Loans & Grants
01/10/2015 - The African Development Bank approved on Wednesday, September 30, 2015 a €121.5-million package to the Gambia River Basin Development Organization (OMVG) to improve electricity access and provide renewable, clean and affordable energy in The Gambia, Guinea, Guinea-Bissau and Senegal.
16/10/2014 - In a move aimed at ending the frequent cycles of drought and famine in the Sahel region, the African Development Bank Group (AfDB) on Wednesday, October 15, 2014 approved loans and grants amounting to US $231 million to finance a Programme to Build Resilience to Food and Nutrition Insecurity in the Sahel (P2RS).
Categories: Benin, Burkina Faso, Cabo Verde, Côte d’Ivoire, Chad, Gambia, Guinea, Guinea-Bissau, Mali, Mauritania, Niger, Togo, Senegal, Agriculture & Agro-industries, Infrastructure, Gender, Climate Change, Water Supply & Sanitation, Food Production
18/04/2014 - The Board of Directors of the African Development Bank approved on Wednesday, April 16, 2014 in Tunis, a US $8.2 million loan to The Gambia’s Horizons Clinic. The Horizons Clinic project to which the Board approved a US $8.2-million loan involves the design, building and operation of a 60-bed international standard, state-of-the-art medical facility in The Gambia.
18/10/2013 - The African Development Bank (AfDB) and VoLo signed on Friday, October 18 a grant agreement amounting to US $284,472 to facilitate financial inclusion and improve the efficiency of micro, small and medium-sized enterprises (MSMEs) financing in Senegal and The Gambia through the piloting of an innovative technology-based solution for collecting and disseminating credit information on MSMEs to prospective creditors. This innovative project will enhance the region’s financial structures by improving credit information, thereby ultimately fostering access to lending for local entrepreneurs.
25/07/2013 - The Board of Directors of the African Development Bank Group chaired by Emmanuel Mbi, First Vice-President and Chief Operating Officer,on Wednesday July 24, 2013 in Tunis, approved five projects covering the following:
29/05/2013 - The African Legal Support Facility (ALSF), on 28 May in Marrakech, signed a $US 400,000 agreement with The Gambia to provide legal assistance in the negotiations of independent power projects and transmission as well as distribution upgrades in the Greater Banjul area.
19/11/2012 - The African Development Bank Group approved Wednesday a grant of 1.88 million UA (US $2.9 million) to the Republic of The Gambia to finance the Economic and Financial Governance Operation (EFIGO) – Phase 1. The funding supports the implementation of a multi-year reform program to fund The Gambia’s implementation of its development strategy Program for Accelerated Growth and Employment (PAGE).
16/03/2012 - The African Development Bank (AfDB) has signed two grant agreements with the Gambian government totalling USD 7 million to improve access to clean drinking water and better sanitation for an estimated 40,000 people in rural areas of the country and cut hygiene-related deaths in those areas, particularly among children.
19/12/2011 - The Board of Directors of the African Development Bank (AfDB) Group approved, on 16 December, funding of USD 107.4 million for the construction of the Trans-Gambia Bridge and Cross Border Improvement Project. The financing package, which is being extended through the African Development Fund (ADF), the African Development Bank Group’s concessionary lending window, comprises an outright grant of USD 102.3 million and ADF concessionary resources of USD 5.1 million.