Tunis, 19 November 2008 – The African Development Bank (AfDB) has approved US$ 97.2 million (33.84 million Euros and 53.34 million dollars) loan to finance Morocco’s 10th Drinking Water Supply Project, bringing the Bank Group’s overall commitment in the country to US$ 5.64 billion in 93 operations since the Bank started operations in the country in 1970.

Le conseil d’administration du Groupe de la Banque africaine de développement (BAD)  a approuvé le financement du projet d’infrastructures rurales, pastorales et de transhumance (PIRPT) au Tchad, pour un montant de 11,5 millions d’euros dont 50% de prêt et 50% de dons. Ces fonds seront prélevés sur les ressources du Fonds Africain de Développement (FAD, guichet concessionnel du Groupe de la BAD).

Le PIRPT sera mis en œuvre sur une durée de cinq ans (2011-2016).

The financial crisis is an additional burden to African leaders already saddled with a food crisis hurting Africans. The African Development Bank (AfDB) is at the forefront of efforts aimed at finding a solution to the problem. In this regard, it has added US$1 billion to its agricultural portfolio, taking it up to US$ 4.8 billion. It has also restructured some of its agricultural portfolio to provide a rapid disbursement facility to the tune of US$ 250 million.

Projects in Chad, Mali, Senegal and Uganda

The African Development Bank (AfDB) approved, during its regular session held on 6 July 2011, four development projects totaling USD 157 million.

Tanzania, November 11, 2008 - CRMU, in collaboration with the TZFO and Lawyers' Environmental Action Team (LEAT), organized a seminar under the title "Civil Society and Communities:  Information and Access to  the Independent Review Mechanism of the African Development Bank" on 11th -12th November, 2008 at Blue Pearl Hotel in Dar Salaam. The event was attended by forty participants, representing NGOs, the media, and local communities from nine different regions in Tanzania.  Mr. Per Eldar  Sovik, the Director of the CRMU opened the workshop.  Mr.