News & Events
03/10/2017 - Following an official request for support from the Government of Guinea-Bissau, the African Legal Support Facility (ALSF) has provided creditor litigation support and advisory services to Guinea-Bissau during outstanding debt negotiations with the Export-Import Bank of China (Exim Bank). The support led to a series of settlement and debt-restructuring negotiations concluded in Singapore. Guinea-Bissau and Exim Bank agreed to a 90% reduction in outstanding debt obligations, resulting in savings of over US$45 million for Guinea-Bissau.
24/01/2017 - Guinea-Bissau’s proposed Rice Value Chain Development Project to be implemented in the Bafata and Oio regions of the country has received the African Development Bank Group’s support with a loan and a grant amounting to US $5.67 million approved by its Board on January 23, 2017 in Abidjan. The funding will be sourced from the African Development Fund (ADF), the concessional arm of the Group.
26/09/2016 - Le Groupe de la Banque africaine de développement (BAD) et le Gouvernement de la Guinée Bissau, ont procédé, le 19 septembre 2016 à Bissau, à la revue annuelle conjointe de la coopération entre le pays et l’institution.
14/09/2016 - The Board of Directors of the African Development Bank Group (AfDB) on September 8, 2016 in Abidjan, approved two grants of US $1 million each, to Cape Verde and Guinea Bissau as emergency assistance to support the implementation of National Preparedness and Response Plans to fight the Zika virus outbreak in the two countries.
15/04/2016 - L’envoyée spéciale pour le Genre de la Banque africaine de développement (BAD), Geraldine Fraser-Moleketi, se rendra à Bissau, du 21 au 24 avril 2016, pour une visite de terrain. Ayant rejoint la BAD en 2013, Fraser-Moleketi a été auparavant directrice du programme de gouvernance démocratique du Programme des Nations Unies pour le développement (PNUD) et membre du conseil d’administration de l'Institut des Nations Unies pour la formation et la recherche, sur nomination du Secrétaire général de l'ONU. Militante historique de l’ANC, elle a occupé plusieurs postes ministériels à la suite des premières élections démocratiques en Afrique du Sud.
01/10/2015 - The African Development Bank approved on Wednesday, September 30, 2015 a €121.5-million package to the Gambia River Basin Development Organization (OMVG) to improve electricity access and provide renewable, clean and affordable energy in The Gambia, Guinea, Guinea-Bissau and Senegal.
30/09/2015 - The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, September 30, 2015 approved combined loans and grants amounting to US $428.43 million to finance projects in energy, infrastructure, transport and water and sanitation in eight African countries – The Gambia, Ghana, Tanzania, Zimbabwe, Guinea Bissau, Guinea, Senegal and Côte d’Ivoire.
Categories: Côte d’Ivoire, Guinea-Bissau, Guinea, Senegal, Ghana, Tanzania, Zimbabwe, Energy & Power, Infrastructure, Transport, Water Supply & Sanitation, Gender, Employment, Youth, Human Capital Development
30/09/2015 - The Sustainable Energy Fund for Africa (SEFA) approved on September 16 on the sidelines of the African Development Bank’s (AfDB) Energy Week a US $965,000 grant to support the preparation of turnkey run-of-river hydropower plant with an estimated electric capacity of 20 MW at Saltinho, Guinea-Bissau.
09/07/2015 - The African Development Bank (AfDB) Group announced on Wednesday, June 8 the approval of €16.7 million (a €9-million loan and a €7.7-million grant) in financing toward a program which aims to strengthen the electricity distribution network in Guinea Bissau’s capital by rehabilitating the facilities of 31,000 existing subscribers; connecting 10,500 new subscribers; and improving the commercial management and governance of the public utility, the National Electricity and Water Corporation (company named EAGB).
13/05/2015 - The Board of Directors of the African Development Bank Group (AfDB) has approved a US $7.03-million operation to support economic and financial reforms in Guinea Bissau. The US $5.34-million concessional loan and US $1.69-million grant from the African Development Fund (ADF) will provide critical financing for the Emergency Economic and Financial Reform Support Programme (PUAREF), which will help restore basic public financial management foundations and strengthen public sector capacity, both of which are essential for the country’s transition from a post-conflict crisis situation to that of reduced fragility, inclusive growth, and poverty reduction.