United Bank for Africa (UBA) Liberia Limited has signed a $10 million financing deal with Liberia's leading telecom company, Lonestar Limited; a company owned 51% by MTN Communications Limited for a network expansion programme. The deal is one of the biggest single projects financing by a commercial bank in the country and underscores UBA Group's role in project financing across Africa.
The second phase of the Dar es Salaam-Isaka-Kigali/Keza-Musongati Railway project study will cover the existing 970-km Dar es Salaam-Isaka railway link and its extensions.
The objective of the project is to help reduce rural poverty in Uganda by facilitating access to and utilization of affordable financial and business development services for an estimated 1.4 million rural poor in the country's districts.
In July 2007, the Presidents and the Boards of the African Development Bank (AfDB) and the International Fund for Agricultural Development (IFAD) requested a joint evaluation of agriculture and rural development (ARD) policies and operations of both institutions in Africa. Undertaken jointly by the independent evaluation offices of both institutions, the evaluation had four objectives. These were ...
The World Summit on Food Security, which is being held in Rome between 16 and 18 November 2009, is being fully supported by the African Development Bank (AfDB).
One of the key resolutions aims at strengthening, pursuing and improving reforms of existing public procurement systems so as to make them more effective, efficient and transparent, through institutional capacity building and by ensuring systemic integrity. This will strengthen good governance and accountability in public finance as well as improved social services and poverty reduction.
The Private Sector Department of the African Development Bank (AfDB) is organizing a "Business Opportunities Seminar" (BOS) to be held in Nairobi on November 19, 2009.
On 16-17 November 2009, the African Development Bank (AfDB) is hosting in Tunis the high-level forum on public procurement reforms in Africa. The forum is an opportunity for African governments (and the IFIs) to discuss and agree on the process that will emphasize African priorities regarding the use of procurement systems in African countries as a mandatory means for medium- and long-term ...
The first African Water Week was organized by the AfDB jointly with the African Ministers's Council on Water (AMCOW) and held in March 2008, in Tunis. Having gathered more than 500 participants, the event was considered as a tremendous success. One of the main outcomes was a Ministerial Declaration on Accelerating Water Security for Africa's Socio-Economic Development.
SUSTAINABLE Capital, an asset manager based in Mauritius, last week launched Africa's first sustainable investment fund, with seed capital from Sanlam Investments.
