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Cooperation in progress: AfDB Meets with JICA

27-Jan-2005 - JICA is also interested in human capacity development operations, with particular reference to strengthening of existing specialized African institutes to train

Multinational Electric Power Grids Study: ADF supports Energy Integration in Western Africa

26-Jan-2005 - In this perspective, the Board of Directors of the African Development Fund (ADF), the concessional window of the Bank Group approved in Tunis on Wednesday, a grant of 3.45 million Units of Account (UA*) equivalent to US$ 5.35 million, to finance a hydro-electric study for the benefit of the Gambia River Basin Development Organization (OMVG) countries. Specifically, the project involves detailed studies and the preparation of bidding documents for the Sambangalou and Kaléta Hydro-Electric power schemes as well as the interconnection of the...

Multinational Electric Power Grids Study: ADF supports Energy Integration in Western Africa

26-Jan-2005 - Tunis, 26 January 2005 – The African Development Bank (ADB) Group has decided to support the development of integrated hydro-electric power in West Africa. River basins in the sub-region offer an opportunity for the development of the largely unexploited energy potential. Hydropower would help end the persistent problems of power shortage and the heavy dependence on imported petroleum products for the production of electricity through the inter-connection of the sub-regional power grids.

ADB Gets Award from Zanzibar

25-Jan-2005 - The Minister of Education, Culture and Sports, Honorable Haroun Ali Suleiman, in his speech, explained that the Bank’s involvement in the development of the Education Sector in Zanzibar started with Education II Project, which came at a time when most bilateral partners had suspended their support to Zanzibar on political grounds.

ADF, Uganda sign 6 grant and loan agreements: sustainable development and environment protection

18-Jan-2005 - The ADB Vice-President for operations, Mr. Bisi Ogunjobi and Uganda’s Minister of State in charge of Investments, Finances Planning and Economic Development, Mr.

ADF, Madagascar sign agreements related to Good Governance and fight against AIDS

13-Jan-2005 - The ADB Vice-President for North, South and East operations, Mr. Theodore Nkodo and Madagascar Minister of Finances, Mr. Benjamin Radavidsonsigned in Tunis two grant agreements from the African Development Fund (ADF) to finance a project for the control of communicable diseases HIV/AIDS, sexually transmitted diseases STD, tuberculosis and hepatitis) and a project of Institutional Capacity Building for Good Governance (PRIBG)in the amount of about US$ 9 million, equivalent to UA* 6 million for each project.

AfDB, WAEMU Seek to Strengthen Cooperation

13-Jan-2005 - Tunis, 13 January 2005 – The African Development Bank Group (ADB) and the West African Economic and Monetary Union (WAEMU) are working on a Protocol Agreement aiming at formally boosting cooperation between the two Institutions. This agreement could be finalized by June 2005. This is the conclusion reached at a recent working session held between the two Institutions within the framework of a visit to the Temporary Relocation Agency by a WAEMU delegation headed by the Chairman of the WAEMU Commission, Mr. Soumaïla Cisse.

ADF, Burundi sign 4 loan and grant agreements to support socio-economic reforms, institutional modernization and good governance

12-Jan-2005 - The ADB Vice-President for Central and West operations, Mr. Bisi Ogunjobi and Burundi’s Minister of Finances, Mr. Athanase Gahungu signed in Tunis four loan and grant agreements from the African Development Fund (ADF) to finance three important operations for a total amount of US$ 36 million equivalent to UA* 23 million. These three operations will focus on administrative modernization, basic infrastructure rehabilitation, protection of environment and reinforcement of capacity building.

Green light for AfDB regional office in Dakar: The AfDB will have 25 representation offices in Africa at the end of 2006

28-Dec-2004 - Tunis, 28 December 2004 – The Senegalese National Assembly has ratified the agreement establishing the African Development Bank (ADB) Group regional office in Dakar. The Regional office covers the activities of the ADB and the African Development Fund (ADF) in Senegal, Mauritania, The Gambia and Cape Verde.

ADF, Liptako-Gourma Authority Sign Grant Agreement: Improve economic integration in Western Africa

27-Dec-2004 - The Institutional Support Project funded by the ADF will provide ALG, a regional cooperation organization including Burkina-Faso, Mali and Niger, with an energy and rural transport plan for the Liptako-Gourma Region which by the year 2006 will lead to a regional stock watering programme, a regional electrification programme and a rural road programme.

