Press Releases

10/12/2012 - The African Development Bank Group (AfDB) is pleased to announce the 3rd call for proposals of the Migration and Development Fund (MDF). Award amounts will range from 350,000 EUR to 500,000 EUR per project.

Categories: Benin, Burkina Faso, Côte d’Ivoire, Cape Verde, Guinea-Bissau, Mali, Niger, Senegal, Togo, Gambia, Ghana, Guinea, Liberia, Sierra Leone, Migration and Development Initiative

07/11/2012 - Guinea will benefit from assistance estimated at US $639.2 million in end-December 1999 net present value terms, aimed at reducing the country’s external debt burden to sustainable levels following the country’s attainment of the completion point under the Highly Indebted Poor Countries (HIPCs) Initiative. By reaching the completion point, Guinea also benefits from additional debt cancellation under the Multilateral Debt Relief Initiative (MDRI).

Categories: Guinea, Morocco, Economic & Financial Governance, Water Supply & Sanitation

07/11/2012 - The Executive Directors of the African Bank Group approved debt relief for Guinea under the Heavily Indebted Poor Countries (HIPCs) Initiative and the Multilateral Debt Relief Initiative (MDRI). The provision of debt relief assistance by the Bank Group is aimed at reducing the country’s external debt burden to sustainable levels and enhancing its capacity to direct more resources to development programs

Categories: Guinea, Economic & Financial Governance

23/11/2011 - The Board of Directors of the African Development Bank (AfDB) has approved on 16 November a €5 million equity investment in a private equity fund which will invest in key sectors with regional expansion potential in French-speaking West Africa.

Categories: Burkina Faso, Benin, Côte d’Ivoire, Guinea, Mali, Niger, Senegal, Togo, Information & Communication Technology, Infrastructure, Private Sector Development

18/05/2011 - Le Conseil d’administration du Fonds africain de développement (FAD) a approuvé un don de 20 millions d’unités de compte (équivalent à 30 millions de dollars E.U.) destiné à financer un programme d’appui aux réformes économiques et financières (PAREF) de la Guinée.

Categories: Guinea, Economic & Financial Governance

27/01/2011 - The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, approved on 21 January 2011, a USD 23-million grant to finance a rural electrification project in Guinea. The project will enable 60,000 rural people in 31 communities to access electric power along the national interconnected grid.

Categories: Guinea, Energy & Power