Agreements

Displaying 201 - 250 of 358

AfDB Supports Clean Energy and Road Infrastructure Development in Kenya with USD 336m Finance

06-Apr-2012 - The African Development Bank (AfDB) and the Kenyan government signed loan and grant agreements totaling some USD 336 million in support of clean energy and road infrastructure development in Kenya on 12 March. The financial package includes a USD 186.7 million loan for the Mombasa-Nairobi-Addis Ababa Road Corridor Project and a USD 149.5 million loan and grant financing for the Menengai Geothermal Development Project.

AfDB in €64m Financial Support for West African Development Bank

26-Mar-2012 - The African Development Bank (AfDB) and the West African Development Bank (WADB) signed a loan agreement of a capital subscription of EUR 3.05 million and a line of credit of EUR 64 million to the West African Development Bank (WADB). The objective of this facility is to strengthen WADB’s financial capacities and to assert its role as a strategic partner of AfDB in financing the private sector, the engine of growth in West Africa.

AfDB Grants USD 7m to Gambia for Rural Water and Sanitation Access

16-Mar-2012 - The African Development Bank (AfDB) has signed two grant agreements with the Gambian government totalling USD 7 million to improve access to clean drinking water and better sanitation for an estimated 40,000 people in rural areas of the country and cut hygiene-related deaths in those areas, particularly among children.  The African Development Fund, the AfDB’s concessional or ‘soft loan’ arm, is providing USD 5 million and the remaining USD 2 million dollars will be provided by the AfDB’s Rural Water Supply and...

AfDB Grants €2.9 million to Togo to Finance Governmental Reform

16-Feb-2012 - The African Development Bank (AfDB) Group has made two grant agreements totaling € 2.9 million (FCFA 1.9 billion) to fund governmental reforms and the country’s 2012 action plan. The loans come under the AfDB’s Fragile States Facility. The minister for the economy and finance, Adji Othèth Ayassor, represented the Togolese government with the AfDB resident representative in the country, Serge N'Guessan, acting for the Bank.

AfDB makes €11.7 million loan to improve governance and growth in Niger

16-Feb-2012 - The African Development Bank (AfDB) Group has approved a loan of €11.7 million euros (FCFA 7.7 billion) to Niger from the African Development Fund, its concessional or ‘soft loan’ arm, to finance better governance and boost inclusive economic growth in the country. The money will be used for its domestic resource mobilization and economic and financial governance improvement support programme, known as PAMOGEF.

African Water Facility Supports Peace-Building in Darfur through Improved Access to Water and Sanitation

03-Feb-2012 - About 750,000 people in three Darfur states will have improved access to water supply and sanitation through a €3.3 million African Water Facility grant approved by the African Development Bank (AfDB) on 26 January 2012.  

AfDB and World Customs Organization Partner to Strengthen African Customs Administrations

31-Jan-2012 - The African Development Bank (AfDB) and the World Customs Organization (WCO) will work together to enhance the capacity of customs administrations in Africa.

AfDB Support to Improve Health Services in Uganda

18-Jan-2012 - Kampala residents in Uganda will gain access to better healthcare with the implementation of the Mulago Hospital service delivery improvement project co-financed by the African Development Bank (AfDB) Group to the tune of USD 98.8 million. Two concessional windows of the AfDB – the African Development Fund (ADF) and the Nigeria Trust Fund (NTF) are providing USD 72.9 million (UA 46 million) and USD 15.9 million (UA 10 million) respectively, to the project. The loans were signed on 12 January 2011.

AfDB Promotes Improved Access to Water, Sanitation and Health Services in Rural and Urban Uganda

18-Jan-2012 - The African Development Bank and the Government of Uganda signed two separate agreements on 12 January to finance projects to improve health services delivery and access to water and sanitation in both urban and rural areas of Uganda, with a total investment of USD 155.8 million. This double deal is expected to boost the country’s efforts to meet the 2015 Millennium Development Goals for health, water and sanitation.   

