18-Dec-2013
ADF partial risk guarantee program to stimulate private investment in the Nigerian power sector
The Board of Directors of the African Development Bank Group (AfDB) approved an African Development Fund (ADF) Partial Risk Guarantee (PRG) program of US $184.2 million*, and an ADF loan of US $3.1 million, for capacity building, to support the Nigerian power sector privatization program.
The...
The African Development Bank (AfDB) and Government of Rwanda signed on Monday, December 16, 2013, in Kigali, two financing agreements to support skills development in the energy sector and local government revenue mobilization. The Fund for African Private Sector Assistance (FAPA) has provided US $...
17-Dec-2013
Japan Supports AfDB in entrepreneurship, job creation and economic growth with a loan of US$ 100 million
The African Development Bank (AfDB) and the government of Japan signed on 16 December, 2013 a bilateral Exchange of Notes for a loan to the AfDB of 9.48 billion Japanese yen (about US$ 100 million). This is the fourth loan to the AfDB under the Enhanced Private Sector Assistance (EPSA) for Africa...
Event: Signing The Fourth Loan Under EPSA
I want to welcome you all and to express my pleasure on this occasion – the signing of the second Private Sector Assistance Loan under EPSA. This agreement, which we have gathered here to sign today in support of the private sector in Africa, is not only...
I want to welcome you all and to express my pleasure on this occasion – the signing of the second Private Sector Assistance Loan under EPSA. This agreement, which we have gathered here to sign today in support of the private sector in Africa, is not only in line with pledge made by Japan at the G8...
16-Dec-2013
Technical Consultative Meeting on AfDB’ s Governance Strategic Framework and Action Plan (2014-2018)
A Technical Consultative Meeting on the African Development Bank Group (AfDB)’s Governance Strategic Framework and Action Plan (2014-2018) will be held on December 16, 2013 at the Ramada Hotel in Tunis, Tunisia.
Earlier this year, the AfDB Group’s Board of Directors approved a new Strategy for...
The African Development Bank (AfDB) is organizing final technical consultations with representatives from across Africa on its new Governance Strategy for 2014-2018.
AfDB’s key stakeholders will discuss on Monday, December 16, 2013 how to further improve this strategy in terms of its strategic...
11-Dec-2013
AfDB Approves US $20 million Trade Finance Line of Credit for Shelter Afrique to Support Real Estate SMEs
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, December 11 a US $20 million Trade Finance Line of Credit for the Company for Habitat and Housing in Africa/Shelter Afrique (SHAF) to boost the availability of Trade Finance (TF) instruments to small and medium...