22-Jul-2009 - Tunis – 22 July 2009- The Board of Directors of the African Development Bank (AfDB) Group approved on Wednesday in Tunis, a senior loan of US$ 50 million to Zenith Bank Plc of Nigeria. This loan is aimed at revamping Zenith’s liquidity to cushion the effects of the financial crisis and lessen potential funding disruptions to vital ongoing projects in the infrastructure and industrial sectors.
22-Jul-2009 - Tunis – 22 July 2009- The Board of Directors of the African Development Bank (AfDB) Group approved on Wednesday in Tunis, loans under the Bank’s Emergency Liquidity Facility (ELF) and Trade Finance Initiative (TFI) for a total amount of US$ 150 million to United Bank of Africa Plc (UBA) Nigeria.
22-Jul-2009 - Tunis, Tunisia, 22 July 2009 – In line with efforts to help states tackle poverty and build capacity, the African development Bank (AfDB) Group has approved a grant of US$12.41 million (8 million Units of Account) from the Fragile States Facility (FSF) to finance a Project for Community Development and Support Tto Vulnerable Groups (PDCAGV) in Central African Republic.
22-Jul-2009 - Tunis, Tunisia, 20 July 2009 – Gabon’s efforts to enhance technical skills in potential growth sectors received the support of the African Development Bank (AfDB) Group on Wednesday in Tunis, where the institution’s Board of Directors approved a loan of CFAF 71.5 billion, equivalent to 99.30 million Units of Account (US$154 million) to finance a Public Services Higher Education and Vocational Training Support Project.
22-Jul-2009 - Tunis, 22 July 2009 – The Board of Directors of the African Development Bank (AfDB) Group approved on Monday in Tunis, a Joint Country Partnership Strategy Paper (CPSP), prepared by the AfDB and the World Bank Group for the Central African Republic. The document sets out the common strategy, as well as the proposed financing operations program and analytical work of the two institutions for the CAR for 2009-2012.
20-Jul-2009 - Tunis, 20 July 2009 – The Board of Directors of the African Development Bank (AfDB) Group on Monday, 20 July 2009 in Tunis approved a € 15 million loan to finance an Economic Governance Reforms Program (EGRP) in the Seychelles.
20-Jul-2009 - Tunis, 20 July 2009 – During the first half of 2009, the African Development Bank (AfDB) Group recorded positive results with actual delivery far exceeding the performances recorded during the same period last year, according to the Bank Group’s “2009 Mid Year Budget and Performance Report” presented to the Board of Directors on Monday.
16-Jul-2009 - Tunis, 15 July 2009 – The African Development Bank (AfDB) Group will support Comoros’ efforts to build strong and efficient public institutions with a grant of US$ 8.2 million (5.26 million Units of Account*) approved on Wednesday, 15 July 2009, in Tunis.
16-Jul-2009 - Tunis, 15 July 2009 – The Board of Directors of the African Development Fund (ADF), the concessionary arm of the African Development Bank (AfDB) Group, on Wednesday in Tunis, approved a US$ 20.6 million loan, equivalent to 13.3 million Units of Account*, to finance the rehabilitation of the Massingir Dam in Mozambique.
16-Jul-2009 - Tunis, 15 July 2009 – Guinea Bissau will get a US$ 12.10 million grant, equivalent to the Bank’s 7.8 million Units of Account*, to finance the country’s Administrative Capacity Building Support Project, approved by the Board on Wednesday in Tunis.
The project is designed to improve the supply, conditions and quality of vocational training in administration; help to build capacity in the economic, financial and administrative arms of the government as well as ensure the computerization of the public procurement management system.
16-Jul-2009 - Tunis, 15 July 2009 – Senegal will receive a loan of CFAF 32.4 billion, equivalent to US$ 69.85 million (UA 45 million), to finance the Dakar-Diamniadio highway construction project, approved by the Board of the African Development Fund (ADF), the concessionary window of the African Development Bank (AfDB) Group, on Wednesday in Tunis.
02-Jul-2009 - Tunis, 1 July 2009 – In line with its commitment to support integrated infrastructure development in the Regional Member Countries, the African Development Bank (AfDB) Group has approved a US$ 326 million (210 million UA) loan to finance the second phase of the Mombasa-Nairobi-Addis Ababa Road Corridor Project.
02-Jul-2009 - Tunis, 1 July 2009 – Rwanda will receive US$ 24.76 million (UA* 16 million) in the form of grants to finance the second phase of the country’s second 2009-2012 Rural Drinking Water Supply and Sanitation Sub-Programme (PNEAR).
The funding, comprising a UA 10 million African Development Fund (ADF) grant and a UA 6 million grant from the Rural Water Supply and Sanitation Initiative (RWSSI) Trust Fund, was approved by the ADF Executive Board on Wednesday in Tunis.
01-Jul-2009 - « Ce projet arrive à point nommé pour répondre à la crise globale. Nous devons agir vite » a dit le Président Kaberuka, suite à l’approbation par le Conseil d’administration d’un montant de 500 millions de dollars pour financer la deuxième phase du Programme global de liquidité pour le commerce extérieur (GTLP).
01-Jul-2009 - AfDB and the Global Trade Liquidity Program (GTLP)
Responding to the Global Financial Crisis, African Development Bank (AfDB) invests up to USD 500 million in the Global Trade Liquidity Program. The AfDB Private Sector Department Director and his colleagues explain. Video
01-Jul-2009 - La Banque africaine de développement (BAD) en prenant une initiative de financement du commerce, en mars 2009, avait bien pris la mesure des défis croissants au commerce africain. La crise financière mondiale a en effet entraîné une baisse prononcée du volume du commerce mondial. Ainsi pour 2009, selon l’OCDE, ce même commerce mondial va chuter de 13%.
24-Jun-2009 - Tunis, 24 June 2009 – As part of the strategy to boost infrastructure development and regional economic integration in Africa, the Board of Directors of the African Development Bank (AfDB) Group on Wednesday in Tunis, approved two loans amounting to US$ 181 million, (117.04 million Units of Account UA*) to Mozambique and Malawi to finance the construction of the first phase of the Nacala Road Corridor, which links the two countries and Zambia.
24-Jun-2009 - Tunis, 24 June 2009 – The African Development Fund (ADF) the concessionary window of the African Development Bank (AfDB) Group, on Wednesday in Tunis, approved a grant of 15.5 million (10 million Units of Account (UA*) to finance a Job Creation Programme Support Project in Burundi.
19-Jun-2009 - The Bank Group and Chad on 17 June, 2009, in N’djamena signed an African Development Fund (ADF) grant agreement of Uunits of Accounts (UA) 31.61 million to finance the Koumra-Sarh road maintenance project. The AfDB Resident Representative in Chad, Pascal Bitoumbou, signed for the Bank, while the country’s Economy and Plan Minister, Ousman Matar Breme, signed for his country. The grant agreement was witnessed by several ministers, senior officials of technical ministries and staff of the Chad field office.
19-Jun-2009 - The African Development Bank (AfDB) Madagascar field office and the Malagasy government on Tuesday, 16 June, 2009 in Antananarivo, signed a grant agreement of US$ 1 million as emergency humanitarian aid for victims of the floods caused by cyclone Fanele. The humanitarian assistance operation comes as a supplement to the Bas Mangoky Rice Perimetre Rehabilitation project (PRBM) financed by the Bank Group. The specific objective of the emergency humanitarian aid is to repair the perimeter’s protection dyke damaged by the Mangoky river floods...
