The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more
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.
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.
10/06/2015 - The African Development Bank Group (AfDB) will assist in tackling the prevailing food security and poverty challenges in São Tomé and Príncipe with a combined loan and grant of US $19.5 million approved by the Board of Directors on Wednesday, June 10, 2015 in Abidjan, Côte d’Ivoire.
04/12/2014 - Nyumba Ya Akiba Cement project in the Democratic Republic of Congo marked a significant milestone on November 27 with the loan signing of US $135 million, making it a strong step towards country’s industrialization through improvement of the cement market.
03/12/2014 - The Board of Directors of the African Development Bank Group has approved one loan of €100 million and another of US $119 million for phase II of the Ouarzazate solar complex project (the NOORo II and NOORo III power stations), the former from the Bank’s own resources and the latter from the Clean Technology Fund (part of the Climate Investment Funds) in its capacity as executing agency. This second phase of the project aims to develop two new power stations with a total capacity of around 350 MW and average estimated cumulative production of over 1,100 GWh per year.
26/11/2014 - The Board of Directors of the African Development Bank Group (AfDB) has approved a US $133-million program that will help countries in the Horn of Africa region break free from cycles of drought and famine.
19/11/2014 - The African Development Bank Group’s (AfDB) Board of Executive Directors approved on Wednesday, November 19 the new Regional Integration Policy and Strategy (RIPoS) for the period 2014-2023, with focus on creating larger, more attractive markets, linking landlocked countries to international markets and supporting intra-African trade to foster the continent’s development.
30/10/2014 - Executive Directors of the African Development Bank Group on Wednesday, October 29, 2014 in Abidjan approved a landmark Financial Sector Development Policy and Strategy (FSDPS) which aims to improve access to financial services by the underserved and to broaden and deepen the continent’s financial systems.
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.
07/07/2014 - The Board of Directors of the African Development Bank (AfDB) Group approved on June 26 a 7-year, non-sovereign guarantee, USD 75 million corporate loan to the Entreprise Tunisienne d’Activités Pétrolières (ETAP), the Tunisian state-owned oil and gas exploration and production company, to finance part of the South Tunisian Gas Project (STGP)/ Nawara project.