Approvals

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05/04/2013 - The African Development Bank’s (AfDB) Board of Executive Directors on April 3, 2013 approved an African Development Fund (ADF) grant of USD $ 25.7 million and an ADF loan of USD 12.6 million for a Skills, Employability and Entrepreneurship Program (SEEP) in Rwanda.

Categories: Rwanda, Economic & Financial Governance, Human and Social Development, Youth


28/02/2013 - The Board of Directors of the African Development Bank Group approved Wednesday in Abidjan, Côte d’Ivoire, a loan of US $300 million to finance the Transport Sector and Economic Governance Reform Program and the Nigeria Country Strategy Paper (CSP) for the period 2013-2017.

Categories: Côte d’Ivoire, Nigeria, Economic & Financial Governance, Transport


26/02/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, February 20 a Trade Finance package of US $200 million comprising an unfunded risk-sharing facility and a trade facilitation loan, to support Ecobank Transnational Incorporated’s (ETI) trade finance activities in Africa. The AfDB’s support will enable Ecobank to enhance its trade finance confirmation capabilities, avail medium-term liquidity support to ETI’s subsidiaries to provide appropriate trade finance to African small and medium enterprises (SMEs) and local corporates, and demonstrate appetite for Africa risk.

Categories: Private Sector Development, Economic & Financial Governance


26/02/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, February 20 an unfunded US $200-million Risk Participation Agreement (RPA) with Standard Chartered Bank (SCB). The facility will help address critical market demand for trade finance in Africa by providing support for trade in vital economic sectors such as agribusiness and manufacturing. Moreover, it will foster financial sector development, regional integration, and contribute to government revenue generation.

Categories: Private Sector Development, Economic & Financial Governance


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


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


16/01/2013 - The Board of Directors of the African Development Bank (AfDB) has approved today a line of credit of 13 million euros to support small and medium enterprises and industries (SME/SMI) in Niger.

Categories: Niger, Private Sector Development, Economic & Financial Governance


20/12/2012 - The Board of Directors of the African Development Bank approved two AFD financial support loans and grants amounting USD 76,5 million to the Ghana – Rural Enterprises Programme III (REPIII).

Categories: Ghana, Economic & Financial Governance


20/12/2012 - The Board of Directors of the African Development Bank Group approved an ADF project in the amount of USD 10,744 million for the support project to the institutional capacity building of the Economic Community of Central African States (ECCAS).

Categories: Economic & Financial Governance


20/12/2012 - The Board of Directors of the African Development Bank (AfDB) granted, on December 19th 2012, a loan in the amount of USD 3 million to Comoros to support the energy sector reforms, particularly, the electricity sub-sector and financial governance.

Categories: Comoros, Energy & Power, Infrastructure, Economic & Financial Governance


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