Loans & Grants
25/04/2007 - The 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.
16/05/2005 - Abuja, 16 May 2005 – On the fringes of the ADB Group Annual Meetings 2005 in Nigeria, the Acting Vice President for the North, South and East operations of the ADB Group, Mrs. Zeinab El Bakri signed today in Abuja a loan agreement of 20.88 million Units of Account (UA*), the equivalent of US$ 31.6 million, and two grant agreements for a total amount of UA 2.27 million (US$ 3.44 million) in favour of Ethiopia with Ethiopian Minister of Finance and Economic Development, Mr. Sufian Ahmed to finance respectively the Multinational Power Interconnection Project, Fisheries Resources Development Plan Study and the Mombasa-Nairobi-Addis Ababa Road Corridor Development Project.
11/03/2005 - Le Fonds africain de développement (Fad), le guichet concessionel du Groupe de la Banque africaine de développement (Bad) soutient le développement de l’exploitation de l’hydroélectricité en Afrique de l’Ouest.
Categories: Energy & Power
02/03/2005 - Tunis, 2 March 2004 – The African Development Bank (AfDB) approved a loan of EUR 136.45 millions in favour of Morocco, to finance the construction of an integrated solar thermal combined cycle power station in Ain Beni Mathar. This project is a new initiative both for the kingdom of Morocco as well as for the ADB.
27/12/2004 - Tunis, 27 December 2004 – The African Development Fund (ADF) and the Integrated Development Authority of the Liptako-Gourma region (or Liptako-Gourma Authority, ALG) today signed in Tunis a grant agreement of 1.59 million Units of Account (2.3 million US dollars or FCFA 1.2 billion).