In its continued efforts to promote economic growth and reduce poverty in Mali, the African Development Bank (AfDB) has approved a general budget support loan of USD 53 million for the west African country.

The AfDB Board of Directors approved the loan on 26 October 2011to finance the Second Growth and Poverty Reduction Strategy Support Programme for Mali (GPRSSP-II). The action follows three years of good economic performance which has resulted in notable poverty reduction in Mali.

The Board of Directors of the African Development Bank (AfDB) recently approved a loan of USD 8 Million to finance the Lake Harvest Aquaculture project on Lake Kariba in Zimbabwe. This loan will help Lake Harvest Aquaculture expand its tilapia fish farming significantly and provide an important supply of affordable protein to the sub region. In total, development finance institutions together, in partnership with the AfDB, are providing USD 20 million in loans towards the project.

La Banque africaine de développement (BAD) et le gouvernement tunisien ont signé aujourd’hui un accord de financement de 183 millions de dinars tunisiens (95 millions d’euros). Ce financement vise à soutenir le renforcement de l’accès à l’eau potable dans les zones rurales, une des priorités de la Tunisie.

Vingt-trois jeunes professionnels de la Banque africaine de développement (BAD) ont effectué, récemment, une visite au projet de développement agricole intégré  de Kairouan – un projet financé par la BAD. C’était dans le cadre d’un séminaire de formation organisé  par la BAD.

The African Development Bank Board of Directors has approved a USD 24-million loan to finance Zambia’s fourth poverty reduction budget support program. The African Development Fund (ADF) loan is part of USD 159 million budget support operation financed by World Bank ($30 m loan), European Commission ($43.5 m grant), UK’s Department for International Development ($41.6 m grant), Germany ($13.6 m grant), and Finland ($6.8 grant).