04-Dec-2009 - La BAD et le gouvernement mauritanien ont signé, le 1e décembre 2009, à Zouérate, en Mauritanie, un accord de prêt relatif au projet d’extension de la mine Guelb El Rhein (Guelb II). Le prêt a été signé, pour la partie BAD et, au nom du vice-président de la BAD B. Pittman, par M. Lobe Ndoumbe, directeur à la BAD, et, pour la partie mauritanienne, par M. Taleb Ould Abdivall, administrateur et directeur-général de la SNIM.
02-Dec-2009 - Leading international financial institutions committed to fight against climate change and call for comprehensive Copenhagen agreement
Tunis, 2 December 2009 – The heads of the world’s leading international financial institutions today called for a comprehensive agreement to combat climate change at this month’s Copenhagen Conference and agreed to further coordinate their own efforts to help achieve the meeting’s ambitious goals.
02-Dec-2009 - Tunis, le 2 décembre 2009 - Le vice-président du Groupe de la Banque africaine de développement (BAD) chargé des opérations sectorielles, M. Kamal El Kheshen, et l’ambassadeur du Mali en Tunisie, M.
30-Nov-2009 - Tunis, 25 November 2009- The Board of Directors of the African Development Bank (AfDB) approved an equity investment of USD 30 million to the African Infrastructure Investment Fund 2 which is the successor Fund of the African Infrastructure Investment Fund 1 and it will be a closed-end fund with a term of 13 years. The Fund will invest in infrastructure projects such as airport, road, power, telecommunications, rail, port, water and social infrastructure, primarily in Sub-Saharan Africa.
30-Nov-2009 - Tunis, 25 November 2009- The Board of Directors of the African Development Bank (AfDB) approved an equity investment of USD 30 million to the African Infrastructure Investment Fund 2 which is the successor Fund of the African Infrastructure Investment Fund 1 and it will be a closed-end fund with a term of 13 years. The Fund will invest in infrastructure projects such as airport, road, power, telecommunications, rail, port, water and social infrastructure, primarily in Sub-Saharan Africa.
30-Nov-2009 - Tunis, 25 November 2009 - The Board of Directors of the African Development Bank (AfDB) approved a Line of Credit of USD 30 million to the African Banking Corporation Holdings Ltd (ABCH) under AfDB’s Liquidity Facility window. The proposed Line of Credit will feature a 5 year tenor and a 2-year grace period and will benefit ABCH’s banking subsidiaries in Botswana, Mozambique, Tanzania and Zimbabwe and contribute towards financing the ABCH’s pipeline projects totaling USD 96 million.
26-Nov-2009 - Tunis, 26 November 2009 - The African Development Bank (AfDB) has approved €1.86 billion (UA 1.70 billion) loan for South Africa’s energy utility company, Eskom Holdings Limited, to finance a power project that will significantly boost the energy capacity of South Africa and the southern African region.
26-Nov-2009 - Tunis, 25 November 2009 – The African Development Bank (AfDB) Group has approved a second budget support loan of US$ 420 million and EUR 186 million to finance the Competitiveness and Public Sector Efficiency (CPSE) Programme in Mauritius. The programme will sustain economic growth and employment against the backdrop of the ongoing global recession, while not losing momentum on long-term reforms needed to make Mauritius more competitive.
25-Nov-2009 - Tunis, November 25, 2009 - The Board of Directors of the African Development Bank (AfDB) approved a senior loan of up to Euros 55 million to finance the Sendou Power Project in Senegal. The Bank is mandated to arrange a total senior debt of up to EUR 117 million. The senior debt will have maturities of up to fourteen years including a grace period of two years.
24-Nov-2009 - Tunis, 24 November 2009 – After decades of interruption, Somalia re-established its relationship with the African Development Bank (AfDB) on Monday, 23 November 2009 with the signing of a USD 2 million grant to provide financial and technical assistance to Public Financial Management. The support to the Transitional Federal Government of Somalia comes from the Fragile States Facility (FSF) administrated by the Bank’s Fragile States Unit.
19-Nov-2009 - Tunis, 17 November 2009 – The Board of Directors of the African Development Fund (ADF), the concessional window of the AfDB Group approved in Tunis on Tuesday, 17 November 2009, combined loans and grants worth USD 8.15 million to finance a multinational Railway Project Study in Tanzania, Rwanda and Burundi.
