07/07/2014 - The Board of Directors of the African Development Bank (AfDB) Group approved on June 26 a 7-year, non-sovereign guarantee, USD 75 million corporate loan to the Entreprise Tunisienne d’Activités Pétrolières (ETAP), the Tunisian state-owned oil and gas exploration and production company, to finance part of the South Tunisian Gas Project (STGP)/ Nawara project.
30/06/2014 - The Board of the African Development Bank (AfDB) approved on June 27th the creation and management of a pilot Africa Climate Technology Finance Center and Network (ACTFCN) for a three-year period to support the deployment and scaling-up of both climate change mitigation and adaptation technologies.
Categories: Climate Change, Energy & Power, Environment, Private Sector, Information & Communication Technology, Water Supply & Sanitation, Agriculture & Agro-industries, Global Environment Facility (GEF), Sustainable Energy for All (SE4ALL), Sustainable Energy Fund for Africa
26/06/2014 - The Board of Directors of the African Development Bank (AfDB) has approved a Framework Technical Cooperation Agreement (FTCA) between the AfDB and the Government of the United Kingdom. Under this agreement, the United Kingdom will donate two million GBP (US$ 3.35 million) in untied funds to AfDB over a five-year period. This donation will cover all cooperation activities of a technical assistance nature between the two partners.
25/06/2014 - The Board of Directors of the African Development Bank (AfDB) approved on 25 June, 2014 a US$ 116.7 million loan to the Mauritius Central Electricity Board (CEB), the state owned electricity utility, for the redevelopment of the Saint Louis Power Plant. The Saint Louis Power Plant Redevelopment Project, which has a total cost of US$ 129.7 million, aims to increase the firm generating capacity of the CEB so as to maintain reliability of supply, reduce environmental impacts and stabilize the electricity supply.
25/06/2014 - On 23 June 2014, The Board of Directors of the African Development Bank (AfDB) approved a senior loan of USD 142 million, including a USD 41.5 million concessional financing from the Clean Technology Fund (CTF), to finance the construction of the 100 MW concentrated solar power (CSP) plant XiNa in South Africa. The XiNa Solar One project is the first renewable energy Independent Power Producer (IPP) and the first private sector Clean Technology Fund (CTF) that the AfDB has financed in South Africa.
24/06/2014 - Le Conseil d’administration de la Banque africaine de développement (BAD) a approuvé le 23 juin à Tunis, le document d’assistance intérimaire à la transition 2014-2016 de la République centrafricaine (RCA).
23/06/2014 - The Board of Directors of the African Development Bank Group (AfDB) approved on 23 June 2014 in Tunis a US$22 million grant from its Fragile States Facility for the Jiji and Mulembwe Hydroelectric Plant Project in Burundi. Representing the largest investment in Burundi in the post-war period, the project is also one of the largest investments made in the country’s energy infrastructure since the 1980s.
23/06/2014 - On 23 June 2014, The Board of Directors of the African Development Bank (AfDB) approved funding of 12 million Units of Account (approximately 19 million dollars) for the Republic of Guinea. This sum will be taken from the resources of the African Development Fund (ADF) and will contribute to financing the second phase of the Economic and Financial Reforms Support Programme (PAREF-II).
20/06/2014 - Le Conseil d’administration de la Banque africaine de développement (BAD) a approuvé le mercredi 18 juin 2014 à Tunis, un projet de fourniture de services durables d’eau et d’assainissement de la municipalité d’Ezulwini au Swaziland dont l’objectif est de promouvoir la croissance inclusive, en prenant en compte les populations des zones rurales, urbaines et périurbaines.
19/06/2014 - Le Conseil d’administration de la Banque africaine de développement (BAD) a approuvé le 13 juin 2014 à Tunis, un projet de bitumage de l’axe Kyabe-Kingako au Tchad. Le montant du financement de cette importante infrastructure est de 80 millions 300 mille unité de compte (UC), soit environ 123 millions 700 mille dollars.