Loans & Grants
17/10/2014 - The Board of Directors of the African Development Bank Group on Wednesday, October 15 in Abidjan approved a €15-million general budget support loan to finance the Public Corporate Governance and Investment Promotion Support Programme in Cape Verde (PAGEPPI-II).
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, Cabo 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
24/04/2014 - Applauding Cape Verde’s graduation to middle income status, the Board of Directors of the African Development Bank Group (AfDB) on Wednesday, April 23, 2014 approved a new Country Strategy Paper designed to support the Government in its efforts to lay the foundations for more inclusive and green growth.
10/10/2013 - The Board of Directors of the African Development Bank Group on Wednesday, October 9, 2013 approved a €15-million general budget support loan for Cape Verde, to help the country finance its Public Corporate Governance and Investment Promotion Support Programme (PAGEPPI).
25/07/2013 - The Board of Directors of the African Development Bank Group chaired by Emmanuel Mbi, First Vice-President and Chief Operating Officer,on Wednesday July 24, 2013 in Tunis, approved five projects covering the following:
20/12/2010 - The African Development Bank (AfDB) and the European Investment Bank (EIB), on Tuesday, 14 December 2010, closed the financing agreement to provide € 45 million to design, construct and operate onshore wind farms on four islands in the Cape Verde archipelago. This will be one of the largest wind projects in Africa and first renewable energy public private partnership in sub-Saharan Africa. The project will provide over 28MW of electricity generating capacity and help the island reach an ambitious target of ensuring that 25% of local power needs are provided by renewable energy by 2012 and 50% by 2020. The project is being developed by InfraCo in a public-private partnership between the government of Cape Verde and local power utility Electra.
20/05/2010 - The African Development bank (AfDB) Group Board of Directors met on Wednesday, 19 May 2010 in Tunis and approved over USD 313 for five operations. Under the approvals Liberia will received USD 39.40 million comprising an ADF grant and a Fragile States Facility (FSF) grant: to finance the country’s urban water supply and sanitation project. The provision of water supply and sanitation on a sustainable basis to rural and urban dwellers in Liberia constitutes a priority development objective for the government, which significantly contributes to the fight against poverty and disease.