Agreements
Displaying 1 - 20 of 415
African Development Bank Group, Lake Chad Basin Commission sign MOU to restore Lake Chad Basin
20-Feb-2024 - The African Development Bank Group and the Lake Chad Basin Commission have signed a Memorandum of Understanding to rehabilitate and restore the Lake Chad Basin.
The agreement, signed on the sidelines of the 37th African Union Summit held in Ethiopia, will mobilise financial and technical resources to improve the development and management of water resources, support livelihoods and restore peace in the region., 20-Feb-2024 -
Signing Ceremony of the Memorandum of Understanding (MoU) Between the African Development Bank Group and Lake Chad Basin Commission (LCBC)
, 20-Feb-2024 -
BEST OF: AfDB-Lake Chad Basin Commission MoU Signing Ceremony
Global Gateway: European Commission and African Development Bank Group unlock new funding for African infrastructure projects
28-Jan-2024 - On the sidelines of this week’s Italy-Africa Summit, the European Commission (EC) and the African Development Bank Group have formalised a new Financial Framework Partnership Agreement to boost investments in infrastructure projects in Africa.
The European Union’s contribution to co-finance operations with the African Development Bank has significantly increased over the last two years, now amounting to €972 million in blending operations and guarantees. This figure will further increase after the signing of the...
Cameroon: African Development Bank Group loans over EUR 73 million for construction of a bridge over the River Ntem between Campo (Cameroon) and Rio Campo (Equatorial Guinea)
30-Nov-2023 - The Board of Directors of the African Development Bank Group on 29 November 2023 granted financial support of EUR 73.44 million to Cameroon for the construction of a bridge over the River Ntem, which forms a natural boundary with Equatorial Guinea. The bridge building is part of the Regional Trade and Transport Facilitation Project for the economic corridor between Cameroon, Equatorial Guinea and Gabon.
Ethiopia and African Development Bank Group ink $84.3 million grant agreement to enhance wheat production
16-Aug-2023 - The African Development Bank Group has awarded grant funding totalling $84.3 million to Ethiopia to advance wheat production and increase farmers’ incomes.
Ethiopia’s Finance Minister Ahmed Shide and African Development Bank Group Deputy Director General for East Africa, Abdul Kamara, signed the grant agreement on 2 August 2023 for the implementation of the country’s Climate Resilient Wheat Value Chain Development Project (CREW).
Chocs climatiques : la Banque africaine de développement octroie 19,25 millions de dollars à Madagascar pour faire face aux multiples risques de catastrophes naturelles
22-Dec-2022 - Le Conseil d’administration de la Banque africaine de développement a approuvé, le 5 décembre dernier, à Abidjan, un financement additionnel de 19,25 millions de dollars américains en faveur de Madagascar pour l’aider à faire face aux chocs climatiques récurrents (sécheresse, tempêtes, cyclones).
Nigeria: African Development Bank, First City Monument Bank sign agreement for $50 million line of credit to bolster access to finance for small, medium and women-owned businesses.
04-Nov-2022 - The African Development Bank has signed an agreement with First City Monument Bank (FCMB) for a $50 million line of credit to support access to finance for small and medium-sized and women-empowered enterprises.
FCMB will use the line of credit to expand lending activities that will boost the country’s post-pandemic economic recovery and drive more inclusive and climate-resilient growth. It will focus on enterprises in Nigeria's agribusiness, manufacturing, healthcare and renewable energy sectors.
Tchad : un don de plus de 8 millions d’euros du Fonds africain de développement vise à renforcer la gouvernance économique et celle du secteur extractif
26-Sep-2022 - Le Conseil d’administration du Fonds africain de développement, le guichet concessionnel du Groupe de la Banque africaine de développement a accordé le 22 septembre, à Abidjan, un don de 8,8 millions d’euros au Tchad. Le but est de permettre au pays sahélien, producteur de pétrole de réduire sa fragilité, notamment économique qui a été accentuée par les effets de la pandémie de Covid-19 et de la guerre en Ukraine.
Le don est destiné à mettre en œuvre le Projet d’appui à la gouvernance économique et au secteur...
African Development Bank, Tanzania sign $125.2 million loan agreement to address water shortages in Dodoma region
27-Jun-2022 - The African Development Bank and the Tanzanian government have signed a $125.2 million loan agreement for a project that will help address water shortages in three districts in the country’s Dodoma region.
The Dodoma Resilient and Sustainable Water Development and Sanitation Program (Phase I) will benefit more than two million residents in the Bahi, Chemba and Chamwino districts, which have suffered droughts and recorded high population growth.
Malawi: African Development Fund signs $14.2 million grant agreement for financial digitalization initiative
10-Feb-2022 - The African Development Fund (ADF)and the government of Malawi have signed a grant agreement for $14.2 million to undertake infrastructure upgrades and create a more efficient and transparent digital payment system.
Funding for the Support for Digitalization, Financial Inclusion and Competitiveness (DFIC) project, approved last December, will be sourced from ADF, the Bank Group’s concessional financing window.
