Loans & Grants

26/09/2011 - Eskom and the African Development Bank (AfDB) today signed two loan agreements for a total value of USD365 million that will enable the first large-scale implementation of renewable wind and solar generation in Eskom’s history.

Categories: United States of America, South Africa, Energy & Power, Climate Change, Private Sector Development, President's Corner

06/06/2011 - The financial package includes a loan of USD 265 million approved by the AfDB’s Board of Directors on 30 May 2011, as well as a USD 100 million concessional loan from the Clean Technology Fund. The financial package will support South Africa’s national electricity utility, Eskom, in implementing a USD 1.3 billion renewable energy project introducing concentrated solar power to sub-Saharan Africa and the first utility-scale wind power plant to South Africa.

Categories: South Africa, Private Sector Development

19/05/2011 - The Board of Directors of the African Development Bank (AfDB) Group through its private sector window approved on Wednesday, a €150-million senior loan to finance the Kalagadi manganese mining project; the Bank’s first mining beneficiation and industrial project in South Africa.

Categories: South Africa, Infrastructure, Private Sector Development

06/04/2011 - The Board of Directors of the African Development Bank (AfDB) today approved the 2011-2012 Regional Integration Strategy Paper for Southern Africa. Regional integration is one of the organisation’s priorities, , as reflected in its 2008-2011 Medium-Term Strategy, its Strategic and Operational Framework for Regional Operations and the its 2009-2012 Regional Integration Strategy.

Categories: Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Zambia, Zimbabwe, Transport, Information & Communication Technology, Regional Integration, Energy & Power

25/06/2010 - The Board of Directors of the African Development Bank (AfDB) approved today, 23 June 2010, a senior loan up to USD 400 million as a contribution to the financing of Transnet’s five-year R93.4 billion Capital Investment Program (Investment Program).

Categories: South Africa, Infrastructure

20/05/2010 - The African Development bank (AfDB) Group Board of Directors met on Wednesday, 19 May 2010 in Tunis and approved over USD 313 for five operations. Under the approvals Liberia will received USD 39.40 million comprising an ADF grant and a Fragile States Facility (FSF) grant: to finance the country’s urban water supply and sanitation project. The provision of water supply and sanitation on a sustainable basis to rural and urban dwellers in Liberia constitutes a priority development objective for the government, which significantly contributes to the fight against poverty and disease.

Categories: Liberia, Burundi, South Africa, Cape Verde, Economic & Financial Governance, Fragile States Facility, Water Supply & Sanitation, Energy & Power, Agriculture & Agro-industries

19/05/2010 - Tunis, 19 May 2010- The Board of Directors of the African Development Bank (AfDB) Group, through its private sector window, approved on Wednesday, 19 May 2010 in Tunis a line of credit of USD 200 million to the Industrial Development Corporation of South Africa (IDC).

Categories: South Africa, Agriculture & Agro-industries, Infrastructure

26/11/2009 - The African Development Bank (AfDB) has approved €1.86 billion (UA 1.70 billion) loan for South Africa’s energy utility company, Eskom Holdings Limited, to finance a power project that will significantly boost the energy capacity of South Africa and the southern African region.

Categories: South Africa, Energy & Power, Financial Crisis, President's Corner

12/03/2009 - The Board of Directors of the African Development Bank (AfDB) Group on Wednesday in Tunis approved a loan of US$ 25 million for the New Dawn Satellite Project.

Categories: Mauritius, South Africa, Information & Communication Technology

05/07/2007 - IFC, the private sector arm of the World Bank Group, and the African Development Bank (AfDB) will subscribe to a R2 billion Tier ll capital qualifying bond issued by Nedbank, the three institutions announced today.

Categories: South Africa, Private Sector Development