Press Releases
05/04/2013 - As of the 31st of March 2013, the Global Environment Facility’s Least Developed Countries Fund (LDCF) has granted USD 18.6 million to be channeled by the African Development Bank (AfDB) to Sierra Leone, Uganda and Mauritania for project concepts to help climate-proof their water sectors. This work is regarded as a critical element of these countries’ moves toward climate-resilient poverty reduction and sustainable development.
Categories: Mauritania, Sierra Leone, Uganda, Water Supply & Sanitation, Infrastructure
14/03/2013 - The Board of Directors of the African Development Bank Group (AfDB) approved on Wednesday, March 13, a loan in the amount of US $144.89 million in support of the Uganda road sector.
Categories: Uganda, Infrastructure, Transport, Youth, Human and Social Development
05/02/2013 - The African Water Facility offered a 1 million euro grant to the Community Integrated Development Initiatives (CIDI) to support their Kawempe Urban Poor Sanitation Improvement Project (KUPSIP). The project is designed to provide affordable and sustainable sanitation services to over 100,000 urban poor living in the Kawempe Municipality, in Kampala, Uganda.
Categories: Uganda, African Water Facility, Water Supply & Sanitation, Rural Water Supply & Sanitation Initiative
06/12/2012 - The Executive Directors of the African Development Bank (AfDB) Group on Wednesday approved the institution’s Information Technology Strategy 2013-2015 and the Bank Group’s Participation in the Middle East and North Africa (MENA) Transition Fund.
Categories: Zimbabwe, Mozambique, Burundi, Kenya, Rwanda, Tanzania, Uganda, Egypt, Libya, Morocco, Tunisia, Information & Communication Technology, Economic & Financial Governance, Transport, Infrastructure
05/12/2012 - The Board of Directors of the African Development Bank, on November 21, approved the Uganda Support to Higher Education, Science and Technology Project, a key Human Development operation that will contribute to the economic and social transformation of Uganda and the East African sub-region. In line with Uganda’s National Development Plan for 2011-2015, the project aims to turn the country into a regionally competitive industrial economy by 2025 by developing skills and investing in science and technology.
Categories: Uganda, Education, Human and Social Development
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
04/05/2012 - The African Development Bank (AfDB) has received approval from the Government of Uganda to issue bonds denominated in Uganda Shillings on the Ugandan capital market. Pierre Van Peteghem, Treasurer of the African Development Bank Group, said that following the Government’s authorization, the multilateral bank is currently processing all regulatory steps required for the launch of a Note Program.
Categories: Uganda
17/02/2012 - Nine members of the Board of Directors of the African Development Bank (AfDB) Group will visit Uganda from 23-28 February to consult with the authorities on AfDB-funded programmes in the country.
Categories: Uganda
23/11/2011 - The Board of Directors of the African Development Bank (AfDB) has approved on 23 November a USD 20 million line of credit over 10 years to Housing Finance Bank Limited (HFB) Uganda to support residential and commercial real estate development aimed at benefiting low and medium income earnings through decent housing, as well as small and medium enterprises through commercial property and office space.
Categories: Uganda, Economic & Financial Governance, Private Sector Development
05/08/2011 - The African Development Bank (AfDB) has committed USD40 million to support a five-year capital investment programme for Rift Valley Railways, a consortium established to manage the parastatal railways of Kenya and Uganda.
