News & Events
17/10/2014 - The Board of Directors of the African Development Bank Group on Wednesday, October 15 in Abidjan approved a US $40-million 10-year Line of Credit (LoC) for a pipeline of projects covering various economic sectors (agro/food, infrastructure, manufacturing, education sectors) in the East African Community (EAC) countries of Kenya, Rwanda, Tanzania and Uganda. The projects aim to promote economic growth.
- From: 29/10/2014
- To: 31/10/2014
- Location: Arusha, Tanzania
The African Development Bank is co-sponsoring and is actively involved in the upcoming 5th African Rift Geothermal (ARGeo) Conference in Arusha, Tanzania. The conference seeks to further regional cooperation in the development and utilization of geothermal resources.
08/10/2014 - In a newly released report prepared in 2014 by the African Development Bank’s (AfDB) East Africa Regional Resource Center in Nairobi, Kenya, on the occasion of the Bank’s 50th anniversary, the AfDB describes how it is fulfilling its mandate in Eastern Africa as Africa’s own development bank. The report takes stock of the socio-economic situation today; highlights the Bank’s successes; describes new strategies and instruments; and identifies key challenges the region is likely to face in the next decades.
Categories: Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, Somalia, Sudan, South Sudan, Tanzania, Uganda, Infrastructure, Climate Change, Private Sector, Gender, Poverty Reduction, Regional Integration, Structural Transformation
03/10/2014 - The Board of Directors of the African Development Bank Group (AfDB) on Friday, October 3 approved loans amounting to US $98.22 million to finance the first phase of East Africa’s Centres of Excellence for Skills and Tertiary Education in Biomedical Sciences programme in Kenya, Rwanda, Uganda and Tanzania.
30/09/2014 - On September 18, 2014, the African Development Bank (AfDB), in collaboration with the United Republic of Tanzania, launched the Technical Vocational Education and Teacher Education (TVET-TE) project worth US $57 million (Sh 92.4 billion) at Mwalimu Nyerere International Conference in Dar es salaam, Tanzania.
30/07/2014 - The 2nd East African Community/African Development Bank Technical Planning meeting to review the status of implementation of the ongoing projects financed by the Bank concluded on Friday, July 25 at the EAC Headquarters, in Arusha, Tanzania.
29/05/2014 - The Agriculture Fast Track Fund (AFT) has awarded two grants worth almost US$650,000 to high value agriculture infrastructure projects in Tanzania. Tanga Fresh UHT Milk Factory and Kijani Agro Integrated Horticulture projects have been selected for their strong impact on local communities in Tanzania. They will be receiving funding to finance their market analyses, produce site surveys and other costs.
29/05/2014 - The AfDB’s Agriculture Fast Track Fund (AFT) has awarded four new grants amounting to almost US$2,000,000 to high value agriculture infrastructure projects in Mozambique and Tanzania. EcoFarm sugar cane production and Odebrecht Integrated Poultry Project have been selected in Mozambique, while Tanga Fresh UHT milk production and Kijani Agro high quality fresh fruits and vegetables in Tanzania will receive funding.
07/04/2014 - The Board of Executive Directors of the African Development Bank approved on Wednesday, April 2, 2014 an African Development Fund (ADF) loan of US $52.5 million for the Government of Tanzania to finance a Technical, Vocational Education and Training (TVET) and Teacher Education Project in Tanzania.
- From: 22/03/2014
- To: 22/03/2014
On March 22, World Water Day 2014, the African Development Bank celebrates the link between water and energy – the role water plays in generating electricity and the role of energy in the development of the continent.