News & Events
01/10/2015 - The Board of Directors of the African Development Bank Group approved on Wednesday, September 30, 2015, two loans totaling US $141.71 million to finance the second phase of the Dar es Salaam Bus Rapid Transit (BRT) System Project.
30/09/2015 - The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, September 30, 2015 approved combined loans and grants amounting to US $428.43 million to finance projects in energy, infrastructure, transport and water and sanitation in eight African countries – The Gambia, Ghana, Tanzania, Zimbabwe, Guinea Bissau, Guinea, Senegal and Côte d’Ivoire.
Categories: Côte d’Ivoire, Guinea-Bissau, Guinea, Senegal, Ghana, Tanzania, Zimbabwe, Energy & Power, Infrastructure, Transport, Water Supply & Sanitation, Gender, Employment, Youth, Human Capital Development
17/09/2015 - The African Development Bank Group (AfDB) has approved a loan of US $211-million to help address the urgent need for improved water and sanitation in the city of Arusha in Tanzania. The sum represents 90% of the cost of the Tanzanian Government program to alleviate the threat of major environmental and health issues and improve the quality of life for Arusha inhabitants.
04/09/2015 - The President of Zanzibar, on his tour of the island archipelago, has praised the Isles Ministry for the improvements to the lives of the islanders, made possible by the African Development Bank’s Rural Water Supply and Sanitation Initiative (RWSSI) program.
02/09/2015 - The Sustainable Energy Fund for Africa (SEFA) was awarded “Power Transaction of the Year” by the East African Power Industry for its role in financing the development of an independent solar hybrid mini-grid project in rural Tanzania. The prize was received at the awards gala on August 27 during its annual convention which gathered about 1,200 industry leaders and professionals in Nairobi, Kenya.
19/06/2015 - As part of the African Development Bank’s ongoing efforts at improving data quality, management and dissemination support to statistical development in Africa, the AfDB took part in a joint workshop on public sector debt statistics, with the World Bank and the IMF East AFRITAC (AFE) in Zanzibar during June 8-19, 2015 with 30 officials from seven East African countries.
18/06/2015 - The African Development Bank, in partnership with the Climate Investment Funds (CIF) and the Government of Tanzania, on Thursday, June 18 launched the Renewable Energy in Africa: Tanzania Country Profile. The publication highlights the country’s inroads in renewable energy as well as opportunities for scaling-up the energy sector.
29/05/2015 - Power sector reform and a governance support programme are central to the African Development’s actions to accompany Tanzania’s economic growth. It is in line with this, that the Permanent Secretary in the Ministry of Finance of the United Republic of Tanzania, Servacius Likwelile and the African Development Bank’s Vice-President, in charge of Agriculture, Water, Human Development, Governance and Natural Resources, Aly Abou-Sabaa signed a USD 70.5 million loan accord on May 27 in Abidjan.
21/05/2015 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, May 20, 2015, a loan of US $70.5 million to finance the Tanzania Power Sector Reform and Governance Support Programme (PSRGSP). The objective of the operation is to promote inclusive growth and enhanced economic competitiveness through power sector, economic and financial governance reforms. The loan agreement will be signed next week, on the margins of the Bank’s Annual Meetings in Abidjan.
18/02/2015 - The Board of Directors of the African Development Bank Group (AfDB) approved on Wednesday, February 18 in Abidjan an African Development Fund (ADF) Loan of US $144.9 million, to the Kenya–Tanzania Power Interconnection Project.