January 13, 2015
Seychelles: Fund for African Private Sector Assistance to Support Micro, Small and Medium Enterprises in the Seychelles
A US $1 million Fund for African Private Sector Assistance (FAPA) grant agreement to finance the Seychelles MSME Development Project, was signed on Monday, December 29, 2014,… Read more »
January 09, 2015
Uganda: African Water Facility to Help Tackle Food Insecurity, Flooding and Droughts in Uganda and South Sudan.
The African Water Facility (AWF) announced on January 9, 2015 that it has offered a €1.97 million grant to the Nile Equatorial Lakes Subsidiary Action Program (NELSAP) to… Read more »
December 18, 2014
Burundi: AfDB Donates U.S. $10 Million to Reform Economic Governance in Burundi
On December 18, 2014, the Board of Directors of the African Development Bank (AfDB) Group approved a donation of US $10,249,000 to the Republic of Burundi, from the resources of… Read more »
December 19, 2014
Kenya: Lake Turkana Wind Power Project Nominated Power Deal of the Year in 2014
The Lake Turkana Wind Power Project (LTWP) reaches financial close following an eight-year journey. Read more »
December 16, 2014
Ethiopia: Sefa to Support Dventus Technologies in the Manufacturing of Smart Meters in Ethiopia
The Sustainable Energy Fund for Africa (SEFA) approved a US $842,000 grant to dVentus Technologies - a technology-based and knowledge-driven company focused on the development of… Read more »
December 10, 2014
Uganda: The Bank Group Approves Second Phase of Uganda Markets and Agricultural Trade Improvement Program
The Board of Directors of the African Development Bank Group, during its ordinary sitting on Tuesday December 10, 2014 in Abidjan, approved the second phase of Uganda's Markets and… Read more »
December 09, 2014
Africa: AfDB Participates in Rockefeller Foundation Africa Partnership Forum Held in Nairobi
On December 8-9, 2014 the Africa Forum on Inclusive Economies was held in Nairobi, Kenya. This year's forum was the second bi-annual convening of the Rockefeller Foundation Africa… Read more »
November 26, 2014
East Africa: AfDB Approves Major Drought Resilience and Sustainable Livelihood Programs in Four Horn of Africa Countries
The Board of Directors of the African Development Bank Group (AfDB) has approved a US $133-million program that will help countries in the Horn of Africa region break free from… Read more »
November 20, 2014
Southern Africa: AfDB and the Alliance Forum Foundation Sign Grant Agreement to Provide Microfinance Training Program in Eastern and Southern Africa
The African Development Bank (AfDB) has signed a Grant Agreement with the Alliance Forum Development Programme (Zambia) Limited, for the advancement of microfinance in the Common… Read more »
Rwanda: Rwanda to Receive U.S. $74.47-Million AfDB Loan to Finance Transport Sector Support Project
The Board of Directors of the African Development Bank has approved a US $74.47-million loan to finance the first phase of Rwanda's Transport Sector Support Project. The project… Read more »
November 19, 2014
Somalia: African Water Facility Helps Build Resilience to Climate Change for Millions of Pastoralists in Somalia
The African Water Facility (AWF) announced on Wednesday, November 19 that it has offered a €3-million grant to the Republic of Somalia to support a project designed to build… Read more »
Kenya: Rural and Low-Income Kenyans to Benefit From AfDB Energy Loan
The Board of Directors of the African Development Bank Group (AfDB) has approved a loan of US $133 million to the Republic of Kenya to increase electricity access for low-income… Read more »
November 11, 2014
Kenya: 2014 Presidential Awards for Excellence - Trophy Goes to Kenya Highway Project
"These trophies, which reflect our culture of excellence, are for those who have gone beyond the call of duty and have done excellent work in exceptional conditions", African… Read more »
Congo-Kinshasa: Kaberuka Presents 2014 AfDB Presidential Awards for Excellence to Projects in Kenya, DRC and Morocco
The President of the African Development Bank, Donald Kaberuka, recognized three Bank-financed projects for their excellence during the inaugural Presidential Awards ceremony which… Read more »
November 07, 2014
Africa: Madagascar to Receive U.S$37-Million AfDB Crisis Response Budget Support Loan
Following approval of combined 2014-2016 Interim Country Strategy Paper (I-CSP) & Portfolio Performance Review (CPPR) Read more »
Africa: AEC Voices - African Union Commission Chairperson, Nkosazana Dlamini Zuma
"We want a continent of good governance, democracy, respect of human rights, gender equality, justice and the rule of law" - Nkosazana Dlamini Zuma, at the Opening Ceremony of the… Read more »
November 06, 2014
Africa: AfDB Approves US $148 Million Line of Credit to Equity Bank Limited
The African Development Bank (AfDB) approved on November 5, 2014 in Abidjan a US $148 million multi-sector senior Line of Credit (LoC) to Equity Bank Limited of Kenya (Equity Bank)… Read more »
Africa: AfDB President to Attend African Business Roundtable On Ebola in Addis Ababa, Ethiopia
The President of the African Development Bank, Donald Kaberuka, will attend the African Business Roundtable on Ebola in Addis Ababa, Ethiopia, on November 8, 2014 at the African… Read more »
Africa: US Treasury Secretary Visits AfDB-Financed Power Supply Sub-Station in Tanzania in the Context of Power Africa
US Treasury Secretary Jacob Lew recently paid a visit to the Sokoine electricity supply sub-station in the Ilala District of Dar es Salaam, Tanzania. The expansion of the… Read more »
Africa: US Treasury Secretary Visits AfDB-Financed Power Supply Sub-Station in Tanzania in the Context of Power Africa
US Treasury Secretary Jacob Lew recently paid a visit to the Sokoine electricity supply sub-station in the Ilala District of Dar es Salaam, Tanzania. Read more »
November 04, 2014
East Africa: AfDB Reaffirms its Support to Geothermal Development in East Africa
Over the course of the 5th African Rift Valley Geothermal Conference (ARGeo C-5), the African Development Bank (AfDB) has clearly reaffirmed its on-going support to the development… Read more »
November 01, 2014
Ethiopia: AEC Voices - Eugene Owusu, UNDP Resident Representative in Ethiopia
Eugene Owusu, United Nations Resident Coordinator and UNDP Resident Representative in Ethiopia, speaks on the paradigm shift in our culture that will help promote knowledge and… Read more »
October 31, 2014
Comoros: Sefa Grants Comoros U.S.$ 480,000 to Facilitate Private Sector Investments in Renewable Energy Sector
The Sustainable Energy Fund for Africa (SEFA) approved on Thursday, 30 October 2014, a US$ 480,000 grant for technical assistance to the Government of the Union of Comoros for a… Read more »
October 27, 2014
East Africa: Leaders Commit Billions in Major New Development Initiative for the Horn of Africa
UN Secretary-General, WBG and IsDBG Presidents, and other Agency Heads Visit Region to Link Peace Efforts with Economic Progress Read more »
October 15, 2014
Africa: Register to Attend the 9th African Economic Conference / 1-3 November 2014 in Addis Ababa
The 9th African Economic Conference (AEC) will take place at the UN Conference Center, Addis Ababa, Ethiopia, from November 1st to 3, 2014 under the theme "Knowledge and Innovation… Read more »