Loans & Grants

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Africa agribusiness, a US$1 trillion business by 2030

09-Nov-2018 - As project sponsors, borrowers, lenders and investors gathered at the Africa Investment Forum to make deals on investment opportunities, leaders of the continent’s  top agribusiness companies shared their thoughts on the future of the industry. With its vast agricultural potential, Africa’s agribusiness sector is predicted to reach US$1 trillion by 2030. Agribusiness will become the ‘new oil” on the continent, African Investment Forum participants said, fueling the motor of inclusive growth.

La Banque africaine de développement approuve un accord de partenariat avec Natixis pour développer le commerce en Afrique

09-Nov-2018 - Le Conseil d'administration du Groupe de la Banque africaine de développement a approuvé un Accord de participation aux risques (APR) d’un montant de 50 millions de dollars EU au profit de Natixis. Ce programme de partage de risques (50/50), en mesure de couvrir un portefeuille de transactions à concurrence de 100 millions de dollars EU, vient en soutien des quelque 600 millions de dollars EU (valeur cumulative) d’opérations commerciales sur les 3 prochaines années.

South Africa’s IDC and African Development Bank sign loan agreement to ramp up industrial and infrastructure development in Africa

09-Nov-2018 - The African Development Bank and the Industrial Development Corporation of South Africa, have signed a US$100 million and ZAR 1.3 billion loan agreement to finance industrial and infrastructure projects in South Africa and other African countries. This facility will support IDC in delivering on its industrial mandate. The Agreement was signed on 7 November during the African Investment Forum in Johannesburg.

The Trade and Development Bank and USAID Sign MoU to Power Africa

08-Nov-2018 - The Eastern and Southern African Trade and Development Bank (TDB) and USAID’s Power Africa initiative have today signed a memorandum of understanding (MoU) that will finance power projects in 22 African countries. The memorandum was signed at African Development Bank’s inaugural Africa Investment Forum, where emphasis on investment is at the core of tens of transactions anticipated to take place.

Climate, agribusiness, gender are key priorities in new agreement between African Development Bank and FinDev Canada

08-Nov-2018 - The African Development Bank and FinDev Canada – the Canadian government’s development finance institution – have agreed to collaborate in joint transaction opportunities, external partnerships and best practice to achieve the Sustainable Development Goals in Africa.

Africa Investment Forum: Arab Bank for Economic Development in Africa (BADEA) acquires stake in Eastern and Southern African Trade and Development Bank (TDB)

08-Nov-2018 - The Arab Bank for Economic Development in Africa (BADEA) has acquired an equity stake in the Eastern and Southern African Trade and Development Bank, formerly known as PTA. BADEA CEO Sidi Ould Tah and TDB president Admassu Tadesse ratified the agreement on 8 November 2018, on the second day of the Africa Investment Forum held in Johannesburg, South Africa.

Côte d’Ivoire : Prêt de €42 millions de la Banque africaine de développement pour améliorer l’accès à l’électricité en milieu rural

08-Nov-2018 - A l’horizon 2021, le Gouvernement de Côte d’Ivoire ambitionne d’électrifier toutes les localités de plus de 500 habitants. Pour réaliser  cet objectif, le pays a bénéficié, le mercredi 7 novembre 2018, d’un prêt de €42,3 millions de la Banque africaine de développement en vue de financer le projet d’amélioration d’accès à l’électricité en milieu rural qui s’inscrit dans le cadre du Programme National d’Electrification Rurale (PRONER) élaboré par le Gouvernement en 2013.

Niger Basin Authority will get US$134 million to spur Development and Climate Change Adaptation in the Niger Basin (PIDACC)

07-Nov-2018 - In a bid to improve the resilience of the people and ecosystems of the Niger River Basin, the Board of Directors of the African Development Bank, has approved US$76 million for the integrated development and climate change adaptation in the Niger Basin. The program is co-financed with – the Green Climate Fund, the European Union, the Global Environment Fund, the Forest Investment Fund and the various governments – to the tune of US$134 million.

Kinshasa, Brazzaville Ink Landmark Bridge Project

07-Nov-2018 - On the sidelines of the Africa Investment Forum, the African Development Bank and Africa50 have signed an agreement with the Democratic Republic of Congo and the Republic of Congo to develop and finance the first road-rail bridge project linking their capitals – Kinshasa and Brazzaville.

African Development Bank to invest over US$ 500 million in New City Wide Inclusive Sanitation projects with support from Gates Foundation

06-Nov-2018 - The African Development Bank announces a new initiative to promote innovation and citywide inclusive sanitation services for sub-Saharan Africa’s urban inhabitants. The Bank’s Africa Urban Sanitation Investment Fund Program, with support from the Bill & Melinda Gates Foundation, is funding the initiative designed to focus on the poor.

Maroc : la Banque africaine de développement appuie l’extension et la modernisation de l’aéroport international de Rabat-Salé

06-Nov-2018 - Le Maroc va renforcer sa compétitivité, ainsi que l’attractivité de la zone économique Rabat-Salé, pour en faire un hub régional. Dans cette dynamique, la Banque africaine de développement, a apporté un appui financier de 75 millions d’euros au pays, pour l’extension et la modernisation de l’aéroport international de Rabat-Salé.

Uganda’s Kampala-Jinja Expressway Project approved by African Development Bank

05-Nov-2018 - The African Development Bank has approved a sovereign loan of US$229.5 million to the Republic of Uganda to finance phase one of the Kampala-Jinja Expressway project. The financing will reinforce Uganda’s position as a regional transit hub, supporting its ambition to propel its economy into middle-income status by 2020.

The African Development Bank Launches Mozambique’s Lurio University Support Programme and awards 68 scholarships

02-Nov-2018 - The African Development Bank and Mozambique’s Lúrio University recently launched the UniLúrio Support to Skills Development for Agriculture and Industry Programme in Pemba, and, awarded 68 scholarships of which 39 (57%) were allocated to women. The Bank is investing UA 11.10 million (US$ 15.5 million), grant in the five-year project.

African Development Bank collaborates with Women Entrepreneurs Finance Initiative

02-Nov-2018 - The African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) program has signed a financial procedures agreement with the World Bank-led Women Entrepreneurs Finance Initiative (We-Fi). “This agreement is an important milestone for the AFAWA program, and presents an opportunity to leverage substantial resources to unlock the transformational potential of women’s entrepreneurship in Africa,” said Vanessa Moungar, Director of the Bank’s Gender, Women and Civil Society Department. The agreement was signed on 15 October...

Nigeria’s Emir Sanusi urges Africa to put education and the poor at the centre of development

30-Oct-2018 - One of Nigeria’s foremost traditional rulers has challenged Africans and development experts to rethink development financing to reach the poorest communities on the continent, to give them access to markets, education and healthcare. “Development needs to impact those at the bottom of the pyramid,” Emir Sanusi II, the monarch of the northern Nigerian city of Kano said in a keynote at the 21st Eminent Speakers Lecture Series of the African Development Institute.

African Development Bank rolls out programme to boost climate risk financing and insurance for African countries

29-Oct-2018 - The African Development Bank has approved the Africa Disaster Risks Financing (ADRiFi) Programme, the institution’s first climate risk management programme to boost resilience and response to climate shocks in regional member countries.

ADF Supports Nile Basin Power Project

27-Oct-2018 - Tunis, 27 October 2006 – The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, on Friday in Tunis,  approved a grant of  2.57 million Units of Account (UA*), equivalent to US$ 3.79 million to finance a study on power transmission lines in the Rusumo Falls hydropower station.

Malawi: The African Development Bank approves US$ 15 million grant for Nkhata Bay Town Water Supply and Sanitation Project

26-Oct-2018 - The African Development Bank Group, has approved a US$15 million grant from the African Development Fund (ADF) for a water supply and sanitation project in Malawi, expected to provide jobs and boost the livelihoods of nearly 300,000 people.

Plus de 121 millions de dollars de dons de la Banque africaine de développement pour le transport aérien en RDC

25-Oct-2018 - La Banque africaine de développement continue d’œuvrer en faveur de l’amélioration du transport aérien en République démocratique du Congo (RDC).

Agri-tech can turn African Savannah into global food basket – African Development Bank

25-Oct-2018 - The African Development Bank is championing a new regional and global effort to transform the African Savannah from a “Sleeping Giant” to the cradle of the continent’s green revolution.