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Maroc : la Banque africaine de développement mobilise plus de 200 millions de dollars pour renforcer et élargir la protection sociale

18-Dec-2019 - Le Conseil d'administration de la Banque africaine de développement a approuvé, ce jour, un financement de 204 millions de dollars américains en faveur du programme d’appui à l’amélioration de la protection sociale au Maroc. Le programme a pour premier objectif d’élargir la protection sociale dans le Royaume, en particulier aux personnes en situation de handicap, aux enfants et aux femmes vulnérables. Il vise également à favoriser une approche régionale de développement des politiques sociales, plus intégrée et plus inclusive.

Côte d’Ivoire : la Banque africaine de développement accorde un prêt de 112 millions d’euros pour renforcer le programme social du gouvernement.

18-Dec-2019 - Le Conseil d’administration de la Banque africaine de développement a accordé, ce lundi, un prêt de 112,09 millions d’euros à la Côte d’Ivoire destiné à financer le Projet d’appui au programme social du gouvernement (PA-PS Gouv). Ce projet a pour objectif de pérenniser les actions du plan national de développement (PND) de la Côte d’Ivoire, qui a permis de baisser le taux de pauvreté de 51 à 46,3% entre 2011 et 2015.  

COP 25: After renewable energy, what else can salvage climate change? African Development Bank presents update on Adaptation Benefits Mechanism

18-Dec-2019 - Three decades ago, renewable energy was considered too futuristic. The idea of plugging a car into a wall socket was unthinkable. Today, both these things are a reality. And renewable energy is expected to attract $2.3 trillion in investment this year. The same will be true in the next phase of the world’s response to climate change for adaptation, said Luc Gnacadja, chair of the recently formed interim Executive Committee of the Adaptation Benefits Mechanism (ABM).

Tunisie : signature de deux accords de financement mobilisant 238 millions d’euros pour moderniser les infrastructures électriques et soutenir les PMEs

18-Dec-2019 - La directrice générale adjointe de la Banque africaine de développement pour l’Afrique du nord, Yacine Diama Fal et le ministre tunisien des Finances et ministre par intérim du Développement, de l’investissement et de la coopération internationale, Ridha Chalghoum, ont signé, mardi, deux accords de financement dans les secteurs énergetique et financier, pour un montant total de 238 millions d’euros.  

Multilateral Development Banks pledge to step up support for forcibly displaced populations at Global Refugee Forum

18-Dec-2019 - Multilateral Development Banks (MDBs) are stepping up their support for refugees and people affected by forced displacement, including hosting communities, across a wide range of sectors and policy instruments. The pledges were made by the African Development Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, the European Investment Bank, the Inter-American Development Bank, the Islamic Development Bank and the World Bank Group. 

La Banque africaine de développement accorde un prêt de 56 millions de dollars pour financer les accès routiers au pont entre les deux Congo

17-Dec-2019 - Le Conseil d’administration de la Banque africaine de développement a accordé, ce lundi, un prêt de 56 millions de dollars américains du Fonds africain de développement destiné à financer les accès routiers permettant d’accéder au pont qui relie les capitales des deux Congo, Kinshasa et Brazzaville.

Burundi: African Development Bank’s SEFA grants $1 million to support innovative solar-hydro hybrid project

17-Dec-2019 - The African Development Bank-managed Sustainable Energy Fund for Africa (SEFA) has approved a $990,000 grant to support the preparation of a 9-MW solar-hydro hybrid project in Burundi. The project consists of two plants, each featuring a solar and a hydro component as well as a local distribution network and interconnection to the national power grid.

Madagascar: African Development Bank approves guarantee of $100 million to hydro-power project, to benefit over 2 million people

17-Dec-2019 - The Board of Directors of the African Development Bank has approved a Partial Risk Guarantee (PRG) of $100 million to support the Sahofika hydro-power project in Madagascar, which will add 205 MW of renewable energy generation capacity to the national grid, benefitting over 2 million people. The Bank’s support will include risk mitigation to the project developers and the debt providers by supporting the payment obligations of JIRAMA, the state-owned off-taker.

Egypt: African Development Bank board approves €109 million to transform sewage coverage in Upper Egypt rural areas

17-Dec-2019 - The Board of Directors of the African Development Bank has approved a €109 million facility for the development of sewage disposal and wastewater treatment plants for rural areas in Luxor Governorate in Egypt’s Upper Nile region. The Integrated Rural Sanitation in Upper Egypt – Luxor (IRSUE-Luxor) project is set to boost sewage coverage in the region from 6 percent to 55 percent, improving the quality of life of citizens, including women and children, who are most affected by poor sanitation.

