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Agreements

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ADB signs Loan agreement with SAMIR to Reduce Air Pollution in Morocco

03-Dec-2005 - Paris, 3 December 2005 – Mr. Roger Gaillard, Manager for the Infrastructure and Private-Public Partenrships Division of the Private Sector Department of the African Development Bank (ADB) and Moroccan officials signed today a loan agreement of US $ 85 million relating to the environmental upgrading of "Société Anonyme Marocaine de l’Industrie du Raffinage – SAMIR". SAMIR is the main supplier of refined petroleum products on the Moroccan market covering more than 90 % of market needs.

Malawi: health sector support programme

11-Nov-2005 - Tunis, 24 November 2005 – The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group approved today  in Tunis a grant of 15 million Units of Account (US$ 21.85 million) to help finance a health sector support programme in Malawi. The objective of the programme is to establish, through a Sector Wide Approach (SWAp) arrangement, an effective and efficient health care delivery system that is responsive to the needs of the people, especially vulnerable...

ADB, Egypt Sign 176 Mln € Loan Agreement to Finance Energy Sector

18-Oct-2005 - Tunis, 18 October 2005 - The African Development Bank Group on Tuesday in Tunis signed an agreement for a loan of 154.3 million Units of Account* (175.9 million Euro) to finance the El Kureimat Combined Cycle Power Plant Project (Module II) in Egypt. The agreement was signed by the ADB Vice President in charge of North, East and South Operations, Mr. Theodore Nkodo and the Egyptian Ambassador to Tunisia, Mrs. Shadya Farrag.

Sierra Leone: Economic Recovery and Health Projects

17-Oct-2005 - Tunis, 17 October 2005 - The African Development Bank (ADB) Group and the government of Sierra Leone have signed agreements under which the country will receive 27.7 million Units of Account (UA) (US$ 42 million) in grants from the African Development Fund (ADF) to finance economic recovery and health development programmes. The Vice President of the ADB Group in charge Central and West Region Operations, Mr. Bisi Ogunjobi and the Ambassador of Sierra Leone to Libya, Dr. Mohamed Samura, signed the two agreements...

ADF-Ghana: Poverty Reduction Support

06-Oct-2005 - The African Development Fund Vice-President in charge of Operations in West and Centre Regions, Mr. Bisi Ogunjobi, and Ghana’s deputy finance minister, Mr. Kwaku Aguyeman-Manu, signed an agreement today in Tunis for a loan of 44 million Units of Account* (US$ 64 million) to finance the country’s Second Poverty Reduction Support project (PRSL-II).

AfDB, Tunisia Sign Loan Agreements

27-Sep-2005 - Tunis, 27 September 2005 - The African Development Bank and Tunisia signed two loan agreements worth 133.025 million UA in Tunis on Tuesday. The first agreement involves a loan of 33.025 million UA to finance a project for the reduction of pollution and the improvement of the competitiveness of the Gafsa Phosphates Company (CPG) as well as the country’s mineral extraction sector. 

AfDB Group Support Polio Eradication in Africa

19-May-2005 - The agreement had been signed with the Minister of Finance and Development of Burkina Faso, Mr. Seydou Bouda, the Finance Minister of Nigeria, Mrs. Ngozi Okonjo-Iweala, the Economy and Development Minister of Burkina Faso,a M. Seydou Bouda, The Planning, Development and Cooperation Minister of Chad, M. Mahamat Ali Hassan, and with the Economy and Finance Minister of Niger, M. Ali Mahaman Lamine Zeine The programme will contribute to improving the health status and living conditions of populations affected by...

AfDB, Nigeria sign three loan agreements: AfDB supports Health, Economic and Rural Development in Nigeria

17-May-2005 - The Acting Vice President for the West and Central operations of the ADB Group, Mr. Jaouad Mohammed Gharbi signed today in Abuja three grant agreements in favour of Nigeria with the Nigerian Minister of Finance, Mrs.

AfDB provides Emergency Assistance to Asian Tsunami affected East African Coast Countries

11-May-2005 - The Acting Vice President for the North, South and East operations of the ADB Group, Mrs. Zeinab El Bakri, and the Ambassador of Seychelles to the Republic of France and the European Union, Mr. Callixte d’Offay, signed today in Tunis a grant for an amount of 330,000 Units of Account (UA*), equivalent to US$ 500, 000 to finance the Emergency assistance, a response for the December 2004 Asian Tsunami damages in Seychelles.

ADF supports Agricultural and Institutional rehabilitation in Sierra Leone

07-Apr-2005 - The Acting Vice President for the North, South and East operations of the ADB Group, Mrs. Zeinab El Bakri, and the Ambassador of the Republic of Sierra Leone to Libya, Mr. Mohammed Samura, signed today in Tunis a loan for an amount of 12 million Units of Account (UA*), equivalent to US$ 18 million to support the Agricultural Sector Rehabilitation Project (ASREP) and a grant for an amount of UA 2.79 million (US$ 4.2 million) to finance the Institutional Support Project to Strengthen the Public Financial...

