Approvals
22/02/2013 - The Climate Investment Funds (CIF) has announced an agreement to provide Nigeria with US $50 million to support an African Development Bank-supported program of financial intermediation for renewable energy and energy efficiency through local banks, as part of the country’s national Investment Plan endorsed by the CIF in 2010. The money, being provided under the CIF’s Clean Technology Fund (CTF), is designated to stimulate alternative and efficient ways to generate electricity and to reduce dependence on energy sources which contribute significantly to greenhouse gas emissions.
Categories: Nigeria, Infrastructure, Energy & Power, Environment, Climate Change, Climate Investment Funds (CIF)
22/02/2013 - The Climate Investment Funds (CIF) has approved a grant of US $950,000 to help Nigeria prepare for a proposed project to revamp Abuja’s mass transit system. The request for the project preparation money was submitted to the CIF by the Government of Nigeria and the African Development Bank (AfDB). This is the first time the CIF has approved a sustainable transport project preparation grant within Africa, and marks the way forward for the transport sector as part of the AfDB and CIF work to help Africa move toward low-carbon and climate-resilient development.
Categories: Nigeria, Transport, Infrastructure, Environment, Climate Change, Climate Investment Funds (CIF)
19/02/2013 - The African Development Bank (AfDB), the Economic Commission for Africa (ECA) and the African Union (AU) have, under the Climate for Development in Africa Program, undertaken a vibrant campaign for financial resources mobilization aimed at making viable the Special ClimDev-Africa Fund, a joint AU-AfDB-ECA initiative, administered by the African Development Bank. In accordance with AfDB procedures, UA 20 million (about US $30 million) were required to make this Fund operational.
Categories: Belgium, Climate Change, Environment, Climate for Development in Africa (ClimDev-Africa) Initiative
12/02/2013 - The African Water Facility (AWF) offers a €1.2 million grant to the Monrovia City Corporation (MCC) to support a project aimed at increasing access to sustainable and affordable sanitation and hygiene services to over 800,000 urban slum-dwellers in Monrovia, Liberia.
Categories: Liberia, African Water Facility, Water Supply & Sanitation, Human and Social Development
11/02/2013 - La Facilité africaine de l’eau (FAE) vient d’octroyer un don de 1.1 million d’euros au Gouvernement du Congo pour accroître l’accès à l’eau potable et l’assainissement à environ 100.000 personnes de cinq centres semi-urbains.
Categories: Congo, Water Supply & Sanitation, African Water Facility
06/02/2013 - The Sustainable Energy Fund for Africa (SEFA) has approved a US $1 million grant to finalize pre-investment activities for a hybrid renewable energy project in Nosy Be Island in Madagascar. The grant will be used to finance: (i) feasibility studies for a combination of hydro, wind and solar technologies; (ii) technical assistance to the national power utility; (iii) the transactions advisory for a Public Private Partnership. Through this intervention, the African Development Bank (AfDB) will play a catalytic role and pave the way for private investors and other financiers to work towards delivering a sustainable energy solution with huge socio-economic impacts on the island.
Categories: Madagascar, Energy & Power, Sustainable Energy Fund for Africa
05/02/2013 - La Facilité africaine de l’eau (FAE) vient d’accorder un don de 1,1 million d’euros à la municipalité de Sèmè-Podji, au Bénin pour mettre en œuvre des solutions efficaces, durables et rentables dans la gestion et l’exploitation des boues de vidange. Le projet s’inscrit dans le cadre d’un partenariat public-privé (PPP) pour la gestion des déchets, une collaboration rare dans le secteur de l’assainissement, sur le continent.
Categories: Benin, Water Supply & Sanitation, African Water Facility, Rural Water Supply & Sanitation Initiative
05/02/2013 - La BAD a alloué en janvier dernier à l’Union des Comores un don de 2 millions d’Unités de compte, soit environ 3 millions de dollars pour appuyer les réformes dans le secteur de l’énergie et de la gouvernance financière (PARSEGF).
Categories: Comoros, Human and Social Development, Economic & Financial Governance, Energy & Power
30/01/2013 - The Board of Directors of the African Development Bank (AfDB) has approved today a senior loan of US $100 million to Indorama Eleme Fertilizer & Chemicals Limited (IEFCL) to build and operate a gas to urea fertilizer plant located in Port Harcourt, Nigeria, that will serve markets in Benin, Brazil, Ghana, India, Nigeria, South Africa, the United Kingdom and the United States of America.
Categories: Nigeria, Private Sector Development, Agriculture & Agro-industries
16/01/2013 - The Board of Directors of the African Development Bank (AfDB) has approved today an equity investment of US $24 million in the East African Development Bank (EADB) to strengthen its balance sheet and contribute to improve its international credit rating.
Categories: Economic & Financial Governance, Private Sector Development
