Displaying 251 - 300 of 357
14-May-2009 - Dakar, May 14, 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.
Signing Ceremony between the African Development Bank and the Intercontinental Bank Plc of Nigeria for a Line of Credit of USD 100 million
13-May-2009 - Dakar – 13 May 2009- Dr. Mandla S.V. Gantsho, Vice President in charge of Infrastructure, Private Sector and Regional Integration of the African Development Bank Group (AfDB) and Dr. Ersatus Akingbola, CEO of Intercontinental Bank Plc.(ICB) signed today a loan agreement for a Line of Credit (LoC) of USD 100 million to support the Intercontinental Bank Plc. of Nigeria to finance small and medium sized enterprises (SMEs).
12-May-2009 - Dakar, 12 May 2009 – The African Development Bank (AfDB) Group and the Ugandan government have signed three loan agreements worth 132 million Units of Accounts (UA*), equivalent to US$ 197.7 million to finance projects and programmes in the country.
10-Apr-2009 - Tunis, le 10 Avril 2009 - La Banque africaine de développement (BAD) et la Guinée-Equatoriale ont signé, ce vendredi 10 Avril à Bata (Guinée-Equatoriale), trois protocoles d’accords dont deux prêts d’un montant de 70 millions d’UC et un accord de don de 395.515,25UC.
03-Apr-2009 - Guinea-Bissau’s Economy and Plan Minister, Héléna Maria José Nosolini Embalo; the WHO Resident Representative in Bissau, Allarangar Yokouide; and the African Development Bank (AfDB) Group’s Regional Resident Representative in Senegal, Mohamed H’Midouche; on Friday, February 27, 2009, in Bissau, signed a letter of agreement for the implementation of a US$ 500,000 emergency aid grant in support of efforts at checking a cholera epidemic.
17-Mar-2009 - The Bank Group on Monday, March 16, 2009, in Tunis signed a loan agreement of Units of Account (UA) 100 million for the Nyamitanga-Ruhwa-Ntendezi-Mwittyazo multinational road project and an electrical interconnection network project of UA 99.77 million for the Nile equatorial lakes region as part of the total cost of UA160 million with the governments of Rwanda and Burundi.
16-Mar-2009 - Tunis, 15 March 2009 - The African Development Bank (AfDB) Group affirmed its support to a major power project in Egypt on Sunday, 15 March 2009 in Cairo, with the signing of a US$ 450 million loan agreement for the construction of a 1300 MW (2x650 MW) steam turbine power plant near Ain Sokhna seaport on the Gulf of Suez.
13-Mar-2009 - Kigali, 11 March 2009-The Bank Group and Rwanda on March 7, 2009, in Kigali, signed protocol agreements for two grants amounting to US$ 17.2 million to support the second phase of a Science and Technology for Skills Development and Competitiveness and Enterprise Development Projects in the country. The agreements were signed by Rwanda’s Finance Minister, James Musoni, and the Bank Group’s Field Office Resident Representative, Jacob Diko Mukete.
10-Mar-2009 - Tunis, 7 March 2009 – The African Development Bank Group (AfDB) and Côte d’Ivoire on Friday, March 6, 2009, signed three grant agreements worth CFAF 248 billion, that have enabled the country clear its debt arrears to the institution and re-engagement with development partners. The first agreement was on the Bank’s contribution worth CFAF 184 billion to the country’s arrears clearance. The other agreements with a combined value of CFAF 64 billion aim at supporting the country’s economic and financial reform...
23-Feb-2009 - The Bank Group and Kenya on February 18, 2009, signed two loan agreements worth UA 42 Million for the Community Empowerment and Institutional Support Project (CEISP) and the Technical, Industrial, Vocational and Entrepreneurship Training (TIVET) Programme. The CEISP and the TIVET will have UA 17 million and UA 25 million, respectively.
