The Board of Directors of the African Development Bank (AfDB) recently approved a €7 million equity investment in the I&P Afrique Entrepreneurs SME Fund (IPAE). This will allow IPAE to increase access to finance and capacity building for small and medium-sized enterprises (SMEs) and small microfinance institutions (SMFIs) in western and central Africa, thereby boosting income generation and job creation in the region.

Le Conseil d’Administration a approuvé un don de 16 millions d’unités de comptes (équivalents à 24,2 millions de dollars) à la République de Centrafrique, sur les ressources de la Facilité en faveur des États Fragiles (FEF), pour le financement du troisième Programme d’Appui aux Réformes Economiques (PARE III). 

The Board of Directors of the African Development Bank (AfDB) Group, through its private sector window, approved on 18 July 2012 in Tunis, a senior loan of €57.5 million to the Coder Hydropower Project for the design, construction and operation of two run-of-river hydro projects in Ngounie Province and North Gabon. The project consists of two run-of-river hydroelectric power plants, a 70 MW plant in the Ngounie Province and a 52MW plant in north Gabon.

The African Development Bank (AfDB) on Tuesday, July 17, 2012 opened books on its 125 billion Ugandan shilling medium-term note (MTN) programme. The first issue of the programme, which is a 10-year, 12.5 billion Ugandan shilling bond is open for subscription through July 20, 2012. The coupon to be re-priced at two year intervals will be pegged at 85 percent of the yield on Uganda's two-year government bond benchmark.

the Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, approved on Wednesday in Tunis a budget support grant of 26 million Units of Account, or approximately USD40 million, to assist the government of Malawi in cushioning vulnerable groups from the short-term negative impacts of recent economic reforms, and to continue the implementation of public finance management reform measures.