News & Events
10/04/2018 - The Southern African Governors of the African Development Bank have described the Bank as the future of Africa’s development, and called on it to lead the way to faster-paced development of the continent.
14/02/2017 - The African Water Facility (AWF) and NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) signed on January 31, 2017 in Pretoria, South Africa, a letter of agreement with the Orange Senqu River Basin Commission (ORASECOM) to launch the Climate Resilient Water Resources Investment Strategy and Multipurpose Project Preparation for the Orange-Senqu River Basin, shared by Botswana, Lesotho, Namibia and South Africa. The co-financed project, amounting to about €3.5 million, includes contributions from AWF of about €2 million and $1.2 million from NEPAD-IPPF.
Categories: Botswana, Lesotho, Namibia, South Africa, Human Capital Development, Water Supply & Sanitation, Partnerships, Infrastructure, NEPAD, NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF), African Water Facility
29/11/2016 - The African Water Facility (AWF) approved a grant of about €2 million to support a multinational transboundary project to prepare a Climate Resilient Water Resources Investment Strategy and Multipurpose Project for the Orange-Senqu River Basin, serving the population of Botswana, Lesotho, Namibia and South Africa. The main goal of this project is to promote sustainable socio-economic growth in the basin riparian countries through climate resilient water resources development in the framework of basin wide cooperation led by the Orange Senqu River Basin Commission (ORASECOM). The project will foster enhanced sustainable water resources management of the basin, increased investments based on better planning allowing more multipurpose projects to address the livelihood needs of the communities living in rural and urban areas.
28/04/2016 - In a bid to help Botswana diversify its economy, the Board of Directors of the African Development Bank has approved a 850-million Pula (US $76.2-million) line of credit (LOC) to Botswana Development Corporation (BDC) to be invested in key sectors with a view to ultimately help diversify the country’s economic base.
04/05/2015 - Executive Directors of the African Development Bank Group (AfDB) have endorsed the Bank’s Botswana Country Strategy Paper (CSP) 2015-2019; which provides a framework for the Bank Group support to Botswana during the period to enable the country achieve inclusive sustainable growth.
12/03/2015 - The Board of Directors of the African Development Bank Group (AfDB) through its private sector window approved on March 11, 2015 a US $50 million multi-currency line of credit (LoC) with a seven-year tenor to ABC Holdings Ltd. and its subsidiaries in Botswana, Mozambique and Zimbabwe.
30/07/2014 - African Development Bank President Donald Kaberuka expressed concern over the huge economic cost to the Southern African Development Community (SADC) region caused by delays in constructing the Kazungula Bridge, during his visit to the project on Saturday, July 26, 2014.
24/02/2014 - The Statistical Capacity Building Program of the African Development Bank responds to the needs of AfDB’s regional member countries (RMCs) as well as the Bank’s commitments in support of aid effectiveness, such as the Paris Declaration, the Marrakech Action Plan for Statistics (MAPS) and the Busan Plan of Action of the High-Level Forum in 2011.