Loans & Grants
01/10/2015 - The Board of Directors of the African Development Bank Group approved on Wednesday, September 30, 2015, two loans totaling US $141.71 million to finance the second phase of the Dar es Salaam Bus Rapid Transit (BRT) System Project.
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
17/09/2015 - The African Development Bank Group (AfDB) has approved a loan of US $211-million to help address the urgent need for improved water and sanitation in the city of Arusha in Tanzania. The sum represents 90% of the cost of the Tanzanian Government program to alleviate the threat of major environmental and health issues and improve the quality of life for Arusha inhabitants.
18/02/2015 - The Board of Directors of the African Development Bank Group (AfDB) approved on Wednesday, February 18 in Abidjan an African Development Fund (ADF) Loan of US $144.9 million, to the Kenya–Tanzania Power Interconnection Project.
17/10/2014 - The Board of Directors of the African Development Bank Group on Wednesday, October 15 in Abidjan approved a US $40-million 10-year Line of Credit (LoC) for a pipeline of projects covering various economic sectors (agro/food, infrastructure, manufacturing, education sectors) in the East African Community (EAC) countries of Kenya, Rwanda, Tanzania and Uganda. The projects aim to promote economic growth.
29/05/2014 - The Agriculture Fast Track Fund (AFT) has awarded two grants worth almost US$650,000 to high value agriculture infrastructure projects in Tanzania. Tanga Fresh UHT Milk Factory and Kijani Agro Integrated Horticulture projects have been selected for their strong impact on local communities in Tanzania. They will be receiving funding to finance their market analyses, produce site surveys and other costs.
29/05/2014 - The AfDB’s Agriculture Fast Track Fund (AFT) has awarded four new grants amounting to almost US$2,000,000 to high value agriculture infrastructure projects in Mozambique and Tanzania. EcoFarm sugar cane production and Odebrecht Integrated Poultry Project have been selected in Mozambique, while Tanga Fresh UHT milk production and Kijani Agro high quality fresh fruits and vegetables in Tanzania will receive funding.
07/04/2014 - The Board of Executive Directors of the African Development Bank approved on Wednesday, April 2, 2014 an African Development Fund (ADF) loan of US $52.5 million for the Government of Tanzania to finance a Technical, Vocational Education and Training (TVET) and Teacher Education Project in Tanzania.
20/12/2013 - The African Development Bank (AfDB) Board of Directors on 17 December 2013 in Tunis approved supplementary African Development Fund (ADF) loan and grant financing totaling US$ 58.2 million for The Governance and Economic Competitiveness Support Programme (GECSP) in Tanzania.
27/11/2013 - The African Development Bank Group’s (AfDB) efforts to improve sustainable energy supply and access in Africa took a leap forward with the Board of Directors’ approval of the Regional Rusumo Falls Hydropower Project.