News & Events
15/12/2016 - The United States Agency for International Development (USAID) and its partners have launched an initiative named “the Global Book Alliance (GBA),” aimed at transforming and advancing current book design, acquisition, distribution and use especially in Africa and Asia, to ensure that students have the books they need in their mother tongue – in order to learn how to read and read to learn.
15/12/2016 - A five-day training workshop on the negotiation of mining contracts commenced on December 13 in Lilongwe, Malawi. Convened by the African Legal Support Facility (ALSF), in partnership with the International Senior Project Lawyers (ISLP) and the African Mining Development Centre (AMDC), the training is designed to equip government officials with the skills to negotiate mining agreements.
15/12/2016 - The Sustainable Energy Fund for Africa (SEFA) approved on December 13 a US $993,000 grant to the Earth Energy Company Limited, a Ugandan firm, to prepare the first-ever biomass gasification project in the country, expected to add 20 Megawatts of baseload power to the national grid. Specifically, the grant will facilitate the conduct of preliminary studies needed for the project to kick off. These include a complete technical feasibility study, environmental and social impact assessment, a feed and detailed engineering design, as well as project management activities. This support is part of the African Development Bank’s (AfDB) efforts to scale up private investments in renewable energy.
15/12/2016 - Rural water supply and sanitation task managers and experts of the African Development Bank (AfDB) have discussed how to enhance transparency and aid effectiveness through online reporting, communications and monitoring of AfDB-financed projects.
15/12/2016 - The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 159 million to partly finance Ethiopian Airlines’ expansion plan and fleet modernization program. The package comprises two tranches, with the first tranche (85% of the financing) being covered by African Trade Insurance, Africa’s export credit agency, which will be providing credit risk insurance to the transaction. The investment is a reflection of the Bank’s new strategic thrust to achieve its five operational priorities and is rooted on the necessity to integrate Africa and improve air connectivity in the continent.
15/12/2016 - The Board of Directors of the African Development Bank (AfDB), has approved a loan of US$ 500 million to finance Egypt’s economic governance and energy support program phase II. The loan is the second tranche of a three year, US$ 1.5 billion programmatic series, covering the fiscal years 2015/16 to 2017/18 (July-June). It builds on the first phase of the operation, a US$ 500 million loan that was approved in December 2015 and was fully disbursed in early January 2016.
15/12/2016 - In collaboration with the UK Department of International Development (DfID), the African Development Bank (AfDB) concluded a project identification mission to Port Sudan on December 13, 2016. The mission sought to hold discussions with authorities and stakeholders on the possibility for the AfDB to finance the Port Sudan Priority Water and Sanitation (PSPWS) project as part of its joint efforts with DfID to address Port Sudan’s short-, medium- and long-term water needs. The PSPWS, which the Bank plans to finance with approximately US $20 million from the Bank’s Transitional Support Facility, is based on the Strategic Investment Plan (SIP) study undertaken by DfID.
15/12/2016 - The African Development Bank (AfDB), through its Egypt Country Office, co-organized a roundtable discussion with the Arab Women Organization on the “The Role of Businesswomen in Achieving Women’s Economic Empowerment” during the sixth Arab Women Organization (AWO) conference in Cairo on December 13 and 14.
14/12/2016 - The Board of Directors of the African Development Fund (ADF) has approved a loan of UA 67.27 million (USD 93.51 million) to the United Republic of Tanzania for on-lending to the Tanzania Agricultural Development Bank (TADB). The funding will contribute to supporting Tanzania’s agriculture sector and achieving the country’s development goals.
14/12/2016 - «L’emploi des jeunes», émerge comme l’une des préoccupations majeures des consultations que la Banque africaine de développement (BAD) organise depuis le 13 décembre à Tunis (Tunisie) avec les organisations de la société civile (OSC) de l’Afrique du nord.