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Approvals

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03/04/2015 - The African Development Bank Group (AfDB) has allocated a loan and a grant amounting to US$ 25.995 million dollars to finance a water project in Mahe in the Seychelles.

Categories: Seychelles, Water Supply & Sanitation


04/12/2013 - The Board of Directors of the African Development Bank Group on Tuesday, December 3, approved a US $20 million African Development Fund loan for the Inclusive Private Sector Development and Competitiveness Programme (IPSDCP).

Categories: Seychelles, Economic & Financial Governance, Private Sector, ADF, Board of Directors


18/10/2013 - The Board of Directors of the African Development Bank (AfDB) approved on Friday, October 18 a US $12.5-million equity investment in the Kibo Fund II. This contribution will allow the Fund to provide access to finance and capacity building to an underserved market of outward-looking small and medium enterprises (SMEs) and mid-market African firms, particularly in low-income and fragile states within various sectors in Africa, thereby boosting income generation and job creation.

Categories: Madagascar, Mauritius, Seychelles, Kenya, Tanzania, Uganda, Rwanda, Zambia, Malawi, Botswana, Namibia, Mozambique, Democratic Republic of Congo, Ethiopia, Angola, Private Sector


29/04/2011 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, a USD 12 million senior private sector loan to finance Seychelles East African System “SEAS”. The project is designed to connect Seychelles to global internet exchange centers using high bandwidth link at lower costs.

Categories: Seychelles, Energy & Power, Private Sector


20/07/2009 - The Board of Directors of the African Development Bank (AfDB) Group on Monday, 20 July 2009 in Tunis approved a € 15 million loan to finance an Economic Governance Reforms Program (EGRP) in the Seychelles.

Categories: Seychelles, Economic & Financial Governance