AfDB promotes greater access to water and sanitation for rural communities in Uganda

12-Jan-2012 - Up to 2.4 million people in rural areas and small towns across Uganda should have improved access to water supply and sanitation by 2016. This follows the African Development Bank (AfDB) signing on 11 January of USD 67 million package to finance the implementation of Uganda’s Water and Sanitation Programme. The project aligns with Uganda’s national goal to increase access to water supply and sanitation services, to achieve 100 percent coverage by 2035.  

AfDB and other lenders boost access to electricity in Cameroon

23-Dec-2011 - The African Development Bank (AfDB), and other development finance institutions including the International Finance Corporation (IFC), the Netherlands Development Finance Company (FMO), the Development Bank of Central Africa (BDEAC), Proparco, and a syndication of local banks led by Standard Chartered Bank signed on 22 December a loan agreement to provide a EUR 198 million to the Kribi Power Development Company (KPDC).

Development Banks Agree New Partnership for Climate Action in Cities

05-Dec-2011 - Five Multilateral Development Banks, who are lending some $8.4 billion annually for climate action in cities, agreed today on a new partnership to combat global warming. With the overall aim to better coordinate and deepen support to cities in adapting to and mitigating climate change, the African Development Bank, Asian Development Bank, European Bank for Reconstruction and Development, Inter-American Development Bank, and the World Bank have agreed to work more closely to develop common tools and metrics for...

Signature d’accords de don entre le FAD et Madagascar : Mise à niveau de l’infrastructure routière à Madagascar

30-Nov-2011 - Ces accords de prêt et de don, totalisant 33,04 millions d’unités de compte (50 millions de $ EU), ont été signés par M. Théodore Nkodo, vice-président du Groupe de la Banque africaine de développement pour les opérations Nord, Est et Sud, et M. Benjamin Andriamparany Radavidson, ministre de l’Économie, des finances et du budget de Madagascar.

Signature d’un accord de don du Fonds africain de développement : Renforcement de la lutte contre le VIH/SIDA au Mali

30-Nov-2011 - M. Théodore Nkodo, vice-président du Groupe de la Banque africaine de développement pour les opérations Nord, Est et Sud, et M. Boubacar Gaoussou Diarra, ambassadeur du Mali à Tunis, ont signé l’accord de don. Le montant de ce don, 8,3 millions d’unités de compte (6,4 millions de FCFA), contribuera à réduire le taux de séroprévalence par l’amélioration des services de dépistage, la mise à disposition des antiviraux aux malades du SIDA.

AfDB, Côte d’Ivoire sign revised AfDB headquarters agreement

29-Nov-2011 - Donald Kaberuka, President of the African Development Bank (AfDB), concluded an official two-day visit to Côte d’Ivoire today. The AfDB chief executive and Daniel Kablan Duncan, Minister of State and Minister of Foreign Affairs of Côte d’Ivoire, signed a revised Headquarters Agreement of the AfDB in Abidjan.

AfDB signs USD 12 million line of credit with Bank of Kigali

17-Nov-2011 - The African Development Bank (AfDB) and the Bank of Kigali today signed a USD 12 million line of credit and a USD 500,000 grant agreement for technical assistance from the Fund for African Private Sector Assistance (FAPA).  The AfDB’s line of credit will improve the Bank of Kigali’s liquidity and improve its ability to support key economic sectors, such as infrastructure, manufacturing, agri-business and tourism. As well as boosting economic growth, the line of credit will generate employment and business...

Africa Nears Agreement on Continental Infrastructure Plan With Accord in Morocco

31-Oct-2011 - African states came closer to finalizing a continental programme for the development of vital infrastructure as talks ended in Morocco at the weekend. North African countries agreed on priority projects at the last round of regional consultations by the promoters of the Programme for Infrastructure Development in Africa (PIDA) in Rabat, Morocco. PIDA is an initiative of the African Development Bank (AfDB), the African Union Commission and the

AfDB and Tunisia Sign 340 Million Dinars Loan Agreements

19-Sep-2011 - Arabic Version Support to Gabes-Ras Jdir Highway and Tunisian SMEs The African Development Bank (AfDB) and the Tunisian government, on 19 September 2011, signed two loan agreements totaling 340 million dinars. Both loans will finances projects/programs in conformity with Tunisia’s new focus on inclusive growth.

