The Transport Sector Reform Programme (TSRP), which funding was today approved by the ADB with a budget support loan of 240 million euros (about 2.7 billion dirhams), aims at improving the contribution of the transport sector to the national economy by liberalizing the market and reducing transport costs.

Tunis, 3 December 2009 – The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development bank Group (AfDB) Group, approved on 2 December 2009 in Tunis, a USD 245 million (152 million UA*) loan to finance a road sector support project  in Tanzania. This funding constitutes 66% of the total project coast estimated at USD 371 million (UA 230 million).

Tunis, le 2 décembre 2009 -  Le Conseil d’administration de la Banque africaine de développement (BAD) a approuvé, le 2 décembre 2009 à Tunis, un prêt de 100 millions d’UC (équivalent à 109,82 millions d’euros) pour un projet de développement du réseau de transport et de répartition de l’électricité de l’Office National de l’Electricité (ONE) du Maroc.

Le projet permettra l’amélioration de la qualité de service à l’ensemble des abonnés domestiques et industriels de l’ONE et aux régies de distribution.

In order to alleviate the Government’s budget constraints, which remains a major problem for the country, the Board of Directors of the African Development Fund (ADF) has approved on 1st December 2004 in Tunis, a loan amounting to 30 million Units of Account (US$ 50 million), to finance the second Programme of Economic Reform and Good Governance for the Reduction of Poverty. (PER-GROP II)

Tunis, 25 November 2009- The Board of Directors of the African Development Bank (AfDB) approved an equity investment of USD 30 million to the African Infrastructure Investment Fund 2 which is the successor Fund of the African Infrastructure Investment Fund 1 and it will be a closed-end fund with a term of 13 years. The Fund will invest in infrastructure projects such as airport, road, power, telecommunications, rail, port, water and social infrastructure, primarily in Sub-Saharan Africa.