News & Events
19/05/2016 - The Board of Directors of the African Development Bank Group (AfDB) through its private sector window has approved a USD 120-million line of credit (LOC) to CRDB Bank Plc (“CRDB”) in Tanzania.
06/05/2016 - The African Development Bank Group’s (AfDB) Board of Directors, on May 5, 2016 approved a Partial Credit Guarantee (PCG) of up to US $4 million in local currency to Tanzania Mortgage Refinance Company (TMRC).
11/04/2016 - JUMEME Rural Power Supply Ltd. (JUMEME) has just celebrated the operational launch of its project, which will bring solar hybrid mini-grids to electrify more than 100,000 people and 2,340 small businesses in Tanzania’s rural centres. This project has received preparation support from the Sustainable Energy Fund for Africa (SEFA), and is one of the first of its portfolio to become operational since the Fund’s inception in 2012.
31/03/2016 - The Board of Directors of the African Development Bank approved on Wednesday, March 30, a US $228-million loan to the Government of Kenya to rehabilitate 172-kilometre road, linking the towns of Isebania and Ahero, an axis located southeast of Lake Victoria. The renovation of this route will facilitate trade between Kenya and Tanzania, while the social aspects associated with the project will accelerate the socio-economic development of the regions along the road, benefitting nearly two million people.
25/02/2016 - The African Development Bank Group (AfDB) will support Tanzania’s economic transformation to inclusive and green growth with an indicative concessional resource assistance package estimated at over US $1.1 billion over a five-year period.
04/02/2016 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, February 3 in Abidjan a loan of US $16.5 million to finance the Tanzania Institutional Support Project for Good Governance (ISPGG III). The objective of this project is to support the Government of Tanzania in promoting inclusive growth and macroeconomic stability by enhancing economic and financial governance through more effective public financial management and improved business environment.
14/12/2015 - The Italian government announced on Thursday, December 10 that it will contribute €4.7 million to the Africa Climate Change Fund (ACCF), an initiative launched last year by the African Development Bank (AfDB) with a €4.725-million contribution from Germany to support African countries in building their resilience to the negative impacts of climate change and transitioning to sustainable low-carbon growth. This is in addition to a €7.4-million Italian contribution to the Sustainable Energy Fund for Africa.
26/11/2015 - At their regular meetings on Thursday, November 26, 2015, the Board of Directors of the African Development Bank Group (AfDB) approved two major transport support and facilitation programmes for Tanzania, Côte d’Ivoire and Mali, as well as an economic governance support programme for Cape Verde to be financed with combined loans and grants totaling US $545 million.
Categories: Côte d’Ivoire, Mali, Liberia, Guinea, Burkina Faso, Cape Verde, Tanzania, Human Capital Development, Economic & Financial Governance, Gender, Transport, Regional Integration, Poverty Reduction
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