AfDB agrees Euro 45 million loan for Cameroon power plant

15-Jul-2011 - The Board of Directors of the African Development Bank (AfDB) has approved a loan of Euro 45 million towards the construction of a gas-fired power plant in Cameroon to help meet the country’s fast-growing demand for energy. The plant will be located nine kilometers inland north of the southern coastal city of Kribi and the transmission line will be connected to Cameroon’s southern interconnected power grid, which supplies 90 percent of total demand in the country.

AfDB and Liberia Sign USD 56 Million Budget Support and Public Works Grant Agreements

15-Jun-2011 - As Bank Establishes Field Office in Monrovia The Liberian government’s efforts to accelerate economic growth and reduce poverty received a boost on 11th August 2011 with the signing of two USD 56-million (UA 35 million) grant agreements to improve public financial management and infrastructure maintenance capacity in public works.

AfDB Signs Multi-Million Cooperation Agreements with China and Brazil

09-Jun-2011 - The African Development Bank (AfDB) Group on Wednesday in Lisbon signed two major cooperation agreements with China and Brazil for the funding of projects and programs in the AfDB´s regional member countries (RMCs). AfDB policy and operations Vice President, Aloysius Uche Ordu, and the Executive Vice President, Agricultural Bank of China, Zhu Hongbo, signed a memorandum of understanding on a  collaborative ventures in co-financing, technical cooperation for capacity building and knowledge partnership.

AfDB Provides USD 12 Million Grant Resources to Finance ACBF Capacity Building Activities

13-Jan-2011 - Tunis – 12 January 2011- The African Development Bank (AfDB) Group and the African Capacity Building Foundation (ACBF) on Wednesday, 12 January 2011 in Tunis signed a USD 12-million grant agreement to finance the ACBF’s  activities in Africa. 

AfDB and UBA Sign Landmark USD 150 million Loan to Facilitate African Trade Finance

16-Dec-2009 - Tunis- 16 December 2009  On behalf of their respective institutions, Aloysius Uche Ordu, Vice President, Regional and Country Programs and Policy from the African Development Bank (AfDB) and Faith Tuedor-Matthews, Deputy Managing Director, from the United Bank for Africa Plc (UBA) signed today, 16 December 2009 two loan agreements for a total of USD 150 million.

Signature d’un accord de prêt de 420 millions USD et de 186 millions d’euros à la République de Maurice

11-Dec-2009 - Tunis, le 10 décembre 2009 – La Banque africaine de développement (BAD) et le gouvernement de la République de Maurice ont signé à Tunis, le 10 décembre 2009, un accord de prêt relatif à l’octroi de 420 millions USD et de 186 millions d’euros (équivalent à 700 millions USD) à la République de Maurice, pour financer le programme de compétitivité et d’efficacité du secteur public (CESP).

Signature de l’accord de prêt avec la Société nationale industrielle et minière (SNIM)

04-Dec-2009 - La BAD et le gouvernement mauritanien ont signé, le 1e décembre 2009, à Zouérate, en Mauritanie, un accord de prêt relatif au projet d’extension de la mine Guelb El Rhein (Guelb II). Le prêt a été signé, pour la partie BAD et, au nom du vice-président de la BAD B. Pittman, par M. Lobe Ndoumbe, directeur à la BAD, et, pour la partie mauritanienne, par M. Taleb Ould Abdivall, administrateur et directeur-général de la SNIM.

AfDB and Mali Sign a FCFA 7 Billion Loan Agreement for a Growth and Poverty Reduction Strategy Support Programme

02-Dec-2009 - Tunis, le 2 décembre 2009 - Le vice-président du Groupe de la Banque africaine de développement (BAD) chargé des opérations sectorielles, M. Kamal El Kheshen, et l’ambassadeur du Mali en Tunisie, M.