20-Feb-2009 - Tunis, 20 February 2009 – The African Development Bank (AfDB) Group and the Republic of Benin signed on Friday in Tunis an agreement for an African Development fund (ADF) loan of 25 million Units of Account (UA*), equivalent to US$ 37 million (CFAF 19 billion), to finance the country’s Milk and Meat Sectors Support Project (PAFILAV).
AfDB and Cape Verde Sign US $7.44 Million Loan Agreement for Budget Support Programme to Fight Poverty
09-Jan-2009 - The African Development Bank (AfDB) Group and Cape Verde have signed a loan agreement of UA 5 million, equivalent to US$ 7.4 million or CVE 667,990,000 on Wednesday, January 7, 2009, in Tunis. Approved by the AfDB Board of Directors on December 22, 2008, the loan is designed to finance the Second Budget Support Programme to Cape Verde’s Poverty Reduction Strategy (PASRP-II).
09-Jan-2009 - Banjul, January 9, 2009 - The protocol agreement on a grant to finance the livestock and horticulture development project which was approved by the African Development Fund (ADF) Board of Directors on the December 26, 2008, was signed on Friday in Banjul, The Gambia. The agreement was signed for the country by its Finance and Economic Affairs Secretary of State, Mousa Gibril Bala-Gaye, and AfDB’s Regional Resident Representative in Senegal, Mohamed H’Midouche.
23-Dec-2008 - Tunis, December 22, 2008 -The African Development Bank (AfDB) Group and Senegal on Monday, December 22, 2008, in Tunis signed a loan agreement worth UA 30 million, equivalent to CFAF 23 billion, to support a poverty reduction strategy programme in the country which had been approved on the same day by the AfDB Board of Directors.
15-Dec-2008 - The AfDB and the Government of The Netherlands signed on December 5, 2008, in Tunis an agreement related to the Dutch contribution to the Partnership Secretariat of Making Finance Work for Africa (MFW4A).
10-Dec-2008 - Question: What does your country expect from the Bank after signing this agreement on its contribution to the Partnership Secretariat of "Making finance work for Africa"?
05-Dec-2008 - La Banque africaine de développement et l’Organisation mondiale de la santé ont procédé, jeudi 4 décembre 2008 à Tunis, à la signature d’un accord de don d’un montant de 15 millions d’unités de compte (environ 23 millions de dollars EU), relatif au financement du programme africain de lutte contre l’onchocercose ou « cécité des rivières ». Les cosignataires de l’accord étaient la vice-présidente de la BAD chargée des opérations sectorielles, Zeinab El-Bakri, et la sous-directrice régionale de l’OMS pour l’...
Zambia Signs US$ 24 Million AfDB Budget Support Loan Agreement-Endorses African Legal Support Facility Agreement
03-Dec-2008 - Lusaka, 2 December 2008 - Zambia and the African Development Bank (AfDB) Group on Tuesday in Lusaka, signed a US$ 24 million Loan Agreement to finance the country’s Second Poverty Reduction Budget Support (PRBS) program, which aims at developing the private sector and improving public finance management. The agreement was signed by Zambia’s Minister for Finance and National Planning, Situmbeko Musokotwane and the AfDB’s Resident Representative in Zambia, Vivienne Apopo.
01-Dec-2008 - Un accord de 5 millions de dollars, entérinant la contribution des Pays-Bas à l'Association pour le développement de l'éducation en Afrique (ADEA), a été signé lundi à Tunis à la Banque africaine de développement (BAD), qui abrite l'ADEA depuis le mois d'août 2008. La contribution aidera à financer le Plan à moyen terme (2008-2012) de l'ADEA pour les cinq prochaines années.
01-Dec-2008 - The African Development Bank (AfDB) Group, on Monday, December 1, 2008, in Tunis signed a technical cooperation agreement establishing a new bilateral € 2 million trust fund with the Portuguese government.
