Foreign Investments Target Uganda’s Mining Sector

The ADF grant will be utilized to finance the procurement of goods and services for Airborne Geophysical Surveys (airborne data acquisition, compilation of information on surface and sub-surface geology, data processing, interpretation, quality control and publication of these data). It will also finance Laboratories and Geological Storage (procurement of relevant equipment for providing support services to mineral exploration and exploitation programs as well as setting up of rock sample labs and museum).

ADF Supports the Fight Against HIV/AIDS Among Refugees in West Africa

To help alleviate the plight of the refugees, the African Development Fund (ADF) has approved a multinational project in support of a Sub regional HIV/AIDS Programme for the Refugees, Internally Displaced People and their Host Communities in the Mano River Basin Countries and Côte D’Ivoire. A grant of US$ 3.4 million will contribute to this program.

The overall goal of the project is to support the Mano River Basin Countries and Côte d’Ivoire to meet Objective 6 of the Millennium Development Goals (MDGs), which seeks to stop and begin to reverse the spread of HIV/AIDS by 2015.

ADF Supports Education in Cape Verde

The Board of Directors of the ADF on Wednesday in Tunis, approved a grant of 1 million Units of Account (UA), equivalent to 1.46 million US dollars to finance the Education institutional support project in the country.

The project is intended to improve the quality of integrated basic education through the training and strengthening of human resources involved in the educational process. It will improve the management of schools and supervision of teaching as well as the qualification of basic education teachers with a view to enhancing human resources in this sub-sector.