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).
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.
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.