The African Development Bank (AfDB) Board of Directors has approved a USD 18 million grant from the Fragile States Facility resources to finance Burundi’s Fifth Economic Reform Support Programme (ERSP V).

The financial closing ceremony for the construction, operation and maintenance of the Henry Konan Bedie Toll Bridge Project in Abidjan ('Abidjan’s 3rd bridge') was held at the White & Case law firm Paris on 28 June in a ceremony attended by the Ivorian Minister of Economy and Finance, Charles Koffi Diby and the Minister of Economic Infrastructure, Patrick Achi.

Le Conseil d’administration de la Banque africaine de développement a approuvé, le 27 juin 2012, une deuxième prorogation de la période couverte par le document de stratégie pays pour Madagascar jusqu’en 2013.

Le Conseil d’administration de la BAD a approuvé, le 27 juin à Tunis, le financement de la réhabilitation et le bitumage de 303 km de route  sur le corridor international Lomé-Ouagadougou, dont 150 km au Togo et 153 km au Burkina Faso. Le projet comporte également des aménagements connexes tels que la construction de plus de 100 km de pistes rurales, la réhabilitation d’infrastructures sociales et d’appui aux femmes, ainsi que deux volets importants pour la facilitation du transport et le renforcement des capacités.

The Board of Directors of the African Development Bank (AfDB)  approved on Wednesday, a 1-billion South African rand (ZAR) (About USD 117 million) sovereign guaranteed line of credit to the Land and Agricultural Development Bank of South Africa  for on-lending to the country’s emerging farmers, commercial farmers as well as to agricultural cooperatives and agri-related businesses. The support will help to mobilize financial resources for the agricultural sector, ultimately contributing to job creation and income generation.