News & Events
01/06/2009 - The African Development Bank (AfDB) Group and Liberia have signed a grant agreement of €1,694,000 to finance the country’s Water Sector Reform Study. The initiative is expected to support government efforts to improve water resources management, thereby contributing to efforts at alleviating poverty and meeting MDG targets for water supply and sanitation in the country.
14/05/2009 - The African Development Bank (AfDB) Group and the Republic of Liberia, today, signed two agreements totaling UA 6.5 million, equivalent to US$ 10 million, for the implementation of an Agriculture Sector Rehabilitation Project and financing training and technical skills needed for the project’s execution in the country. The signing took place during the 2009 AfDB Annual Meetings in Dakar.
04/05/2009 - Efforts by the Liberian government to improve the living conditions of the people received a big boost on Wednesday in Tunis, where the Boards of Directors of the African Development Fund (ADF), the concessionary window of the African Development Bank (AfDB) Group, approved a grant of 6.5 million Units of account (UA*), about US$ 9.7 million, to finance an agricultural rehabilitation project.
22/12/2008 - The African Development Bank (AfDB) Group has approved a grant of UA* 12 million, equivalent to US$ 17.86 million, for Liberia to finance the Public Financial Management Reform Support Programme (PFMRSP) I. The programme’s UA 9 million financing from the Fragile States Facility (FSF) is enhanced by a UA 3 million grant in the form of an allocation from the Surplus Account of the AfDB to the African Food Crisis Response (AFCR).
23/04/2008 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday in Tunis an Equity investment of US$900,000 in Access Bank Liberia (ABL) and a US$ 1 million grant from the Fund for African Private Sector Assistance (FAPA) to support small businesses and post-conflict recovery efforts in Liberia.
18/07/2007 - Liberia has become the 14th African country to join the Extractive Industries Transparency Initiative (EITI), a global coalition of governments, companies, civil society groups and investors devoted to ensuring that proceeds from extractive industries such as petrol, diamond and gold, among many others, are used to develop countries in which the minerals are found and improve the living conditions of the people.
20/07/2006 - ADB President Donald Kaberuka and Britain's Secretary for International Development, Mr. Hilary Benn, were in Liberia following two days of fruitful discussions on good governance reforms and the anti-corruption drive in post-war Sierra Leone.