27-Nov-2008 - Dar es Salaam, 26 November, 2008 – A new loan to reduce poverty through more transparency and accountability in the management of public funds was signed on Wednesday, 26 November 2008, in Dar es Salaam, between the Tanzanian government and the African Development Bank (AfDB) Group. After less than a month from its approval by the Board, the Bank fast tracked the signing of the loan agreement to make resources available to the government in good time.
20-Nov-2008 - MZFO’s Res Rep Alice Hamer, and Mozambique’s Minister of Planning and Development, Minister Aiuba Cuereneia, the country’s Bank Group Governor, signed on 17 November, 2008, the second Poverty Reduction Support Loan (PRSL II), amounting to 60 million UA, to finance the Government’s second Absolute Poverty Reduction Support Program (PARPA II).
19-Nov-2008 - Lilongwe, 19 November 2008- The Bank Group and the Malawi Government on Wednesday, November 19, 2008, in Lilongwe signed loan and grant agreements totalling US$ 60.2 million equivalent to UA 43.31 million to finance some components and activities in the National Water Development Programme and the Local Economic Development Project during the next five years.
19-Nov-2008 - The African Development Bank Group on Monday, November 17, 2008, in Tunis signed agreements for a loan and grant with Niger to finance the Kandadji Ecosystems Regeneration and the Niger Valley Development Programme (KERNVDP). Estimated at UA 40 million, equivalent to US$ 62 million, the loan and grant will make it possible for the country find solutions to the recurrent drought it is facing and the degradation of natural resources by regenerating the riverine ecosystems and boosting agricultural production with...
18-Nov-2008 - Maputo, 17 November 2008 – The African Development Bank (AfDB) Group and the government of Mozambique have signed a US$90 million budget support loan agreement to finance the country’s second Absolute Poverty Reduction Support Program (PARPA II). The agreement was signed on Monday, 17 November 2008, in Maputo by Mozambique’s Planning and Development Minister, Aiuba Cuereneia, and the AfDB’s Resident Representative in Mozambique, Alice Hamer.
15-Oct-2008 - Tunis, 15 October 2008 – The African Development Bank Group and the Malian government have signed an agreement for a budget support loan of 33 million Units of Account (UA*), about CFAF 23 billion to finance the country’s Growth and Poverty Reduction Strategy Support Programme (GPRSSP). The agreement for the African Development Fund (ADF) loan was signed on Monday in Tunis by the Bank Group’s Vice President for Sector Operations, Zeinab El-Bakri and Mali’s Ambassador to Tunisia, M’Barakou Arafa Askia Toure.
05-Aug-2008 - Tunis, 5 August 2008 - The African Development Bank (AfDB) Group and the West African Monetary Institute (WAMI) on Monday, in Tunis, signed a grant agreement of 14 million Units of Account (UA*), equivalent to US$ 23 million, to finance the West African Monetary Zone Payment System Development project, which aims at creating a single currency in the sub-region by standardizing the payment systems in The Gambia, Guinea and Sierra Leone.
30-Jul-2008 - Tunis, 30 July 2008 - The African Development Bank (AfDB) Group on Wednesday, 30 July 2008, in Tunis, signed a loan and grant agreements of 32 million Units of Account (UA*), equivalent to US$ 52 million (CFAF 22 billion) to finance a drinking water supply and sanitation project in Gao, Koulikoro and Segou regions of the country. The Agreements were signed on behalf of the Bank Group’s Operations, Infrastructure, Private Sector and Regional Integration Vice-President, by Division Manager Ali Kies and Mali’s...
22-Jul-2008 - Tunis, 22 July 2008 – The African Development Bank Group (AfDB) and the West African Development Bank (BOAD) on Monday, in Tunis, signed a financial agreement comprising an equity participation, a line of credit and an institutional support amounting to CFAF 28.7 billion. The support aims at strengthening BOAD’s financial and institutional capacity to consolidate its role as a sub-regional financial intermediary.
