Lusaka, 1 Aug. 2008 -- The African Development Bank President, Donald Kaberuka, on Friday in Lusaka signed an agreement for a grant of US$ 500,000 to help provide relief to victims of recent flash floods in Zambia.

Mr. Kaberuka, who arrived in the Zambian capital on Thursday, said the grant was to help ease the plight of those affected by the flooding in parts of Zambia in 2007.

Climate Investment Funds Partnership Forum Opens in Cape Town, South Africa

African efforts on climate action received a welcome boost today with approval of a ground-breaking renewable energy project in Morocco that should be a game-changer for solar power at large-scale.

Lusaka, 30 July 2008 -- The President of the African Development Bank Group, Donald Kaberuka, begins a two-day official visit to Zambia from Thursday 31 July to 2 August 2008.

While in the Zambian capital, Lusaka, Mr. Kaberuka will hold talks with top government officials, including Vice President Rupiah Banda as well as Finance and National Planning Minister, Uganda Peter Magande. He will also participate at the official opening of the AfDB Zambia Field Office in Lusaka.

Lilongwe, 30 July 2008 – The African Development Bank (AfDB) Group has more than doubled its soft-loan window funding for Malawi, the Bank Group’s President, Donald Kaberuka, said in Lilongwe, Malawi, on Wednesday.

"Under our new soft loan lending cycle (2008-10), Malawi will receive a significant allocation -- more than doubling its level of previous resources to just under US$ 200 million," Mr. Kaberuka said at the official opening of the AfDB Malawi Country Office. 

He said the decision was based on Malawi’s good economic performance.

The Board of Directors of the African Development Bank (AfDB) Group on Tuesday approved a USD 48-million budget support grant to finance Liberia’s Economic Governance and Competitiveness Support Program. The grant is provided from the Bank’s Fragile State Facility.

The program aims to: