Obtains major debt relief from the ADB

Tunis, 26 July 2006 –The Boards of Directors of the African Development Bank (ADB) and the African Development Fund (ADF) today agreed that Cameroon had effectively met the conditions and reached the completion point under the enhanced framework of the Heavily Indebted Poor Countries (HIPC) Initiative.

Tunis, le 27 novembre 2008-  Le conseil d’administration du Fonds africain de développement (FAD - Groupe de la BAD) a approuvé l’octroi d’un don de  28, 2 millions de dollars US (17,85 millions d’unités de compte*), destiné aux Pays Membres Régionaux (PMR) pour le renforcement de leurs capacités statistiques en vue du suivi des Objectifs du Millénaire pour le Développement (OMD) et de la mesure des résultats. Ce programme multinational couvre 52 pays africains (la Somalie ne faisant pas encore partie du programme).

Tunis, 27 November, 2008 - The African Development Fund (ADB Group) Board of Directors has approved a UA 35 million loan, equivalent to US$ 52 million, to Zambia to finance the Nkana Water Supply and Sanitation Project.

Tunis, 27 November, 2008 – The African Development Fund (ADF) Board of Directors has approved a US$ 148 million (UA* 99,77 million) financing for the Interconnection of Electric Grids of Nile Equatorial Lakes Countries, concerning loans of: UA 17.73 million to Kenya and UA 7.59 million to Uganda, as well as grants of UA 15.15 million to Burundi, UA 27.62 million to the DR Congo, UA 30.47 million to Rwanda, and UA 1.21 million to the Nile Basin Initiative (NBI).

Tunis, 11 August 2006 – The President of the African Development Bank (AfDB) Group, Mr. Donald Kaberuka and the Tanzanian Finance Minister, Mrs. Zakia Meghji,  on Wednesday in Dar es Salaam signed a loan agreement of  50 million Units of Account, equivalent to US$ 74 million or 926 billion Tanzanian Shillings, to support the government’s poverty reduction efforts and to improve social indicators in the country.