Loans & Grants
06/12/2013 - La Banque africaine de développement (BAD) et le Sénégal ont signé, le 2 décembre 2013 à Dakar, trois accords de prêts et de don, portant sur un total de 23,6 milliards de FCFA. Amadou Ba, ministre sénégalais de l’Economie et des Finances ainsi que gouverneur de la BAD pour le Sénégal, et Leila Mokaddem, représentante résidente de la BAD au Sénégal, ont cosigné lesdits accords.
05/12/2013 - On Wednesday, December 4, the Board of the African Development Bank Group approved US $28.92-million in budget support composed of a loan of UA 13.91 million and a grant of UA 4.93 million to the Government of Côte d’Ivoire, from the concessionary African Development Fund resources to finance the country’s Youth Employability and Insertion Support Programme (PAAEIJ).
05/12/2013 - On Wednesday, December 4, the Board of the African Development Bank Group approved the Strategic Framework and Operational Guidelines for the African Development Fund Partial Credit Guarantee Instrument. The guidelines seek to address the challenges faced by a well-performing country that can only access the concessional African Development Fund (ADF) resources in its quest to mobilize both domestic and external commercial financing for developmental purposes.
05/12/2013 - On Wednesday, December 4, the Board of the African Development Bank Group approved the Fully Flexible Loan Product, which was developed in response to borrower demand and embeds risk-management features currently offered through the Bank’s risk management products, including sovereign and sovereign-guaranteed loans.
Categories: Economic & Financial Governance
04/12/2013 - The Board of the African Development Bank Group on Wednesday, December 4 approved the combined Country Strategy Paper (CSP) and 2013 Portfolio Review for Côte d’Ivoire. The CSP derived inputs from the portfolio review, while taking into account the central objective of the Bank’s 2013-2022 Ten Year Strategy, particularly the Fragile States component, the expected outcomes of the 2012-2015 National Development Plan (NDP), the analysis of challenges and opportunities for Côte d’Ivoire as well as the Bank’s experience in the country.
04/12/2013 - The Boards of the African Development Bank (AfDB) on Wednesday, December 4 approved a cumulative US $4.89 billion (UA 3.188 billion) for the 2014 Borrowing Program of the AfDB Group, which includes US $199.58 million (UA 130 million) for possible draw down under the loan component of the Enhanced Private Sector Assistance (EPSA) Initiative for Africa.
04/12/2013 - The Board of Directors of the African Development Fund (ADF), the concessionary arm of the African Development Bank (AfDB) Group, approved on Tuesday, December 3 a loan of US $65.0 million and a grant of US $900,000 to Malawi, and a loan of US $7.7 million to Zambia, respectively, for a total of about US $73.6 million, for the Multinational Nacala Road Corridor Development Project Phase IV.
04/12/2013 - On Tuesday, December 3, the African Development Bank Group’s Board of Directors approved US $55.27 million for the Food Security Consolidation through Development of Irrigation Farming Project (PRESA/DCI) in Mali. The project aims at enhancing sustainable increase in agricultural output and productivity through efficient management of irrigation infrastructure and development of value chains for growth-oriented crop sectors.
04/12/2013 - The Board of Directors of the African Development Bank Group on Tuesday, December 3, approved a US $20 million African Development Fund loan for the Inclusive Private Sector Development and Competitiveness Programme (IPSDCP).
03/12/2013 - A loan agreement for the Artisanal Fisheries Support Project was signed on Monday, December 2 by Septime Martin, the African Development Bank’s Resident Representative in Angola, on behalf of the Bank and Job Graça, the Minister of Planning and Territorial Development, representing the Government of Angola.