Loans & Grants
22/05/2012 - The Board of Directors of the African Development Bank Group (AfDB) approved on 16 May in Tunis, an equity investment of USD 100 million to Agvance Africa, the first agribusiness-focused Fund of Funds on the African continent. The strategic objective of Agvance Africa is to increase private investment flows into the agribusiness sector on the continent to address growing food security concerns and unleash the largely unexploited potential of African agriculture and agribusiness sectors.
Categories: Private Sector Development, Agriculture & Agro-industries, Fund for African Private Sector Assistance, Board of Directors
16/05/2012 - The Boards of Directors of the African Development Bank Group today in Tunis approved the equivalent of USD 436 million for the financing of Morocco’s power project, and two other investments in Africa. The first approval is an AfDB loan of Euro 168 million and USD 100 million Clean Technology Fund concessionary loan to finance the first phase of the Ouarzazate solar power station in Morocco.
Categories: Morocco, Energy & Power, Board of Directors
20/12/2011 - The Board of Directors of the African Development Bank (AfDB) Group approved an African Development Fund (ADF) loan of USD 155.2 million to the United Republic of Tanzania on 16 December 2011. The loan will help support private sector reform and economic governance within the framework of the Governance and Economic Competitiveness Support Programme. The African Development Fund is the AfDB Group’s concessional or ‘soft loan’ arm.
Categories: Tanzania, Private Sector Development, Board of Directors
23/11/2011 - The Board of Directors of the African Development Bank (AfDB) has approved on 23 November a USD 20 million line of credit over 10 years to Housing Finance Bank Limited (HFB) Uganda to support residential and commercial real estate development aimed at benefiting low and medium income earnings through decent housing, as well as small and medium enterprises through commercial property and office space.
Categories: Uganda, Economic & Financial Governance, Private Sector Development, Board of Directors
05/05/2011 - The African Development Fund Board has approved a USD 64.8 million loan to Uganda to finance the country third Community Agricultural Infrastructure Improvement Programme (CAIIP-3).
Categories: Uganda, Agriculture & Agro-industries, Board of Directors
08/04/2011 - Le Conseil d’administration du Groupe de la Banque africaine de développement (BAD) a conclu, lors de sa séance de ce jour, que la République démocratique du Congo (RDC) a rempli les conditions et les exigences requises pour bénéficier d’un allègement irrévocable de sa dette dans le cadre de l’Initiative en faveur des pays pauvres très endettés (PPTE).
Categories: Democratic Republic of Congo, Board of Directors
08/04/2011 - In an effort to strengthen the quality of its direct on-the-ground support to regional member countries, the African Development Bank (AfDB) Board of Directors today approved a roadmap for decentralization of its operations over the next five years. The exercise revolves around three key pillars: strengthening the Bank’s existing field offices, expanding its presence in fragile states, and consolidating regional capacity.
Categories: Fragile States Facility, Regional Integration, Country & Regional Programs & Policy, Board of Directors
08/04/2011 - The project will generate roughly 960,000 tons of sugarcane per year that will be used to produce 83,000 cubic meters (83 million liters) of anhydrous ethanol for export and possibly domestic consumption; and 165 Giga-Watt hour (GWh) of electricity of which roughly 100 GWh will be delivered to the domestic market.
Categories: Sierra Leone, Energy & Power, Private Sector Development, Climate Change, Board of Directors
07/04/2011 - The Board of Directors of the African Development Bank (AfDB) has unanimously approved a new framework for boosting the effectiveness of the Bank’s lending. Adopted at a time when economic growth has yet to be translated to meaningful poverty reduction and jobs for Africa’s rapidly expanding population, the roadmap goes beyond the mechanics of aid delivery targeted by the Paris Declaration to commit the Bank to multiple actions designed to accelerate regional member countries’ achievement of their development potential.
Categories: Quality Assurance & Results, Quality Assurance & Results Dept (ORQR), Board of Directors
30/01/2008 - Micro-enterprises and SMEs in the Democratic Republic of Congo (DRC) will benefit from an equity investment of US$ 1.1 million in Advans Bank of Congo (ABC) and a technical assistance grant of Euros 650,000, approved by the Board of Directors of the AfDB.
Categories: Democratic Republic of Congo, Board of Directors