17-Jul-2008 - Tunis, July 18, 2008 - The African Development Bank (AfDB) Group and the Burkina Faso government have signed a combined loan and grant agreement of 45 million Units of Account (UA*), equivalent to US$ 73.5 million (FCFA 30.6 billion) to finance Burkina Faso’s Fourth Poverty Reduction Strategy Support Programme (PRSSP IV).
27-Jun-2008 - Tunis, 25 June 2008 – The African Development Bank (AfDB) and the Kingdom of Morocco have signed a €66 million loan agreement to finance the third phase of the country’s Public Administration Reform Support Programme (PARAP III) which was approved on Wednesday, 25 June 2008, in Tunis, by the Board of Directors of the Bank Group.
25-Jun-2008 - The Bank Group on Tuesday in Addis Ababa signed its first private sector loan agreement in Ethiopia. The US$ 200 million loan agreement between the Bank Group representing other donors - IFC, EIB and Development Bank of Ethiopia - and the Derba Midroc Cement PLC will help the Ethiopia-based company finance its projects in the country. The signing ceremony was attended by the country’s President, Grima Worlde Giorgis; Ethiopia’s Deputy Prime Minister, Addisu Legesse; as well as other senior government officials,...
16-Jun-2008 - Lusaka, 12 June – The African Development Bank (AfDB) Group on Thursday in Lusaka, signed US$ 1.2 million grant agreement with the Zambia Electricity Supply Corporation (ZESCO). AfDB Vice President for Country Policy and Programmes, Joseph Eichenberger, who signed for the Bank, said at a brief ceremony at the ZESCO headquarters that the grant would finance advisory services for two electric power generation projects in Zambia.
03-Jun-2008 - Tunis, 3 June 2008 – The African Development Bank (AfDB) Group and the Republic of Benin have signed an agreement for a loan of 17.39 million Units of Account (UA), equivalent to US$ 28.2 million (FCFA 11.9 billion) to finance the country’s segment of a power connection line with neighbouring Togo and Ghana. The agreement was signed on Monday in Tunis by the Bank Group’s Vice-President in charge of Infrastructure, Private Sector and Regional Integrations, Mandla Gantsho, and Benin’s Ambassador to Morocco, Bio...
15-May-2008 - AfDB continues to support Regional Development Finance Institutions with comprehensive financial support to the Eastern and Southern African Trade and Development Bank (PTA Bank)
15-May-2008 - Maputo, Mozambique, 15 May 2008 – Highlights of the 2008 meetings include the admission of Turkey as the 26th Non-regional member of the Bank Group, the signing of an agreement extending the Nigerian Trust Fund (NTF), the second concessional loan window Group. The Board of Governors (finance and/or economy ministers) representing 78 member countries of the Bank Group also considered and endorsed ongoing reforms at the institution and the Bank’s preliminary response to the recommendations of an Independent High...
05-May-2008 - African Development Bank Signs Loan Agreement with Advans Bank Congo Tunis, 5 May 2008 – The African Development (AfDB) Group and the Advans Bank Congo, on Monday in Tunis, signed an agreement for an equity investment of US$ 1.1 million to enable Advans Congo support small businesses in the Democratic Republic of Congo.
16-Apr-2008 - The Bank Group and Cape Verde signed on Thursday, in Praia, an agreement for an ADF loan of 4.82 million Units of Account* (UA) to help finance an electricity production and transmission project on Santiago Island. The AfDB Resident Representative in Senegal, Mohamed H’Midouche, signed on behalf of the African Development Fund, the soft loan arm of the African Development Bank Group, while the Minister of Economy, Growth and Competitiveness, Jose Brito, signed for his country.
10-Apr-2008 - The Bank Group signed on Thursday in Tunis a grant agreement of 35.70 million Units of Account (UA*), equivalent to US$ 58 million, to finance the Inga hydro-power stations, the Kinshasa distribution network and a rehabilitation and upgrading project (RDPMDP).
