Loans & Grants

Displaying 1621 - 1640 of 1811

Ghana: AfDB Group Supports Accra Sewerage Improvement Project

19-May-2006 - Ouagadougou, 17 May 2006 – The African Development Fund and the Government of Ghana today in Ouagadougou signed a loan agreement of 46 million Units of Account, (equivalent to US$ 68 million or 606 billion GHC)  to finance the Accra Sewerage Improvement Project. The agreement was signed by Zeinab El-Bakri, ADB Vice President of Operations, and Mr. Kwadwo Baah-Wiredu, Minister of Finance and Economic Planning of Ghana.

Nigeria: Bank Group Supports Skills Training and Vocational Education Programme

19-May-2006 - Ouagadougou, 17 May 2006 – The African Development Fund (ADF) and the Government of the Federal Republic of Nigeria today in Ouagadagou signed a loan agreement of 30 million Units of Account, (equivalent to US$ 44.2 million) to finance a Skills Training and Vocational Education Project in Nigeria. The agreement was signed by Mrs. Zeinab El-Bakri, ADB Vice President of Operations, and Mrs. Ngozi Okonjo-Iweala, Federal Minister Finance of Nigeria.

Mali: AfDB Bank Group Supports Agricultural Production and Income

19-May-2006 - Ouagadougou, 17 May 2006 – The African Development Fund and the Government of Mali today in Ouagadagou signed a loan agreement of 14.92 million Units of Account, (equivalent to US$ 22 million or CFAF 11.8 billion) for agricultural production in the region of Bamako, Mali. The loan will finance the Baguineda Irrigation Scheme Intensification Project (30 km to Bamako’s North East, on the right bank of River Niger). The agreement was signed by Mrs. Zeinab El-Bakri, ADB Vice President of Operations, and Mr. Aboubakar Traore, Minister of the...

Private sector operations in Nigeria: AfDB grants a line of credit of US $ 40 million to the Guaranty Trust Bank (GTB) in Nigeria

18-May-2006 - Ouagadougou, le 17 mai 2006 – Mr. Mandla Gantsho, Vice President in charge of Private Sector Operations of the African Development Bank (AfDB) and Mr. Tayo Aderinokun, CEO & Managing Director of the Guaranty Trust Bank (GTB) Plc of Nigeria, signed today a loan agreement of US $ 40 million line of credit (LOC) to support infrastructure and corporate development in Nigeria.

SADC: AfDB Group Supports Shared Watercourses Project

18-May-2006 - Ouagadougou, 18 May 2006  - The African Development Fund and SADC today in Ouagadagou signed a grant agreement of 9.38 million Units of Accounts(UA*), equivalent to US$ 13.80 millions  to finance the SADC Shared Watercourses Support Project for Ruvuma, Buzi and Save River Basin. The agreement was signed by Mr. Mandla Gantsho, AfDB Vice President of Operations ONVP, and Dr. T. Salomao, SADC Executive Secretary.

Congo: AfDB Group Supports Socio-economic Reintegration of Disadvantaged Groups

18-May-2006 - Ouagadougou, 17 May 2006 – The African Development Bank Group and the Government of Congo today in Ouagadagou signed a grant agreement of 14.8 million Units of Account, (equivalent to US$ 21.7 million) to finance the socio-economic reintegration of disadvantage groups in Congo. The agreement was signed by Mr. Lotfi Chakroun, ADB OCCC Director, and Mr. Pacifique Issoibeka, Minister of the Economy, Finance and Budget of Congo.

Cameroon : AfDB Group Supports the Yaoundé Sanitation Project

17-May-2006 - Ouagadougou, 17 May 2006 – The African Development Fund and the Government of Cameroon today in Ouagadagou signed a grant agreement of 25 million Units of Account, (equivalent to US$ 37.66 million) to finance the Yaoundé Sanitation Project in Cameroon. The agreement was signed by Mrs. Zeinab El-Bakri, ADB Vice President of Operations, and Mr. Abah Abah Polycarpe, Minister of the Economy and Finance of Cameroon in the presence of the ADB Group president, Mr. Donald Kaberuka and Government Delegate to the Yaoundé urban council, Mr. Gilbert Tsimi...

Guinea : Bank Group Supports Rural Drinking Water Supply and Sanitation Programme

10-May-2006 - Tunis, 10, May 2006 – The African Development Fund (ADF), the concessional window of the African Development Bank (ADB) Group, has approved a grant of UA 1,000,000 (equivalent to US$ 1.47 million) to finance a study for the formulation of a national programme for rural water supply and sanitation (DWSS) in Guinea. The objective of the programme is to improve the socio–economic and health situation of the rural population.

Cameroon: Bank Group Supports Investment in Power Sector

10-May-2006 - Tunis, 10 May 2006 – The African Development Fund (ADF), the concessional window of the African Development Bank (ADB) Group will support a project to improve electricity supply and network efficiency in Cameroon. The ADF Board today approved a loan of  UA49.65 million (equivalent to 60 million Euros) for the partial financing of  a five-year investment programme  by AES Sonel,  an integrated electric power utility in Cameroon.

