News & Events
04/12/2013 - The Board of Directors of the African Development Fund (ADF), the concessionary arm of the African Development Bank (AfDB) Group, approved on Tuesday, December 3 a loan of US $65.0 million and a grant of US $900,000 to Malawi, and a loan of US $7.7 million to Zambia, respectively, for a total of about US $73.6 million, for the Multinational Nacala Road Corridor Development Project Phase IV.
21/11/2013 - The Board of Directors of the African Development Bank Group (AfDB) on 20 November 2013 in Tunis approved a loan of UA 22.22 million or US $33.6 million from African Development Fund (ADF) concessionary resources to finance the Support to Science and Technology Education Project (SSTEP) in Zambia.
07/11/2013 - The Southern African Customs Union (SACU) is 103 years old. Established on June 29, 1910 in Southern Africa the Customs Union Agreement (CUA) brought together the South African Union, the High Commission of Bechuanaland territories (current Botswana), Basutoland (current Lesotho) and Swaziland, then under British rule.
- From: 04/11/2013
- To: 07/11/2013
- Location: Dar es Salaam, Tanzania
The African Development Bank (AfDB) is organizing a training session on Value for Money (VfM) with senior government officials and civil society organisations from Kenya, Tanzania, Uganda, Rwanda, and Zambia on November 4-7 2013 in Dar es Salaam, Tanzania.
18/10/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Friday, October 18 a US $12.5-million equity investment in the Kibo Fund II. This contribution will allow the Fund to provide access to finance and capacity building to an underserved market of outward-looking small and medium enterprises (SMEs) and mid-market African firms, particularly in low-income and fragile states within various sectors in Africa, thereby boosting income generation and job creation.
04/10/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, October 2 a senior loan of up to US $150 million to finance a 300MW coal-fired power plant as well as the revamping of the Maamba coal mine in Maamba, Zambia. The project aims to tackle a severe environmental concern at the mine caused by the unregulated and spontaneous self-combustion of tons of currently unused low-grade coal while producing much-needed electricity for the country and the region.
27/09/2013 - With African Development Bank (AfDB) support, Zambia has received approval for a $38 million infusion of support from the Climate Investment Funds’ (CIF) Pilot Programme for Climate Resilience (PPCR) to undertake the Strengthening Climate Resilience in the Kafue Sub-Basin project. The project will have two components: strengthening the capacity of 800,000 rural communities who depend on rain-fed agriculture and natural resources to better respond to the consequences of climate change including floods and droughts; and strengthening the climate resilience of rural roads that link farmers to markets and to the Kafue National Park.
16/09/2013 - The Nordic Development Fund Manager for Southern Africa, Johanna Palmberg, visited the African Development Bank’s Zambia Field Office (ZMFO) on September 13, 2013 to discuss the ongoing green growth initiatives in Zambia pioneered by the AfDB, Organisation for Economic Co-operation and Development (OECD) and International Institute for Environment and Development (IIED). The initiatives were launched with workshops in January and May 2013.
27/08/2013 - The Private Sector Department of the African Development Bank (AfDB) is launching a three-month pilot business development initiative in the industries and services sectors in Zambia and Tanzania. As the premier Development Finance Institution in Africa, the African Development Bank Group (the Bank) is engaged in mobilizing resources for sustainable and inclusive growth across the continent.
14/08/2013 - A key road and rail bridge crossing over the Zambezi River along the North – South Corridor, a key trade route linking the port of Durban in South Africa to the inland countries of Botswana, Zambia, Zimbabwe, Malawi, DRC, and up to Dar-es-Salaam in Tanzania.
Categories: South Africa, Botswana, Zambia, Zimbabwe, Malawi, Democratic Republic of Congo, Tanzania, ADF, Infrastructure, Transport, Regional Integration, Programme for Infrastructure Development in Africa (PIDA)