Loans & Grants

Displaying 1501 - 1520 of 1811

AfDB, Gabon Strengthen Cooperation on Regional Road Infrastructure

25-Oct-2007 - President Kaberuka Signs €256.27 Million Loan for Gabon Tunis, le 26 October 2007 – The African Development Bank (AfDB) Group and the Government of Gabon on Thursday in Tunis signed an agreement for a loan of 256.27 million euros (175 billion FCFA) to finance one of the biggest projects that the Bank has ever supported in any of its regional member countries in the past years.

The African Development Bank boost Copper Cobalt mining in DRC USD 100 million to the Tenke Fungurume Project

03-Oct-2007 - Tunis, 2 October 2007- The Board of Directors of the African Development Bank (ADB) approved a US $ 100 million senior loan under its private sector window to the Tenke Fungurume Copper and Cobalt Project in the DRC.

Mali - ADF Approves US$15 million for Decentralization and Economic Development Support Project

26-Sep-2007 - Tunis, 26 September 2007 -  Mali will receive US$ 15.4 million from the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB), following the approval of a loan of 5 million Units of Account (UA*), equivalent to US$ 7.4 million and a grant of the same amount by the Fund’s Board of Directors on Wednesday in Tunis. The funds will be used to finance a Decentralization and Regional Economic Development Support Project (PADDER) in the country.

Gabon: AfDB Supports Road Program

18-Sep-2007 - Tunis, 17 September 2007 – The Board of Directors of the African Development Bank (AfDB) approved on Monday in Tunis, a loan of 221.90 million Units of Account (UA*), equivalent to €256.27 million to help finance the first phase of a road project (RP1) in Gabon.

The AfDB Private Sector Supports Palm Oil and Rubber Production in Gabon

12-Sep-2007 - Tunis, 12 September 2007- The Board of Directors of the African Development Bank (AfDB) on Monday in Tunis approved a € 10-million loan under its private sector window to finance the Tropical Agriculture Investment Company’s (SIAT) expansion project in Gabon.

AfDB Approves Compliance Review of Bujagali Power Projects

12-Sep-2007 - Tunis, 11 September 2007 - The Board of Directors of the African Development Bank (AfDB) Group has authorized a Compliance Review of the Bujagali Hydropower and the Bujagali Interconnection projects in Uganda. The Board gave the approval last week in Tunis, under the rules and procedures of the Bank Group’s Independent Review Mechanism (IRM).

AfDB Private Sector Paves Way for Increased Local Currency Lending

06-Sep-2007 - Tunis, 5 September 2007- The Board of Directors of the African Development Bank (AfDB), approved a US $ 25 million equity investment under its private sector window, on Wednesday in Tunis, to create a ground-breaking fund to develop local currency products. This Currency Exchange (TCX) will be established with a transaction capacity of US $ 1.2 billion.

Morocco: AfDB Approves €45 Million Loan in Support of Second National Rural Roads Programme (NRRP2)

06-Sep-2007 - Tunis, 5 September 2007 – Efforts by the Moroccan government to improve the country’s rural road network received a boost from the African Development Bank on Wednesday, in Tunis, following the approval of a 38.71 million Units of Account (UA*) loan, equivalent to €45 million by the Board of Directors of the Bank, in support of the country’s Second National Rural Roads Programme (NRRP2).

Tanzania – US$ 92 Million ADF Loans to Support Agriculture and Education Programmes

05-Sep-2007 - Tunis, 5 September 2007 – The African Development Bank (AfDB) Group will support agriculture and education programmes in Tanzania following the approval of two loans on Wednesday in Tunis by the Board of Directors of the African Development Fund (ADF), the concessional window of the Bank Group.

AfDB Private Sector Operations in South Africa - AfDB extends US$ 500 Million Loan to Eskom Holdings Ltd

08-Aug-2007 - Tunis, 7 August 2007 – South Africa’s national electricity company, Eskom Holdings Limited, will benefit from the biggest loan ever granted by the Private Sector window of the African Development Bank (AfDB). The US$ 500 million program loan approved by the AfDB Board of Directors will help enhance the capacity of the South African utility through investment in generation, transmission and distribution infrastructure.