Joint statement by Multilateral Development Banks and the IMF in anticipation of the Copenhagen Conference

02-Dec-2009 - Leading international financial institutions committed to fight against climate change and call for comprehensive Copenhagen agreement Tunis, 2 December 2009 – The heads of the world’s leading international financial institutions today called for a comprehensive agreement to combat climate change at this month’s Copenhagen Conference and agreed to further coordinate their own efforts to help achieve the meeting’s ambitious goals.

AfDB approves a $2m grant for Somalia

24-Nov-2009 - Tunis, 24 November 2009 – After decades of interruption, Somalia re-established its relationship with the African Development Bank (AfDB) on Monday, 23 November 2009 with the signing  of a USD 2 million grant to provide financial and technical assistance to Public Financial Management.  The support to the Transitional Federal Government of Somalia comes from the Fragile States Facility (FSF) administrated by the Bank’s Fragile States Unit.

The African Development Bank Extends its Support to the Wastewater Sector in Egypt

11-Nov-2009 - Cairo, 10 November 2009 – The African Development Bank signed today a loan agreement at the Ministry of International Cooperation, with  Minister Fayza Aboul Naga, Minister of International Cooperation. The Regional Director, Mr. Jacob Kolster signed on behalf of the Bank, and the Bank’s Resident Representative in Egypt, Mr K. C. Khushiram, was also present.

Accord portant création du fonds « Migration et Développement » Appui aux efforts des diasporas africaines pour le développement de leur pays d’origine

23-Oct-2009 - Tunis, le 23 octobre 2009 – Le Groupe de  la Banque africaine de développement (BAD), le gouvernement français et le Fonds international de développement agricole (FIDA) ont lancé à vendredi 23 octobre à Paris un Fonds fiduciaire multilatéral dédié aux transferts de fonds des migrants. Le Groupe de  la Banque africaine de développement (BAD), le gouvernement français et le Fonds international de développement agricole (FIDA) ont lancé à vendredi 23 octobre à Paris un Fonds fiduciaire multilatéral dédié aux...

Leveraging African Diaspora Efforts in Developing their Countries-AfDB, France and IFAD Sign Agreement Establishing Migration and Development Fund

23-Oct-2009 - Tunis, 23 October 2009 – An agreement establishing a multilateral Trust Fund to improve African migrant remittances was signed on Friday, 23 October 2009 in Paris by the African Development Bank (AfDB) Group, the French government and the International Fund for Agricultural Development (IFAD). The agreement was signed by the AfDB President, Donald Kaberuka; the French Immigration, Integration and Cooperative Development Minister, Eric Besson and IFAD’s Director for West and Central Africa, Mohamed Béavogui.

Malawi and AfDB Sign USD 59.5 Million Road Project Loan and Grant Agreements

22-Oct-2009 - Tunis, Tunisia, 21 October 2009 – The African Development Bank (AfDB) Group and the Malawi Government signed a USD 60 million (UA 38.42 million) loan and grant agreements on Wednesday, 21 October 2009 in Tunis, to enable the country improve its road network.

47 Million Euros to Tunisia to Strengthen the Performance of the Electricity Distribution Network

14-Oct-2009 - Tunis, 14 October 2009 - The Tunisian Electricity and Gas Company (Société Tunisienne d’Electricité et du Gaz (STEG)) and the African Development Bank (ADB) Group on 13 October 2009 signed a loan contract of 47.570 million Euros (equivalent to DT 90 million) for the partial financing of the Electricity Distribution Networks Rehabilitation and Restructuring Project for an overall cost estimated at DT 112 million. The signing ceremony took place at the Tunisian Ministry of Development and International Cooperation...

