After the Senior Management Committee has completed its work and recommended the project or programme for Board approval, a draft project proposal is submitted to all parties involved including the Government for review.
Feedback is collected, and the Government is then called for negotiation with ADB. During negotiations, agreement should be reached or reconfirmed on the following: a) Objectives and description of the project, studies or programmes; b) loan amount in foreign and local costs of the project and the financing plan; c) a tentative list of goods and services to be procured; d)the schedule of execution and expenditure; e) the disbursement methods selected by the borrower; f) the tentative schedule of disbursements including the precise information on the account numbers and correspondence banks; g) the procurement methods and dates of bidding announcements; h) the precise information on the executing agency and the project implementation unit; i) proposed realistic date for loan signature and deadlines for first and last disbursements; j) for co-financed projects , respective financing plans, cross-effectiveness and other miscellaneous information.
- 05/03/2015 Global Environment Facility (GEF) supports climate resilience in Uganda
- 18/12/2014 AfDB helps strengthen the resilience of socio-ecological systems in Lake Chad Basin
- 18/12/2014 AfDB donates US $10 million to reform economic governance in Burundi
- 18/12/2014 AfDB makes US $250-million loan to state owned company Transnet in South Africa
- 18/12/2014 AfDB provides US $108 million to repair the Tshikapa-Mbuji Mayi road and rural infrastructure in DRC