Le Conseil d’administration de la Banque africaine de développement (BAD) a approuvé, le 8 juillet 2015 à Abidjan, un prêt de 112,5 millions  de dollars EU, destiné à soutenir le programme d’appui à la compétitivité de l’économie marocaine (PACEM).

The Sustainable Energy Fund for Africa (SEFA) announced on June 11 that it more than doubled its project portfolio last year, with commitments of USD 6.5 million, for 10 new projects all over the continent during the launch of its 2014 Annual Report.

The Boards of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved debt relief for the Republic of Chad under the Enhanced Heavily Indebted Poor Country (HIPC) initiative in the amount of US $37 million (at end 2000 Net Present Value terms, or approximately US $66.04 million, in nominal terms). This follows a joint assessment of the country in April 2015 by the IMF and World Bank as having attained the HIPC ‘Completion Point’.

The Executive Board of Directors of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved a US $62-million loan to finance the second phase of Kenya’s Support to Technical Vocational Education and Training (TVET) for Relevant Skills Development project.

“Kenya is experiencing a skills gap, mainly for technicians and artisans. This project will play an important role in supporting the emerging oil, gas and mining industry, which intends to employ between 42,000 and 98,000 people over the next 10 years,” said Sunita Pitamber, Director for Human Development.

The African Water Facility (AWF) announced on Wednesday, July 1, 2015 that it is providing a €1.2-million grant to the Government of Ethiopia to improve sanitation and faecal waste management in Arba Minch. The project will benefit over 21,000 people who will have access to improved toilet facilities. It will also boost local agriculture through the provision of new and affordable fertiliser.