Press Releases
Displaying 3701 - 3720 of 5337
AfDB finances construction of two hydropower plants in Burundi
23-Jun-2014 - The Board of Directors of the African Development Bank Group (AfDB) approved on 23 June 2014 in Tunis a US$22 million grant from its Fragile States Facility for the Jiji and Mulembwe Hydroelectric Plant Project in Burundi. Representing the largest investment in Burundi in the post-war period, the project is also one of the largest investments made in the country’s energy infrastructure since the 1980s.AfDB supports economic and financial reforms in Guinea with over 19 million dollars
23-Jun-2014 - On 23 June 2014, The Board of Directors of the African Development Bank (AfDB) approved funding of 12 million Units of Account (approximately 19 million dollars) for the Republic of Guinea.
Tunisia appreciative of AfDB for its crucial role in the transformation of its economy
21-Jun-2014 - At a ceremony held on 20 June 2014 in Tunis, the Tunisian Government expressed its appreciation of the African Development Bank (AfDB) for its crucial role in the transformation of the country's economy. The ceremony, organised by the Ministry of International Cooperation, was intended as an expression of the gratitude of the Tunisian Government and people to Africa's leading development institution.Swaziland - La BAD finance un projet inclusif de services d’eau et d’assainissement pour un montant de 23 millions de dollars
20-Jun-2014 - Le Conseil d’administration de la Banque africaine de développement (BAD) a approuvé le mercredi 18 juin 2014 à Tunis, un projet de fourniture de services durables d’eau et d’assainissement de la municipalité d’Ezulwini au Swaziland dont l’objectif est de promouvoir la croissance inclusive, en prenant en comAfDB, ECOWAS and West African Parliamentarians Urge for Getting “Value for Money” in Social Services
20-Jun-2014 - Parliamentarians from the fifteen members of the Economic Community of West African States (ECOWAS) gathered in Lagos on 19 June for a two-day Capacity-building event to engage with experts, attend workshops and discuss together, how to achieve Value for money (VfM), accountability and sustainability in theInsurance and reinsurance in Africa: the AfDB supports ZEP-RE's business expansion plans
19-Jun-2014 - At its meeting in Tunis on 18 June 2014, the Board of Directors of the African Development Bank Group (AfDB) approved a request for an additional USD 4 million equity investment in ZEP-RE (PTA Reinsurance Company). The request was submitted to the AfDB as part of the final phase of ZEP-RE's capital base increase programme. The company intends to use this additional funding to support the next phase of its ambitious strategic business plan.Capacity building for ECOWAS Parliamentarians on Accountability in Social Sectors
19-Jun-2014 - On average 40-60% of public expenditure goes to social spending in Africa, which calls for improved governance, and voice and accountability in social spending. In order to foster and sustain progress in human development, African countries need to focus on results for the money that they spend on social services. Parliamentarians play a pivotal role in resource allocation, ensuring delivery on results and enhancing accountability in social sectors.
AfDB Approves a New Strategy to Address Fragility and Build Resilience in Africa
19-Jun-2014 - The Board of Executive Directors of the African Development Bank Group (AfDB) approved on June 18, 2014 in Tunis the AfDB’s new Strategy for “Addressing Fragility and Building Resilience in Africa (2014-2019)”. The Strategy aims to place the institution at the center of Africa’s efforts to address fragility and pave the way for a more resilient and inclusive development trajectory.Tchad : La BAD approuve le financement de l’axe Kyabe-Kingako pour désenclaver la région
19-Jun-2014 - Le Conseil d’administration de la Banque africaine de développement (BAD) a approuvé le 13 juin 2014 à Tunis, un projet de bitumage de l’axe Kyabe-Kingako au Tchad. Le montant du financement de cette importante infrastructure est de 80 millions 300 mille unité de compte (UC), soit environ 123 millions 700 mille dollars.Tanzania’s untapped renewable energy resources ripe for investment, states report
18-Jun-2014 - The African Development Bank, in partnership with the Climate Investment Funds (CIF) and the Government of Tanzania, on Thursday, June 18 launched the Renewable Energy in Africa: TanAfDB Approves USD 300 million Loan to Boost Fuel Supply and Fertilizer Production in Nigeria
17-Jun-2014 - The Board of Directors of the African Development Bank (AfDB) approved on 13 June 2014 a loan of USD 300 million to Dangote Industries Limited for the construction and operation of a greenfield crude oil refinery and a greenfield fertilizer manufacturing plant.African Development Fund approves US $46.2 million for post-conflict reintegration and support programme
16-Jun-2014 - The African Development Bank’s (AfDB) Board of Executive Directors approved on Friday, June 13, 2014 in Tunis an African Development Fund (ADF) grant of US $46.2 million to support the social and economic reintegration of ex-combatants, the resolution of rural land conflicts and assistance to victims of the recent crisis in Côte d’Ivoire.ICA Secretariat to host meeting to establish Project Preparation Facilities Network
12-Jun-2014 - The Infrastructure Consortium for Africa Secretariat, which is hosted by the African Development Bank, will hold an inaugural meeting on June 17 and 18 in Tunis to establish a Project Preparation Facilities Network (PPFN).Tunisie : Don de 3 millions $ de la BAD pour améliorer les recettes fiscales
06-Jun-2014 - La Banque africaine de développement (BAD) et la Tunisie ont signé un accord, ce 5 juin 2014, pour un don de la BAD de 3 millions de dollars EU environ (près de 5 millions de dinars tunisiens).
Madagascar President launches national dialogue on green growth
05-Jun-2014 - In line with state policy and with support from the African Development Bank (AfDB), the Government of Madagascar launched a countrywide dialogue on green growth on June 3. This dialogue will involve taking stock of challenges and opportunities presented by green growth in Madagascar.UN Secretary-General to host first Sustainable Energy for All Forum
04-Jun-2014 - Over one thousand leaders, experts and energy practitioners are confirmed to participate, from government, business, international organizations and civil society groups for the first annual Sustainable Energy for All Forum, to be held at United Nations Headquarters in New York from June 4-6.AfDB approves $109 million road project for Uganda with strong focus on female population
02-Jun-2014 - The Board of Directors of the African Development Bank Group (AfDB) has approved a Unit of Account (UA) 70 million (about $109 million) loan to the Government of Uganda to finance the Road Sector Support Project Vto support the realization of the National Development Plan (NDP) and Vision 2040 of Uganda.AfDB approves loan to improve quality of Manzini-Mbadlane highway
30-May-2014 - The Board of Executive Directors of the African Development Bank Group (AfDB) has approved a project for Swaziland for the amount of UA 30 million (approximately 47 million dollars) to improve the standard and quality of the road linking Manzini to Mbadlane in the area of Manzini in Swaziland. The city of Manzini provides employment to more than 250,000 Swazis who will directly benefit from the project in terms of economic activities and travel cost and time.AfDB provides US $35.5 million to Malawi to expand access to water supply and sanitation
30-May-2014 - The Board of Directors of the African Development Group approved on Wednesday, April 30, 2014 an African Development Fund (ADF) loan of US $23.0 million, a loan of US $7.7 million from the Nigerian Trust Fund (NTF), and a grant of US $4.8 million from the Rural Water