Loans & Grants
24/10/2013 - Farmers in the North-Western region of Cameroon will benefit from a loan and a grant amounting to US$25.70 million (UA 16,800 million) approved by the African Development Bank’s Board of Directors to help finance the Grassfield Rural Infrastructure and Participatory Development Support Project, Phase II
24/10/2013 - The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, 23 October 2013 in Tunis approved a combination of one loan and two grants amounting to US$ 67.19 million to finance the Oueme Valley Agricultural Infrastructure Support Project (PAIA-VO) in Benin.
18/10/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Friday, October 18 a US $12.5-million equity investment in the Kibo Fund II. This contribution will allow the Fund to provide access to finance and capacity building to an underserved market of outward-looking small and medium enterprises (SMEs) and mid-market African firms, particularly in low-income and fragile states within various sectors in Africa, thereby boosting income generation and job creation.
18/10/2013 - The African Development Bank (AfDB) and VoLo signed on Friday, October 18 a grant agreement amounting to US $284,472 to facilitate financial inclusion and improve the efficiency of micro, small and medium-sized enterprises (MSMEs) financing in Senegal and The Gambia through the piloting of an innovative technology-based solution for collecting and disseminating credit information on MSMEs to prospective creditors. This innovative project will enhance the region’s financial structures by improving credit information, thereby ultimately fostering access to lending for local entrepreneurs.
11/10/2013 - The Board of Directors of the African Development Bank Group on Wednesday, October 9, 2013, approved a grant of US $7.5 million to finance the COMESA-EAC-SADC Tripartite Capacity Building Programme (TCBP).
10/10/2013 - Burkina Faso will receive a US $50.66 million (UA 33.02 million) grant to finance a drainage and solid waste management project in the outlying districts of Ouagadougou. The sub-project was approved by the African Development Bank Group on Wednesday, October 9, 2013 in Tunis.
10/10/2013 - The Board of Directors of the African Development Bank Group on Wednesday, October 9, 2013 approved a €15-million general budget support loan for Cape Verde, to help the country finance its Public Corporate Governance and Investment Promotion Support Programme (PAGEPPI).
10/10/2013 - The African Development Bank Group approved on Wednesday, October 9 a US $75.5 million (UA 50 million) soft loan for Mali to help the country finance a drinking water supply project in Bamako. The project aims to produce an additional 144, 000 cubic metres of drinking water per day from Kabala locality to be supplied to the capital, Bamako.
10/10/2013 - The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, approved on 9 October 2013,a grant amounting to UA 2.98 million (about US$ 4.6 million), to finance the Public Finance Management (PFM) Institutional Support Project in Malawi.
09/10/2013 - Le Conseil d’administration du Groupe de la Banque africaine de développement (BAD) a approuvé le 7 octobre à Tunis le financement par le Fonds africain de développement (FAD) de l’étude du projet d’interconnexion des réseaux électriques du Cameroun et du Tchad.