Burkina Faso: US$ 45 million for water and sanitation

24-Jul-2007 - Tunis, 24 July 2007 – Some 3 million persons will benefit from improved access to drinking water and sanitation in Burkina Faso following the approval of a loan and a grant to finance a water and sanitation project in the country.

RASCOM: AfDB Strengthens Africa’s Telecommunications Sector

24-Jul-2007 - Tunis, 24 July 2007 - The Board of Directors of the African Development Bank (ADB) on Tuesday in Tunis approved a US $ 50-million senior loan under its private sector window in support of a Regional African Satellite Communications Organization Members (RASCOM) Telecommunications Project.

DR Congo: US$ 22.7 Million ADF Grant for Post-Conflict Reintegration Project

24-Jul-2007 - Tunis, 24 July 2007 – The African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, will support a Post-conflict Socio-economic Reintegration Support project (PARSEC) in the Democratic Republic of Congo with a grant of 15 million Units of Account (UA*), equivalent to US$ 22.7 million approved by the Fund’s Board of Directors in Tunis on Tuesday.

Nigeria: US$ 53 Million ADF Loan to Improve Rural Transport Infrastructure

19-Jul-2007 - Tunis, 18 July 2007 – The African Development Fund  (ADF), the concessional window of the African Development Bank (AfDB) Group on Wednesday in Tunis approved a loan of UA 35.27 million, equivalent to  US$ 53.45 million, to help finance  a Rural Access and Mobility Project in Nigeria’s Cross River State.

Rwanda: US$ 50 Million ADF Grant for Poverty Reduction Strategy Support Programme

18-Jul-2007 - Tunis, 18 July 2007 – The African Development Fund  (ADF), the concessional window of the African Development Bank (AfDB) Group has approved a grant of UA 33 million (US$ 50 million) to help finance the second phase of  the  Poverty Reduction Strategy Support Program  (PRSSP II) in Rwanda.

Tackling Rural Poverty – Learning the Lessons Together

17-Jul-2007 - Bank starts joint review of agriculture and rural development with IFAD. Tunis 16 July -  The African Development Bank (AfDB) today signed an agreement with the International Fund for Agricultural Development (IFAD) to conduct a joint review of their work in supporting agriculture and rural development in Africa over the last ten years.

Multinational: ADF Approves US$ 165 Million for Transport Facilitation on the Douala–Bangui and Douala–N’Djamena Corridors

06-Jul-2007 - Tunis, 5 July 2007 – The African Development Fund (ADF) the concessional window of the African Development Bank (AfDB) Group has approved a loan and a grant amounting to US$ 164.89 million to finance a Transport Facilitation Programme on the Douala-Bangui and Douala-N’djamena corridors.

Tanzania: AfDB Approves €600,000 Equity Investment in Access Bank of Tanzania

05-Jul-2007 -   Tunis, 5 July 2007 – The African Development Bank (AfDB) Group will support micro-, small- and medium-size enterprises in Tanzania through a private sector equity investment of €600,000 in the Access Bank of Tanzania approved by the Bank Group’s Board of Directors on Thursday in Tunis.

Madagascar: AfDB Approves € 6 Million Investment in Sahanivotry hydroelectric Power Station

05-Jul-2007 - Tunis, 05 July 2007 – The African Development Bank (AfDB) has approved a € 6-million private sector investment in the Sahanivotry hydroelectric power station in Madagascar.

IFC and AfDB Provide R2 Billion to Nedbank to Support Sustainable Economic Growth

05-Jul-2007 - Johannesburg, July 2, 2007- IFC, the private sector arm of the World Bank Group, and the African Development Bank (AfDB) will subscribe to a R2 billion Tier ll capital qualifying bond issued by Nedbank, the three institutions announced today.