La Bad et l’Unicef signent un protocole de coopération

01-Apr-2005 - Signé par M. Omar Kabbaj, président du Groupe de la Bad, et par Mme Carol Bellamy, directeur général de l’Unicef (Fonds des Nations unies pour l’enfance), ce protocole permettra de renforcer la coopération entre les deux institutions dans les domaines suivants:

Etude d’électrification multinationale : Le Fad soutient l’intégration régionale dans le domaine de l’énergie en Afrique de l’Ouest

11-Mar-2005 - Le vice président par intérim pour les opérations Centre et Ouest du Groupe de la Bad, M. Jaouad Mohammed Gharbi, et le Secrétaire exécutif de l’Oganisation pour la mise en valeur du fleuve Gambie (OMVG), M. Mamadou Nassirou Diallou, ont signé à Tunis, un accord de don de 3,45 millions d’unités de compte (UC)* (5,20 millions de dollars EU), pour financer une étude hydro-électrique au profit des pays membres de l’OMVG.

African Virtual University: ADF Promotes Access to Quality Education in Africa

07-Mar-2005 - The Acting Vice President for the North, South and East operations of the AfDB Group, Mrs. Zeinab El Bakri, and the African Virtual University (AVU) Chief of Education, Mr. Peter Dzvimbo Kuzvinetsa, signed today in Tunis a grant agreement of 5.00 million Units of Account (UA*), equivalent to 7.66 million.

ADF supports Good Governance enhancement in Malawi

04-Mar-2005 - Enter your complete press release hereThe African Development Fund (ADF), the concessional window of the African Development Bank (ADB) Group will support the Good Governance programmes in Malawi. The Acting Vice President for the North, South and East operations of the ADB Group, Mrs. Zeinab El Bakri, and the Malawi Ambassador to Egypt, Mr.Yahya M’Madi, signed today in Tunis a loan agreement for the Support to Good Governance Program. The Bank Group’s contribution for the financing of this project amounts to 12...

Le FAD s’attelle à l’éradication de la mouche tsé-tsé au Mali

03-Mar-2005 - Le Vice-président pour les opérations Centre et Ouest du Groupe de la Banque africaine développement (Bad), M. Bisi Ogunjobi, et l’Ambassadeur de la République du Mali en Tunisie, ont signé à Tunis, l’accord de prêt pour financer le projet multinational de création de zones libérées de la mouche tsé-tsé et de la trypanosomiase (T & T) en Afrique de l’Est et de l’Ouest. Le Fad accorde au Mali un financement équivalent à 5,930 millions d’Unités de Compte (UC*) soit 9 millions de dollars EU.

AfDB Finances a Solar Thermal Power Station Project

02-Mar-2005 - It seeks to extend electric power generation facilities and develop renewable forms of energy. The specific objectives are to contribute to ensuring steady supply of electricity to the country, diversifying energy sources and reducing greenhouse gas emissions. It will help raise the installed production capacity of the national electricity authority (ONE) from 200 to 250 MW and to inject about 1,590 GWh into the interconnected system, including 55 GWh from solar energy.

ADF contributes to Education Sector Development in Eritrea

02-Mar-2005 - The Acting Vice President for the North, South and East operations of the ADB Group, Mrs. Zeinab El Bakri, and the Minister of National Development of Eritrea, Dr. Woldai Futur, signed today in Tunis a loan and grant agreement for the Support to Education Sector Development Program. The Bank Group’s contribution for the financing of this projects amounts to a loan of 13.6 million Units of Account (UA*), equivalent to 20.8 million US dollars, and a grant of UA 5.03 million, equivalent to US$ 7.7 million.

Madagascar Obtains Debt Relief from the AfDB: Reaches Completion Point in HIPC Initiative

02-Mar-2005 - The Bank Group will, as a result, provide irrevocable debt relief of US$ 80 million in nominal terms to the country, with effect from December 2001. The debt relief will be provided by releasing Madagascar from up to 80 percent of its debt service obligations to the Bank Group each year, until the entire amount is delivered sometime in early 2013.

ADF promotes Good Governance, Agriculture Development and Economic Integration in Tanzania

12-Feb-2005 - Tunis, 12 February 2005 – The African Development Fund (ADF), the concessional window of the African Development Bank Group (ADB) supports good governance enhancement, agricultural sector development and regional integration in Tanzania.

Signature d’accords de financement entre la Bad et le Royaume du Maroc : Près de 5 milliards de dirhams pour le Maroc

07-Feb-2005 - A cette occasion, le président de la Bad, M. Omar Kabbaj, a rappelé que les « approbations cumulées de la Bad au profit du Maroc s’élèvent à ce jour à 6 milliards de $ [environ 50 milliards de dirhams], pour le financement de 79 opérations ». « Un niveau d’engagement, a apprécié le président Kabbaj, qui constitue un indicateur éloquent du dynamisme et de l’exemplarité de la coopération entre la Banque et le Royaume du Maroc, de la convergence des efforts et des attentes pour le développement national. »