09/09/2015 - On September 8, 2015, the African Development Bank (AfDB) and the Government of Japan signed the sixth private sector assistance loan under the joint initiative titled Enhanced Private Sector Assistance (EPSA) for Africa. The loan, worth JPY 35.88 billion, equivalent to USD 300 million, is intended to support private sector operations in Africa.
09/09/2015 - The African Development Bank Group (AfDB) and Access Bank Rwanda Ltd. signed a loan agreement for the equivalent of US $6 million under the Africa SME Program on September 3, 2015 to support small and medium enterprises (SMEs) in Rwanda.
Categories: Rwanda, Japan, Austria, Fund for African Private Sector Assistance, Private Sector, Economic & Financial Governance, Employment, Partnerships, Enhanced Private Sector Assistance for Africa: EPSA Initiative
29/07/2015 - The African Development Bank (AfDB) sold $20 million in infrastructure bonds to the Fukoku Mutual Life Insurance Company (Fukoku Life). Fukoku Life was the sole investor in the transaction.
12/09/2014 - On September 12, 2014, The African Development Bank (AfDB) and Japan signed a concessional loan for US $300 million to support the private sector in Africa. The AfDB was represented by its President, Donald Kaberuka, and Japan by its Ambassador in Côte d’Ivoire, Susumo Inove.
17/12/2013 - The African Development Bank (AfDB) and the government of Japan signed on 16 December, 2013 a bilateral Exchange of Notes for a loan to the AfDB of 9.48 billion Japanese yen (about US$ 100 million). This is the fourth loan to the AfDB under the Enhanced Private Sector Assistance (EPSA) for Africa Initiative (and the first under the second phase announced at Arusha), which supports entrepreneurship, job creation and economic growth in Africa.
Categories: Japan, Enhanced Private Sector Assistance for Africa: EPSA Initiative, Economic & Financial Governance, Private Sector, Human Capital Development, Employment, Partnerships, President's Corner
06/09/2013 - The African Development Bank (AfDB), a leading multilateral development bank, rated Aaa/AAA/AAA, and Nomura, Asia’s global investment bank, on Friday, September 6 finalized the terms of secondary distribution of AfDB’s education support notes to Japanese retail investors.
19/06/2013 - Dr. Donald Kaberuka, President of the African Development Bank (AfDB), and Prof. David Malone, Rector of United Nations University (UNU), signed a Memorandum of Understanding (MOU) to foster research and knowledge exchange on sustainable development in Africa.
05/06/2013 - Japanese Prime Minister Shinzo Abe this week held talks with African Development Bank (AfDB) President Donald Kaberuka, in which the Japanese leader pledged continued financial support for African development projects and programmes delivered through the AfDB.
Categories: Japan, Agriculture & Agro-industries, Economic & Financial Governance, Environment, Human Capital Development, Infrastructure, Private Sector, Regional Integration, Fragile States Facility, President's Corner
28/02/2013 - The African Development Bank (AfDB), rated Aaa/AAA/AAA, today announced that it will offer an Education Support Bond to Japanese retail investors. The bond will be distributed by Japan Asia Securities and Okinawa Securities.
01/06/2012 - Japan’s Senior Vice Minister of Finance, Yukihisa Fujita, announced today, at the African Development Bank’s (AfDB) Annual Meetings, the Japanese government’s intention to provide another USD one billion over the next five years for a second phase of the Enhanced Private Sector Assistance (EPSA) for Africa Initiative, as a follow-up to the G8 Camp David Summit which took place from 18-19 May 2012. Mr. Yukihisa made the announcement during a joint session with AfDB President, Donald Kaberuka, and President of the Japan International Cooperation Agency (JICA), Akihiko Tanaka.