Japan and AfDB commit USD 500,000 Technical Assistance Grant to African Business Roundtable

06-Oct-2009 - Sunday, Istanbul, 5 October 2009 - Japan and the African Development Bank (AFDB) have committed a grant of USD 500,000 to the African Business Roundtable (ABR) from the Fund for African Private Sector Assistance (FAPA). In a ceremony organized on the side of the World Bank/IMF Annual Meetings in Istanbul, a grant agreement was signed by AfDB Private Sector Operations Director, Mr. Tim Turner and ABR President Dr. Bamanga Tukur.

Japan and AfDB commit USD 1 Million Technical Assistance Grant for SME Capacity Building in Africa

06-Oct-2009 - Sunday, Istanbul, 5 October 2009 - Japan and the African Development Bank (AfDB) have committed a grant of USD 1,000,000 to the African Training and Management Services Project (ATMS) from the Fund for African Private Sector Assistance (FAPA). In a ceremony organized on the side of the World Bank/IMF Annual Meetings in Istanbul, a grant agreement was signed today by AfDB Private Sector Operations Director, Mr. Tim Turner and ATMS Chairman Mr. J. Berteling.

AfDB and Main One Cable Company Sign USD 61 Million Loan

30-Sep-2009 - Tunis – 28 September 2009 - The African Development Bank Group (AfDB) and Main One Cable Company signed a loan agreement of USD 61 million towards the development of a submarine fiber optic cable connection along the West African coast. With this investment, the Bank has further expanded its wide support for African ICT projects following investments in the East African “EaSSy” submarine cable and the two satellites Rascom and New Dawn.

Ghana Cocoa Board Raises USD1.2 Billion Receivables-Backed Trade Finance Facility

24-Sep-2009 - As joint Coordinating Banks (the "Coordinating Banks"), Ghana International Bank, Natixis, Société Générale Corporate & Investment Banking and Standard Chartered Bank are pleased to announce that the Ghana Cocoa Board ("COCOBOD") USD 1.2 Billion Receivables-Backed Pre-Export Finance Term Loan was signed in Paris on 25th September, 2009. Read the full cummuniqué

AfDB and Rwanda Sign US$25 Million Grant Agreements for Rural Water Supply Project

18-Sep-2009 - Tunis, September 18, 2009 – The African Development Bank (AfDB) Group and Rwanda, on Thursday, 10 September 2009 in Kigali, signed two grant agreements of UA 16 million (US$ 25 million) to finance the second phase of Rwanda’s Rural Drinking Water Supply and Sanitation Sub-Program (PNEAR II) for the period 2009-2012.

AfDB and Guinea Bissau Sign Grant Agreement

17-Sep-2009 - Guinea Bissau’s Economy Minister and AfDB Governor, Maria Hélena Nosoline Embalo, and the AfDB Senegal Field office Resident Representative, Mohamed H’Midouche, on Wednesday, September 9, 2009, in Bissau, signed a grant agreement  on a government capacity building support project (PARCA).

AfDB and Chad Sign Grant Agreements

15-Sep-2009 - AfDB Vice President, Kamal El Kheshen, and the Chadian Agriculture Minister, Mbailou Naimbaye Lossimian, on Thursday, September 11, 2009, signed two Fragile States Facility grant agreements. The first grant of UA 450,215.71, equivalent to US$ 706,839, will finance capacity building initiatives in the human resources and training department of the Chadian health ministry.

La BAD et le Tchad signent deux accords de dons pour le renforcement des capacites et des etudes sur l’agriculture

11-Sep-2009 - Tunis, 10 Septembre 2009- Le vice-président du Groupe de la Banque africaine de développement (BAD), chargé des opérations sectorielles,  M. Kamal El Kheshen, et le Ministre tchadien de l’agriculture, M. Mbailou Naimbaye Lossimian ont, jeudi le 10 septembre à Tunis, signé deux protocoles d’accords portant sur deux différents dons, octroyés conjointement par la  Banque africaine de développement et le Fonds africain de développement, des ressources de la Facilité des Etats fragiles, ressources destinées aux...

