May 21, 2010
Africa: AfDB Supports Economic Reforms in Burundi With U.S. $15 Million
The African Development Bank (AfDB) Board of Directors has approved a USD 15 million grant from the Fragile States Facility resources to finance Burundi's Third Economic Reform… Read more »
February 11, 2010
Africa: The Government of Japan Issues Final Approval on Three Fapa Technical Assistance Grants
The Government of Japan has approved three new grants from the Fund for African Private Sector Assistance (FAPA): Read more »
October 08, 2009
Egypt: AfDB Approves U.S.$78.24 Million Loan to Finance Waste Water Treatment Project
The Board of Directors of the African Development Bank (AfDB) Group approved on Wednesday, 7 October 2009 in Tunis, a loan of Euro 53.33 million, equivalent to 48.56 million Units… Read more »
May 11, 2009
Africa: Global Crisis Slashes Output by Half, Says Bank
The prevailing global economic crisis has gravely affected African economics with GDP growth falling by more than half from a projected 5.7% to 2.8% in 2009, according to "African… Read more »
April 06, 2009
Africa: AfDB Approves U.S.$ 2 Million Emergency Humanitarian Assistance to Djibouti, Mozambique, Togo and Zambia
Djibouti will use the assistance to provide food and other support to 55,000 drought victims in five districts (Arta, Ali Sabieh, Dikhil, Tadjourah and Obock.) as well as 6,000… Read more »
October 14, 2008
Kenya: AfDB Africa Food Crisis Response Initiative - Kenya Gets U.S. $12 Million
The African Development Bank Group has approved the immediate release of 7.71 million Units of Account (UA*), about US$ 12 million to Kenya to help the country tackle growing food… Read more »
September 17, 2008
Togo: Bank Group Participates in Donor Round-Table on Togo
A Bank Group delegation led by Operations Director, Janvier Litsé, will participate in a donor round-table on Togo scheduled to take place in Brussels from September 18-19,… Read more »
Ghana: AfDB Group Approves U.S. $141.3 Million Budget Support Loan to Ghana
The Board of Directors of the African Development Fund (ADF), the concessionary window of the African Development Bank (AfDB) Group, has approved a loan of 90 million Units of… Read more »
September 05, 2008
Africa: Accra High Level Forum Adopts Agenda to Improve Efficiency of Development Assistance
The Three-day High Level Forum on Aid Effectiveness ended on Thursday in the Ghanaian capital with the adoption of an 8-page document titled, "Accra Action Agenda to Improve the… Read more »
September 04, 2008
Africa: President Kufuor Calls for Aid to End Aid Dependency
Ghanaian President, John Kufuor, has called on developing and developed countries to deploy and manage development assistance to enable poor countries exit from aid dependency. Read more »
June 18, 2008
Africa: The African Development Bank and World Bank Focus on Improving Regional Integration
“The track record of what African Development Bank and World Bank have achieved over the last several years shows that our partnership with Africa on the regional agenda is… Read more »
May 02, 2008
Africa: African States Prepare for Global High Level Forum on Aid Effectiveness
Kigali, Rwanda, 1 May 2008 – Some 200 delegates from over 40 African states ended a two-day workshop to review implementation of the Paris Declaration on Aid Effectiveness on… Read more »
March 27, 2008
Africa: AfDB Makes Progress on Paris Declaration
The African Development Bank (AfDB) Group has made strong progress in aligning its lending to national priorities of its member states, Vice President for Sector Operations, Zeinab… Read more »
December 11, 2007
Africa: Record Level of Support for the African Development Fund (ADF)
Representatives from donor countries agreed today to a record level of support for the African Development Fund (ADF), the soft window of the African Development Bank. Over the… Read more »
December 10, 2007
Africa: 11th Replenishment of the African Development Fund
4th Replenishment Meeting Read more »
December 11, 2007
Africa: UK Urges International Community to Increase Aid
UK Minister for International Development, Shriti Vadera, on December 10, 2007, addressed the ADF-11 replenishment meeting in London. Following on from the UK decision to double… Read more »
December 05, 2007
Cote d'Ivoire: U.S.$31 Million Grant for Post-Crisis Multi-Sector Institutional Support
Cote d'Ivoire will receive a grant of 20 million Units of Account (UA*), about US$ 31.43 million, approved on Wednesday in Tunis by the Board of Directors of the African… Read more »
Egypt: U.S. $150 Million Loan to Damietta Container Terminal
The Board of Directors of the African Development Bank (AfDB) Group approved on Tuesday in Tunis, a USD 150 million loan to finance the Damietta container terminal situated on… Read more »
November 17, 2007
Africa: UK Doubles Contribution to Development Fund
The United Kingdom announced on Tuesday, 27 November 2007 that it is doubling its contribution to the 11th replenishment of the African Development Fund (ADF XI), the first… Read more »
November 21, 2007
Madagascar: U.S. $15 Million for Manombo Irrigation Area Rehabilitation Project
The Board of Directors of the African Development Fund (ADF) on Wednesday in Tunis approved A loan and a grant with a combined value of 9.5 million Units of Account (UA*) , about… Read more »
Africa: African Development Fund Approves U.S. $ 264 Million Loans And Grants for Kenya, Madagascar And the Gambia
Kenya, Madagascar and the Gambia are the beneficiaries of loans and grants with a combined value of 167.8 million Units of Account (UA*), about US$263.76 million, approved in Tunis… Read more »
November 20, 2007
Mozambique: Three Decades of Development Work
Mozambique and the African Development Bank (AfDB) are celebrating a thirty-year partnership that has registered over a billion dollars in development-related assistance to the… Read more »
November 14, 2007
Angola: AfDB Group Supports Financial Governance
The African Development Bank (AfDB) will support efforts by Angola's government to improve public finance management to sustain economic growth and reduce poverty, following… Read more »
Egypt: U.S.$ 325 Million AfDB Loan for Abu Qir 1300 MW Steam Power Project
In line with its increasing focus on infrastructure development, the African Development Bank (AfDB) will support Egypt's Abu Qir 1300 MW Steam Power Project following the… Read more »
Africa: AfDB Group Supports Energy and Finance Management Projects in Egypt and Angola
The Boards of Directors of the African Development Bank (AfDB) Group approved today in Tunis, loans amounting US$ 334.27 million to finance energy and financial management support… Read more »
