Trading thrives as new highway financed by the African Development Bank opens up northern Togo

Every Tuesday, Alemondji market in northern Togo swarms with people. Amid the throng, Burkinabe and Ghanaian traders offer clothes and kitchen utensils for sale. Others, calling out their wares, come from the nearby towns of Lawagnon, Moreta and Issati. Their stalls overflow with peanuts, millet, sorghum, sesame and beans. "Just a few years ago, it was no easy matter to travel to this market. It was open for three days in succession, Tuesday to Thursday, and then again on Sunday, but we only came for one day, because our main route to travel to the market was so poor," said Robiro Kadokah...

Cameroun : la Banque africaine de développement soutient la phase 3 de la Ring Road pour près de 180 millions d’euros

Le Conseil d'administration de la Banque africaine de développement a approuvé, mercredi 18 décembre 2019, un prêt de 255 millions d’euros pour le financement du « Programme d’appui au transport- phase 3 – construction de la Ring Road- tranche 2 du financement Bad ». La Ring-Road couvre environ 365 km et traverse cinq des sept départements de la Région du Nord-ouest. La route comprend également plusieurs raccordements à la frontière nigériane, notamment à partir de Misaje. La zone cible du programme touche la région Nord-Ouest dont le potentiel économique s’étend notamment à l...

Africa Investment Forum 2019 : le programme « Desert to Power », initié par la Banque africaine de développement, au centre des discussions d’un panel d’experts

Le programme « Desert to Power », initié par la Banque africaine de développement pour fournir de l’électricité à 250 millions de personnes dans la région du Sahel, a fait l’objet d’une session spécifique mardi à l’Africa Investment Forum 2019, organisé à Johannesburg, en Afrique du Sud. Le panel de cette session intitulée « Investir dans le soleil : l’initiative Desert to Power » était animé par Wale Shonibare, vice-président de la Banque africaine de développement en charge des énergies. A ses côtés figuraient plusieurs experts sectoriels :  Paloma Perez de Vega...

African Development Bank Group becomes a shareholder in Africa Finance Corporation

L'Africa Finance Corporation (AFC), un prestataire de solutions d'infrastructures de premier plan en Afrique, a annoncé, hier, que la Banque africaine de développement avait investi 50 millions de dollars américains pour entrer à son capital. Africa Finance Corporation (AFC), a leading infrastructure solutions provider in Africa, today announces that the African Development Bank Group, Africa’s highest investment-grade rated (AAA with stable outlook) multinational finance institution, has invested $50 million in the equity of AFC. The Bank Group’s investment in AFC will enable both...

Estimating Investment Needs for the Power Sector in Africa 2016-2025

How much investment is needed to realize the African Development Bank´s (AfDB) New Deal on Energy for Africa (the New Deal)? This is the overriding question that is thoroughly analyzed from the bottom-up for 54 countries in Africa, covering generation, inter-connectors, transmission and distribution (T&D), mini-grids and off-grid access options. Underlying the analysis is an unprecedented collection of data, high-resolution regional power investment optimization and a tailor-made access expansion model for the continent. The answer to this question is an average annual investment of 29-39...

Africa Investment Forum 2019 : la République démocratique du Congo et la République du Congo signent un accord pour accélérer le projet de pont route-rail reliant leurs capitales

De droite à gauche: Jean-Jacques Bouya, ministre de l’Aménagement, de l’équipement du territoire et des grands travaux de la République du Congo ; Akinwumi Adesina, Président de la Banque africaine de développement ; Mme Élysée Munembwe Tamukumwe, vice-Premier ministre du Plan de la République démocratique du Congo et Alain Ebobissé, Directeur général d’Africa50, juste après la signature de l’Accord, à Johannesburg La République démocratique du Congo et la République du Congo ont signé, hier, dans le cadre de l’Africa Investment Forum à Johannesburg, un accord interétatique visant à...

