty received a boost on 11th August 2011 with the signing of two USD 56-million (UA 35 million) grant agreements to improve public financial management and infrastructure maintenance capacity in public works.

Categories: Liberia, Economic & Financial Governance

22/06/2011 - The Board of Directors of the African Development Bank (AfDB) Group on Tuesday approved a USD 48-million budget support grant to finance Liberia’s Economic Governance and Competitiveness Support Program. The grant is provided from the Bank’s Fragile State Facility.

Categories: Liberia, Fragile States Facility

09/03/2011 - “The Bank is leading efforts to provide jobs in fragile and post crisis situations. It is commonly known that reduced poverty among youth and unemployed will contribute directly to stability and peace and pave the way for a participatory process in state building”, affirms Sunita Pitamber, Fragile States Unit Head.

Categories: Liberia, Fragile States Facility, Poverty Reduction

20/12/2010 - The African Development Bank (AfDB), the West African Monetary Institute (WAMI), and the Central Bank of Liberia (CBL), have successfully launched the West African Monetary Zone (WAMZ) Payments System Development Project in Liberia financed through a supplementary grant of UA5 million (USD 7.6 million).

Categories: Liberia, Economic & Financial Governance

10/11/2010 - The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, approved on Tuesday, 9 November 2010 in Tunis, a USD 7.8-million (UA 5 million) grant to the West African Monetary Institute (WAMI), to cover the additional cost arising from the extension of the institute’s project to Liberia.

Categories: Liberia, Guinea, Sierra Leone, Gambia, Economic & Financial Governance

06/10/2010 - The Boards of Directors of the African Development Bank (AfDB) Group on Wednesday, 6 October 2010 approved a debt relief package for Liberia, noting that the country had effectively met the conditions and requirements under the Heavily Indebted Poor Countries (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI).

Categories: Liberia

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

19/05/2010 - The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, approved on 19 May 2010 in Tunis, a grant of UA 24.63 million, equivalent to 37.22 million USD, and a Fragile State Facility grant of UA 1.46 million (equivalent to 2.21 million USD) to finance an urban water supply and sanitation project in Liberia.

Categories: Liberia, Fragile States Facility, Water Supply & Sanitation