Guinea-Bissau’s Economy and Plan Minister, Héléna Maria José Nosolini Embalo; the WHO Resident Representative in Bissau, Allarangar Yokouide; and the African Development Bank (AfDB) Group’s Regional Resident Representative in Senegal, Mohamed H’Midouche; on Friday, February 27, 2009, in Bissau, signed a letter of agreement for the implementation of a US$ 500,000 emergency aid grant in support of efforts at checking a cholera epidemic.

The Board of Directors of the ADB in  Tunis on Monday approved a loan of 100 million Units of Account (UA*), equivalent to 153.60 million U S dollars (121 million Euros), in budget support to finance the Public Administration Reform Support Programme (PARAP).

The goal of the programme is to promote strong economic growth and sustainable development, strengthening the competitiveness of the economy while ensuring medium-term macro-economic viability.

The project hinges on the following four components:

The Bank Group and Kenya on February 18, 2009, signed two loan agreements worth UA 42 Million for the Community Empowerment and Institutional Support Project (CEISP) and the Technical, Industrial, Vocational and Entrepreneurship Training (TIVET) Programme. The CEISP and the TIVET will have UA 17 million and UA 25 million, respectively.

ADF Approves US$ 6 Million Grant

Tunis, 4 December 2006 – The Board of Directors of the African Development Fund (ADF) on Monday in Tunis approved a grant of 4 million Units of Account, equivalent to US$ 6.03 million to support the implementation of a Regional Public Procurement System Reform Project in the West African Economic and Monetary Union (WAEMU) member states.

The objective of the project is to modernize and harmonize public procurement systems in the Union’s member countries by effectively implementing the community’s regulations on public procurement.

Tunis, 12 March 2008 – The Board of Directors of the African Development Bank (AfDB), through its private sector window, has approved a line of credit of US$ 50 million and an equity capital increase of US$ 6.8 million (payable) as well as US$ 40.8 million (callable) to support the Eastern and Southern African Trade and Development Bank, commonly known as the Preferential Trade Area or "PTA" Bank.