AfDB and Seychelles Sign € 15 Million Budget Support Loan Agreement

25-Aug-2009 - Tunis, 25 August 2009 – The African Development Bank (AfDB) Group and Seychelles on Monday, 25 August 2009 in Tunis signed a €15-million loan agreement to finance the country’s Economic Governance Reforms Program (EGRP).

AfDB Commits USD 30 million to Shelter Afrique to Improve Housing in Africa

31-Jul-2009 - Nairobi, Kenya – 31 July 2009- The African Development Bank (AfDB) has committed more than USD 38 million to Shelter Afrique in support of sustainable housing solutions in Africa. AfDB and Shelter Afrique signed a package of three financial agreements in Nairobi on 31 July 2009. Mrs. Domina Buzingo, Resident Representative of AfDB in Kenya, who signed on behalf of AfDB, indicated that the Bank “believes, it is through such collaboration that we can reach our development goals.”

Bank Group and Madagascar Sign Emergency Aid Agreement

19-Jun-2009 - The African Development Bank (AfDB) Madagascar field office and the Malagasy government on Tuesday, 16 June, 2009 in Antananarivo, signed a grant agreement of US$ 1 million as emergency humanitarian aid for victims of the floods caused by cyclone Fanele. The humanitarian assistance operation comes as a supplement to the Bas Mangoky Rice Perimetre Rehabilitation project (PRBM) financed by the Bank Group. The specific objective of the emergency humanitarian aid is to repair the perimeter’s protection dyke damaged...

Bank Group and Chad Sign Grant Agreement

19-Jun-2009 - The Bank Group and Chad on 17 June, 2009, in N’djamena signed an African Development Fund (ADF) grant agreement of Uunits of Accounts (UA) 31.61 million to finance the Koumra-Sarh road maintenance project. The AfDB Resident Representative in Chad, Pascal Bitoumbou, signed for the Bank, while the country’s Economy and Plan Minister, Ousman Matar Breme, signed for his country. The grant agreement was witnessed by several ministers, senior officials of technical ministries and staff of the Chad field office.

AfDB and Liberia Sign Grant Agreement

01-Jun-2009 - The African Development Bank (AfDB) Group and Liberia have signed a grant agreement of €1,694,000 to finance the country’s Water Sector Reform Study.  The initiative is expected to support government efforts to improve water resources management, thereby contributing to efforts at alleviating poverty and meeting MDG targets for water supply and sanitation in the country.

AfDB supports the Franchising Sector in Egypt

28-May-2009 - USD 40 Million to Finance the Franchising Sector Support Program Tunis – 28 May 2009- Mandla Gantsho, Vice President in charge of Infrastructure, Private Sector and Regional Integration and H.E. Ahmed Ismail, Ambassador of Arabic Republic of Egypt in Tunisia, signed today a loan agreement for up to USD 40 million to finance the Franchising Sector Support Program in Egypt.

Water Development-AfDB Signs Grant Agreement with Guinea Bissau

20-May-2009 - Guinea Bissau, May 16th, 2009 - The Bank Group’s Vice President for Infrastructure was in Guinea Bissau on Saturday, May 16th, 2009, for the signing ceremony of the Grant Agreement with the Executive Secretariat of the Gambia River Basin Organization (OMVG). The Grant will finance the integrated water resources management development project for the Kayanga-Geba basin in Senegal, Guinea and Guinea Bissau.

AfDB and Sierra Leone Sign US$ 15 Million Grant Agreement for Economic Governance Reform Programme

15-May-2009 - Dakar, Senegal – 14 May 2009 – The African Development Bank (AfDB) Group and the government of Sierra Leone have signed a 10-million Units of Account (US$ 15.4 million) grant agreement to finance the country’s Economic Governance Reform  Programme (EPRG). The agreement was signed on Thursday in Dakar, Senegal, by Vice President Zeinab El-Bakri for the AfDB Group and Sierra Leone’s Finance and Economic Development Minster, Samura Kamara, on the sidelines of the institution’s Annual Meetings.