02-Oct-2013
First ADF partial risk guarantee approved in Kenya for largest African wind power project
The Board of the African Development Bank (AfDB) approved the Lake Turkana Transmission Line Delay Partial Risk Guarantee for €20 million, the first of the African Development Fund’s Partial Risk Guarantees (ADF PRG). The ADF PRG is a risk mitigation instrument that covers private lenders and...
Report explores challenges and opportunities of growth in a fragile state In response to a request for technical support from the Government of Sierra Leone, the African Development Bank (AfDB) launched a comprehensive report outlining the key challenges and major opportunities for mainstreaming...
With African Development Bank (AfDB) support, Ghana has received $9.75 million approval from the Climate Investment Funds’ (CIF) Forest Investment Program (FIP) to undertake the Engaging Local Communities in REDD+/Enhancement of Carbon Stocks (ELCIR+) project. The ELCIR+ project will help reduce...
Participants in the African Development Fund have reaffirmed their commitment to supporting Africa’s continuing process of economic transformation, with a total replenishment amount of $7.3 billion for 2014 to 2016. Millions of Africans stand to benefit from improved energy supply, transport...
The Board of the African Development Bank (AfDB) approved the conversion of the Sustainable Energy Fund for Africa (SEFA) – a bilateral trust fund established with funding from the Government of Denmark and administered by the AfDB – into a multi-donor trust fund with a wider remit. With this...
20-Sep-2013
6ème Forum mondial Convergences - Développement : Rendre l’énergie plus accessible en Afrique
« Accès à l’énergie en Afrique : facteurs clés de succès pour le développement de projets durables », c’est le thème abordé lors d’un atelier, mercredi 18 septembre 2013, par la coordinatrice du portefeuille Climate Investment Funds à la Banque africaine de développement (BAD), Mafalda Duarte, et...
The Nordic Development Fund Manager for Southern Africa, Johanna Palmberg, visited the African Development Bank’s Zambia Field Office (ZMFO) on September 13, 2013 to discuss the ongoing green growth initiatives in Zambia pioneered by the AfDB, Organisation for Economic Co-operation and Development...
The African Development Bank (AfDB) and the French Development Agency (AFD) signed an Exchange of Letters on September 13, 2013, in Tunis. The Exchange of Letters was signed by the AfDB President, Donald Kaberuka, and the AFD Director General, Anne Paugam. The AfDB Executive Director for France,...
The African Development Bank Group (AfDB) is supporting Senegal’s efforts to protect Lake Guiers in the northern part of the country with a loan and a grant totaling US $24.42 million (UA 15.86 million) to finance restoration of the lake.
The Project to Restore the Ecological and Economic...