News & Events
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.
13/01/2015 - The Sustainable Energy Fund for Africa (SEFA) approved at the end of 2014 a USD 420,000 preparation grant to Jumeme - Rural Power Supply Ltd (JRPS) to support the development of a portfolio of independent solar-hybrid mini-grids in rural growth centres in Tanzania. JRPS is a local joint venture comprised of three partners: INENSUS Gmbh, with more than five years’ experience in mini-grid development and operation; TerraProjects, a renewable energy project developer; and St. Augustine University of Tanzania in Mwanza.
06/11/2014 - US Treasury Secretary Jacob Lew recently paid a visit to the Sokoine electricity supply sub-station in the Ilala District of Dar es Salaam, Tanzania. The expansion of the substation and the construction of at least one of its control rooms are among the many activities scheduled under the African Development Bank (AfDB)-financed Electricity V project in Tanzania. Electricity V will be implemented in Arusha, Dar es Salaam, Mwanza, and in the Shinyanga region of the country.
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.