ADF

23-Jan-2019

Integrity in Development Projects: African Development Bank Debars ALG GLOBAL CONCEPT and its Managing Director for 36 Months, for Fraudulent Practices

The African Development Bank Group on January 23, 2019, announces the debarment of ALG Global Concept Nigeria Limited, a construction company registered in Nigeria and its Managing Director, Mr. Abuharaira Labaran Gero, for a period of 36 months. An investigation conducted by the Bank’s Office of Integrity and Anti-Corruption established that ALG Global Concept and its Managing Director engaged in numerous fraudulent practices in bidding for a construction contract under the Agricultural Transformation Agenda Support Program Phase One in Nigeria (ATASP-1), in the Federal Republic of...
30-Oct-2018

Tanzania: Alternative Learning and Skills Development Project

.greenbartitle h2 { background: #009653; } .more_iteration {display: none;} [alert type="success"] Key facts  Alternative Learning and Skills Development project financed with an African Development Fund (ADF) loan and grant totaling US$32.7 million. Over 1,000 community members (51 percent of them are women) received training in computer literacy, law and adult literacy in the Alternative Learning Centre. Graduates of the skills development centers, 19 micro finance institutions and Savings and Credit Cooperatives (SACCOS) in Zanzibar benefitted...
26-Oct-2018

Malawi: The African Development Bank approves US$ 15 million grant for Nkhata Bay Town Water Supply and Sanitation Project

The African Development Bank Group, has approved a US$15 million grant from the African Development Fund (ADF) for a water supply and sanitation project in Malawi, expected to provide jobs and boost the livelihoods of nearly 300,000 people. The Nkhata Bay Town Water Supply Project will improve access to potable and sustainable water supply and sanitation services, directly benefitting 60,000 residents of Nkhata Bay and its surrounding areas, as well as 220,000 others who depend on services offered by the town. The project is also expected to create more than 300 jobs during its...
25-Oct-2018

Speech Delivered by Dr. Akinwumi A. Adesina, President, African Development Bank Group, at the African Development Fund (ADF-14) Mid-Term Review Meeting

Ladies and Gentlemen. Good morning!   Tubifurije ikaze mu Rwanda! Welcome to Rwanda! And welcome to the Mid-Term Review of the African Development Fund (ADF-14).   Let me warmly welcome our ADF Deputies who have travelled far distances to be here with us, as well as Ministers and their representatives from ADF countries, and our Executive Directors, Advisors and Management and Staff of the Bank. I also wish to specially thank our ADF Coordinator, Kyle Peters for accepting to support and guide us as we embark on this Mid-Term Review and look forward to ADF-15 ahead of us...
25-Oct-2018

East Africa’s One Stop Border Post Project

[alert type="success"] Key facts African Development Fund loans of US$107 million to Kenya and US$88 million to Tanzania. Support to Kenya and Tanzania development priorities and regional integration within the East African Community. Construction of 240-km road from Arusha through Namanga to Athi River, near Nairobi. Boost to commercial and tourism activities in the region, improved traffic between Zambia, Tanzania, Kenya, Uganda and Sudan. [/alert] The African Development Fund, the concessional arm of the African Development Bank, extended loans of US$107...
25-Oct-2018

Consistent Support for Higher Education, Science and Technology in Malawi

[alert type="success"] Key facts The Strengthening of Primary and Secondary Education Project (Education II, US$21.8 million) was approved by the African Development Bank for Malawi in 1986. This was followed by the Strengthening Access to Primary Education Project (Education III, US$16.7 million). The Support to Community Day Secondary Education Project (Education IV, US$20.9 million) was approved in 2001. The Support to Community Day Secondary Education Project (Education V, US$20.9 million) was approved in 2006. [/alert...
24-Oct-2018

The 2018 Mid-Term Review of the African Development Fund, Kigali, Rwanda

“The Bank knows how much more still needs to be done in the economic transformation of Africa. This is why being fit for purpose in every respect is necessary for improving development impacts, attracting more private sector participation, and providing excellent value for money for member countries, beneficiaries, and funders.”  With these words, the President of the African Development Bank, Dr Akinwumi A. Adesina, is due to welcome deputies to the Mid Term Review (MTR) of the 14th Replenishment of the African Development Fund (ADF-14) which is scheduled to take place from...
31-Aug-2018

5 milliards de francs CFA de la Banque africaine de développement pour insuffler une nouvelle dynamique au Centre régional de formation en entretien routier (CERFER)

Le Groupe de la Banque africaine de développement a octroyé un don de 5 milliards de Francs CFA, via son Fonds africain de développement, au Conseil de l’entente, pour financer la réforme du Centre régional de formation en entretien routier (CERFER). Le financement s’inscrit dans le cadre du projet d’appui à l’intégration de la formation (PAIF) dans les métiers de la route, du chemin de fer et des mines dans les pays membres dudit Conseil – Côte d’Ivoire, Bénin, Togo, Burkina-Faso et Niger. Ce financement va permettre de réaliser les modules de la réforme du CERFER, notamment la...
28-Aug-2018

Togo : La Banque africaine de développement va investir 16,6 milliards de francs CFA dans l’agro-alimentaire

