10-Jan-2007 - Tunis and Rome, 10 January 2007 – The African Development Bank (AfDB) and the International Fund for Agricultural Development (IFAD) are set to begin an independent joint evaluation this month that will review the agricultural and rural development policies and operations of AfDB and IFAD in Africa between 1996 and 2005.
«"IFAD and AfDB share the need to understand better what works in fighting rural poverty and what doesn’t," said IFAD President Lennart Båge, after the evaluation was approved by each of the organizations’ Executive Boards in...
21-Dec-2006 - Tunis, 20 December 2006 – The Board of Directors of the African Development Fund (ADF) today approved in Tunis a supplementary loan of 32.99 million Units of account* (approximately US$ 50 million or 88.9 billion Ugandan Shillings) to finance a road sector support project in Uganda.
21-Dec-2006 - Tunis, 20 December 2006 –The Board of Directors of the African Development Fund on Wednesday in Tunis approved a grant of 2.55 million Units of Account* (US$ 3.9 million or CFA 1.9 billion) to finance the Expenditure Circuit and Poverty Indicators Improvement Support Project.
21-Dec-2006 - Tunis, 20 December 2006 – The Board of Directors of the African Development Fund (ADF) on Wednesday in Tunis approved a grant of 15 Million Units of Account (UA), equivalent to US$ 22.6 million, to finance capacity building in an Open and Distance Learning Project (ODL) in the Southern Africa Development Community (SADC).
21-Dec-2006 - Tunis, 20 December 2006 – The Board of Directors of African Development Fund (ADF) the concessional window of the African Development Bank (AfDB) Group on Wednesday in Tunis approved a grant of 78.49 million Units of Account (UA*), equivalent to US$ 118.34 million, to finance the Protection of Basic Services Program (PBS) in the country.
21-Dec-2006 - Tunis, 20 December 2006 –The Board of Directors of the African Development Fund on Wednesday in Tunis approved a grant of 4.5 million US dollars as the Bank Group’s participation in the second phase of the Regional Technical Assistance Centers Program (Afritac).
21-Dec-2006 - Tunis, 20 December 2006 – The African Development Bank (AfDB) Group will support the Ethiopian government’s rural electrification project with a loan of 87.20 million Units of Account (UA*), equivalent to US$ 131.47 million, approved on Wednesday in Tunis by the Board of Directors of the African Development Fund (ADF), the concessional window of the AfDB Group.
20-Dec-2006 - US$ 23.5 Million ADB Grant
- Boards of Directors Approve Lifting of Sanctions Imposed on CAR
- AfDB Group and Donors Each Clear 49.5% of CAR’s Arrears, while CAR clears the balance
Tunis, 20 December 2006 –The Boards of Directors of the African Development Bank and the African Development Fund, meeting today in a weekly ordinary session in Tunis, recognized that the Central African Republic had met the criteria for receiving financial assistance within the framework of the institution's Post Conflict Country Facility.
13-Dec-2006 - Tunis, 13 December 2006 – Efforts to provide a reliable road link between neighbouring Kenya and Tanzania got a boost from the African Development Bank Group with the approval of a loan and a grant amounting to 53.28 million Units of Account (UA*), equivalent to US$ 80.33 million to rehabilitate the road link.
13-Dec-2006 - Tunis, 13 December 2006- The Board of Directors of the African Development Bank (ADB) approved on Wednesday in Tunis, under its private sector window, a Line of Credit (LOC) of US$ 35 million to Access Bank PLC of Nigeria.
This LOC will be utilised by Access Bank to finance the establishment, expansion, modernisation and diversification of private sector productive facilities in various sectors of the Nigerian economy. Sectors targeted by Access Bank include infrastructures, agribusiness, manufacturing, telecommunications, as well as oil and...
13-Dec-2006 - Tunis, 13 December 2006 – The African Development Bank (AfDB) Group will support the Ethiopian government’s proposal to upgrade the Jima-Mizan road in the south-western part of the country with a loan of 65 million Units of Account (UA*), equivalent to US$ 98 million approved on Wednesday in Tunis by the Board of Directors of the African Development Fund (ADF), the concessional window of the AfDB Group.
13-Dec-2006 - Approves US$ 100 Million Line of Credit to Zenith Bank
Tunis, 13 December 2006 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday in Tunis, under its private sector window, a second Line of Credit (LOC) of US$ 100 million to Zenith Bank of Nigeria.
05-Dec-2006 - ADF Approves US$ 6 Million Grant
Tunis, 4 December 2006 – The Board of Directors of the African Development Fund (ADF) on Monday in Tunis approved a grant of 4 million Units of Account, equivalent to US$ 6.03 million to support the implementation of a Regional Public Procurement System Reform Project in the West African Economic and Monetary Union (WAEMU) member states.
The objective of the project is to modernize and harmonize public procurement systems in the Union’s member countries by effectively implementing the community’s regulations on...
05-Dec-2006 - Tunis, 4 December 2006 – The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, approved on Monday in Tunis a loan of 29 million Units of Account (UA*), equivalent to US$ 43.72 million, to finance a governance reform support program (GRSP) in Cameroon.
05-Dec-2006 - Tunis, 4 December 2006 – The African Development Fund (ADF) will make available UA 6.83 million, equivalent to 10.5 million (LSL 69.68 million) in supplementary road project loan to the government of Lesotho. The ADF Board approved the loan during a weekly meeting on Monday in Tunis.
05-Dec-2006 - Board Approves 10 Million Euros Partial Loan Guarantee facility
Tunis, 4 December 2006 – The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group on Monday in Tunis, approved a partial guarantee of 10 million Euros loan in support of growth-oriented women enterprises development programme (GOWE) in Cameroon.
05-Dec-2006 - Tunis, 4 December 2006 – A new road funded by the African Development Fund will help foster trade between Guinea and Senegal. The Board of Directors of the Fund today approved a funding of 56.4 million Units of Account (US$ 85 million or CFA 42.3 billion) to finance the upgrading of the road linking Labe in Guinea to Tambacounda in Senegal.
29-Nov-2006 - US$ 23 Million ADF Grant for Agricultural Development in Africa
Tunis, 29 November 2006 – The African Development Bank (AfDB) Group will support the development of agriculture in Africa by promoting science and technology. To achieve this objective, the Board of Directors of the African Development Fund (ADF), the concessional window of the AfDB has approved a grant of 15.581 million Units of Account (UA*), equivalent to US$ 23 million, to finance the Promotion of Science and Technology for Agricultural Development in Africa.
29-Nov-2006 - Tunis, 29 November 2006 – The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, on Wednesday in Tunis a approved a grant of UA 3.0 million, equivalent to US$ 4.44 million to finance a decentralization support project in the country.
29-Nov-2006 - Tunis, November 29, 2006 – The Board of Directors of the African Development Fund (ADF) on Wednesday in Tunis approved a loan and a grant amounting to UA 35 million, equivalent to US$ 51.9 million to finance the Multinational Support Project for the Cotton/textile sector in the four countries of the Cotton Initiative (C.I) namely, Benin, Burkina Faso, Mali and Chad.