07-Apr-2008 - Rabat, 7 April 2008 – The African Development Bank (AfDB) Vice President for Finance, Thierry de Longuemar, Morocco’s Economy and Finance Minister, Salaheddine Mezouar and the Director General of the country’s National Electricity Corporation (ONE), Younes Maamar, have agreed to proceed with the signing of a supplementary loan and project guarantee agreement for the Ain Beni Mathar power station in Morocco.
25-Mar-2008 - Tunis, 25 March 2008 - The African Development Bank Group and Madagascar have signed loan and grant worth 9.5 million Units of Account (UA*), equivalent to US$ 15.3 million, to finance the Manombo Irrigation Area Rehabilitation Project (PRPIM), in the south-western part of the country.
03-Mar-2008 - Tunis, 29 February 2007 – The African Development Bank (AfDB) Group on Friday in Tunis signed three grant agreements of 41.8 million Units of Account (UA*), equivalent to US$ 66.68 million, with the Central African Republic (CAR) and the Economic and Monetary Union of Central African States (CEMAC) to finance the Douala-Bangui and Douala-Ndjamena road corridor, linking Cameroon, the CAR and Chad.
22-Feb-2008 - Tunis, 22 February 2007 – The African Development Bank (AfDB) Group and Cameroon signed an agreement for a loan of 48 million Units of Account (UA*), equivalent to US$ 76.57 million (FCFA 36 billion) to finance the Douala-Bangui and Douala Ndjamena road corridor, linking Cameroon, the Central African Republic (CAR) and Chad.
AfDB Signs € 10 Million Private Sector Loan Agreement with SIAT-Gabon for Agricultural Expansion Project
20-Feb-2008 - Tunis, 19 February 2008 - The African Development Bank (AfDB) Group has signed an agreement for a loan of € 10 million under its private sector window with the Tropical Agriculture Investment Company (SIAT) of Gabon to finance an agriculture expansion project in the country. The agreement was signed on Tuesday in Tunis by the Vice President in charge of Infrastructure, Private Sector and Regional Integration, Mandla Gantsho, and the Chairman of SIAT-Gabon, Pierre Vandebeeck, in the presence of the AfDB Executive...
18-Dec-2007 - On January 17th, alongside its partners, the African Development Bank signed the Loan agreement for the RascomStar-QSF project alongside its development partners. The loan is the final piece of the financing arrangements that will see the launch of the first pan-African communications satellite on 20th December. The total investment in the project is US$380 million of which the Bank provided a loan of US$50 million.
East African Submarine Cable System reaches financial close-The African Development Bank Signs Loans for the EASSy Cable Project
23-Nov-2007 - Tunis, 23 November 2007 – The African Development Bank (AfDB), along with other participating development financial institutions (DFIs) have signed loan agreements for the East African Submarine Cable System (EASSy), the landmark fibre-optic cable project that will connect 22 coastal and land-locked African countries to each other and the rest of the world with high-quality Internet and international communications services.
29-Oct-2007 - Tunis, 29 October 2007 - Efforts to accelerate the implementation of the Bujagali Power Interconnection Project (BIP) in Uganda received a boost last week with the signing of a 19.21-million Units of Account (UA*), about US$ 29.7 million agreement by officials of the African Development Bank Group and the Government of Uganda.
25-Oct-2007 - President Kaberuka Signs €256.27 Million Loan for Gabon Tunis, le 26 October 2007 – The African Development Bank (AfDB) Group and the Government of Gabon on Thursday in Tunis signed an agreement for a loan of 256.27 million euros (175 billion FCFA) to finance one of the biggest projects that the Bank has ever supported in any of its regional member countries in the past years.
17-Jul-2007 - Bank starts joint review of agriculture and rural development with IFAD. Tunis 16 July - The African Development Bank (AfDB) today signed an agreement with the International Fund for Agricultural Development (IFAD) to conduct a joint review of their work in supporting agriculture and rural development in Africa over the last ten years.