News & Events
- From: 22/03/2012
- To: 23/03/2012
- Location: Tunis, Tunisia
The African Development Bank (AfDB) will hold its annual Partnerships Forum from 22 – 23 March 2012, at Hotel Ramada Plaza-Gammarth in Tunis, Tunisia. This year’s forum theme is “Transforming Partnerships towards a Green and Inclusive Africa.” Participants will include representatives of bilateral and multilateral donors, business sector, private foundations, knowledge institutions and Civil Society Organizations.
Categories: Tunisia, Partnerships, Private Sector Development
23/12/2011 - The African Development Bank (AfDB), and other development finance institutions including the International Finance Corporation (IFC), the Netherlands Development Finance Company (FMO), the Development Bank of Central Africa (BDEAC), Proparco, and a syndication of local banks led by Standard Chartered Bank signed on 22 December a loan agreement to provide a EUR 198 million to the Kribi Power Development Company (KPDC). KPDC is a subsidiary of the AES Corporation, an American global power company which provides affordable, sustainable energy to 27 countries worldwide, in partnership with the Government of Cameroon, which owns 44% of KPDC.
Categories: Cameroon, Private Sector Development, Energy & Power
20/12/2011 - The Board of Directors of the African Development Bank (AfDB) Group approved an African Development Fund (ADF) loan of USD 155.2 million to the United Republic of Tanzania on 16 December 2011. The loan will help support private sector reform and economic governance within the framework of the Governance and Economic Competitiveness Support Programme. The African Development Fund is the AfDB Group’s concessional or ‘soft loan’ arm.
Categories: Tanzania, Private Sector Development, Board of Directors
09/12/2011 - The Board of Directors of the African Development Bank (AfDB) has approved on 7 December a corporate loan of South African rand (ZAR) 65 million equivalent to USD 8 million to Trustco Group Holdings Ltd to support the Trustco Finance student lending program thus improving access to education, employability and job-earning potential of high school graduates in the country.
Categories: Namibia, Private Sector Development, Education
09/12/2011 - The Board of Directors of the African Development Bank (AfDB) has approved on 7 December a € 28.1 million senior loan to support the Thika Thermal Power Project in Kenya. This reliable energy private sector power project will encourage economic growth by helping to address Kenya’s energy shortfall.
Categories: Kenya, Energy & Power, Private Sector Development
07/12/2011 - Everyone agrees green growth is a good thing. So why isn’t the whole world speeding along the low carbon route? Why are there so many red lights along the way? The reason is that many low carbon projects are costly, beyond the reach of many if not most African governments. The private sector is not closing the gap. The reason is that investors are worried whether their money is safe.
Categories: South Africa, Climate Change, Private Sector Development, Energy & Power
07/12/2011 - Le Groupe de la Banque africaine de développement (BAD) a consenti, le 7 décembre 2011 à Tunis, un prêt de 25 millions d’euros, soit l’équivalent de 2,7 milliards d’Escudo (CVE) à la République du Cap-Vert.
Categories: Cape Verde, Private Sector Development, 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
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, Board of Directors
22/11/2011 - The African Development Bank (AfDB) and finance company, Mauritania Leasing, signed an agreement on 15 November in Dakar for a grant of USD 365,000 provided by the Fund for African Private Sector Assistance (FAPA) to help finance small and medium-sized enterprises in the country.
Categories: Mauritania, African Private Sector Assistance Fund, Private Sector Development