African Development Bank approves $5 million grant to scale up Tony Elumelu Entrepreneurship Programme

16-Dec-2019 - The Board of Directors of the African Development Bank has approved a grant of $5 million to enable the Tony Elumelu Foundation Entrepreneurship Programme to scale up its outreach and impact to 1,000 select youth entrepreneurs.

COP 25: African Development Bank urges African nations to persist with climate change ambitions as marathon talks end in Madrid

16-Dec-2019 - The African Development Bank has urged the continent’s nations to stay the course on climate action, after a marathon session of talks at the twenty-fifth Conference of Parties to the United Nations Framework Convention on Climate Change (COP 25) in Madrid. The conference was scheduled to run from 2 to 13 December, but only concluded business on Sunday, two days after the official programme ended.

African Development Bank commits €20 million to boost private sector competitiveness in Cabo Verde

16-Dec-2019 - The African Development Bank’s Board of Directors today approved a €20 million loan to strengthen the private sector’s role in Cabo Verde’s economic growth.  Bank funding will support the second phase of the Private Sector Competitiveness and Local Economic Development Programme (PSC-LED-II).  The programme will extend fiscal 2019 budget support to the government of Cabo Verde as it undertakes reforms to boost domestic productivity and the country’s overall economy.

Congo : la Banque africaine de développement accorde un prêt de 187 millions d’euros pour appuyer les réformes économiques

16-Dec-2019 - Pour faire face à la baisse de ses recettes fiscales et aux effets de la chute récente du prix du baril de pétrole, notamment un ralentissement de la croissance, le Congo a obtenu, vendredi à Abidjan, un appui financier de 187 millions d’euros de la Banque africaine de développement.

COP 25: Africa pushes for special consideration in Madrid climate talks

16-Dec-2019 - As terrible floods inundate their country, close to 100 Kenyan delegates have convened in Madrid, Spain, along with thousands of global leaders, for the COP 25 climate conference. Of particular concern to African delegates is the disparity between the continent’s contribution to global warming emissions and its vulnerability to climate change impacts. Collectively, the 54 African states represented at the UN climate talks account for less than 4% of global emissions, yet across the continent, every nation is feeling the effects of a changing...

Mobilisation à la COP25 autour des objectifs de lutte contre le changement climatique : « L’avenir de l’Afrique dépend de la solidarité. »

13-Dec-2019 - Ministres, diplomates, représentants d’ONG ou encore journalistes ont appelé, de concert, à bâtir un front uni pour répondre aux défis posés par le changement climatique en Afrique, à l’occasion de la Journée de l’Afrique organisée mardi à la 25ème conférence des Nations unies sur le climat (COP25) à Madrid.

African Development Bank joins forces with international organisations to help developing countries build resilience to extreme weather

13-Dec-2019 - The African Development Bank has joined forces with 11 other international organizations to assist developing countries to build resilience against the impact of natural disasters caused by extreme weather. Following a series of deadly weather events that have caused widespread destruction, especially in Africa, the institutions came together at the COP 25 climate change conference in Madrid on Tuesday to launch the Alliance for Hydromet Development.

Nigeria: African Development Bank approves $124.2 million loan for water sector reforms in Akure to improve access to safe drinking water and sanitation

13-Dec-2019 - The Board of Directors of the African Development Bank on Thursday approved a $ 124.2 million loan to finance the Urban Water Sector Reform and Akure Water Supply and Sanitation Project in Nigeria. The amount includes an African Growing Together Fund (AGTF) loan of $20 million. The overall project cost is $222.69 million and will span five years from 2020-2025.

COP 25: African islands want their place in the sun as they grapple with climate change

13-Dec-2019 - Africa’s small island states are bearing the brunt of climate change, even though technology exists to prevent the worst impacts of extreme weather. Climate expert John Harding said fewer lives were being lost as a result of natural disasters, because of advanced early warning systems. However, many cash-strapped African countries are not benefiting from new technologies to develop early warning systems.

Kenya & Tanzania: Over 3 million people to benefit from African Development Bank’s €345 million road construction support

13-Dec-2019 - Over three million people in Tanzania and Kenya will benefit from a €345 million financing package for road construction support, approved by the African Development Bank’s board in Abidjan on Thursday. The Bank’s support for the Mombasa-Lunga Lunga/Horohoro and Tanga-Pangani-Bagamoyo roads Phase I, is in the form of African Development Bank and African Development Fund loans and represents 78.5% of the total €399.7 million project cost.  The European Union contributed a grant of €30 million, 7.7% of the total project cost, to the government...

African Development Bank validates regional power acceleration programme, to boost bankability of regional power projects

12-Dec-2019 - The African Development Bank has validated a study report on enhancing regional and sub-regional power projects to enhance energy access and integration across the continent.