Press Releases

Displaying 4121 - 4140 of 5338

Souk At-tanmia Celebrates Inclusive and Sustainable Employment with a New Generation of Talented Entrepreneurs in Tunisia

10-Jan-2013 - “Building a new post-revolutionary Tunisia based on the ideas of young people and the strengthening the spirit of entrepreneurship” is the theme of the announcement ceremony for the beneficiaries of Souk At-tanmia, a recent pilot initiative and partnership in favour of entrepreneurship, economic development and social cohesion and job creation in Tunisia. The ceremony was held today in the auditorium of the Cité des Sciences in Tunis, an iconic symbol that is synonymous with innovation and youth.

AfDB Report Recommends Generic Roadmap for Fiscal Convergence in COMESA Region

09-Jan-2013 - A new report by the African Development Bank makes concrete proposals for the establishment of a monetary union in the Common Market for Eastern and Southern Africa region (COMESA). In order to achieve greater macroeconomic convergence in the region, the “Facilitating Multilateral Fiscal Surveillance in the Monetary Union Context with Focus on the COMESA Region” study envisages a boost to fiscal surveillance at both regional and national levels.

AfDB and Zambian Government Sign US $55-Million Loan Agreement for Itezhi-Tezhi Hydropower Project

28-Dec-2012 - The African Development Bank and the Government of the Republic of Zambia signed, on December 19, a loan agreement for US $55 million to support the Itezhi-Tezhi Hydro Power and Transmission Line Project through the construction and operation of a 120 megawatt hydropower plant at Itezhi-Tezhi dam along the Kafue River. This loan was approved by the Bank’s Board of Executive Directors on June 13, 2012.

La BAD confirme sa position de premier bailleur de fonds au Maroc - Cérémonie de signature de trois accords BAD - Maroc portant sur 533 millions d’euros

21-Dec-2012 - La Banque africaine de développement (BAD) et le Maroc ont signé, le 19 décembre à Rabat, trois accords de prêt et de garantie ainsi qu’un accord de don pour un montant global de près de 7 milliards de dirhams, soit l’équivalent de 533 millions d’euros. Les cosignataires étaient la représentante résidente de la Banque, Mme Amani Abou-Zeid et le Ministre de l’Economie et des Finances du Maroc, M. Nizar Baraka. La cérémonie s’est déroulée en présence du Directeur général de l’Office national de l’électricité et de l’eau potable (ONEE), M. Ali...

AfDB Promotes Greater Access to Water and Sanitation Services in Zanzibar, Tanzania

20-Dec-2012 - The African Development Bank (AfDB) has approved on December 19th 2012, a USD 21 million package to finance the implementation of the Zanzibar Urban Water and Sanitation Project in the United Republic of Tanzania. The Government will contribute 10% of the project costs. The project will be implemented from 2013 in the Unguja municipality which is Zanzibar’s administrative center and the hub of its economic, cultural and tourist activities. It is scheduled to be completed after four years.

The AfDB Approves a USD 3 million Loan for Comoros To Support the Energy Sector and Financial Governance

20-Dec-2012 - The Board of Directors of the African Development Bank (AfDB) granted, on December 19th 2012, a loan in the amount of USD 3 million to Comoros to support the energy sector reforms, particularly, the electricity sub-sector and financial governance.   The programme will help to create the conditions for an inclusive and sustainable growth through the development of the energy sector, whose shortcomings are part of the major constraints to the diversification of the country’s economy, and thereby make way for a gradual change from a fragile...

AfDB - Economic Community of Central African States Strengthening of Institutional Capacities

20-Dec-2012 - The Board of Directors of the African Development Bank Group approved an ADF project in the amount of USD 10,744 million for the support project to the institutional capacity building of the Economic Community of Central African States (ECCAS).   The project’s object is to promote regional integration in Africa through institutional, human and operational capacity building, the implementation of region-wide programmes and harmonization of sectoral policies.  

African Development Bank Supporting Rural Enterprises in Ghana

20-Dec-2012 - The Board of Directors of the African Development Bank approved two AFD financial support loans and grants amounting USD 76,5 million  to the Ghana – Rural Enterprises Programme III (REPIII). The ADF loan and grant of USD 41.10 Million and 35.42 Million respectively, will enable Ghana Government to scale up the impact and outcome of  the earlier phases of the programme (REP I and II). They represent a response to Ghana’s Shared Growth and Development Agenda (GSGDA) with focus on  inclusive growth, youth employment, and women’s economic...

AfDB Approves USD 50 million Senior Loan for the Expansion of Azito Power Plant in Côte d'Ivoire

20-Dec-2012 - The Board of Directors of the African Development Bank (AfDB) has approved a senior loan of USD 50 million for the expansion of the Azito power plant in Côte d'Ivoire. This facility aims to finance the third phase of the project which consists of converting the existing 288 MW simple-cycle power plant to a combined-cycle power plant, thereby increasing the total generation capacity to 430 MW.