Africa’s infrastructure financing reaches an all-time high in 2018, surpassing $100 billion - ICA

The Infrastructure Consortium for Africa (ICA) on Tuesday announced a 24% leap in infrastructure financing in Africa in 2018, surpassing $100 billion for the first time, but significant financing gaps remain. Launched on 12 November at the Africa Investment Forum, the ICA’s Infrastructure Financing Trends in Africa 2018 report shows that financing of infrastructure in Africa reached a new high of $100.8 billion in 2018, a jump of about a quarter on 2017 and 38% up on the 2015-2017 average. Mike Salawou, ICA Coordinator, and Manager of Infrastructure Partnerships, at the African...

2019 Africa Investment Forum: There’s never been a better time to invest in Africa than now, infrastructure, agriculture investment opportunities abound

It was a presidential start on Monday to the African Development Bank’s Africa Investment Forum in Johannesburg, South Africa. Dignitaries and delegates from the continent and around the world gathered to listen to Presidents Cyril Ramaphosa of South Africa, Paul Kagame of Rwanda, Nana Akufo-Addo of Ghana and Prime Minister Agostinho do Rosario of Mozambique.  They engaged in a discussion titled, Invest in Africa’s Space: Conversation with African Heads of State, moderated by Dr. Victor Oladokun, African Development Bank Group Director of External Relations and Communications....,

How the Africa Investment Forum is transforming the continent’s approach to infrastructure projects

Streaming across the new bridge linking the Gambia and Senegal earlier this year, cars, trucks and pedestrians celebrated a new era of integration between the two West African countries.  For the first time in over half a century, traders and everyday commuters could travel from one half of the Gambia to the other in a matter of hours, instead of an entire day, or even longer. The January inauguration of the Gambia River Bridge signaled the end of the risky ferry crossing or the long detour between the northern and southern parts of both nations. The powerful images that made...

GPN - Kenya - Design, configuration, installation and hosting of a Core Mortgage Refinance Information System and supply of related network infrastructure - KMRC

The Government of the Republic of Kenya has received for financing from the African Development Bank (AfDB) to finance the operations of the Kenya Mortgage Refinance Company. Kenya Mortgage Refinance Company (KMRC) was established as a key institution to support the Affordable Housing Pillar of the Government of Kenya’s Big 4 Agenda. In establishing KMRC, the Government adopted a public private partnership (PPP) arrangement with majority private sector ownership. KMRC was incorporated on 19 April 2018 under the Companies Act 2015 as a non-deposit taking financial institution regulated by...

Kenya: African Development Bank Group approves loans of €209m for expansion of ‘Great North Road’

The Board of Directors of the African Development Bank Group has approved loans of around €209 million to fund the expansion of a highway that links major economic hubs in Kenya. The approval was granted on 26 September during a meeting at the Bank’s headquarters in Abidjan. The total project cost is €257.68 million, of which €178.02 million (69%) will be financed by the Bank Group, while 12% will come from the Africa Growing Together Fund, set up by the Bank and the People’s Bank of China in 2014. The remaining 19% will be financed by the Kenyan government. The five-year project...

GPN - RDC - Projet de Réhabilitation de la RN°1, Tronçon Kinshasa/Ndjili – Batshamba (622 Km)

La République Démocratique du Congo a reçu du Fonds africain de développement (FAD) un prêt en vue du financement du Projet de Réhabilitation de la RN1, tronçon Kinshasa/Ndjili-Batshamba (622 km).

Zambia - Sustainable Livestock Infrastructure Management Project’s (SLIMP) - P-ZM-AAE-003 - Summary ESMP

The Zambian Government’s development agenda are articulated in the National Vision 2030 and the Seventh National Development Plan (7NDP: 2017-2021). The National Vision 2030 sets the long-term vision which reflects the understanding, aspirations and determination of the people to be a “prosperous middle-income country by 2030”. The main goal of 7NDP (2017-2021) is to create a diversified and resilient economy for sustained growth and socio economic transformation driven among others, by agriculture. The 7NDP departs from sectoral-based planning to an integrated (multi-sectoral) development...

