Press Releases

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

02/03/2012 - The Board of the African Development Bank (AfDB) approved an equity investment of USD 50 million into the Carlyle Sub Saharan Africa Fund on 22February. This fund is the first investment vehicle that the US-based private equity firm The Carlyle Group has raised to pursue its geographical expansion into sub-Saharan Africa.

Categories: Zambia, Namibia, Mozambique, Mauritius, Angola, Botswana, Ghana, Côte d’Ivoire, Private Sector Development

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

21/10/2010 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, 20 October 2010 in Tunis, a USD 10-million loan to the African Guarantee Fund (AGF) to enable small and medium enterprises (SMEs) gain greater access to credit.

Categories: Mauritius, Kenya, African Guarantee Fund for Small and Medium-sized Enterprises, Private Sector Development

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