Loans & Grants
19/10/2016 - The Board of Directors of the African Development Bank (AfDB) Group has approved an eight-year US $40-million corporate loan to the Afe Babalola University (ABUAD) in Ado Ekiti (Nigeria), to finance part of the university’s expansion plan. The project will make ABUAD a centre of excellence for tertiary education in Africa, expanding access to high-quality education to over 10,000 students per year.
12/10/2016 - The Board of Directors of the African Development Bank Group (AfDB) has approved a Senior Loan of ZAR 570 million to South Africa’s Housing Investment Partners Trust 2 -HIP2), also known as Vulumnyango Trust, to help finance affordable housing programmes in the country. The loan will help improve access to long-term affordable housing finance to South Africa’s lower-middle income earners currently with limited opportunities to access affordable mortgages.
15/07/2016 - The African Development Bank has approved a USD 104 million loan to the Government of Ethiopia for a project which will sustainably extend power to industries, small businesses to enhance job creation and improve access to basic services in the country’s Tigray and Afar regions.
14/07/2016 - Le Conseil d’administration du Groupe de la Banque africaine de développement (BAD) a approuvé, le 13 juillet 2016 à Abidjan, en faveur de la Guinée, deux dons et deux prêts d’un montant total de 14,73 millions de dollars américains pour le financement de la troisième phase du Programme d’appui aux réformes économiques et financières (PAREF III).
14/07/2016 - Le Conseil d’administration de la Banque africaine de développement (BAD) a approuvé, le 13 juillet 2016 à Abidjan, un prêt de 157 millions de dollars EU, destiné soutenir le Programme d’appui au renforcement de la stabilité et de l’inclusion financière (PARSIF) au Maroc.
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.
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 countries – The Gambia, 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
17/09/2015 - The African Development Bank Group (AfDB) has approved a loan of US $211-million to help address the urgent need for improved water and sanitation in the city of Arusha in Tanzania. The sum represents 90% of the cost of the Tanzanian Government program to alleviate the threat of major environmental and health issues and improve the quality of life for Arusha inhabitants.
16/07/2015 - The Board of Directors of the African Development Bank Group (AfDB) has approved a US $193-million Bank loan and a US$ 50-million loan from Africa Growing Together Fund (AGTF), to support the rehabilitation of the Chinsali-Nakonde road, a section of the North-South Corridor in Zambia, connecting Tanzania.