Loans & Grants
08/11/2013 - The African Water Facility (AWF) signed a €1 million grant in favour of the Ghanaian NGO Training, Research and Networking for Development (TREND) to support an innovative sanitation scheme. The project, which is a tripartite collaboration among TREND, Safi Sana Ghana Limited and the Ashaiman Municipal Assembly, is designed to turn waste into bio-fertilizer and energy, whilst providing affordable and sustainable sanitation services for the unsewered urban poor communities of Ashaiman district of Accra.
01/10/2013 - With African Development Bank (AfDB) support, Ghana has received $9.75 million approval from the Climate Investment Funds’ (CIF) Forest Investment Program (FIP) to undertake the Engaging Local Communities in REDD+/Enhancement of Carbon Stocks (ELCIR+) project. The ELCIR+ project will help reduce deforestation and forest degradation, increase carbon stocks and reduce poverty by engaging communities in land management approaches that generate financial and environmental benefits for them.
26/06/2013 - The Board of Directors of the African Development Bank (AfDB) approved on 26 June 2013 a senior loan of USD 80 million in local currencies for OLAM Africa Investment Program (OAIP) to deepen the integration of OLAM Group’s agricultural value chain by investments in processing of wheat and palm oil in Africa. The program includes five sub-projects in Cameroon, Ghana, Mozambique and Senegal.
19/06/2013 - Dr. Donald Kaberuka, President of the African Development Bank (AfDB), and Prof. David Malone, Rector of United Nations University (UNU), signed a Memorandum of Understanding (MOU) to foster research and knowledge exchange on sustainable development in Africa.
23/05/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Tuesday, May 22 a USD 20 million Trade Finance Line of Credit for UT Bank Ghana (UT Bank) to support the trade finance activities of Small and Medium Enterprises (SMEs) and local corporates in Ghana.
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).
21/06/2012 - The African Development Bank Group’s Board on Wednesday, approved a loan and a grant totaling USD 108 million (about UA 70 million) from African Development Fund concessionary resources to finance an industrial skills development project in Ghana.
02/03/2012 - The Board of the African Development Bank (AfDB) approved an equity investment of USD 50 million into the Carlyle Sub Saharan Africa Fund on 22February. This fund is the first investment vehicle that the US-based private equity firm The Carlyle Group has raised to pursue its geographical expansion into sub-Saharan Africa.
22/12/2010 - In line with the African Development Bank (AfDB) Group’s 2008-2012 Medium-Term Strategy which has transport as one of its core intervention areas in the Regional Member Countries, the institution’s Boards approved USD 806.1 million loans and grants to finance a number of national and multinational transport infrastructure and related project on the continent in the past two months
02/07/2010 - The grant will finance a project which will introduce a market and end-user oriented planning approach that simultaneously closes the water and nutrient loops called “Design for Reuse” in order to effectively capture the economic value of wastewater and faecal sludge nutrients to help finance, operate and maintain treatment facilities.