Sénégal : la Banque africaine de développement accorde un don d’un million de dollars à l’ONG Invest in Africa pour soutenir les PME
13-Dec-2021 - Le Groupe de la Banque africaine de développement et l’ONG Invest in Africa Sénégal ont signé, ce vendredi 10 décembre 2021, à Dakar, un accord de don du Fonds pour l'Afrique d'aide au secteur privé (FAPA), géré par la Banque et destiné à financer les petites et moyennes entreprises (PME). Cet accord est soutenu par une subvention du Japon dans le cadre du FAPA. D’un montant d’un million de dollars, il sera consacré au renforcement des capacités des PME/PMI, qui comprendra entre autres, la formation des PME/PMI...
Nigeria: African Development Bank Group, MTN sign $500,000 grant agreement to study women’s access to financial services
20-Oct-2021 - The African Development Bank has signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN Nigeria, to be used for a study into economic, religious, and social factors hampering access to finance for women in northern Nigeria.
The research, which includes a feasibility study, women-focused design and testing, will focus on both agents and customers to provide insights into women’s use of mobile money services, will be funded through the Africa Digital...
Cabo Verde: Banco Africano de Desenvolvimento atribui empréstimo de 20 milhões de euros para a modernização do governo electrónico e a da administração pública
22-Sep-2021 - O Conselho de Administração do Banco Africano de Desenvolvimento aprovou na quarta-feira, em Abidjan, a concessão de um empréstimo de 20 milhões de euros a Cabo Verde para financiar o Programa de Modernização do Governação Electrónica e da Administração Pública.
Uganda: African Development Bank signs $229.5 million financing agreement for the Kampala-Jinja Expressway Project
18-Mar-2021 - The African Development Bank and the Government of Uganda on Tuesday signed a $229.5 million financing agreement for the first phase of the Kampala-Jinja Expressway Project, which will cut travel time and boost trade along an important artery linking Uganda with its neighbors.
African Development Bank’s Board of Directors approves the Bank’s borrowing program for 2021
18-Dec-2020 - The 2021 Borrowing Program of the African Development Bank has been approved by the Board of Directors for up to $10.4 billion to be raised from capital markets. This program will allow the Bank to raise funds in the debt capital markets in order to help finance the Bank’s projects and programs in Africa. The approval was made on December 11,2020.
Comores : la Banque africaine de développement accorde un appui budgétaire de 20 millions de dollars pour soutenir l’économie du pays et lutter contre le Covid-19
10-Nov-2020 - Le Conseil d’administration du Groupe de la Banque africaine de développement a approuvé, vendredi 6 novembre 2020, un appui budgétaire de 20,58 millions de dollars américains en faveur des Comores pour faire face à la pandémie de Covid 19 et à ses effets sur l’économie de cet archipel situé au large des côtes d’Afrique de l’Est.
Côte d’Ivoire: Construction begins to widen Abidjan's Civil Prison Road (route de la prison civile), with €567 million in African Development Bank funding
03-Oct-2020 - The President of the Republic of Côte d'Ivoire, Alassane Ouattara, has officially launched a project to widen the Civil Prison Road, under the Abidjan Urban Transport Project (PTUA).
"This is a very important project, for which we thank the African Development Bank and its president," said Alassane Ouattara at a sod-cutting ceremony held on Saturday 3 October to launch the construction. The project will be executed over 17 months on the eastern outskirts of the Ivorian economic capital.
La Banque africaine de développement accorde 60 millions d’euros au Bénin, au Togo et à la Guinée pour lutter contre la pandémie du Covid-19
30-Jul-2020 - Le Conseil d’administration de la Banque africaine de développement a accordé, vendredi 24 juillet, à Abidjan, une aide de 60,32 millions d’euros (49,1 millions d’unités de compte) au Bénin, au Togo et à la Guinée destinée au financement du Programme multi-pays d’appui à la réponse à la pandémie de Covid-19 (PARCovid-19).
Djibouti: African Development Fund commits $41.16 million in grants to shore up COVID-19 response
24-Jul-2020 - The African Development Bank on Friday approved grants worth about $41.16 million to Djibouti to bolster the national budget in support of government efforts to mitigate national and regional impacts of the COVID-19 pandemic.
The funding will take the form of an African Development Fund grant for $4.12 million and a $37.04 million grant from the Bank’s Regional Operations Envelope. The Bank is providing the funding under its COVID-19 Response Facility.
Somalia: African Development Bank grants of $25 million will bolster budget for COVID-19 responses
24-Jul-2020 - The African Development Bank today approved grants worth $25.1 million to Somalia to bolster the national budget for government efforts to mitigate national and regional impacts of the COVID-19 pandemic.
The funding, comprised a $10.04 million grant from Pillar 1 of the Bank’s Transition Support Facility and a $15.06 million grant from the Regional Operations Envelope, comes under the umbrella of the Bank’s COVID-19 Response Facility.
Rwanda: African Development Bank commits $98 million for multisector COVID-19 response
24-Jul-2020 - The African Development Bank on Thursday approved a concessional loan of $97.675 million to Rwanda to strengthen its national budget as it works to mitigate impacts of the COVID-19 pandemic.
The funding will take the form of an African Development Fund loan, which the Bank is providing the under its COVID-19 Response Facility.