Nigeria: AfDB Approves US$ 85 Million for Lekki Toll Road Project
Tunis, 12 March 2008 – The Board of Directors of the African Development Bank (AfDB) Group on Wednesday in Tunis approved a senior loan of up to US$ 85 million to help finance the upgrade/rehabilitation of the Lekki to Epe expressway, linking Victoria Island with the Lekki peninsula in Lagos, Nigeria’s economic capital.
Tunis, 12 March 2008 – The Board of Directors of the African Development Bank (AfDB) Group on Wednesday in Tunis approved a senior loan of up to US$ 85 million to help finance the upgrade/rehabilitation of the Lekki to Epe expressway, linking Victoria Island with the Lekki peninsula in Lagos, Nigeria’s economic capital.
African Development Bank Group resumes its assistance to Congo
The AfDB Vice-President for Central and West operations, Mr. Bisi Ogunjobi, and Congo Minister of Economy, Finance and Budget, Mr. Rigobert Andely, signed today in Tunis a grant agreement of US$ 51.1 million (33.3 million Units of Account or 26 billion FCFA) to finance an arrears clearance programme. Mr Ogunjobi and Mr. Andely also ratified an African Development Fund (ADF) loan agreement, to support the Policy Reform Programme, reaching US$ 10.7 million (UA 7 million).
Uganda and AfDB Sign US$ 197 Million Funding Agreements
Dakar, 12 May 2009 – The African Development Bank (AfDB) Group and the Ugandan government have signed three loan agreements worth 132 million Units of Accounts (UA*), equivalent to US$ 197.7 million to finance projects and programmes in the country.
Malawi and AfDB Group Sign US$ 22 Million Grant Agreement to Boost Small Holder Crop Production
Tunis, 10 November 2006 – Malawi and the African Development Bank (AfDB) Group signed on Thursday in Tunis, agreement for a grant of 15 million Units of Account (UA*), equivalent to USD 22.2 million, to finance a Small Holder Crop Production and Marketing Project in the country.
The Bank Group’s Vice President for Sector Operations, Mrs. Zeinab El Bakri, co-signed the agreement with the Malawian Ambassador to Egypt, Mr. M’Madi Yahaya.
Projet de corridor routier Mombasa-Nairobi-Addis-Abeba : Le Fad soutient le plan d’action à court terme du NEPAD pour l’infrastructure
Le présent projet routier constitue un important tronçon de la route transafricaine allant du Caire au Cap. Soumise à un trafic très dense, elle n’est plus adaptée à sa double vocation de route internationale principale reliant le Kenya et l’Ethiopie, mais aussi de voie transafricaine. Cette situation représente un obstacle physique majeur pour le commerce et l’intégration régionale.
