Loans & Grants

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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.

Categories: Climate Change, Environment, Green Climate Fund


22/08/2018 - The Government of the Republic of Namibia and the African Development Bank have signed a loan agreement worth US$ 217.8 million (ZAR 3 billion) to finance the second phase of the Namibia Economic Governance and Competitiveness Support Programme (EGCSP II).

Categories: Namibia, Partnerships, Economic & Financial Governance


19/07/2018 - The African Development Bank and the Community of Portuguese Language Countries (CPLP) have signed a Declaration to support the “Development Finance Compact for the Lusophone Countries of Africa”.

Categories: Cabo Verde, The President


24/05/2018 - On the sidelines of the African Development Bank Annual Meetings in Busan, Korea, the Fund for African Private Sector Assistance (FAPA) (link is external) donors and the African Fertilizer and Agribusiness Partnership (AFAP) have signed a grant agreement in support of local supply and utilization of fertilizer by smallholder farmers in Africa.

Categories: Partnerships, Fund for African Private Sector Assistance


24/04/2018 - The President of the Republic of Cameroon, Paul Biya, ratified the agreement to establish the African Legal Support Facility (ALSF) on April 13, 2018 in the presence of his cabinet. Cameroon is the 25th Member State to ratify the treaty.

Categories: Cameroon, Economic & Financial Governance, Partnerships, African Legal Support Facility


19/04/2018 - A Memorandum of Understanding to enhance collaboration on sustainable economic development was signed on April 18 by the Asian Infrastructure Investment Bank and the African Development Bank and formalized during the World Bank-International Monetary Fund Spring Meetings in Washington, DC.

Categories: Partnerships


16/04/2018 - Lagos State, Nigeria’s largest healthcare market, lacks an adequate supply of quality secondary and tertiary healthcare facilities with only about 700 to 1,000 quality beds for a population of over 21 million people.

Categories: Nigeria, Health, Private Sector, Industrialization


12/04/2018 - The African Development Bank has signed a loan agreement for a soft commodity finance facility (SCFF) with the Export Trading Group (ETC). This Facility is innovatively structured as two successive loans of US $100 million, each with a tenor of up to 2 years, thus signifying the African Development Bank’s strong commitment to the promotion of agriculture in Africa.

Categories: Trade Finance Program


12/04/2018 - To help unlock economic growth, the African Development Bank is coordinating the implementation of an integrated development strategy for Portuguese-speaking countries in Africa.

Categories: Portugal, Partnerships, The President


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