La Facilité africaine de l’eau (FAE) vient d’octroyer un don de 1.1 million d’euros au Gouvernement du Congo pour accroître l’accès à l’eau potable et l’assainissement à environ 100.000 personnes de cinq centres semi-urbains.

The president of the Mali-based Azalaï Hotels Group, Mr Mossadeck Bally, won the African Business Leadership Award (ABLA), traditionally given at the Annual Meetings of the African Development Bank (AfDB). At the 2011 venue of the Annual Meetings, the president of the AfDB, presented the award to Mr Bally on 8 June, saying: “I am pleased to present today the 2011 African Business Leadership Award to Mr.

The Sustainable Energy Fund for Africa (SEFA) has approved a US $1 million grant to finalize pre-investment activities for a hybrid renewable energy project in Nosy Be Island in Madagascar.

Building on its Kenyan experience in the East African Rift Valley with the Menengai geothermal project, the African Development Bank is working on an ambitious geothermal development program for Africa.

Apart from the gigantic projects such as the 400 MW geothermal development project under implementation in Menengai, Kenya, the AfDB is also working on a series of small-scale geothermal units, adapted to the specific context of each country of the East African Rift Valley having geothermal potential.

The African Development Bank (AfDB) signed on Tuesday, January 29, 2013 an agreement to provide two sovereign-guaranteed multi-tranche lines of credit (LoCs) of respectively US $500 million to Bank of Industry (BOI) and of US $200 million to Nigerian Export-Import Bank (NEXIM) in order to support the modernization and expansion of export-oriented small and medium enterprises (SMEs). The LoCs will allow local SMEs to be more competitive, scale up their operations and ultimately create more jobs in Nigeria.