Agreements

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27/08/2014 - The President of the African Development Bank Group (AfDB), Donald Kaberuka, and the World Health Organization (WHO) Regional Director for Africa, Dr. Luis Sambo, on Tuesday, August 26 signed a Memorandum of Understanding (MoU) cementing a US $60 million Bank grant to help strengthen West Africa’s public health systems in response to the Ebola crisis.

Categories: Liberia, Nigeria, Côte d’Ivoire, Guinea, Sierra Leone, Health, Human Capital Development, Poverty Reduction, Ebola


28/05/2014 - Snamprogetti Netherlands B.V. admits to corrupt practices from 1995 until 2004 by affiliated companies in relation to the award of AfDB-financed services contracts for liquefied natural gas production plants on Bonny Island, Nigeria.

Categories: Nigeria, Netherlands, Energy & Power, Integrity and Anti-Corruption


23/05/2014 - The Export-Import Bank of India (Exim Bank) and Nigeria signed a US $100-million line of credit agreement on May 22, for the financing of three energy projects in the provision of electricity transformers to solar electrification in rural areas.

Categories: Rwanda, Nigeria, India, Energy & Power, Infrastructure, Partnerships


23/08/2013 - The African Development Bank (AfDB) and the African Union Commission (AUC) have signed a grant agreement worth US $45 million to boost the Pan African University.

Categories: Kenya, Cameroon, Nigeria, Algeria, Tunisia, Partnerships, Human Capital Development, Education, Youth, ADF


19/06/2013 - Dr. Donald Kaberuka, President of the African Development Bank (AfDB), and Prof. David Malone, Rector of United Nations University (UNU), signed a Memorandum of Understanding (MOU) to foster research and knowledge exchange on sustainable development in Africa.

Categories: Japan, Ghana, Kenya, Nigeria, South Africa, Zambia, Education, Human Capital Development, Information & Communication Technology, The President


31/05/2013 - May 27th 2013 marked the beginning of yet another important relationship between the African Development Bank and The Federal Government of Nigeria. A loan agreement to support the transport sector was signed by the Minister of Finance, Ngozi Okonjo Iweala, and the Resident Representative of the Nigeria Field Office, Ousmane Dore.

Categories: Nigeria, Transport, Economic & Financial Governance


05/02/2013 - The African Development Bank (AfDB) signed on Tuesday, January 29, 2013 an agreement to provide two sovereign-guaranteed multi-tranche lines of credit (LoCs) of respectively US $500 million to Bank of Industry (BOI) and of US $200 million to Nigerian Export-Import Bank (NEXIM) in order to support the modernization and expansion of export-oriented small and medium enterprises (SMEs). The LoCs will allow local SMEs to be more competitive, scale up their operations and ultimately create more jobs in Nigeria.

Categories: Nigeria, Youth, Human Capital Development, Private Sector, Employment


13/05/2009 - 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).

Categories: Nigeria, Economic & Financial Governance


24/05/2006 - The ADB President, Dr. Donald Kaberuka, and the Nigerian Minister of Finance, Dr. Ngozi Okonjo-Iweala, signed a loan agreement of $43 million to finance a Skills Training and Vocational Education Project (STVEP).

Categories: Nigeria, Education, Human Capital Development, Employment


19/05/2006 - The ADF and the Government of the Federal Republic of Nigeria signed a loan agreement of US$ 44.2 million to finance a Skills Training and Vocational Education Project in Nigeria.

Categories: Nigeria, Education, Human Capital Development, Employment