Tunis, 3 June 2008 – The African Development Bank (AfDB) Group and the Republic of Benin have signed an agreement for a loan of 17.39 million Units of Account (UA), equivalent to US$ 28.2 million (FCFA 11.9 billion) to finance the country’s segment of a power connection line with neighbouring Togo and Ghana.

The agreement was signed on Monday in Tunis by the Bank Group’s Vice-President in charge of Infrastructure, Private Sector and Regional Integrations, Mandla Gantsho, and Benin’s Ambassador to Morocco, Bio Torou Guiwa.

Tunis, 10 May 2006 – The African Development Fund (ADF), the concessional window of the African Development Bank (ADB) Group will support a project to improve electricity supply and network efficiency in Cameroon. The ADF Board today approved a loan of  UA49.65 million (equivalent to 60 million Euros) for the partial financing of  a five-year investment programme  by AES Sonel,  an integrated electric power utility in Cameroon.

Tunis, 10, May 2006 – The African Development Fund (ADF), the concessional window of the African Development Bank (ADB) Group, has approved a grant of UA 1,000,000 (equivalent to US$ 1.47 million) to finance a study for the formulation of a national programme for rural water supply and sanitation (DWSS) in Guinea.

The objective of the programme is to improve the socio–economic and health situation of the rural population.

Ouagadougou, 17 May 2006 – The African Development Fund and the Government of Cameroon today in Ouagadagou signed a grant agreement of 25 million Units of Account, (equivalent to US$ 37.66 million) to finance the Yaoundé Sanitation Project in Cameroon.

The agreement was signed by Mrs. Zeinab El-Bakri, ADB Vice President of Operations, and Mr. Abah Abah Polycarpe, Minister of the Economy and Finance of Cameroon in the presence of the ADB Group president, Mr. Donald Kaberuka and Government Delegate to the Yaoundé urban council, Mr. Gilbert Tsimi Evouna .

Ouagadougou, le 17 mai 2006 – Mr. Mandla Gantsho, Vice President in charge of Private Sector Operations of the African Development Bank (AfDB) and Mr. Tayo Aderinokun, CEO & Managing Director of the Guaranty Trust Bank (GTB) Plc of Nigeria, signed today a loan agreement of US $ 40 million line of credit (LOC) to support infrastructure and corporate development in Nigeria.