Loans & Grants
21/02/2019 - Today, Dr. Sahar Nasr, Minister of Investment and International Cooperation, and Dr. Khaled Abdel-Ghaffar, Minister of Higher Education and Scientific Research, commended the African Development Bank for the strategic partnership behind Egypt’s economic transformation since the 2011 revolution. The two Ministers spoke at a joint press conference with the Bank at the signing of a grant agreement and the official release of the Bank’s 2018 Country Results Brief on Egypt.
24/01/2019 - Le Bureau national de la Banque africaine de développement en Guinée (COGN) et le ministère guinéen du Plan et du développement économique ont procédé à la signature de deux protocoles d’accord, l’un de don et l’autre de prêt, vendredi 18 janvier 2019, au Petit palais, sur la presqu’île de Kaloum à Conakry. D’un total de 11 millions de dollars, ces accords de financement sont destinés au projet d’appui à la transformation de l’agriculture guinéenne et de l’entreprenariat agricole des jeunes (PATAG EAJ).
06/04/2018 - Donors to the Fund for African Private Sector Assistance (FAPA) – consisting of the African Development Bank, the Government of Japan and the Government of Austria – have approved three catalytic projects totaling US $2,480,000 to stimulate the growth of Africa’s small and medium enterprises.
19/10/2016 - The Board of Directors of the African Development Bank (AfDB) Group has approved an eight-year US $40-million corporate loan to the Afe Babalola University (ABUAD) in Ado Ekiti (Nigeria), to finance part of the university’s expansion plan. The project will make ABUAD a centre of excellence for tertiary education in Africa, expanding access to high-quality education to over 10,000 students per year.
12/10/2016 - The Board of Directors of the African Development Bank Group (AfDB) has approved a Senior Loan of ZAR 570 million to South Africa’s Housing Investment Partners Trust 2 -HIP2), also known as Vulumnyango Trust, to help finance affordable housing programmes in the country. The loan will help improve access to long-term affordable housing finance to South Africa’s lower-middle income earners currently with limited opportunities to access affordable mortgages.
30/09/2015 - The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, September 30, 2015 approved combined loans and grants amounting to US $428.43 million to finance projects in energy, infrastructure, transport and water and sanitation in eight African countries – The Gambia, Ghana, Tanzania, Zimbabwe, Guinea Bissau, Guinea, Senegal and Côte d’Ivoire.
Categories: Côte d’Ivoire, Guinea-Bissau, Guinea, Senegal, Ghana, Tanzania, Zimbabwe, Energy & Power, Infrastructure, Transport, Water Supply & Sanitation, Gender, Employment, Youth, Human Capital Development
13/02/2015 - The African Development Bank (AfDB) Group and Guinea on February 12 in Abidjan signed US $50 million in loan agreements to finance a road improvement and trade facilitation project. This Road Improvement and Transport Facilitation Project in the Mano River Union includes the tarring of 276.35 kilometres of roads in Guinea, Côte d'Ivoire and Liberia. It also provides for the building and equipment of two juxtaposed border checkpoints and the development of social infrastructure such as schools, health centres and bus stations.
19/12/2014 - On December 18, 2014, the Board of Directors of the African Development Bank (AfDB) Group approved a US $22.49-million loan to Zambia for the development of Lake Tanganyika.
This project has been formulated as part of the long-term vision for Zambia ("Vision 2030") by which it intends to become "a prosperous middle-income country by 2030". Its aim, thus, is help implement the amended Sixth National Development Plan, which covers 2013-2016 and aims to facilitate and accelerate "economic growth and development in the service of the people". Accordingly, it aims to stimulate job creation and rural development, in this way boosting inclusive growth.
15/12/2014 - On Monday, December 15, 2014, the Board of Directors of the African Development Bank (AfDB) Group unanimously approved a financial package of US $500 million to support the establishment of the Development Bank of Nigeria PLC (DBN).
11/12/2014 - La Banque africaine de développement (BAD) et le gouvernement mauritanien ont signé, ce 11 décembre 2014 à Abidjan, trois accords de don totalisant plus de 24 millions de dollars EU.
Ces dons, destinés à favoriser une croissance inclusive dans le pays, financeront la composante mauritanienne du Programme de renforcement de la résilience à l’insécurité alimentaire et nutritionnelle au Sahel, ainsi que le Projet d’appui à la gouvernance pour la promotion d’une croissance inclusive et le Projet d’appui à la formation et l’emploi des jeunes dans le pays.