Le conseil d’administration du Groupe de la Banque africaine de développement (BAD) a approuvé, ce 10 juillet 2105, l’octroi d’un don au Burkina Faso. D’un montant de 25,35 millions d’euros, ce don accordé via le Fonds africain de développement (FAD) est destiné à financer le Programme d’appui budgétaire au secteur de l’énergie (PASE).

The African Development Bank (AfDB) has approved its first Partial Credit Guarantee of risk management product. The Financial Sector Development Department, led by Stefan Nalletamby, has embarked on a groundbreaking operation that will result in the institution’s first guarantee to cover the exchange risk on foreign borrowing.

The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, July 8, 2015 an equity investment of up to USD 45 million in Atlantic Coast Regional Fund LLC II (or “AFIG Fund II”), a 10-year USD 300 million multi-sector private equity fund that focuses on West, Central and East Africa, including transitional states and low/mid-income countries in that region. AFIG Fund-II is managed by the Advanced Finance and Investment Group (“AFIG Funds”), a Mauritius-registered limited liability company headquartered in Dakar, Senegal.

The Board of Directors of the African Development Bank (AfDB) approved on Friday, July 10, 2015 a two-year €100-million Soft Commodity Finance Facility for Sucres & Denrées Côte d’Ivoire (Sucden CI), a wholly owned subsidiary of Sucden SA in France. This facility will help Sucden CI to expand its pre-financing arrangements with cooperatives and local suppliers in the cocoa sector in Côte d’Ivoire. 

On July 10, 2015, the Board of Directors of the African Development Bank approved the six-year Strategy of the African Natural Resources Center (ANRC). The Strategy is intended to operationalize the Center by spelling out the Center’s strategic approach to assisting governments in their management of the opportunities and challenges of natural resources management (NRM).