30/10/2018 - Tanzania’s alternative learning and skills development centers were constructed with African Development Fund (ADF) loan and grant totaling US$32.7 million. Designed to fill the gaps in non-formal education in Zanzibar, specifically on the islands of Unguja and Pemba, the project also financed equipment purchase and development of teachers’ manuals.
25/10/2018 - The African Development Fund, the concessional arm of the African Development Bank, extended loans of US$107 million to the Republic of Kenya and US$88 million to the United Republic of Tanzania to build a modern and more efficient “One Stop Border Post”. The financing also covered the construction of a 240-km road from Arusha through Namanga to Athi River, near Nairobi.
25/10/2018 - Through the African Development Fund’s recent envelope of financial instruments, Malawi has received US$14 million for scholarships and infrastructure for its Higher Education, Science and Technology (HEST) program. The assistance will boost job creation and employment in the southern African nation. It also aligns with Malawi’s development goals.
10/10/2018 - Kenya has taken less than a decade to make giant strides in its energy sector. Key to this are two iconic renewable energy projects that have benefited from the decisive support of the African Development Bank: Turkana Wind Farm and Menengai Geothermal Power Station.
01/10/2018 - Madagascar’s three key rice farming regions have witnessed an unprecedented transformation, with yields per hectare virtually tripling over the past five years, thanks to investments totalling $148 .28 million by the African Development Bank in the region’s agriculture infrastructure.
11/09/2018 - In April 2017, the African Development Bank opened a five-year US$7 million credit line to the Banque Populaire de Mauritanie (BPM), following an earlier line in July 2008, which had been repaid in full. These loans form part of the Bank's measures to promote the private sector in Mauritania.
23/08/2018 - Kenya has one of the most dynamic and innovative economies in sub-Saharan Africa. A decade after going through a food crisis and in the aftermath of the drought in 2016-2017, the country aims to achieve self-sufficiency in food products such as maize, tomato, cabbage, rice, beans, milk and meat. This clearly stated ambition of the Kenyan government has received support from the African Development Bank, which sees food security as a catalyst for the growth and development of the country’s productive sectors.
16/08/2018 - The African Development Bank is ramping up the pace of its work in the agriculture sector. Its new strategy to transform African agriculture, approved in May 2016, aims to eradicate extreme poverty, hunger and malnutrition in Africa and to transform the continent into a net exporter of food products.
This approach is much in evidence in Côte d’Ivoire, where the Bank set the tone in 2012 and 2016 by funding the Agricultural Infrastructure Support Project in Indénié-Djuablin Region (PAIA-ID) and the Value Chains Development Project in the same region (PDC-ID).
10/08/2018 - The 895-km highway corridor linking Kenya and Ethiopia has not only eased cross-border traffic between the two countries, but is a major push for economic integration within Africa, resulting in jobs and improved livelihoods across the Horn region.