Le Groupe de la Banque africaine de développement a signé avec le gouvernement du Togo des accords de prêt et de don pour un total de quelque 16,63 milliards de FCFA, dans le cadre de son Projet de transformation agro-alimentaire (PTA-Togo).  Il s’agit d’un protocole d'accord de don du Fonds africain de développement pour un montant de 3,67 milliards de FCFA ; d’un accord de prêt de 6,37 milliards de FCFA du même Fonds africain de développement ; et d’un accord de prêt d’un montant de 6,59 milliards de FCFA au titre de la Facilité d’appui à la transition ...
16-Aug-2018

Canadian Minister of International Development visits African Development Bank in Côte d’Ivoire, reinforces Canada’s role in Africa

Beneficiaries of PAIA-ID, an African Development Bank-financed agriculture project in rural Côte d’Ivoire. At the invitation of the Government of Côte d’Ivoire and the African Development Bank Group President, Dr. Akinwumi A. Adesina, Canada’s Minister for International Development, the Honourable Marie-Claude Bibeau, will be visiting Côte d’Ivoire to strengthen relations with the African Development Bank Group, of which Canada is the fourth-largest shareholder among non-regional member countries. The visit includes a half-day tour of a Bank-financed...
10-Apr-2018

African Development Bank is key to Africa’s economic development, say Southern African Governors

The Southern African Governors of the African Development Bank have described the Bank as the future of Africa’s development, and called on it to lead the way to faster-paced development of the continent. The Governors – Finance Ministers and Ministers of Economic Planning from Angola, Lesotho, Madagascar, Malawi, Mozambique, Namibia, São Tomé and Príncipe, South Africa, Swaziland, Zambia and Zimbabwe – shared their thoughts at a regional consultation with African Development Bank President Akinwumi Adesina and Senior Bank Executives at the institution’s headquarters in Abidjan, Côte d’...
29-Mar-2018

Visiting Swiss delegation underscores African Development Bank’s crucial role in Africa’s development

The tranquillity usually felt in Abidjan’s business district on the weekend was broken on the morning of Saturday, March 24, 2018 by a frenzy of activity around the headquarters of the African Development Bank. A convoy of cars and minibuses pulled up outside the Bank’s main entrance. A 50-member economic and scientific delegation made up of parliamentarians, ministry officials, managers of leading Swiss companies and heads of academic institutions, led by Johann Schneider-Ammann, Federal Councillor, Minister of Economic Affairs, Education and Research, and former President of the Swiss...
13-Feb-2018

Japan provides US $700 million to African Development Fund

The Japan International Cooperation Agency (JICA) has signed a loan agreement with the African Development Fund (ADF) designed to provide an Official Development Assistance (ODA) loan to the tune of 73.601 billion Japanese Yen (approx. US $700.9 million). The loan is part of Japan’s contribution to the African Development Fund’s Fourteenth Replenishment (ADF-14). This is the first JICA loan provided to the ADF. The loan will provide the African Development Fund with resources to support recipient countries during the ADF-14 period (January 1, 2017 to December 31, 2019), and contribute to...
15-Feb-2017

AfDB commits US $3.50 million to IGAD Regional Infrastructure Master Plan

The eight-nation Intergovernmental Agency on Development (IGAD) has secured a US $3.50-million grant from the African Development Fund (ADF), the concessional window of the African Development Bank Group, to finance the agency’s Infrastructure Master Plan (IRIMP). The project, to be completed in 38 months, seeks to establish regional infrastructure development priorities for the IGAD region, comprising Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan and Uganda, in order to enhance regional physical and economic integration, thus promoting trade, movement of goods and...
23-Jan-2017

Cameroun : la BAD va contribuer à l’amélioration de la santé des populations de Yaoundé avec un projet d’assainissement de 32 millions de dollars

La Banque africaine de développement (BAD) a procédé du 15 au 21 janvier 2014 à Yaoundé, au Cameroun, au lancement de la deuxième phase du projet d’assainissement de Yaoundé (“PADY 2”). Financé par le Fonds africain de développement (FAD) du Groupe de la BAD, à hauteur de 20,99 millions d’Unités de Compte (UC) - environ 32 millions de dollars -, ce projet profitera à environ 2 millions de personnes, contribuant notamment à améliorer leurs conditions de  santé. PADY 2 a pour objectif d’améliorer l’assainissement pluvial de Yaoundé et d’améliorer les conditions de  santé...
12-Dec-2016

Fourteenth Replenishment of the African Development Fund

Strong donor commitment despite a difficult global economic environment Resources devoted to countries affected by situations of fragility to increase ADF to scale-up support to the private sector A global coalition of donors pledged to support the structural transformation of African economies and the African Development Bank's High Five priorities by agreeing on US $7.06 billion over the next three years to support development projects and programs in the 38 lower income African countries supported by the African Development Fund (ADF) "We are appreciative of the support of...
28-Nov-2016

FAD-14 : Interview de Kenji Okamura, Représentant du ministre des Finances du Japon (pays donateur)

28-Nov-2016

ADF-14 : Interview with Tom Mbeta, Alternate Governor, Lesotho (ADF beneficiary country)

28-Nov-2016

FAD-14: Interview de Papa Amadou Sarr, Gouverneur suppléant du Sénégal (pays bénéficiaire du FAD)

28-Nov-2016

ADF-14 : Interview with Pierre Gramegna, Minister of Finance, Luxembourg (ADF donor country)