The second phase of the Dar es Salaam-Isaka-Kigali/Keza-Musongati Railway project study will cover the existing 970-km Dar es Salaam-Isaka railway link and its extensions.
11-Nov-2009 - Tunis, 17 November 2009 - The Board of Directors of the African Development Fund (ADF) approved on Tuesday, November 17, 2009 in Tunis, a UA 10.21 million (USD 16.23 million) loan to finance a Rural Income and Employment Enhancement Project (RIEEP) in Uganda.
The objective of the project is to help reduce rural poverty in Uganda by facilitating access to and utilization of affordable financial and business development services for an estimated 1.4 million rural poor in the country’s districts.
11-Nov-2009 - Cairo, 10 November 2009 – The African Development Bank signed today a loan agreement at the Ministry of International Cooperation, with Minister Fayza Aboul Naga, Minister of International Cooperation. The Regional Director, Mr. Jacob Kolster signed on behalf of the Bank, and the Bank’s Resident Representative in Egypt, Mr K. C. Khushiram, was also present.
10-Nov-2009 - Tunis, 3 November 2009 – The Board of Directors of the African Development Bank (AfDB) Group approved on Tuesday, 3 November 2009 in Tunis, a loan of USD 123 million (Units of Account 77.92 million) to finance the Small Towns and Rural Water Supply and Sanitation project in Kenya.
The project addresses the water supply and sanitation problems in a number of small towns and the provision of water storage in Yatta area.
04-Nov-2009 - Tunis, 3 November 2009 - The Board of Directors of the African Development Bank (AfDB) Group has approved, 3 November 2009 in Tunis, an African Development Fund (ADF) grant of UA 7 million and a Rural Water Supply and Sanitation Initiative (RWSSI) grant of UA 3 million to finance drinking water supply and sanitation in three divisional headquarters and surrounding rural areas in Central African Republic (CAR).
04-Nov-2009 - Tunis, 28 October 2009 – Executive directors of the African Development Bank (AfDB) Group approved near to USD 441 million in three loans for the implementation of projects in Botswana, Nigeria and Cape Verde, at their regular weekly session on Wednesday, 28 October 2009, in Tunis.
Botswana
30-Oct-2009 - Tunis, 29 October 2009 – The African Development Bank (AfDB) Group Board of Directors on Wednesday, 28 0ctober 2009 in Tunis, approved a loan of € 153 million to the Government of Botswana, to finance specific components of the Morupule B power station and associated transmission infrastructure.
The project involves the construction of a 600-MW (4 x 150 MW) coal fired power plant and associated transmission infrastructure. The Morupule B plant will be located adjacent to the existing Morupule A plant, and connected to the national grid by two...
29-Oct-2009 - Tunis, 22 October, 2009 —The African Development Bank (AfDB) and the Government of Japan have approved a grant of USD 989,000 to la Société Nationale Industrielle et Minière (SNIM) of Mauritania to be paid from the Fund for African Private Sector Assistance (FAPA). The Technical Assistance contribution from FAPA, which comprises over 50% of the overall TA package, will enhance SNIM’s institutional and operational capacities to implement the Environmental and Social Management Plan for the Guelbs II Expansion Project financed in part by the...
29-Oct-2009 - Tunis, 28 October 2009 – The Board of Directors of the African Development Bank (AfDB) Group has approved Cape Verde’s 2009-2012 Country Strategy Paper (CSP), and elevated the country to Middle Income Country (MIC) Status, which entitles it to access resources from the Bank Group’s non-concessional and concessional windows.
The 2009-2012 CSP is set within the dual framework of the country’s Economic Transformation Strategy (STE) – a long-term structural vision and its 2008-2011 Second Poverty Reduction Strategy Paper (PRSP-II).
29-Oct-2009 - Tunis, 29 October 2009 – The African Development Bank (AfDB) Group has approved a €40 million loan to Cape Verde to help the country respond to the impact of the global financial crisis while maintaining the momentum of its reform agenda. The loan will help to reinforce reforms, especially in the areas of public finance management and the business climate – the two components of the additional budget support to the Poverty Reduction Strategy Support Programme (PRSSP-II).
