Loans & Grants

Displaying 1561 - 1572 of 1572

Foreign Investments Target Uganda’s Mining Sector

29-Sep-2004 - 29-Sep-2004 - The ADF grant will be utilized to finance the procurement of goods and services for Airborne Geophysical Surveys (airborne data acquisition, compilation of information on surface and sub-surface geology, data processing, interpretation, quality control and publication of these data). It will also finance Laboratories and Geological Storage (procurement of relevant equipment for providing support services to mineral exploration and exploitation programs as well as setting up of rock sample labs and museum). The...

AfDB at the Service of Peace in West Africa

29-Sep-2004 - 29-Sep-2004 - The Support to ECOWAS for Peace and Development Project will help strengthen the institutional capacities of ECOWAS and civil society in countries affected by conflict and to achieve better coordination, management and implementation of conflict prevention measures in the context of good governance. The project will help minimise the risks of conflict in the sub-region and promote economic recovery in areas that are already experiencing conflict. Among other outputs, the project will help to implement the...

African Development Fund Supports Construction of Feeder Roads in Burkina Faso

29-Sep-2004 - 29-Sep-2004 - The loan of 15.71 million Units of Account (UA), equivalent to 22.95 million US dollars was approved by the Board of Directors of the ADF in Tunis on Wednesday to finance the Feeder Roads Project. The project will involve the improvement of 975km of feeder roads in 13 provinces of the country. This will include 865 km of cotton-farm tracks in the West and Southwest and 110 km of tracks serving the market-garden areas in the provinces of Houet and Kadiogo. It will also involve works control and supervision; as...

The African Development Fund Supports Rural Agriculture and Environment Protection in Uganda

29-Sep-2004 - 29-Sep-2004 - The Board of Directors of the ADF on Wednesday approved a loan of 31.57 million Units of Account (UA*), equivalent to 46.12 million US dollars and a grant of 9.85 million UA, equivalent to 14.38 million US dollars to finance the Farm Income Enhancement and Forest Conservation Project in the country. The project aims to reduce poverty by improving incomes, rural livelihoods and food security, through sustainable natural resources management and agricultural enterprise. The project comprises three components:...

ADF Supports Efforts to clear Invasive Aquatic Weeds in West Africa

22-Sep-2004 - 22-Sep-2004 - In order to arrest this scourge, the African Development Fund (FAD) has approved a project on the Integrated Management of Invasive Aquatic Weeds in West Africa (IMIAW) for a total amount of US$11.76 million. This funding includes a loan of US$7.4 millions and a grant of US$1.45 million. The goal of the project is to ensure the sustainable management of the natural resources, especially the water resources, and optimize their contribution to social, economic and environmental development of the sub-region. The...

ADF Supports Efforts to clear Invasive Aquatic Weeds in West Africa

22-Sep-2004 - 22-Sep-2004 - In order to arrest this scourge, the African Development Fund (FAD) has approved a project on the Integrated Management of Invasive Aquatic Weeds in West Africa (IMIAW) for a total amount of US$11.76 million. This funding includes a loan of US$7.4 millions and a grant of US$1.45 million. The goal of the project is to ensure the sustainable management of the natural resources, especially the water resources, and optimize their contribution to social, economic and environmental development of the sub-region. The...

Burkina Faso Enhances Governance

22-Sep-2004 - 22-Sep-2004 - The Supplementary Poverty Reduction Strategy Support Program II, whose financing was today approved by the Board of Directors of the ADF, amounts to 15.50 million Units of account (US$ 22.64 million). The reforms under the Supplementary Program hinge on three themes: acceleration of growth by consolidating macro-economic stability and strengthening competitiveness; improving the access to basic social services for the poor; and promoting good governance. The program will permit continued reforms to consolidate...

AfDB Boards Returns from Summer Recess: Approves Project Loans and Policy Initiatives

08-Sep-2004 - 08-Sep-2004 - On internal policy matters, the Board approved the establishment of an Economic and Technical Cooperation Unit within the Bank to provide strategic and policy support to the Bank's operations departments on regional integration matters and serve as the Bank's primary interlocutor with external agencies on regional integration issues. The Board also approved a programme of decentralization that will ensure that the Bank has an expanded field presence in Africa. According to the programme, the Bank will open eight...

AfDB Boards Returns from Summer Recess: Approves Project Loans and Policy Initiatives

08-Sep-2004 - 08-Sep-2004 - On internal policy matters, the Board approved the establishment of an Economic and Technical Cooperation Unit within the Bank to provide strategic and policy support to the Bank's operations departments on regional integration matters and serve as the Bank's primary interlocutor with external agencies on regional integration issues. The Board also approved a programme of decentralization that will ensure that the Bank has an expanded field presence in Africa. According to the programme, the Bank will open eight...

ADF Helps Mali Improve its Balance of Payments

19-Jul-2004 - 19-Jul-2004 - The ADF loan is a balance of payments support for use in financing goods and services imports originating exclusively from ADB Group member countries. Amounting to 8.6 million units of account (US$ 12.63 million), the loan will facilitate the implementation of additional reform measures under the third Structural Adjustment Programme (SAP III) and the new Cotton Sector Action Plan. Over the 2002-2003 period, the reforms implemented under SAP III mostly focused on the rehabilitation of the cotton sector and the...

La BAD et la Guinée-Bissau signent un accord de don : Renforcement des capacités de gestion économique

01-Apr-2004 - 01-Apr-2004 - M. Mohamed Gharbi, vice-président du Groupe de la Banque africaine de développement (Bad) chargé des opérations dans les régions Centre et Ouest, a estimé, lors de la cérémonie de signature, que « le renforcement des capacités humaines et institutionnelles est un besoin urgent pour le pays, en particulier dans le domaine de l’administration économique et financière ». De son côté, a déclaré M. Joao Aladji Mamadou Fadia, ministre de l’Economie et des finances de la Guinée-Bissau, cette signature intervient à...

ADF, ECCAS sign grant agreement : institutional support project of the general secretariat of the ECCAS

17-Jan-2004 - 17-Jan-2004 - The ADB Vice-President for Central and West operations, Mr. Bisi Ogunjobi and the ECCAS General Secretary, Louis Sylvain-Goma signed in Tunis a grant agreement of 2.59 million Units of Account (UA*), equivalent to 3.88 million US dollars to finance an institutional support project of the general secretariat of the ECCAS. The ADF grant will be used to revitalise and build the Secretariat’s ability to act in matter of economic integration and regional cooperation, through restructuring and implementation of its...