29-Jun-2007 -
Tunis, 20 June 2007- The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group on Wednesday in Tunis approved a loan of UA 19.21 million, equivalent to US$ 29 million, to finance the Bujagali Power Interconnection Project (BIP) in Uganda.
20-Jun-2007 -
Tunis, 20 June 2007 – The Board of Directors of the African Development Bank (AfDB) has approved a loan of 13.72 million Units of Account* (US$ 20.75 million) to finance the first stage of the Plaines Wilhems Sewerage Project in the central parts of Mauritius.
06-Jun-2007 - Tunis, 5 July 2007 – The African Development Bank (AfDB) Group has made over a billion dollars in annual private sector investments in Africa for the first time since its founding in 1964. The Bank reached that highpoint following the approval on Thursday by its Board of Directors of two new financing transactions: a Euro 6 million loan to establish the Sahanivotry micro-hydro power station in Madagascar and a Euro 0.6 million equity investment in the microenterprise-oriented Access Bank of Tanzania. With both approvals, the AfDB’s total...
02-May-2007 - Tunis, 2 May 2007- The Board of Directors of the African Development Bank (AfDB) on Wednesday in Tunis, approved US$ 150 million to partially finance the Ambatovy Nickel Project in Madagascar.
The Project involves the development of an open pit mine, an ore slurry preparation plant at the mine site, a 220 km pipeline to move the ore slurry to the coast, a pressure acid leach processing plant, a metals refinery, and all the necessary infrastructure, including water, power and steam generation, acid production, tailings disposal, and port...
02-May-2007 - Tunis, 2 May 2007- The Board of Directors of the African Development Bank (AfDB) on Wednesday in Tunis approved US$ 110 million to finance the Bujagali hydroelectric power project in Uganda.
The project will finance, build and operate a 250-MW run-of-the-river power plant on the White Nile River near Jinja. Associated Bujagali Interconnection Project will link the power plant to the national electricity grid via the construction of about 100 km of 220 kV and 132 kV transmission lines and associated substations.
25-Apr-2007 -
Tunis, 25 April 2007 – The African Development Bank (AfDB) has teamed up with major African investors to generate up to US$ 450 million in the first instance to finance a Pan-African Infrastructure Development Fund (PAIDF), a close-end private equity fund that will invest in infrastructure projects in the Energy, transport, ICT, water and sanitation sectors.
18-Apr-2007 -
Tunis, 18 April 2007 – Mali will be provided a loan of 15 million Units of Account* (US$ 22.65 million) approved by the Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group on Wednesday in Tunis, to finance an agro-silvo-pastoral project in the South-Kayes area of the country.
11-Apr-2007 - Tunis, 10 April 2007 –The Board of Directors of the African Development Fund on Wednesday in Tunis approved a US$ 22 million loan to support the implementation of the government of Malawi’s strategy to reduce poverty. The resources will be used to reinforce economic reforms and good governance policies, and strengthen public financial management.
04-Apr-2007 -
Tunis, 4 April 2007 – The Board of Directors of the African Development Bank today in Tunis approved an equity investment of US$ 15 million in the limited term private equity fund Atlantic Coast Regional Fund (ACRF).
ACRF will be a limited term Private Equity Fund making investments in matured, profitable, growth and expansion-oriented companies with export income streams, preferably with regional scope.
04-Apr-2007 -
Tunis, 4 April 2007 – The African Development Fund Board of Directors in Tunis today approved a loan of 1.57 million Units of Account* (US$ 2.4 billion or 17 million maloti) and a grant of UA 7 million (US$ 10.5 million or 77 million maloti) to finance an education quality enhancement project in Lesotho.
28-Mar-2007 - Tunis, 28 March 2007 – The African Development Bank has provided Tunisian Small-and Medium-Size Enterprises with additional financial resources through a line of credit of 100 million Euros extended to the Société Tunisienne de Banque (STB). The operation was approved today in Tunis by the Bank’s Board of Directors along with a technical assistance grant.
28-Mar-2007 -
Tunis, 28 March 2007 – The African Development Bank is supporting a programme in Mauritius aimed at putting the economy on a higher growth path and making it less vulnerable to external shocks. Toward this end, the AfDB Board of Directors today approved a budget support loan of US$ 30 million for the country. The loan marks the country’s re-engagement with the Bank since the last transaction in 1987.
05-Mar-2007 -
Tunis, 2 March 2007 – Mauritania will benefit from the support of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group which, on Friday in Tunis, approved a loan of 5.98 million Units of Account (UC*), equivalent to US$ 8.9 million to finance a capacity building project for microfinance operators (PRECAMF) in the country.
05-Mar-2007 - Tunis, 2 March 2007 – The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group on Friday in Tunis, approved a supplementary loan of 17 million Units of Account (UC*), equivalent to US$ 25.58 million to finance the Massingir Dam and Smallholder Agricultural Rehabilitation Project in Mozambique.
21-Feb-2007 -
Tunis, 21 February 2007 – The government of Niger’s efforts to improve the living conditions of the people have received a big boost from the African Development Bank (AfDB) Group, following the approval of a grant to finance a water supply and sanitation project in three rural regions of the country.
21-Feb-2007 - Tunis, 21 February 2007 – African Development Bank (AfDB) Group’s Vice President for Finance, Mr. Thierry de Longuemar; Acting Chargé d’Affaires of the Japanese Embassy in Tunisia, Mr. Hidekazu Nagasawa and the Resident Executive Director for Africa of the Japan Bank for International Cooperation (JBIC), Mr. Izumi Arai, signed on Tuesday in Tunis, documents relating to the first loan from Japan to support the ADB’s non-sovereign lending operations.
15-Feb-2007 - Tunis, 9 February 2007 – The African Development Bank (AfDB) Group has signed two loans and three grants agreements totaling 61.50 million Units of Account (UA*), equivalent to US$ 92 million with Kenya, Tanzania and two East African regional organizations, to finance road infrastructure in the region.
31-Jan-2007 - Tunis, 31 January 2007 – The African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group will support a Community Agricultural Infrastructure Improvement Programme Project-1 (CAIIP-1) in Uganda with a loan of 30 million Units of Account (UA*), equivalent to US$ 45.13 million approved by the Fund’s Board of Directors on Wednesday in Tunis.