Green and Inclusive Project to Benefit the Horn of Africa

19-Dec-2012 - The Board of Directors of the African Development Group has approved US $125 million in funding for the first phase of a drought resilience project and provision of long-lasting means of subsistence to populations in the Horn of Africa.    Three countries, Djibouti, Ethiopia and Kenya, as well as the Secretariat of the Intergovernmental Authority on Development are involved in the first phase of this regional project funded by way of loans and grants provided by the African Development Fund (ADF) beginning in 2013.   

La BAD et la Centrafrique signent un accord de don de 23 milliards de FCFA pour financer un projet d'interconnexion des réseaux électriques avec la RDC

18-Dec-2012 - Le Directeur du Nepad, de l’Intégration régionale et du Commerce à la Banque africaine de développement (BAD), Alex Rugamba et le Ministre d’Etat centrafricain au Plan et à l’Economie, Abdou Karim Mékassoua, ont signé, le 17 décembre à Tunis, un protocole d’accord relatif à la première phase du projet d’interconnexion des réseaux électriques de la République centrafricaine et de la République démocratique du Congo à partir du système hydroélectrique de Boali.  

AfDB Extends the Equivalent of USD 300 Million to FirstRand Bank Limited to Support Projects across Africa

12-Dec-2012 - The Board of Directors of the African Development Bank (AfDB) has approved a seven-year multi-currency line of credit for an amount equivalent to USD 300 million to FirstRand Bank Limited (FRB) of South Africa to finance a wide range of projects in local currencies and across Africa.

Common Position on Africa’s Post-2015 Development Agenda Set to Take Shape in Senegal

11-Dec-2012 - Representatives from governments, parliaments, CSOs, private sector; youth, and NGOs from the Central, West and North Africa are gathering on December 10-11, 2012 in Dakar, Senegal, to discuss top priorities to be included in the global development agenda beyond 2015, which will be debated at the UN General Assembly in September 2013.

3rd Call for Proposal of the AfDB Migration and Development Fund

10-Dec-2012 - The African Development Bank Group (AfDB) is pleased to announce the 3rd call for proposals of the Migration and Development Fund (MDF). Award amounts will range from 350,000 EUR to 500,000 EUR per project.   We invite not-for-profit organizations, such as migrant associations and NGOs working on migration and development related activities, as well as for profit entities such as financial institutions, money transfer operators, business development companies, etc. from West Africa to apply.

La BAD organise un atelier de restitution de l’étude sur la mobilisation des ressources publiques intérieures et système fiscal en Centrafrique

10-Dec-2012 - Le bureau de la Banque africaine de développement en Centrafrique a organisé, le 4 décembre 2012, un atelier de restitution de l’Etude sur la Mobilisation des Ressources Publiques intérieures et système fiscal en présence de toutes les structures gouvernementales (administration publique et régies financières) et de partenaires Techniques et Financiers.

La BAD accorde 12 milliards de FCFA à la Centrafrique sous forme de prêt et de dons pour financer un programme d’eau et d’assainissement à Bangui et dans quatre préfectures

10-Dec-2012 - Le Ministre d’Etat au Plan et à l’Economie, Abdou Karim Meckassoua et le Représentant Résident de la BAD en Centrafrique, Modibo Sangare,  ont signé un accord de prêt et deux protocoles de don du premier sous-programme en eau potable et assainissement d’une valeur de 12 milliards de FCFA, en présence du Ministre de l’Hydraulique et de l’Énergie, Léopold Mboli-Fatran, représentant le secteur bénéficiaire.

African Water Facility Grant Helps Kenyan Pastoralists Build Resilience to Climate Change in Drought Prone Areas

10-Dec-2012 - An estimated 150,000 people from pastoral communities, including students and teachers from six schools based in Kenya’s Baringo, Kiambu West and Laikipia districts, are to benefit from a €690,000 grant from the African Water Facility (AWF) signed by the African Development Bank (AfDB) on Friday, December 7, after being approved on July 6, 2012.

Dialogue sur le Document de Stratégie Pays 2012-2017 de la BAD en Centrafrique

10-Dec-2012 - Le bureau national de la BAD en Centrafrique a organisé, le 05 décembre 2012, en partenariat avec le département de la région centrale (ORCE)de la Banque et le Gouvernement, une session de dialogue autour du Document de Stratégie Pays 2013-2107 (DSP-2013-2017), élaboré courant Juillet 2012. Les participants ont apprécié la qualité du document et ont confirmé les deux piliers, à savoir le renforcement des capacités de gouvernance, et le désenclavement par le développement des infrastructures.

AfDB and Kenya Sign Multi-Million Dollar Loan Agreement to Finance Hydroelectric Power Project and Enhance Higher Education

06-Dec-2012 - The African Development Bank (AfDB) on Thursday signed two loan agreements with the Government of Kenya amounting to millions of dollars to finance a major regional hydroelectric power project and the enhancement of the country’s higher education system.

AfDB Approves US $24.7 Million Project to Support Capacity Building in Economic and Public Finance Management in Zimbabwe

06-Dec-2012 - The Board of Directors of the African Development Bank, on December 5, 2012, approved a US $ 24.7 million (UA 16.12 million) grant to finance the Zimbabwe Capacity Building for Public Finance and Economic Management Project.