Loans & Grants
17/01/2019 - The African Development Bank (AfDB) has signed financing agreements worth €115 million with the Government of Rwanda to support the Rwanda Sustainable Water Supply and Sanitation Programme as additional financing. The funding, which comprises €114.27 million from the AfDB window and €0.8 million from the Rural Water Supply and Sanitation Initiative Trust Fund, augments the original financing of €104 million AfDB loan and €43 million Africa Growing Together Fund loan approved by the Bank’s Board in 2017.
09/01/2019 - La Commission européenne et la Banque africaine de développement ont procédé,- à la signature de deux accords de co-financement, au profit du projet d’interconnexion électrique entre le Cameroun et le Tchad et de la Dorsale transsaharienne à fibre optique (DTS). C’était le jeudi 20 décembre 2018, au siège de la Commission européenne à Bruxelles.
08/01/2019 - The African Development Bank Group, through its Trade Finance operations, has approved a US$14.12 million facility to support the Federal Republic of Nigeria’s membership in the African Trade Insurance Agency (ATI). This is a critical and mandatory step to enable ATI commence its operations in Nigeria. Nigeria, as Africa’s largest economy, joins 14 other African countries that have already signed up to ATI membership.
07/01/2019 - Point de passage obligé pour les importations et les exportations gabonaises, le GSEZ New Owendo International Port (NOIP), situé au sud de la capitale Libreville, est en pleine modernisation. Pour en assurer l’expansion, le Conseil d’administration de la Banque africaine de développement a approuvé, le vendredi 14 décembre 2018, un prêt de 40 millions d’euros en faveur du Gabon.
19/12/2018 - The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, approved on 14 December 2018, credit risk participations by the Private Sector Credit Enhancement Facility (PSF) in seven loans cumulatively valued at US$149 million.
Categories: Private Sector
18/12/2018 - The Board of Directors of the African Development Bank has approved a US$7.5 million equity investment in Africa Tech Ventures (ATV) to boost operations of highly scalable companies that use technology to innovate in key sectors such as consumer goods, corporate services, education, logistics, energy, fintech, agriculture or healthcare.
09/11/2018 - The African Development Bank and the Industrial Development Corporation of South Africa, have signed a US$100 million and ZAR 1.3 billion loan agreement to finance industrial and infrastructure projects in South Africa and other African countries. This facility will support IDC in delivering on its industrial mandate.
23/10/2018 - The Board of the Green Climate Fund (GCF) has approved funding for three proposals from the African Development Bank totaling over US$110 million. The approvals were granted at the GCF’s 21st Board Meeting held October 17 – 20 2018 in Manama, Bahrain. Overall, the GCF Board, which was co-chaired by Paul Oquist from Nicaragua, and Ambassador Lennart Båge from Sweden, considered 20 funding proposals requesting approximately US$1.2 billion.