Loans & Grants

04/03/2013 - The African Development Bank (AfDB) and the Investment and Development Bank of the Economic Community of West African States (EBID) signed today a grant agreement amounting to US $950,000 to strengthen the EBID institutional capacities. The signing ceremony, held during the inauguration of the AfDB national office in Togo, was chaired by Serge N’Guessan, AfDB Resident Representative in Togo, and Bashir Ifo, EBID President.

Categories: Togo, Private Sector Development, Fund for African Private Sector Assistance

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

22/11/2011 - The African Development Bank (AfDB) and finance company, Mauritania Leasing, signed an agreement on 15 November in Dakar for a grant of USD 365,000 provided by the Fund for African Private Sector Assistance (FAPA) to help finance small and medium-sized enterprises in the country.

Categories: Mauritania, Fund for African Private Sector Assistance, Private Sector Development

17/11/2011 - The African Development Bank (AfDB) and the Bank of Kigali today signed a USD 12 million line of credit and a USD 500,000 grant agreement for technical assistance from the Fund for African Private Sector Assistance (FAPA). The AfDB’s line of credit will improve the Bank of Kigali’s liquidity and improve its ability to support key economic sectors, such as infrastructure, manufacturing, agri-business and tourism.

Categories: Rwanda, Economic & Financial Governance, Private Sector Development, Fund for African Private Sector Assistance