16/12/2016 - The Board of Directors of the African Development Bank Group (AfDB) approved on December 16 2016 a loan of € 237.5 million to Côte d'Ivoire for the first phase of a major project aimed at significantly improving urban transport in the city of Abidjan. The Bank is expected to provide an additional € 329.47 million in 2017, which would bring the total financing to € 567 million.
15/12/2016 - The Board of Directors of the African Development Bank (AfDB) has approved a financing package of USD 159 million to partly finance Ethiopian Airlines’ expansion plan and fleet modernization program. The package comprises two tranches, with the first tranche (85% of the financing) being covered by African Trade Insurance, Africa’s export credit agency, which will be providing credit risk insurance to the transaction. The investment is a reflection of the Bank’s new strategic thrust to achieve its five operational priorities and is rooted on the necessity to integrate Africa and improve air connectivity in the continent.
01/10/2015 - The Board of Directors of the African Development Bank Group approved on Wednesday, September 30, 2015, two loans totaling US $141.71 million to finance the second phase of the Dar es Salaam Bus Rapid Transit (BRT) System Project.
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 a US $250-million loan to South African state-owned logistics company Transnet.
This loan, over 20 years, will enable Transnet to increase it goods capacity in order to meet the South African Government's strategy to transition goods transport from road to rail and ensure the viability of freight corridors. This assistance from the Bank will be particularly used to acquire locomotives in order to achieve a freight capacity of 176 million tonnes per year, against 80 million today.
18/12/2014 - – On December 17, 2014, the Board of Directors of the African Development Bank (AfDB) Group approved a donation of approximately US $108 million from the resources of the African Development Fund (AFD) to the Democratic Republic of Congo (DRC).
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.
27/11/2014 - Le Groupe de la Banque africaine de développement (BAD) a approuvé, mercredi 26 Novembre 2014, à Abidjan, le financement de l’aménagement du tronçon routier Batschenga – Ntui – Yoko-Tibati-Ngaoundéré d’environ 598 km, dans le cadre de la stratégie de renforcement du réseau routier national camerounais.
22/10/2014 - The Board of Directors of the African Development Bank on Wednesday, October 22 in Abidjan, Côte d’Ivoire, approved a grant of US $82.7 million (UA 55.56 million*) for the development of a 56-kilometre portion of the Batshamba-Tshikapa road in the Democratic Republic of Congo, between Lovua and Tshikapa on the country’s NR1. The grant supplements earlier Bank interventions on the same road.
19/06/2014 - Le Conseil d’administration de la Banque africaine de développement (BAD) a approuvé le 13 juin 2014 à Tunis, un projet de bitumage de l’axe Kyabe-Kingako au Tchad. Le montant du financement de cette importante infrastructure est de 80 millions 300 mille unité de compte (UC), soit environ 123 millions 700 mille dollars.