Multinational - Lobito Corridor Trade Facilitation Project

The Trade Facilitation Project seeks to accelerate growth in domestic and cross-border trade along the Lobito Corridor through the implementation of harmonized trade facilitation instruments, strengthening coordination of joint corridor development activities, and fostering effective participation of small and medium enterprises (SMEs) in value chains. The Lobito Corridor represents an alternative strategic outlet to export markets for Zambia and DRC and offers the shortest route linking key mining regions in these two countries to the sea. A recent study by the Bank shows that the Copperbelt...

G5 Sahel : la Banque africaine de développement mobilise près de 270 millions de dollars pour renforcer les infrastructures et la résilience de la région

A l’issue de la réunion de suivi des annonces (de financement) du « Groupe de Nouakchott », la Banque africaine de développement a annoncé apporter 267 millions de dollars américains pour financer la réalisation des projets du Programme d’investissement prioritaire (PIP) du G5 Sahel. Cette réunion avait pour objectif d’effectuer le suivi des engagements donnés en faveur du PIP à l’occasion d’une conférence entre le G5 Sahel et ses partenaires, tenue fin 2018 à Nouakchott. Une rencontre qui a permis de recueillir des annonces de financement d’un total de 2.4 milliards d’euros...

Lesotho - E-Government Infrastructure Project - Appraisal Report

The objective of the project is the enhancement of good governance by the deployment of a modern and secure e-government broadband infrastructure. Specifically, the project shall enhance coordination of public service delivery across ministries, key agencies and local governments. The Project will also strengthen existing Government data centers and portals; and improve access to e-services for state building such as automated administrative services including e-payroll; civil registration; e-health, e-procurement, e-customs;and,revenue management. The total estimated cost of the project is...

Cameroon - Grassfield Rural Infrastructure and Participatory Development Support Project-Phase II (Grassfield II) - Appraisal Report

The Rural Infrastructure and Participatory Development Support Project, Phase II ( Grassfield II) will be implemented in the North-West Region of Cameroon.The main activity of 70% of the region’s population is agriculture and 13% of the country’s rural poor live there. This operation is a sequel to an initial project(2005-2011),which had significant results and a positive impact on the income of the beneficiary communities.However, the Government has sought to consolidate the project achievements due to the persistence of basic needs and the size of the intervention area in relation to the...

DRC - Project to Develop the Lovua-Tshikapa Section of the Batshamba-Tshikapa Road - Appraisal Report

The National Road 1 (NR1) (Banana-Matadi–Kinshasa-Lubumbashi-Kasumbalesa-SakaniaRoad) (3,130 km) is the main backbone of the road transport system in the Democratic Republic of Congo (DRC). It links Matadi to the West, but also Lubumbashi in Katanga Province to the East of DRC across various towns. The NR1 passes through Kinshasa, Kenge and Kikwit in Bandundu Province, Tshikapa and Kananga in West Kasaï Province and Mbuji-Mayi in East Kasaï Province. Through this road, it is possible from Mbuji-Mayi to get to Mwene Ditu (major railway station) and connect to NR2 leading to Bukavu (South-Kivu...

Zimbabwe - Emergency Power Infrastructure Rehabilitation Project - Phase I - Appraisal Report

In June 2011, the Board of Directors approved a grant amounting to USD 35 million to finance the Emergency Power Infrastructure Rehabilitation Project (EPIRPI or the Project) targeting the power transmission and distribution facilities throughout the whole country and the rehabilitation of the Ash Handling Plant at the Hwange Power Station in Hwange.The Protocol of Agreement was signed in September 2011. The envisaged outcomes of the intervention include: improved environmental management and ash handling at the Hwange Power Station, improved reliability of sub-transmission and distribution...

Côte d’Ivoire - Abidjan Urban Transport Project - Appraisal report

Abidjan, a port city and the sixth largest city on the African continent, has a population estimated at 4.71 million (21% of the country’s total population in 2014) and projected to rise to 8.5 million in 2030. Paradoxically, 60% of the road network inspected in 2003 was in bad repair. Due to the combined effect of population growth, the rapid increase in the number of motor vehicles and the decline of public transport systems, the road network and traffic control system have proved to be inadequate to ensure the flow of the increasing volume of traffic. Almost all intersections face severe...