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30/06/2016 - The African Development Bank (AfDB) and Morocco have signed a loan agreement amounting to US $134.65 million to improve social protection and inclusion in the Kingdom.

Categories: Morocco, Health, Human Capital Development, Agriculture & Agro-industries, Youth, Employment, Gender, Education, Poverty Reduction

30/06/2016 - La Banque africaine de développement et le Tchad ont signé, le 29 juin 2016, des accords de financement de plus de 39 millions d’euros, destinés à améliorer les dépenses publiques et diversifier les sources de croissance. Il s’agit de la deuxième phase du Programme d’appui aux réformes des finances publiques (PARFIP-II), qui inclut un appui budgétaire sous forme de prêt (5 millions d’euros) et de deux dons totalisant 34 millions d’euros.

Categories: Chad, Economic & Financial Governance

29/06/2016 - Le Conseil d’administration de la Banque africaine de développement (BAD) a approuvé un don du Fonds africains de développement (FAD) de 16,85 millions de dollars ; un Prêt FAD de 6,1 millions de dollars; et un don de la Facilité d’Appui à la Transition (FAT) de 21,3 millions de dollars en faveur du Tchad, soit un montant total de 44,2 million de dollars pour le financement de la seconde phase du programme d’appui aux réformes des finances publiques (PARFIP-II).

Categories: Chad, Economic & Financial Governance, ADF

29/06/2016 - The Board of Directors of the African Development Bank (AfDB) approved on Monday, June 27, 2016, in Abidjan, US $300-million and US 50-million Trade Finance Loans to First Bank of Nigeria (FBN) and FSDH Merchant Bank Nigeria (FSDH), respectively. The two facilities are part of the AfDB’s broader efforts to provide countercyclical support to the Nigerian economy at a time of falling commodity prices, which has caused shortages in foreign currency supply and led to unmet demand for trade finance instruments to support Nigeria’s ongoing economic transitions. The facilities will support local enterprises involved in import-export activity.

Categories: Nigeria, Economic & Financial Governance, Private Sector

27/06/2016 - – The African Development Bank is formally launched on a new path to deliver development impact for the people of Africa. On Friday, April 22, 2016, it reached a major milestone, with the approval by the Bank’s Board of Directors of the institution’s new Development and Business Delivery Model (DBDM). On Wednesday June 22, 2016, the Board went a step further by approving the updated Decentralization Action Plan in line with the DBDM.

Categories: President's Corner

27/06/2016 - The African Development Bank on Monday, June 27, 2016, approved a USD 135-million loan to launch the second phase of an energy project that is expected to benefit a minimum of 300,000 customers in Kenya, which would translate into providing electricity access to approximately 1.5 million people, mainly low income groups, and small businesses located near existing distribution transformers.

Categories: Kenya, Energy & Power, Partnerships, Human Capital Development

  • From: 05/12/2016
  • To: 07/12/2016
  • Location: Abuja, Nigeria

Jointly organized by the African Development Bank (AfDB), the United Nations Economic Commission for Africa (ECA) and the United Nations Development Programme (UNDP), the African Economic Conference (AEC) 2016 will take place in Abuja, Nigeria, from December 5 to 7, 2016 under the following theme: “Feeding Africa: Towards Agro-Allied Industrialization for Inclusive Growth”.

Categories: Nigeria, Agriculture & Agro-industries, Employment, Youth, Partnerships

27/06/2016 - The African Development Bank is stepping up the pace by focusing on five priorities that are crucial for accelerating Africa’s economic transformation. The Bank calls them the “High 5s”: Light up and power Africa, Feed Africa, Industrialise Africa, Integrate Africa, and Improve the quality of life for the people of Africa.

Categories: Quality Assurance & Results, Partnerships, Human Capital Development, President's Corner

24/06/2016 - Le Conseil d'administration de la Banque africaine de développement (BAD) a approuvé, le 15 juin 2016 à Abidjan, une ligne de crédit de 10 millions de dollars en faveur de la Banque pour le Commerce et l’Industrie (BCI) de Mauritanie. Cette facilité aidera la BCI à renforcer ses activités de financement du commerce pour les petites et moyennes entreprises.

Categories: Mauritania, Partnerships

23/06/2016 - The Board of Directors of the African Development Bank Group (AfDB) has approved a €15.7-million senior loan through its private sector window to “Compagnie Agricole de Saint-Louis du Sénégal” (CASL) for a rice production project in Senegal River Valley. This project will contribute to three major priorities of the AfDB High 5s agenda: “Feed Africa”, “Industrialize Africa” and “Improve the quality of life for the people of Africa”.

Categories: Senegal, Agriculture & Agro-industries, Employment, Partnerships, Human Capital Development