The Board of Directors of the African Development Fund (ADF), the concessional window of the AfDB Group, on 29 June, approved a USD 35-million loan to Rwanda. The amount will be disbursed under the country’s Livestock Infrastructure Support Programme (LISP), which will be implemented over four fiscal years, 2011 to 2015.

The LISP is the Bank’s second sector budget support operation in Rwanda. It is aligned with the country’s 2008-2012 Economic Development and Poverty Reduction Strategy.

The Boards of Directors of the African Development Bank (AfDB) Group  today approved a grant of USD67.23 million (Units of Account 42 million) in funding for Phase II of the Gitega-Nyangungu-Ngozi road project in Burundi.

The new finance will be used to fund the Gitega-Nyangungu segment of the road. 

Of the total, USD51.22 million is provided from the resources of the AfDB’s Fragile States Facility (FSF) and USD 16.01 million from the African Development Fund, the Bank Group’s concessional arm.

The Board of Directors of the African Development Fund (ADF) today approved a USD 23.4 million (Unit of Account 15 million) loan to finance The Alternative Learning and Skills Development Project Phase II (ALSDP II), in Tanzania.  

To support its activities in promoting literacy in line with the UN 2003-2012 Literacy Decade, the African Development Bank developed a strategy to guide its interventions in the areas of adult education, including literacy training. The overall goal is poverty alleviation through investments likely to create adequate conditions to achieve the expected results, namely improvement of knowledge base and skills of the African populations and especially women. 

Depuis que l’Union africaine a déclaré, en Janvier 2008, que la Turquie est un partenaire stratégique de l’Afrique, les relations entre le continent et ce pays ont pris des proportions intéressantes.