15-Feb-2017 - The Government of Sierra Leone, with financial support from the African Development Bank (AfDB) and UK Aid, also known as Department for International Development (DfID), launched on Monday, February 13, 2017 the rehabilitation and extension of the Bo-Kenema Electricity Distribution System in Sierra Leone.
14-Feb-2017 - The African Water Facility (AWF) and NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) signed on January 31, 2017 in Pretoria, South Africa, a letter of agreement with the Orange Senqu River Basin Commission (ORASECOM) to launch the Climate Resilient Water Resources Investment Strategy and Multipurpose Project Preparation for the Orange-Senqu River Basin, shared by Botswana, Lesotho, Namibia and South Africa.
11-Feb-2017 - Le Conseil d’administration du Groupe de la Banque africaine de développement (BAD) a approuvé, le 24 novembre 2017 à Abidjan, en Côte d’Ivoire, l’octroi d’un appui budgétaire de 64 millions de dollars américains – environ 36,4 milliards de francs CFA –, en faveur de la République du Tchad.
Accordée sous forme de don, cette aide, qui relève de la Facilité d’appui à la transition (FAT), est destinée à financer le Programme d’urgence d’appui à la consolidation budgétaire.
08-Feb-2017 - The Board of Directors of the African Development Bank Group (AfDB) has approved a private sector multi-currency line of credit of US$ 100 million and 1.3 billion South African Rands to Industrial Development Corporation Plc (IDC) of South Africa. The operation will support industrialization projects in both South Africa and other Regional Member Countries (RMCs).
08-Feb-2017 - Le Groupe de la Banque africaine de développement (BAD) a lancé à Sao Felipe au Cabo Verde, le projet d’Aide humanitaire d’urgence pour la restauration des moyens d’existence et l’accroissement de la résilience des ménages affectés par l’éruption volcanique de l’île de Fogo.
08-Feb-2017 - Le Fonds africain de développement (FAD), le guichet concessionnel du Groupe de la Banque africaine de développement (BAD), a donné son feu vert pour un prêt de 2,04 millions de dollars EU à la République de Sao Tomé-et-Principe, destiné à financer un projet de renforcement de l'infrastructure du système de paiement et de l'inclusion financière dans le pays.
08-Feb-2017 - The Central African Ministerial Conference on Youth Employment held Tuesday, February 7 in Yaoundé, Cameroon, was a resounding success, with over 200 participants attending the high-level event. The conference opened with the testimony of young entrepreneur Fabrice Olomo, who engaged the audience on issues faced by youth when starting their businesses, and demonstrated how bright the future can be when young Africans are empowered.
04-Feb-2017 - Le Conseil d’administration du Groupe de la Banque africaine de développement (BAD), a accordé un appui budgétaire (PASEBE) d’un montant de 19,92 millions d’unités de compte (environ 16 milliards de francs CFA) au Bénin, pour booster le secteur de l’énergie du pays.
02-Feb-2017 - In a major speech delivered before the diplomatic community in Abidjan, African Development Bank Group President Akinwumi Adesina stressed that the Bank is stronger than ever before. The lending and disbursements are at record levels, while the institution has made significant efficiency gains.
02-Feb-2017 - African Development Bank Group Director General, East African Region, Gabriel Negatu handed over the keys to the new Bank-funded Customs Building to the Government of South Sudan on January 26, 2017. The Minister of Finance Stephen Dhieu Dau received the keys to the building on behalf of the Government. The new office building was built by the Chinese New Era Company through a grant from African Development Bank under the Public Financial Management and Aid Coordination (PFAID) project.
02-Feb-2017 - The African Development Bank (AfDB) and the Alliance for Financial Inclusion (AFI) signed a Memorandum of Understanding (MoU) to enhance access to quality financial services on the continent on Tuesday, January 31, 2017, in Abidjan, Côte d’Ivoire. The agreement aims to create a collaboration framework to promote financial inclusion in Africa.
01-Feb-2017 - Le mercredi 1er février 2017, le Groupe de la Banque africaine de Développement (BAD) a accordé un don de 18,63 millions de dollars EU, dont 5,51 millions de dollars EU sur les ressources du Fonds d’Appui aux pays en Transition (FAT) et de 13,12 millions de dollars EU sur les Fonds FAD, à la République du Burundi, destinés à financer le pavement de la RN18, un important axe routier reliant la capitale, Bujumbura, aux régions Centres et Est du pays.
01-Feb-2017 - The African Water Facility (AWF) provided a grant of close to €2 million to the Government of the Republic of Rwanda to support the development of a 25-year national water supply and sanitation masterplans that will guide the achievement of national universal access for water supply and sanitation through the identification of effective water supply and sanitation projects. The grant will also go towards building various water stakeholders’ capacities to plan, design, finance, implement and manage water and sanitation projects and...
01-Feb-2017 - The Board of Directors of the African Development Fund (ADF), the concessional arm of the African Development Bank Group (AfDB), has approved two transport sector investment risk participations amounting to US $69.6 million under its Private Sector Credit Enhancement Facility (PSF).
These two transactions are risk participations in Private Sector projects of the Bank Group and cover investment projects in Ghana, Malawi and Mozambique. The two projects will contribute significantly to regional integration and trade.
30-Jan-2017 - The African Development Bank President, Akinwumi Adesina, attended the official opening ceremony of the 28th Ordinary Session of the Assembly of the African Union, which kicked off Monday in Addis Ababa.
The meeting featured the announcement of the election of President Alpha Condé of Guinea as the new Chairperson of the African Union (AU) and the launch of the theme "Harnessing the Demographic Dividend through Investments in the Youth". Condé succeeds President Idriss Deby of Chad in the role.
27-Jan-2017 - The African Development Bank has approved a loan and a grant amounting to US $7.14 million to finance the fourth Drought Resilience and Sustainable Livelihoods Program in Eritrea.
This Program is an expansion of the ongoing Eritrea Component of the Multinational Drought Resilience and Sustainable Livelihoods Program in the Horn of Africa Project II (DRSLP-II) approved by the Bank Group in November 2014.
26-Jan-2017 - The African Development Bank Group will help the Union of Comoros Government to diversify its economy with a US $20.4-million road network rehabilitation project grant approved by the Board of Directors on Monday, January 23, 2017. The project will be implemented in four years to 2020 in the islands of Grande Comore and Anjouan, which account for 94% of the country’s total population of almost 756,000 inhabitants (2014).
25-Jan-2017 - La Banque africaine de développement (BAD) appuiera le Projet de Pôle agro-Industriel dans la région du Bélier en Côte d’Ivoire avec deux prêts et un don d’un montant total de 67 milliards FCFA approuvés par son Conseil d’administration le 25 janvier 2017 à Abidjan.
25-Jan-2017 - The Board of Directors of the African Development Bank has approved a US $90-million financial package comprising a US $50-million Line of Credit and US $40-million Trade Finance Line of Credit to Commercial Bank of Africa Limited (CBA), Kenya.
24-Jan-2017 - Guinea-Bissau’s proposed Rice Value Chain Development Project to be implemented in the Bafata and Oio regions of the country has received the African Development Bank Group’s support with a loan and a grant amounting to US $5.67 million approved by its Board on January 23, 2017 in Abidjan. The funding will be sourced from the African Development Fund (ADF), the concessional arm of the Group.