All News

Displaying 7429 - 7440 of 7497

ADF launches a study on Fisheries resources developmentin Ethiopia

08-Dec-2004 - 08-Dec-2004 - This study will examine the problems of development of the fisheries sub-sector and aquaculture. A Development Plan, and a set of appropriate actions aimed at better orientation of future interventions in the sub-sector will also be defined. The sector goal is to contribute to reduction of poverty through improvement of the food security of the rural population and sustainable natural resources management. Investments and gains of productivity in the fisheries sub-sector will enhance the utilization of the natural fisheries...

ADF Helps Improve Control of Communicable Diseases in Madagascar

08-Dec-2004 - 08-Dec-2004 - The grant of 6 million Units of Account (9 million US dollars) will be used to enhance safe blood transfusion and improve the quality of preventive and curative medication against communicable diseases (HIV/AIDS, sexually transmitted diseases, tuberculosis and hepatitis). The project will comprise the establishment of an operational blood transfusion network; improvement of access to services for the prevention, diagnosis and treatment of communicable diseases. It also includes national capacity building for epidemiological...

The ADF supports good governance in Malawi

08-Dec-2004 - 08-Dec-2004 - The proposed program aims at enhancing accountability and transparency throughout Malawi’s public sector and supporting targeted legal reforms aimed at improving access to justice, curbing corruption, and accelerating the law reform process. To this end, the loan will help Malawi meet its external financing gap for 2004 towards enabling the Government implements the governance improving measures, which are articulated under the Malawi Poverty Reduction Strategy. The loan program targets reforms in the following two main...

ADF supports institutional and socio-economic integration in Western Africa

08-Dec-2004 - 08-Dec-2004 - The project’s global objective is to help put in place development plans and programs in the water resources, energy and transport sectors of the Liptako-Gourma Region with a view to reducing poverty in the region. Its specific objective is to build ALG’s human and technical capacity so as to improve its performance in terms of economic decision-making, good economic governance and poverty reduction. The project will ensure the reinforcement of human resources and technical capacity building by providing ALG with technical...

Lutte contre la prolifération des plantes aquatiques parasites : Le Fad et la Mauritanie signent un accord de prêt

07-Dec-2004 - 07-Dec-2004 - Le vice-président pour les opérations des régions Ouest et Centre du Groupe de la Banque africaine de développement, M. Bisi Ogunjobi, et l’ambassadeur de la Mauritanie en Tunisie, M. Cheikh Ould Baha, ont signé à Tunis le mardi 7 décembre, un accord de prêt de 1,2 million de dollars EU (809 000 unités de compte) afin de financer le projet multinational degestion intégrée des plantes aquatiques proliférantes en Afrique de l’Ouest. Ce prêt représente la quote-part de la Mauritanie d’un financement global du Fad de 8,45...

Ghana Reaches Completion Point in HIPC Initiative: Obtains major debt relief from the AfDB

01-Dec-2004 - 01-Dec-2004 - Tunis, 1st December 2004 –The Boards of Directors of the African Development Bank (AfDB) and the African Development Fund (ADF) today agreed that Ghana had effectively met the conditions and reached the completion point under the enhanced framework of the Heavily Indebted Poor Countries (HIPC) Initiative. The Bank Group will, as a result, provide irrevocable debt relief of US$ 131 million in net present value (NPV) terms to the country. Ghana will be released from up to 80 percent of annual debt service to the Bank...

ADF supports economic reforms in Mozambique

01-Dec-2004 - 01-Dec-2004 - In order to alleviate the Government’s budget constraints, which remains a major problem for the country, the Board of Directors of the African Development Fund (ADF) has approved on 1st December 2004 in Tunis, a loan amounting to 30 million Units of Account (US$ 50 million), to finance the second Programme of Economic Reform and Good Governance for the Reduction of Poverty. (PER-GROP II) The PER-GROP II aims at assisting the Government in the implementation of its poverty reduction strategy in order to accelerate growth,...

AfDB Helps Morocco Liberalize Transport Sector

01-Dec-2004 - 01-Dec-2004 - The Transport Sector Reform Programme (TSRP), which funding was today approved by the ADB with a budget support loan of 240 million euros (about 2.7 billion dirhams), aims at improving the contribution of the transport sector to the national economy by liberalizing the market and reducing transport costs. The Programme will generate an improved liberalization of the transport market, as well as professional, structural and organizational upgrading of the operators of the sector. It will also help establish State divestiture...

Opérations du secteur privé en Afrique du Sud : La BAD octroie une délégation de crédit à Nedbank

01-Dec-2004 - 01-Dec-2004 - La projet vise à désigner Nedbank comme mandataire de la BAD et à lui accorder une délégation de crédits basée sur le partage des risques (RSAL), dont les ressources seront utilisées pour investir dans les projets pertinents remplissant les conditions requises. La RSAL sera utilisée par le mandataire pour accorder des prêts à des emprunteurs identifiés, en vue du financement de sous-projets spécifiques. Les sous-projets concernés seront financés par la Nedbank dans les secteurs suivants: i) les infrastructures et les...

Private sector operations in Kenya : ADB grants a line of credit to KCB

01-Dec-2004 - 01-Dec-2004 - Since its incorporation, KCB has emerged as the largest bank in Kenya's financial sector. The KCB Group has the widest network of outlets in the country, comprising 113 full-time branches and 35 satellite branches representing over 55% of the total banking outlets in Kenya. Of these, 80% are located the rural areas, with representation in all administrative districts. All branches provide a comprehensive range of Retail, Personal, and Corporate banking as well as other financial services. KCB also established a network of over...

Ghana Reaches Completion Point in HIPC Initiative: Obtains major debt relief from the ADB

01-Dec-2004 - 01-Dec-2004 - The Bank Group will, as a result, provide irrevocable debt relief of US$ 131 million in net present value (NPV) terms to the country. Ghana will be released from up to 80 percent of annual debt service to the Bank Group until the entire amount is delivered sometime in January 2013. In practical terms, its 2004 debt service obligations, for example, will fall from about US$ 25.15 million to about US$ 5.03 million. To reach completion point, the government had to fulfill three key conditions: - Completion and satisfactory...

Signature d’un accord de don du Fonds africain de développement : Renforcement de la lutte contre le VIH/SIDA au Mali

30-Nov-2004 - 30-Nov-2004 - M. Théodore Nkodo, vice-président du Groupe de la Banque africaine de développement pour les opérations Nord, Est et Sud, et M. Boubacar Gaoussou Diarra, ambassadeur du Mali à Tunis, ont signé l’accord de don. Le montant de ce don, 8,3 millions d’unités de compte (6,4 millions de FCFA), contribuera à réduire le taux de séroprévalence par l’amélioration des services de dépistage, la mise à disposition des antiviraux aux malades du SIDA. Le projet vise également à améliorer les actions de conseil, à assurer la formation du...