28-Dec-2012
AfDB and Zambian Government Sign US $55-Million Loan Agreement for Itezhi-Tezhi Hydropower Project
The African Development Bank and the Government of the Republic of Zambia signed, on December 19, a loan agreement for US $55 million to support the Itezhi-Tezhi Hydro Power and Transmission Line Project through the construction and operation of a 120 megawatt hydropower plant at Itezhi-...
In his welcoming remarks the Zambian Minister of Finance and National Planning Alexander Chikwanda commended African Development Bank President Donald Kaberuka for the support the Bank has provided since 1971 amounting to US $1.4 billion. The Minister also commended the Bank’s initiative and...
The Governor of the Bank of Zambia, Michael Gondwe, commended African Development Bank President Donald Kaberuka for his outstanding leadership and the Bank’s positive contribution to the economies of the continent. Gondwe’s comments came during a Bank of Zambia luncheon hosted in honour of...
On an official visit to Zambia, African Development Bank Group President Donald Kaberuka paid a courtesy call on Zambia’s Minister of Foreign Affairs, Given Lubinda, on December 20. The meeting was attended by the Deputy Minister of Foreign Affairs, Efron Lungu; Zambia’s Resident Representative,...
Three major energy projects financed by the African Development Bank in Ouarzazate, Morocco; Menengai, Kenya; et Bujagali, Uganda; were featured in a film project which captured 25 sustainable energy projects on the African continent in the context of the UN International Year of Sustainable Energy...
La Banque africaine de développement (BAD) et le Maroc ont signé, le 19 décembre à Rabat, trois accords de prêt et de garantie ainsi qu’un accord de don pour un montant global de près de 7 milliards de dirhams, soit l’équivalent de 533 millions d’euros. Les cosignataires étaient la représentante...
20-Dec-2012
AfDB Approves USD 50 million Senior Loan for the Expansion of Azito Power Plant in Côte d'Ivoire
The Board of Directors of the African Development Bank (AfDB) has approved a senior loan of USD 50 million for the expansion of the Azito power plant in Côte d'Ivoire. This facility aims to finance the third phase of the project which consists of converting the existing 288 MW simple-cycle power...
20-Dec-2012
The AfDB Approves a USD 3 million Loan for Comoros To Support the Energy Sector and Financial Governance
The Board of Directors of the African Development Bank (AfDB) granted, on December 19th 2012, a loan in the amount of USD 3 million to Comoros to support the energy sector reforms, particularly, the electricity sub-sector and financial governance.
The programme will help to create the...
The African Development Bank (AfDB) has approved on December 19th 2012, a USD 21 million package to finance the implementation of the Zanzibar Urban Water and Sanitation Project in the United Republic of Tanzania. The Government will contribute 10% of the project costs.
The project will be...