Rwanda: ADF Road Project will help Open up Rural Areas

20-Dec-2004 - The Board of Directors of the ADF approved in Tunis on Monday, a loan of 15.20 million Units of Account (UA*), equivalent to 23.35 million US dollars to finance the Gitarama-Ngororero-Mukamira road project.

Donors agree on Tenth Replenishment of the African Development Fund

17-Dec-2004 - Copenhagen, 17 December 2004 – The African Development Fund (ADF) Deputies met in Copenhagen, Denmark, on December 16-17, 2004, for the Tenth Replenishment of the African Development Fund. Representatives of borrowing countries (Burundi, Ethiopia, Mali and Zambia) also participated in the replenishment discussions.

African Development Bank Group resumes its assistance to Congo

14-Dec-2004 - Tunis, 14 December 2004 – The African Development Bank (ADB) Group clears 33% of Congo’s arrears and resumes its assistance to the country by supporting economic reforms programme.

African Development Bank Group resumes its assistance to Congo

14-Dec-2004 - The AfDB Vice-President for Central and West operations, Mr. Bisi Ogunjobi, and Congo Minister of Economy, Finance and Budget, Mr. Rigobert Andely, signed today in Tunis a grant agreement of US$ 51.1 million (33.3 million Units of Account or 26 billion FCFA) to finance an arrears clearance programme. Mr Ogunjobi and Mr. Andely also ratified an African Development Fund (ADF) loan agreement, to support the Policy Reform Programme, reaching US$ 10.7 million (UA 7 million).

Projet de corridor routier Mombasa-Nairobi-Addis-Abeba : Le Fad soutient le plan d’action à court terme du NEPAD pour l’infrastructure

13-Dec-2004 - Le présent projet routier constitue un important tronçon de la route transafricaine allant du Caire au Cap. Soumise à un trafic très dense, elle n’est plus adaptée à sa double vocation de route internationale principale reliant le Kenya et l’Ethiopie, mais aussi de voie transafricaine. Cette situation représente un obstacle physique majeur pour le commerce et l’intégration régionale.

ADB Supports Public Administration Reform in Morocco

13-Dec-2004 - The Board of Directors of the ADB in  Tunis on Monday approved a loan of 100 million Units of Account (UA*), equivalent to 153.60 million U S dollars (121 million Euros), in budget support to finance the Public Administration Reform Support Programme (PARAP). The goal of the programme is to promote strong economic growth and sustainable development, strengthening the competitiveness of the economy while ensuring medium-term macro-economic viability. The project hinges on the following four components:

The African Development Fund supports Congo’s Policy Reform Programme

13-Dec-2004 - This policy reform programme has been approved by the Board of Directors of the African Development Fund (ADF) today through a loan of 7 million Units of Account (UA)*, equivalent to US$ 10.50 million for financing its implementation.

African Virtual University: ADF Promotes Access to Quality Education in Africa

13-Dec-2004 - Le conseil d’administration du FAD, le guichet concessionnel du Groupe de la Banque africaine de développement (BAD), a approuvé le don à Tunis lundi, pour permettre à l’UVA de mettre en œuvre son programme de travail quinquennal (2003-2007), pour faire face aux demandes croissantes pour des études de 3e cycle de qualité.

ADF promotes Good Governance in Tanzania

13-Dec-2004 - The grant of 4.797 million Units of Account (US$ 7 million), which was approved today by the ADF, will support reforms that are expected to be undertaken under the Poverty Reduction Support Loan (PRSL), the budget support operation that was approved by the ADF Board of Directors in October 2004. The project will contribute to improving economic growth in Tanzania by improving the management of public finances and enhancing the efficiency of the legal sector and judiciary system in Zanzibar, where good corporate management practices will be...

ADF supports the development of Power interconnection between Djibouti and Ethiopia

13-Dec-2004 - The common sector goal is to improve the population’s access to electricity in Ethiopia and Djibouti through regional cooperation in the energy sector within the context of the New Partnership for Africa’s Development (NEPAD) programme. The indicator for this goal will be the electricity access in Ethiopia increased from 13% in 2003 to 20% by 2012 and electricity access in Djibouti increased from 49.5% in 2003 to 60% by 2015.