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ADF supports the development of Power interconnection between Djibouti and Ethiopia

13-Dec-2004 - The common sector goal is to improve the population’s access to electricity in Ethiopia and Djibouti through regional cooperation in the energy sector within the context of the New Partnership for Africa’s Development (NEPAD) programme. The indicator for this goal will be the electricity access in Ethiopia increased from 13% in 2003 to 20% by 2012 and electricity access in Djibouti increased from 49.5% in 2003 to 60% by 2015.

ADB Supports Public Administration Reform in Morocco

13-Dec-2004 - The Board of Directors of the ADB in  Tunis on Monday approved a loan of 100 million Units of Account (UA*), equivalent to 153.60 million U S dollars (121 million Euros), in budget support to finance the Public Administration Reform Support Programme (PARAP). The goal of the programme is to promote strong economic growth and sustainable development, strengthening the competitiveness of the economy while ensuring medium-term macro-economic viability. The project hinges on the following four components:

ADF promotes Good Governance in Tanzania

13-Dec-2004 - The grant of 4.797 million Units of Account (US$ 7 million), which was approved today by the ADF, will support reforms that are expected to be undertaken under the Poverty Reduction Support Loan (PRSL), the budget support operation that was approved by the ADF Board of Directors in October 2004. The project will contribute to improving economic growth in Tanzania by improving the management of public finances and enhancing the efficiency of the legal sector and judiciary system in Zanzibar, where good corporate management practices will be...

The African Development Fund supports Congo’s Policy Reform Programme

13-Dec-2004 - This policy reform programme has been approved by the Board of Directors of the African Development Fund (ADF) today through a loan of 7 million Units of Account (UA)*, equivalent to US$ 10.50 million for financing its implementation.

Post Conflict Reconstruction in Burundi: ADF Supports Job Creation and Poverty Reduction

13-Dec-2004 - The Board of Directors of the African Development Fund (ADF) the concessional window of the ADB, approved a loan of 9.81 million Units of Accounts (UA*), equivalent to 15.07 million US dollars, to finance the multi-sector project for socio-economic reinsertion in the country. The project's sector goal is to contribute to the socio-economic insertion of disadvantaged groups by creating jobs through labour-intensive work for building infrastructure and improving access to social services such as health, education and living conditions.

African Virtual University: ADF Promotes Access to Quality Education in Africa

13-Dec-2004 - Le conseil d’administration du FAD, le guichet concessionnel du Groupe de la Banque africaine de développement (BAD), a approuvé le don à Tunis lundi, pour permettre à l’UVA de mettre en œuvre son programme de travail quinquennal (2003-2007), pour faire face aux demandes croissantes pour des études de 3e cycle de qualité.

Projet de corridor routier Mombasa-Nairobi-Addis-Abeba : Le Fad soutient le plan d’action à court terme du NEPAD pour l’infrastructure

13-Dec-2004 - Le présent projet routier constitue un important tronçon de la route transafricaine allant du Caire au Cap. Soumise à un trafic très dense, elle n’est plus adaptée à sa double vocation de route internationale principale reliant le Kenya et l’Ethiopie, mais aussi de voie transafricaine. Cette situation représente un obstacle physique majeur pour le commerce et l’intégration régionale.

ADF, Mozambique sign Economic reform and Poverty Reduction Support Loan Program

10-Dec-2004 - The AfDB Group Vice President for North, East and South Operations, Mr. Theodore Nkodo, and the Ambassador for Mozambique in Portugal, S.E.M Gregorio Leao Jose, signed a loan agreement in Tunis on Friday, December 10, to finance the second Program of Economic Reform and Good Governance for Poverty Reduction in Mozambique amounting to US$ 50 million (30 million Units of Account).

ADF, Tanzania sign Poverty Reduction Support Loan

09-Dec-2004 - The African Development Bank Group Vice President for North, East and South Operations, Mr. Theodore Nkodo, and the Ambassador for Tanzania in Egypt , Mr. Kassim Mwawando, signed, in Tunis on Thursday, December 9, the loan agreement of the Poverty Reduction Support Project amounting to US$ 76.8 million (50 million Units of Account). The project was approved by the ADF Board of Directors on October 27, 2004.

New AfDB Assistance to Post-Conflict Countries Policy: AfDB Clears Congo’s Arrears

08-Dec-2004 - The grant of 33.3 million Units of Account (US$ 50 million or 26 billion FCFA) today approved by the ADB Group will allow for rapid resumption of Bank Group assistance to the country in conjunction with the International Financial Institutions and the Donor community. This intervention lies within the framework of the new ADB Group assistance to post-conflicts countries, approved on 19 July 2004.

ADF Strengthens Good Governance in Madagascar

08-Dec-2004 - The Board of Directors of the Fund on Wednesday in Tunis, approved a grant of 5.86 million Units of Account (about 9 million US dollars), to help finance a project aimed at strengthening the national capacity to implement good governance programmes with the ultimate of reducing poverty by half by 2015. The project has three components: - Support to the enhancement of transparency and accountability in public finance management; - Support to the modernisation and enhancement of the legal and judicial environment; - Project management

The African Development Fund supports economic reforms and governance in Burundi

08-Dec-2004 - The government's economic reform programme comprises the following components: reintegrating conflict victims and disadvantaged groups into the economic system; reforming the macroeconomic framework; disengaging the government from the productive sector; and strengthening good governance.