Press Releases

06/02/2013 - The Sustainable Energy Fund for Africa (SEFA) has approved a US $1 million grant to finalize pre-investment activities for a hybrid renewable energy project in Nosy Be Island in Madagascar. The grant will be used to finance: (i) feasibility studies for a combination of hydro, wind and solar technologies; (ii) technical assistance to the national power utility; (iii) the transactions advisory for a Public Private Partnership. Through this intervention, the African Development Bank (AfDB) will play a catalytic role and pave the way for private investors and other financiers to work towards delivering a sustainable energy solution with huge socio-economic impacts on the island.

Categories: Madagascar, Energy & Power, Sustainable Energy Fund for Africa

29/08/2012 - The African Development Bank Group, UNICEF and the Government of Madagascar signed a US $1-million grant agreement to fund rehabilitation of social infrastructure in the country following the devastating cyclones Giovanna and Irina, which hit the country in February. The signing took place on August 23 in Brickaville, about 250 km east of Antananarivo.

Categories: Madagascar, Infrastructure, Education, Human and Social Development, Health

29/06/2012 - Le Conseil d’administration de la Banque africaine de développement a approuvé, le 27 juin 2012, une deuxième prorogation de la période couverte par le document de stratégie pays pour Madagascar jusqu’en 2013. Les objectifs de la stratégie sur cette période d’extension sont de : (i) contribuer à réduire la fragilité du pays et la vulnérabilité des populations en apportant une réponse à certains besoins pressants du pays ; (ii) renforcer la gouvernance économique et financière ; et (iii) préparer un réengagement plus rapide de la Banque en cas de normalisation de la situation politique, à travers la réalisation d’une série d’études analytiques et de préparations des projets.

Categories: Madagascar

20/04/2012 - The African Development Bank (AfDB) has launched the second call for proposals under the Migration and Development Fund (MDF). This second call for proposals, open from 15 April to 31 May 2012, is targeting project sponsors in Central Africa and the Indian Ocean.

Categories: Cameroon, Central African Republic, Chad, Democratic Republic of Congo, Congo, Equatorial Guinea, Gabon, Madagascar, Burundi, São Tomé & Príncipe, Angola, Comoros, Mauritius, Migration and Development Initiative

27/06/2011 - The Southern Africa region loomed large on the Bank’s operational radar in 2009, when loan and grant approvals to the countries climbed to USD 5.44 billion (UA 3.40 billion), from USD 769.44 million (UA 475.9 million) the previous year; representing over 600 percent increase. The numbers were propelled by two budget support loans amounting to USD 2.42 billion (UA1.51 billion) approved for Botswana and Mauritius, to help mitigate the impact of the global economic and financial crisis in these countries.

Categories: Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Namibia, South Africa, Swaziland, Zambia, Zimbabwe, Regional Integration

15/03/2011 - African Development Bank (AfDB) President Donald Kaberuka has affirmed his institution’s strong commitment to enhancing regional integration and growth in Southern Africa. Addressing the media close to the end of a six-day official visit to the region, Dr. Kaberuka said the AfDB had done well in terms of the volume of its support to South Africa and the broader SADC region but still had to do more in view of the challenges that still abound.

Categories: Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Zambia, Zimbabwe, Regional Integration

07/09/2009 - The African Development Bank (AfDB) Group and the Indian Ocean Commission (IOC), on Friday September 4, 2009 in Tunis concluded bi-lateral consultations aimed at strengthening collaboration between the two institutions.

Categories: Seychelles, Comoros, Mauritius, Madagascar

04/11/2008 - CRMU in collaboration with the African Development Bank Integrity and Anti-Corruption Division (IACD) and the Bank’s Field Office in Madagascar co-organized a series of national seminars targeting government officials, civil society and the Bank staff in the country.

Categories: Madagascar