Approvals

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01/10/2015 - The African Development Bank approved on Wednesday, September 30, 2015 a €121.5-million package to the Gambia River Basin Development Organization (OMVG) to improve electricity access and provide renewable, clean and affordable energy in The Gambia, Guinea, Guinea-Bissau and Senegal.

Categories: Guinea-Bissau, Senegal, Guinea, Gambia, Energy & Power, Board of Directors


30/09/2015 - The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, September 30, 2015 approved combined loans and grants amounting to US $428.43 million to finance projects in energy, infrastructure, transport and water and sanitation in eight African countries – The Gambia, Ghana, Tanzania, Zimbabwe, Guinea Bissau, Guinea, Senegal and Côte d’Ivoire.

Categories: Côte d’Ivoire, Guinea-Bissau, Guinea, Senegal, Ghana, Tanzania, Zimbabwe, Energy & Power, Infrastructure, Transport, Water Supply & Sanitation, Gender, Employment, Youth, Human Capital Development


18/12/2014 - On December 18, 2014, the Board of Directors of the African Development Bank (AfDB) Group approved various loans to Côte d’Ivoire, Guinea and Liberia taken from the resources of the Transition Support Facility (TSF) and the African Development Fund (ADF). These loans are intended to finance a programme for road development and the facilitation of transport within the Mano River Union.

Categories: Côte d’Ivoire, Guinea, Liberia, NEPAD, Transport, Infrastructure


16/10/2014 - In a move aimed at ending the frequent cycles of drought and famine in the Sahel region, the African Development Bank Group (AfDB) on Wednesday, October 15, 2014 approved loans and grants amounting to US $231 million to finance a Programme to Build Resilience to Food and Nutrition Insecurity in the Sahel (P2RS).

Categories: Benin, Burkina Faso, Cape Verde, Côte d’Ivoire, Chad, Gambia, Guinea, Guinea-Bissau, Mali, Mauritania, Niger, Togo, Senegal, Agriculture & Agro-industries, Infrastructure, Gender, Climate Change, Water Supply & Sanitation, Food Production


19/08/2014 - The African Development Bank Group (AfDB) on Monday, August 18 in Abidjan, approved a US $60 million grant investment for immediate implementation to help strengthen West Africa’s public health systems in response to the Ebola crisis.

Categories: Guinea, Sierra Leone, Liberia, Nigeria, Health, Human Capital Development, Poverty Reduction, Ebola


23/06/2014 - On 23 June 2014, The Board of Directors of the African Development Bank (AfDB) approved funding of 12 million Units of Account (approximately 19 million dollars) for the Republic of Guinea. This sum will be taken from the resources of the African Development Fund (ADF) and will contribute to financing the second phase of the Economic and Financial Reforms Support Programme (PAREF-II).

Categories: Guinea, Economic & Financial Governance, Private Sector, Employment, Youth


07/11/2013 - The Board of the African Development Bank Group (AfDB) approved on Wednesday, November 6 in Tunis the Côte d’Ivoire, Liberia, Sierra Leone and Guinea (CLSG) electricity networks interconnection project. The total financing by the African Development Bank Group (African Development Fund, Fragile States Facility and Nigeria Trust Fund) amounts to EUR 145 million, representing roughly 40 per cent of the total project cost. The project will secure power supply for the four Mano River Union member countries, and will be implemented between 2014 and 2017.

Categories: Côte d’Ivoire, Liberia, Sierra Leone, Guinea, Energy & Power, Infrastructure, Regional Integration, Board of Directors


13/09/2013 - The African Development Bank (AfDB) Group will support Guinea’s Conakry Electricity Network Rehabilitation and Extension Project (PREREC2) with a loan and a grant totaling US $16.66 million approved by its Board on Wednesday, September 11, 2013 in Tunis.

Categories: Guinea, Energy & Power, Economic & Financial Governance, Infrastructure, Gender, Board of Directors


07/11/2012 - Guinea will benefit from assistance estimated at US $639.2 million in end-December 1999 net present value terms, aimed at reducing the country’s external debt burden to sustainable levels following the country’s attainment of the completion point under the Highly Indebted Poor Countries (HIPCs) Initiative. By reaching the completion point, Guinea also benefits from additional debt cancellation under the Multilateral Debt Relief Initiative (MDRI).

Categories: Guinea, Morocco, Economic & Financial Governance, Water Supply & Sanitation


07/11/2012 - The Executive Directors of the African Bank Group approved debt relief for Guinea under the Heavily Indebted Poor Countries (HIPCs) Initiative and the Multilateral Debt Relief Initiative (MDRI). The provision of debt relief assistance by the Bank Group is aimed at reducing the country’s external debt burden to sustainable levels and enhancing its capacity to direct more resources to development programs

Categories: Guinea, Economic & Financial Governance, ADF