30-Nov-2005 - Tunis, 30 November 2005 – Agricultural production in the region of Bamako, Mali, is expected to increase with the support of the African Development Fund. The loan of 14.92 million Units of Account* (US$ 22 million or CFA 11.8 billion) approved by the Board of Directors of the ADF today will finance the Baguineda Irrigation Scheme Intensification Project (30 km to Bamako’s North East, on the right bank of River Niger).
The project will generate an additional production of 7.400 t/year of paddy rice, 11.200 tons of tomato, 8.000 tons of onion...
24-Nov-2005 - ADF Finances Project to Improve Food Security and Rural Incomes in Angola
Tunis 25 November, 2005 – Farmers in the Bom Jesus commune of Angola will receive grant financing from the African Development Fund (ADF) to support efforts aimed at improving food production in the region. The ADF Board of Directors today in Tunis approved a grant of UA 17.2 million (approximately US$ 24.86 million) to finance the Bom Jesus-Calenga Smallholder Agricultural Development Project.
24-Nov-2005 - Obtains major debt relief from the ADB
Tunis, 24 November 2005 – The Boards of Directors of the African Development Bank (ADB) and the African Development Fund (ADF) today agreed that Burundi had effectively met the conditions and reached the decision point under the enhanced framework of the Heavily Indebted Poor Countries (HIPC) Initiative.
16-Nov-2005 - ADB Group Supports Control of HIV/AIDS and other Communicable Diseases in SADC with a Grant of US$ 29 Million
Tunis, 16 November 2005 – The Board of Directors of the African Development Fund (ADF) the concessional window of the African Development Bank (ADB) Group approved in Tunis on Wednesday, a grant of 20 million Units of Account (UA*), equivalent to 28.92 million US dollars in support of a programme to control communicable diseases (HIV/AIDS, Tuberculosis and Malaria) in the Southern Africa Development Community (SADC).
16-Nov-2005 - Tunis, 16 November 2005 – The Board of Directors of the African Development Fund approved a loan of 6.325 million Units of Account* (US$ 9 million or 19 billion ariary) to finance the Tuléar Fishing Communities Support Projec (PACP), South-West Madagascar.
11-Nov-2005 - Tunis, 24 November 2005 – The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group approved today in Tunis a grant of 15 million Units of Account (US$ 21.85 million) to help finance a health sector support programme in Malawi.
The objective of the programme is to establish, through a Sector Wide Approach (SWAp) arrangement, an effective and efficient health care delivery system that is responsive to the needs of the people, especially vulnerable groups such as the poor, women...
26-Oct-2005 - Tunis, 26 October 2005 – The African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, has approved a grant of 10 million Units of Account* (US$ 14.5 million) to finance a project in support of the Lake Chad Basin Initiative to Reduce vulnerability to and risks of sexually transmitted diseases, Human Immuno-Deficiency Virus and AIDS (STI/HIV/AIDS).
19-Oct-2005 - Tunis, 19 October 2005 - The Board of Directors of the African Development Bank (ADB) has approved through its private sector window, a partial guarantee facility of US$ 10 million and a technical assistance facility of US $ 1.58 million to support Growth-Oriented Women Enterprise (GOWE) Development in Kenya.
19-Oct-2005 - Tunis, 19 October 2005 - The African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, has approved a grant of 1.67 million Units of Account* (US$ 2.5 million) to finance a Multinational Medium to Long-term Strategic Framework Study for NEPAD Infrastructure Development (MLSTF).
19-Oct-2005 - Tunis, 19 October 2005 - The Board of Directors of the African Development Fund (ADF), the soft loan window of the African Development Bank Group, today in Tunis approved a loan of 20 million Units of Account* (US$ 30 million or CFA 24 billion) to finance the Casamance Rural Development Support Project in Senegal.
The project falls within the framework of the Program to revive economic and social activities in Casamance put in place by the Government and supported by the donor community, with a view to bolstering the process of return of peace...
