ADF Board Approves US$ 73 million loan

Tunis, 21 December, 2005 – The African Development Fund (ADF) will make available UA 51 million (approximately 73 million dollars or 155 billion Ariary) to the government of Madagascar to finance its national rural drinking water and sanitation supply (DWSS) programme. The ADF Board approved the amount during its weekly meeting in Tunis today.

Tunis, June 2, 2009 – The Republic of Chad will receive a grant of 31.61 million Units of Account (UA*), about US$ 47.34 million, approved on Tuesday in Tunis by the Executive Directors of the African Development Fund (ADF), the concessionary window of the African Development Bank (AfDB) Group.

The Koumra–Sarh Road Development Project is designed to improve the efficacy of the transport logistic chain, the movement of goods and people in the southern part of Chad (Mandoul and Moyen-Chari), reduce transport cost and open up the country.

An Opportunity to Help Developing Countries Benefit from Trade Liberalization

ADF Board Approves US$83 million and US$11.251 million in loan and grant

Tunis, 21 December, 2005 – The Board of the African Development Fund (ADF), the concessionary lending arm of the African Development Bank Group, today approved a loan of UA 58.16 million (approximately US$ 83 million) and a grant of UA 7.9 million (US$ 11.251 million) for road improvement and transport facilitation on the Bamako-Dakar corridor.

Tunis, June 2, 2009 - The African Development Bank (AfDB) approved today a loan of 1.5 billion US$ for Botswana, one of the best managed economies in Africa.  The loan falls within the framework of the recently approved strategy by the Bank to provide support to member countries affected by the financial crisis and is the largest such facility ever granted by the Bank.  The Budget Support Loan is designed to fill part of the gap in the government’s 2009/2010 budget deficit currently estimated at 13.5% of GDP caused by falling commodity prices, particularly diamonds.