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06/12/2012 - The Executive Directors of the African Development Bank (AfDB) Group on Wednesday approved the institution’s Information Technology Strategy 2013-2015 and the Bank Group’s Participation in the Middle East and North Africa (MENA) Transition Fund.

Categories: Zimbabwe, Mozambique, Burundi, Kenya, Rwanda, Tanzania, Uganda, Egypt, Libya, Morocco, Tunisia, Information & Communication Technology, Economic & Financial Governance, Transport, Infrastructure


13/07/2011 - The Board of Directors of the African Development Bank (AfDB) has approved a €20-million equity investment in the Maghreb Private Equity Fund III (MPEF III). This third-generation multi-sector private equity fund will target investments in Small and Medium Enterprises in Morocco, Algeria, Tunisia, Libya and, according to emerging investment opportunities, Egypt.

Categories: Algeria, Egypt, Libya, Morocco, Tunisia, Infrastructure, Private Sector Development


23/12/2010 - A USD 550-million African Development Bank (AfDB) Loan, approved on 15 December 2010, will help Egypt build a new 650-MW power plant.

Categories: Egypt, Energy & Power


16/06/2010 - The African Development Bank (AfDB) Group has taken a major step in its efforts to improve the way it does business by strengthening the institution’s Independent Review Mechanism (IRM), to ensure that people benefit fully from projects and programmes financed by the institution

Categories: Uganda, Ethiopia, Egypt


11/02/2010 - The Fund for African Private Sector Assistance (FAPA) is a component of the Enhanced Private Sector Assistance Initiative (EPSA), a billion-dollar joint initiative of Japan and the AfDB to promote private sector development in Africa. The FAPA trust fund provides untied grants for studies, technical assistance and capacity building for private sector projects and African institutions.

Categories: Japan, Egypt, Central African Republic, Private Sector Development, Enhanced Private Sector Assistance for Africa: EPSA Initiative, African Financial Markets Initiative (AFMI)


14/01/2010 - Meeting in a regular session on Wednesday, January 13, 2010, in Tunis, the Boards of Directors of the African Development Bank (AfDB) Group approved a loan of USD 70 million and a grant of UA 600,000 to finance projects in Egypt’s agricultural sector, as well as a UA 23.31 million African Development Fund (ADF) grant to Togo, equivalent to USD 36,6 million.

Categories: Togo, Egypt, Rural Water Supply & Sanitation Initiative


11/11/2009 - The African Development Bank signed today a loan agreement at the Ministry of International Cooperation, with Minister Fayza Aboul Naga, Minister of International Cooperation. The Regional Director, Mr. Jacob Kolster signed on behalf of the Bank, and the Bank’s Resident Representative in Egypt, Mr K. C. Khushiram, was also present.

Categories: Egypt, Water Supply & Sanitation


07/10/2009 - The Board of Directors of the African Development Bank (AfDB) Group approved on Wednesday, 7 October 2009 in Tunis, a loan of Euro 53.33 million, equivalent to 48.56 million Units of Account (UA) to finance the Gabal El Asfar Waste-water Treatment Plant (GAWWTP) Project in Cairo, Egypt.

Categories: Egypt, Water Supply & Sanitation


28/05/2009 - Mandla Gantsho, Vice President in charge of Infrastructure, Private Sector and Regional Integration and H.E. Ahmed Ismail, Ambassador of Arabic Republic of Egypt in Tunisia, signed today a loan agreement for up to USD 40 million to finance the Franchising Sector Support Program in Egypt.

Categories: Egypt, Private Sector Development


AfDB and Egypt Sign US$ 450 million Power Project Agreement

16/03/2009 - Tunis, 15 March 2009 - The African Development Bank (AfDB) Group affirmed its support to a major power project in Egypt on Sunday, 15 March 2009 in Cairo, with the signing of a US$ 450 million loan agreement for the construction of a 1300 MW (2x650 MW) steam turbine power plant near Ain Sokhna seaport on the Gulf of Suez.

Categories: Egypt, Energy & Power


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