18-Oct-2005 - Tunis, 18 October 2005 - The African Development Bank Group on Tuesday in Tunis signed an agreement for a loan of 154.3 million Units of Account* (175.9 million Euro) to finance the El Kureimat Combined Cycle Power Plant Project (Module II) in Egypt.
The agreement was signed by the ADB Vice President in charge of North, East and South Operations, Mr. Theodore Nkodo and the Egyptian Ambassador to Tunisia, Mrs. Shadya Farrag.
17-Oct-2005 - Tunis, 17 October 2005 - The African Development Bank (ADB) Group and the government of Sierra Leone have signed agreements under which the country will receive 27.7 million Units of Account (UA) (US$ 42 million) in grants from the African Development Fund (ADF) to finance economic recovery and health development programmes.
The Vice President of the ADB Group in charge Central and West Region Operations, Mr. Bisi Ogunjobi and the Ambassador of Sierra Leone to Libya, Dr. Mohamed Samura, signed the two agreements in Tunis on Monday.
12-Oct-2005 - Tunis, 12 October 2005 – The Board of Directors of the African Development Bank (ADB) approved in Tunis on Tuesday a loan of 200 million dollars to the National Bank of Egypt (NBE) to finance the Small and Medium Enterprises Support Project. The project comprises a line of credit of US$ 200 million and a grant of 300,000 Units of account* (US$ 435,000).
12-Oct-2005 - Tunis, 12 October 2005 – The Board of Directors of the African Development Fund (ADF) in Tunis today approved a grant of 20.5 million Units of Account* (approximately US$ 30 million or CFA 16 billion) to finance the Governance Reform Support Programme (PARG I 2005-2007) in Chad.
12-Oct-2005 - Tunis, 12 October 2005 – The African Development Fund (ADF), the concessional window of the African Development Bank (ADB) Group, has approved a loan of 25.04 million Units of Account (UA)*, equivalent to US$ 36.18 million, to finance the Green Zones Development Support Project in Kenya.
12-Oct-2005 - Tunis, 12 October 2005 – The board of directors of the African Development Fund (ADF) approved a loan of 25 million Units of Account* (US$ 36 million or 330 billion Cedi) to finance the Urban Poverty Reduction Project in Ghana.
The project aims at contributing to Ghana’s efforts to achieving the Millennium Development Goal that calls for a reduction by half of the proportion of poor living on less than a dollar a day through urban poverty reduction strategies.
06-Oct-2005 - The African Development Fund Vice-President in charge of Operations in West and Centre Regions, Mr. Bisi Ogunjobi, and Ghana’s deputy finance minister, Mr. Kwaku Aguyeman-Manu, signed an agreement today in Tunis for a loan of 44 million Units of Account* (US$ 64 million) to finance the country’s Second Poverty Reduction Support project (PRSL-II).
04-Oct-2005 - Tunis, 4 October 2005 – The African Development Fund (ADF), has approved a grant of 6.80 million Units of Account (UC*), equivalent to US$ 9.92 million to finance the Mozambican Financial Sector Technical Assistance Project (FSTAP).
The overall objective of the project is to improve the soundness and efficiency, reach and depth of the Mozambican financial system so as to enhance its contribution to economic growth and poverty reduction.
28-Sep-2005 - Tunis, 28 September 2005 – The Board of Directors of the African Development Bank on Wednesday in Tunis approved a loan of 50 million units of account* (60 million Euros or 97 million Tunisian Dinars) to finance the Secondary Education Support Project, Phase II (SESP II) in Tunisia.
27-Sep-2005 - Tunis, 27 September 2005 - The African Development Bank and Tunisia signed two loan agreements worth 133.025 million UA in Tunis on Tuesday.
The first agreement involves a loan of 33.025 million UA to finance a project for the reduction of pollution and the improvement of the competitiveness of the Gafsa Phosphates Company (CPG) as well as the country’s mineral extraction sector.