Loans & Grants
18/10/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Friday, October 18 a US $12.5-million equity investment in the Kibo Fund II. This contribution will allow the Fund to provide access to finance and capacity building to an underserved market of outward-looking small and medium enterprises (SMEs) and mid-market African firms, particularly in low-income and fragile states within various sectors in Africa, thereby boosting income generation and job creation.
05/04/2013 - As of the 31st of March 2013, the Global Environment Facility’s Least Developed Countries Fund (LDCF) has granted USD 18.6 million to be channeled by the African Development Bank (AfDB) to Sierra Leone, Uganda and Mauritania for project concepts to help climate-proof their water sectors. This work is regarded as a critical element of these countries’ moves toward climate-resilient poverty reduction and sustainable development.
14/03/2013 - The Board of Directors of the African Development Bank Group (AfDB) approved on Wednesday, March 13, a loan in the amount of US $144.89 million in support of the Uganda road sector.
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, ADF
05/12/2012 - The Board of Directors of the African Development Bank, on November 21, approved the Uganda Support to Higher Education, Science and Technology Project, a key Human Development operation that will contribute to the economic and social transformation of Uganda and the East African sub-region. In line with Uganda’s National Development Plan for 2011-2015, the project aims to turn the country into a regionally competitive industrial economy by 2025 by developing skills and investing in science and technology.
18/01/2012 - The African Development Bank and the Government of Uganda signed two separate agreements on 12 January to finance projects to improve health services delivery and access to water and sanitation in both urban and rural areas of Uganda, with a total investment of USD 155.8 million. This double deal is expected to boost the country’s efforts to meet the 2015 Millennium Development Goals for health, water and sanitation.
18/01/2012 - Kampala residents in Uganda will gain access to better healthcare with the implementation of the Mulago Hospital service delivery improvement project co-financed by the African Development Bank (AfDB) Group to the tune of USD 98.8 million.
12/01/2012 - Up to 2.4 million people in rural areas and small towns across Uganda should have improved access to water supply and sanitation by 2016. This follows the African Development Bank (AfDB) signing on 11 January of USD 67 million package to finance the implementation of Uganda’s Water and Sanitation Programme. The project aligns with Uganda’s national goal to increase access to water supply and sanitation services, to achieve 100 percent coverage by 2035.
23/11/2011 - The Board of Directors of the African Development Bank (AfDB) has approved on 23 November a USD 20 million line of credit over 10 years to Housing Finance Bank Limited (HFB) Uganda to support residential and commercial real estate development aimed at benefiting low and medium income earnings through decent housing, as well as small and medium enterprises through commercial property and office space.
24/10/2011 - The African Development Bank (AfDB) has approved funds totaling USD 124.3 million for ground-breaking ‘Centers of Excellence’ in higher education in Mali, Uganda and Rwanda.