ADF Seeks to Increase Mali’s Agricultural Production
Tunis, 30 November 2005 – Agricultural production in the region of Bamako, Mali, is expected to increase with the support of the African Development Fund. The loan of 14.92 million Units of Account* (US$ 22 million or CFA 11.8 billion) approved by the Board of Directors of the ADF today will finance the Baguineda Irrigation Scheme Intensification Project (30 km to Bamako’s North East, on the right bank of River Niger).
The project will generate an additional production of 7.400 t/year of paddy rice, 11.200 tons of tomato, 8.000 tons of onion and 1,200 tons of maize.
The AfDB Increases Operational Focus on Water and Sanitation
Launches new Department entirely dedicated to Water and Sanitation Issues on the African continent
AfDB Group Approves US$ 36 Million for Road Projects in Malawi
Tunis, Tunisia, 22 May 2009 – The African Development Bank Group will help Malawi to improve its road networks with a loan of 22.98 million Units of Account (UA *), about US$ 34.42 million and a grant of UA 1.124 million (US$ 1.68 million) to, respectively, finance the rehabilitation of the Blantyre-Zomba trunk road and a feasibility and detailed engineering design of the country’s Ntcheu-Tsangano-Neno-Mwanza road link.
Kenya-ADB: Mombasa-Nairobi electricity transmission: Approval of $ 75 Million ADF loan
Tunis, May 6 2009 - The Board of Directors of the African Development Fund on Wednesday in Tunis approved a loan of 50 million Units of Accounts, equivalent to US$ 75 million, to finance the Mombasa-Nairobi electricity transmission line project in Kenya.
The project is designed to facilitate the evacuation of power generated in the Mombasa area to Nairobi and into the national grid. The availability of power from Mombasa will help the country meet current shortfalls and future demand growth for electricity nationally.
Rwanda: US$ 45 Million ADF Budget Support Grant for Poverty Reduction Programme
Tunis, 6 May 2009 – The African Development Fund (ADF), the concessionary window of the African Development Bank (AfDB) Group will support efforts by the Rwandan government to reduce poverty and improve the people’s living conditions, with a grant of 30.3 million Units of Account (UA*), equivalent to US$45.38 million to finance the country’s Third Poverty Reduction Strategy Support Programme (PRSSP-III).
