Press Releases
23/10/2012 - The 8th African Development Forum (AFD VIII) opened in Addis Ababa, Ethiopia, on Monday with a call on African countries to harness their huge natural resources for the benefit of their growing populations.
Categories: Ethiopia, Environment, Economic & Financial Governance
27/08/2012 - The Government of Ethiopia and the African Development Bank signed a US$ 251-million loan agreement Friday for the “Promoting Basic Services” (PBS) Phase III Program at a ceremony held at the Ethiopian Ministry of Finance and Economic Development in Addis Ababa. H.E. Ahmed Shide, State Minister of Finance and Economic Development, and Mr. Lamin Barrow, the Bank’s Resident Representative in Ethiopia, signed on behalf of the Government of Ethiopia and the African Development Bank respectively.
Categories: Ethiopia, Economic & Financial Governance
10/08/2012 - «La BAD est un des grands contributeurs au financement du développement du Burundi… Nous apprécions les appuis multiformes que l’institution ne cesse d’accorder au gouvernement et au peuple burundais».
Categories: Burundi, Economic & Financial Governance
26/07/2012 - The African Development Bank (AfDB) stands ready to assist African countries in implementing the physical infrastructure needed for the establishment of the Continental Free Trade Area by 2017, said its president, Donald Kaberuka.
Categories: Ethiopia, Economic & Financial Governance
23/07/2012 - The Board of Directors of the African Development Bank (AfDB) has approved recently a USD15 million equity investment in the African Trade Insurance Agency (ATI) to increase its capital base. This contribution will allow ATI to increase its provision of trade, credit and political risk insurance products that encourage foreign direct investment and trade in Africa.
Categories: Economic & Financial Governance
20/07/2012 - Le Conseil d’Administration a approuvé un don de 16 millions d’unités de comptes (équivalents à 24,2 millions de dollars) à la République de Centrafrique, sur les ressources de la Facilité en faveur des États Fragiles (FEF), pour le financement du troisième Programme d’Appui aux Réformes Economiques (PARE III).
Categories: Central African Republic, Economic & Financial Governance
19/07/2012 - The African Development Bank (AfDB) on Tuesday, July 17, 2012 opened books on its 125 billion Ugandan shilling medium-term note (MTN) programme. The first issue of the programme, which is a 10-year, 12.5 billion Ugandan shilling bond is open for subscription through July 20, 2012. The coupon to be re-priced at two year intervals will be pegged at 85 percent of the yield on Uganda's two-year government bond benchmark.
Categories: Uganda, Economic & Financial Governance
12/07/2012 - The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, approved on Wednesday in Tunis a budget support grant of 26 million Units of Account, or approximately USD40 million, to assist the government of Malawi in cushioning vulnerable groups from the short-term negative impacts of recent economic reforms, and to continue the implementation of public finance management reform measures.
Categories: Malawi, Economic & Financial Governance
12/07/2012 - The African Development Bank (AfDB) Board of Directors has approved a USD 18 million grant from the Fragile States Facility resources to finance Burundi’s Fifth Economic Reform Support Programme (ERSP V).
Categories: Burundi, Economic & Financial Governance
18/06/2012 - The Board of Directors of the African Development Bank (AfDB) has approved a USD 18 million private equity investment in infrastructure in sub-Saharan Africa. The recipient of the investment is the InfraCo Sub-Saharan Infrastructure Fund (ISSIF), aiming at target capitalization of USD 200 million of equity with a first closing of USD 100 million expected third quarter 2012 to participate in greenfield and brownfield infrastructure projects. The ISSIF will catalyze additional funds for infrastructure projects, which will create employment and bring essential skills and technical knowledge to sub-Saharan Africa.
Categories: Infrastructure, Economic & Financial Governance, Private Sector Development
