Agreements

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02/07/2014 - The Government of Rwanda, spearheading an African Union-led initiative, and the African Development Bank Group (AfDB) have signed an agreement aimed at providing at least EUR 50 million (approx. USD 70 million) within an Africa-wide resource mobilization initiative. The initiative will finance improved access to drinking water, sanitation and hygiene in Africa. The agreement was signed on the fringes of the 23rd AU Summit held from 26-27 June 2014 In Malabo (Equatorial Guinea).

Categories: Rwanda, Environment, Water Supply & Sanitation, Infrastructure, Millennium Development Goals (MDGs), Fragility & Resilience, Rural Water Supply & Sanitation Initiative


27/05/2014 - The African Development Bank Group and the Government of Sierra Leone have committed to good governance and to tackling corruption, with a view to building a stronger economy. This falls within the country’s inclusive economic management program, aimed to sustainable development and shared economic growth.

Categories: Sierra Leone, Rwanda, Economic & Financial Governance


23/05/2014 - The African Development Bank (AfDB) and the Nordic Development Fund (NDF) have decided to join forces in their bid to deal with climate change. To concretize their ambition, the two entities on Thursday, May 22 in Kigali, signed a 5 million euro grant agreement. Climate change is also one of the strategic issues raised during the Annual Meetings, on the theme: “The next 50 years, the Africa we want”.

Categories: Rwanda, Climate Change


23/05/2014 - "The AfDB is a preferential partner of Mauritania. It has funded various projects in the country and helped to improve socio-economic conditions for the Mauritanian population," stated Diomba Thiam, Minister of Finance for Mauritania, at the African Development Bank’s Annual Meetings in Kigali.

Categories: Rwanda, Mauritania, Climate Change, Environment


23/05/2014 - The African Development Bank (AfDB) Group, on Thursday, May 22, 2014 in Kigali, signed its first post-revolution grant agreement with the Libyan authorities, to assist with leadership capacity building and democratic transition in the country. The grant amounts to US $3.5 million to strengthen the efficiency and effectiveness of the Libyan institutions to deliver democratic governance and sustainable economic and social development.

Categories: Rwanda, Libya, Private Sector, Civil Society


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


22/05/2014 - On 22 May 2014, the African Development Bank (AfDB) announced a loan of 60 billion CFA francs (approximately US $127 million) to Senegal for a water and sanitation project. The aim of the project is to make the sector more viable and improve socio-economic conditions for the Senegalese population.

Categories: Rwanda, Senegal, Water Supply & Sanitation


22/05/2014 - The African Development Bank (“AfDB”) and the People’s Bank of China (“PBOC”) on Thursday, May 22 entered into a US $2 billion co-financing fund to be known as the Africa Growing Together Fund (“AGTF”). The resources from the AGTF are expected to be provided over a 10-year period and will be used alongside the AfDB’s own resources to finance eligible sovereign and non-sovereign guaranteed development projects in Africa.

Categories: Rwanda, China, Economic & Financial Governance, Partnerships, The President


20/05/2014 - The United States Agency for International Development (USAID) on Monday, May 19 signed a grant agreement to provide the African Legal Support Facility (ALSF) with financial support in the amount of US $3.0 million over a three-year period under the US Power Africa Initiative.

Categories: Rwanda, African Legal Support Facility, Power Africa Initiative


20/05/2014 - The Kingdom of Lesotho on Monday, May 19 in Kigali, signed up to the African Legal Support Facility (ALSF) becoming the 57th state to join the group, established in 2010 to assist African countries in commercial creditor litigation and related issues.

Categories: Rwanda, Lesotho, African Legal Support Facility