Mali: Community Development Support Project

03-May-2006 - Tunis, 3 May 2006 – A new loan of the African Development Fund will support community development in 505 villages in Mali. The loan of 15 million Units of Account* (US$ 22 million or 11.7 billion CFA) approved by the ADF Board of Directors on Wednesday 3 May, will build the capacities of all local development stakeholders, improve access to basic socio-economic infrastructure and extend financial services to remote areas.

Ghana: Accra Sewerage Improvement Project

26-Apr-2006 - Tunis, 26 April 2006 – Accra City is expected to significantly improve its sanitation system thanks to a loan of the African Development Fund (ADF). The Accra Sewerage Improvement Project (ASIP), approved by the institution’s Board of Directors on Wednesday 26 April 2006 to the tune of 46 million Units of Account* (US$ 66 million or 602 billion Cedi), will provide an improved and extended sewerage and sanitation system for disposing of waste water from the city of Accra, in an environmentally and socially acceptable manner, to meet the demand...

African Water Facility’s first grant supports the establishment of the Volta Basin Authority

07-Apr-2006 - Ouagadougou, 7 April 2006-The African Water Facility (AWF) supports the formal establishment of the Volta Basin Authority (VBA) by providing its first grant of 165 000 Euros to the Volta Basin Technical Committee (VBTC) through an agreement with the Ministry of Agriculture, Hydraulics and Fisheries in Burkina Faso.

AfDB Approves Emergency Grant to help Nigeria Fight Avian Influenza

06-Apr-2006 - Tunis, 5 April, 2006 – The Board of Directors of the African Development Bank on Wednesday in Tunis approved a grant of US$500,000 dollars as emergency assistance in support of the Nigerian Government’s effort to combat Avian Influenza in 2006. The grant will be used to finance the campaign by strengthening national capacity to maintain functional laboratories and prepare long-term strategic plans and programmes to contain and control the spread of the pandemic.

AfDB Supports Avian Influenza Emergency Plan in West Africa

06-Apr-2006 - Tunis, 5 April, 2006 – The African Development Bank has approved a grant of US$500,000 in support of  initiatives to prevent the possible spread of Avian Influenza in Niger and six other countries in West Africa (Benin, Burkina Faso, Cameroon, Chad, Ghana and Togo), which brings the total approved to US$3.5 million.

Tunisia: Integrated Agriculture Development Project for Kairouan

29-Mar-2006 - Tunis, 30 March 2006 – A new operation of the African Development Bank in Tunisia is expected to help improve the conditions of live in rural areas. The loan approved by the Board of Directors of the ADB on Wednesday at the tune of 14.713 millions Units of Account* (US$ 21 million or 29 million Tunisian Dinars) to finance the Integrated Agriculture Development Project for Kairouan will help increase incomes of rural populations in the governorate of Kairouan.

Togo: Institutional Capacity Building Support Project

25-Mar-2006 - Tunis, 24 July, 2006 - The Board of Directors of the African Development Fund on Monday in Tunis approved a grant to help the Togolese government’s efforts to improve macro-economic management as well as its bid to restore relations with various development partners. The Institutional Capacity Building Support Project, financed by the ADF to the tune of 2.2 million Units of Account (US$ 3.3 Million or 1.7 billion CFA), will enable the government strengthen capacity in the formulation, implementation and monitoring of economic policies.

Socio-economic Reintegration of Disadvantaged Groups in Congo

15-Mar-2006 - Tunis, 15 March 2006 – The African Development Fund is supporting efforts for social and economic reintegration of victims of Congo’s wars of the 1990s. The institution’s Board of Directors approved on Wednesday 15 March 2006 a grant of 14.8 million Units of Account* (US$ 21 million or CFA 11.7 billion) to finance a Socio-economic Reintegration of Disadvantaged Groups Project in Congo.

AfDB Grant to the Private Enterprise Partnership for Africa

15-Mar-2006 - Tunis, 15 March 2006 – The Board of Directors of the African Development Fund (ADF) on Wednesday approved a grant of 5 million Units of Account (US$ 7 million) to the Private Enterprise Partnership for Africa (PEP Africa).

An ADF Grant to Boost the Transport Sector in Sierra Leone

09-Mar-2006 - Tunis, March 9, 2006– The Board of Directors of the African Development Fund (ADF) approved today in Tunis, a grant of UA 1.99 Million to finance the Matotoka to Sefadu road studies and institutional support to the transport sector in Sierra Leone. The overall sector goal is to contribute to the development of the transport sector in Sierra Leone in order to support the national economic and social development objectives by increasing access of rural farming population and urban poor to market centers and social and economic services.

ADF Funds Watershed Protection in Burundi

01-Mar-2006 - Tunis, 1 March 2005 – A new operation of the African Development Fund (ADF) in Burundi will help strengthen food security by restoring the soil. The grant of 9 million Units of Account* (US$ 13 million or CFA 7 billion) today approved by the ADF Board of Directors aims at protecting the watersheds, increasing forestry and agro-livestock production and increasing rural incomes in the project area. To meet these objectives, the Watershed Management Project (PABV) comprises: