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African Water Facility Supports the Development of Irrigated Agriculture to Increase Food Security and Economic Growth in Malawi
08-Jan-2014 - The African Water Facility (AWF) has offered a €1.8 million grant to the Government of Malawi to help prepare a project designed to expand irrigated agriculture in the Lower Shire Valley. The project will help overcome the adverse effect of prolonged dry spells and frequent flooding to improve and spread agricultural production.SEFA grant provides key support for Morocco wind project
08-Jan-2014 - A US $960,000 Sustainable Energy Fund for Africa (SEFA) grant for the Jbel-Sendoug (Khalladi) Wind Project in Northern Morocco was approved at the end of December 2013 to support outstanding preparation activities to bring the project to bankability.SEFA to support innovative energy efficiency project in Mauritius
08-Jan-2014 - The Sustainable Energy Fund for Africa (SEFA) has approved a US $1-million project preparation grant at the end of December 2013 to support Sotravic Ltd. in the development and installation of the Sea Water Air Conditioning (SWAC) System in Mauritius, an innovative low-carbon technology that lowers building cooling costs using cold ocean water.AfDB approves a Results Measurement Framework to better achieve its development goals
08-Jan-2014 - The African Development Bank (AfDB) Board of Directors, on Wednesday, January 8 in Tunis, approved the Institution’s Results Measurement Framework (RMF) for the period 2013-2016. The RMF is a corporate management tool that will help the institution meet its development goals.AfDB Approves US$ 25 Million Pan-African Infrastructure Development Fund 2
25-Dec-2013 - The Board of Directors of the African Development Bank (AfDB) approved on Tuesday 17 December an equity participation of up to USD 25 million in the Pan African Infrastructure Development Fund 2 (PAIDF 2). PAIDF2 is a Private Equity Fund that will invest in projects across the power, transport, water and sanitation, Information and Communication Technologies (ICT) and healthcare infrastructure sectors throughout the continent.Burkina Faso admitted into forest carbon partnership facility
20-Dec-2013 - Burkina Faso, benefitting from the close support of the African Development Bank (AfDB) and the World Bank, has successfully become a member of the Forest Carbon Partnership Facility (FCPF). This now qualifies Burkina Faso as a REDD+* country and, with the award of a US $3.8-million grant, allows the country to put in place the necessary policies and systems needed to effectively operationalize the REDD+ mechanism.AfDB Approves USD 34.8 Million for Public Financial and Macroeconomic Management Project in Sudan
20-Dec-2013 - The AfDB Board of Directors, on 17 December 2013 in Tunis, approved US$ 34.8 million grant resources from its Fragile State Facility (FSF) to finance the Public Financial and Macroeconomic Management Capacity Project (PFMMCBP) in Sudan.5 million people targeted by ZimFund-financed energy project in Zimbabwe
20-Dec-2013 - The Board of the African Development Bank (AfDB) approved on Friday, December 20 the Emergency Power Infrastructure Rehabilitation Project Phase II (EPIRP II) in Zimbabwe.AfDB technical assistance aims to optimize development of Mozambique’s energy resources
20-Dec-2013 - The Board of the African Development Bank Group (AfDB) approved a US $15.3 million African Development Fund loan for technical assistance to the Government of the Republic of Mozambique.AfDB Approves USD 58.2 Million to Support Governance and Economic Competitiveness Programme in Tanzania
20-Dec-2013 - The African Development Bank (AfDB) Board of Directors on 17 December 2013 in Tunis approved supplementary African Development Fund (ADF) loan and grant financing totaling US$ 58.2 million for The Governance and Economic Competitiveness Support Programme (GECSP)AfDB supports Somalia in its economic and governance reforms with a grant of US$ 3.8 million
20-Dec-2013 - The African Development Bank (AfDB) Board of Directors on 18 December 2013 in Tunis approved the Addendum to the Somalia Country Brief 2013-2015, granting Somalia exceptional eligibility to access Fragile States Facility (FSF) Supplemental Support (Pillar 1) and 50 percent of its African Development Fund (ADF) -12 Performance-B
AfDB signs US $2 million grant for an Industrial Waste Management and SME Entrepreneurship hub in Egypt
19-Dec-2013 - The African Development Bank Group (AfDB) and the Egyptian Ministry of International Cooperation on Thursday, December 19 in Cairo, Egypt, signed off on a grant for US $2 million to finance the Green Growth Industrial Waste Management and SME Entrepreneurship initiative. The grant comes from the Middle East and North Africa Transition Fund, under the umbrella of support provided by the Deauville Partnership to Egypt.Gabon-Congo : la BAD approuve un prêt de 152,3 millions de dollars pour le projet routier Ndende-Dolisie
19-Dec-2013 - Le Conseil d’administration de la Banque africaine de développement (BAD) a approuvé le 18 décembre 2013 à Tunis (Tunisie) un prêt de 152, 3 millions de dollars EU (100, 5 millions d’UC) en faveur du Gabon et la République de Congo. L’appui comprend 106,1 millions de dollars (70,0 millions d’UC) du guichet BAD en faveur du Gabon et 46,2 millions de dollars (30,49 millions d’UC) du Fonds africain de développement (FAD) en faveur du Congo.AfDB and Rwanda sign financing agreements to support skills development in the energy sector and local government revenue mobilization
18-Dec-2013 - The African Development Bank (AfDB) and Government of Rwanda signed on Monday, December 16, 2013, in Kigali, two financing agreements to support skills development in the energy sector and local government revenue mobilization.
AfDB approves €115 million for inclusive and universal health coverage in Morocco
18-Dec-2013 - The Board of Executive Directors of the African Development Bank (AfDB) has approved a loan of 115 million euros to finance the third phase of the PARCOUM Program to support key institutional reforms of medical coverage in Morocco. The program will be implemented in 2014.ADF partial risk guarantee program to stimulate private investment in the Nigerian power sector
18-Dec-2013 - The Board of Directors of the African Development Bank Group (AfDB) approved an African Development Fund (ADF) Partial Risk Guarantee (PRG) program of US $184.2 million*, and an ADF loan of US $3.1 million, for capacity building, to support the Nigerian power sector privatization program.ADF US $26 million grant to expand electricity distribution networks in South Sudan
18-Dec-2013 - The Board of Directors of the African Development Bank Group (AfDB) approved an African Development Fund (ADF) Grant of US $26 million , to rehabilitate and expand the distribution networks in Juba, South Sudan, where only 1% of the population has access to grid electricity located chiefJapan Supports AfDB in entrepreneurship, job creation and economic growth with a loan of US$ 100 million
17-Dec-2013 - The African Development Bank (AfDB) and the government of Japan signed on 16 December, 2013 a bilateral Exchange of Notes for a loan to the AfDB of 9.48 billion Japanese yen (about US$ 100 million).