Post Conflict Reconstruction in Burundi: ADF Supports Job Creation and Poverty Reduction

The Board of Directors of the African Development Fund (ADF) the concessional window of the ADB, approved a loan of 9.81 million Units of Accounts (UA*), equivalent to 15.07 million US dollars, to finance the multi-sector project for socio-economic reinsertion in the country.

The project's sector goal is to contribute to the socio-economic insertion of disadvantaged groups by creating jobs through labour-intensive work for building infrastructure and improving access to social services such as health, education and living conditions.

Cameroon Secures US$ 66 Million ADF Loan for Road Project

Tunis, 15 November 2006 – The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, will support the development of road infrastructure project in Cameroon with the approval of a loan of 44.70 million Units of Account (UA*), equivalent to US$ 66.15 million to finance the Numba-Bachuo Akagbe Road Development Project in the South West Province of the country.

ADF Approves US$ 15 Million Supplementary Loan to Fund Nouakchott Water Supply Project

Tunis, 29 May 2008 – The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, approved on Wednesday in Tunis, a supplementary loan of 9.46 million Units of Account* (US$ 15 million) to finance the provision of safe drinking water from the Senegal River (Aftout Essaheli) to Nouakchott, capital of Mauritania.