August 10, 2009
Africa: AfDB - Interim President Launches Third Axis of Bank-Funded Road Project
The ceremony, held at Lastourville in Mulundu Department in the south-eastern part of the country, involved the launching of construction and paving of a 92-km long and 7-meter… Read more »
August 04, 2009
Africa: Gabon to Launch Largest AfDB Road Project
Tunis, August 3 2009 - The first Phase of a major road project in Gabon, the largest ever financed by the African Development Bank (AfDB) Group in the transport sector in a… Read more »
July 22, 2009
Africa: AfDB-World Bank Joint Partnership Strategy With Central African Republic
Designed to promote strong economic growth and employment, the Strategy focuses on two key pillars: The Consolidation of Economic Governance and Institutional Capacity; and the… Read more »
July 02, 2009
Africa: Rwanda - U.S.$ 25 Million for Rural Water and Sanitation Programme
The funding, comprising a UA 10 million African Development Fund (ADF) grant and a UA 6 million grant from the Rural Water Supply and Sanitation Initiative (RWSSI) Trust Fund, was… Read more »
June 24, 2009
Africa: Burundi - U.S.$ 15 Million Job Creation Support Grant
The project is the third Bank operation in Burundi which focuses on poverty reduction through actions aimed at creating jobs and strengthening the productive base using labour… Read more »
June 19, 2009
Africa: Bank Group and Chad Sign Grant Agreement
The Bank Group and Chad on 17 June, 2009, in N'djamena signed an African Development Fund (ADF) grant agreement of Uunits of Accounts (UA) 31.61 million to finance the Koumra-Sarh… Read more »
June 03, 2009
Africa: U.S.$ 47 Million ADF Grant for Koumra-Sarh Road
Tunis, June 2, 2009 - The Republic of Chad will receive a grant of 31.61 million Units of Account (UA*), about US$ 47.34 million, approved on Tuesday in Tunis by the Executive… Read more »
Africa: AfDB Approves CFAF 750 Million Equity Investment in Banque Congolaise de l'Habitat
Tunis, June 2, 2009 - The Board of Directors of the African Development (AfDB) Bank Group has approved financing for a CFAF 750-million investment in the Equity of the Banque… Read more »
May 20, 2009
Africa: Third African Ministerial Conference On Financing for Development Addresses
The Third African Ministerial Conference on Financing for Development begins on May 21 and concludes on May 22, 2009 in Kigali, Rwanda. Funded by the AfDB, DFID and UNECA and… Read more »
May 13, 2009
Africa: Interview With the Development Bank of Central African States (BDEAC) President
"It will be nice to make the great job being done by the AfDB to re-launch the economy know," says the Development Bank of Central African States (BDEAC) President, Anicet-Georges… Read more »
May 07, 2009
Africa: U.S.$ 45 Million ADF Budget Support Grant for Poverty Reduction Programm
The overall goal of the PRSSP III approved by the ADF Board on Wednesday in Tunis is to contribute to economic growth and poverty reduction in Rwanda in line with the strategic… Read more »
Africa: AfDB Grants U.S.$ 97 Million Budget Support to DRC to Mitigate Impacts of Financial Crisis
The African Development Bank (AfDB) Group Board of Directors approved in Tunis on Wednesday, an African Development Fund (ADF) grant of UA 65 million (US$ 97.18 million) to the… Read more »
May 06, 2009
Africa: AfDB Group Approves Over U.S .$235 Million for Five Operations in Sierra Leone, Kenya, DRC and Rwanda
The Boards approved 10 million Units of Account (UA*), equivalent to US$ 15 million, from the AfDB/ADF grant under the Supplemental Support Window of the Fragile States Facility… Read more »
March 25, 2009
Africa: AfDB Supports Butare-Kitabi-Ntendezi Road Project
The objective of the project is to open up the rural areas to increase sub-regional trade. Specifically, The Butare-Kitabi-Ntendezi Road Project aims at facilitating the movement… Read more »
March 18, 2009
Africa: Donor Round-Table on Tanzania-Rwanda-Burundi Railway Project Ends on Positive Note in Tunis
A donor round-table on the Tanzania-Rwanda-Burundi railway project that started on Monday, March 16, 2009, ended on Tuesday in Tunis, Tunisia, on a positive note as the project was… Read more »
Africa: Round-Table on Tanzania-Rwanda-Burundi Railway Project Continues
A round-table on the Tanzania-Rwanda-Burundi Railway project that started on Monday, March 16, 2009, continued on Tuesday in Tunis with deliberations split in three sessions. Read more »
March 17, 2009
Africa: AfDB, Rwanda and Burundi Sign Draft Agreement on Road and Electricity Projects
The Bank Group on Monday, March 16, 2009, in Tunis signed a loan agreement of Units of Account (UA) 100 million for the Nyamitanga-Ruhwa-Ntendezi-Mwittyazo multinational road… Read more »
March 13, 2009
Africa: AfDB and Rwanda Sign Grant Agreements for Skills and Enterprise Development
The agreements were signed by Rwanda's Finance Minister, James Musoni, and the Bank Group's Field Office Resident Representative, Jacob Diko Mukete. Read more »
March 12, 2009
Africa: AfDB Group Approves U.S.$ 47 Million for Congo Basin Conservation
The objective of the Programme is to contribute to the sustainable and concerted management of forest resources and protected areas representing the biological diversity and… Read more »
Africa: AfDB Group Supports Environmental Conservation in Angola
The Environmental Sector Support Project (ESSP) aims at strengthening the legal, policy, institutional and regulatory framework in support of environmental conservation and… Read more »
February 27, 2009
Africa: CBFF Governing Council Holds Two-Day Meeting in DRC
The 4th Governing Council meeting of the Congo Basin Forest Fund (CBFF) will take place from 2-3 March 2009 in Kinshasa, Democratic Republic of Congo (DRC). Read more »
Africa: The Governing Council of the Congo Basin Forest Fund Meet on 2-3 March 2009 in Kinshasa
The 4th Governing Council meeting of the Congo Basin Forest Fund (CBFF) will take place on 2 and 3 March 2009, in Kinshasa, Democratic Republic of Congo (DRC). Read more »
January 28, 2009
Africa: Cameroon - US.$ 61 Million Funding for Water and Sanitation
The African Development Bank (AfDB) Group Board of Directors has approved a loan of 40 million Units of Account (UA)*, equivalent to US$ 61.6 million, to help finance a Semi-Urban… Read more »
December 04, 2008
Africa: AfDB Grants U.S.$7.45 Million to DRC and Congo for Transport System Improvement Project Study
The Board of the African Development Bank (AfDB) Group met on Wednesday, December 3, 2008, and approved an African Development Fund (ADF) grant of UA* 5 million, equivalent to US$… Read more »
November 27, 2008
Africa: The AfDB Supports Reforms in Burundi
The African Development Bank (AfDB) Group Board of Directors has approved a Grant of 14 million Units of Account (UA)*, equivalent to US$ 20.8 million, to help finance Burundi's… Read more »
