September 24, 2009
Africa: Financing of a Water Supply and Sanitation Service Project for Urban Poor in Ghana
The African Development Bank (AfDB) Group has approved a €1,979,000 grant to finance the a water, sanitation and hygiene service delivery project designed to help… Read more »
September 25, 2009
Africa: AfDB Partners Mobilize U.S.$ 1.2 Billion to Support Ghana's Cocoa Sector
The African Development Bank (AfDB) Group and other partners will sign on September 25, 2009, in Paris, a USD 1.2 billion pre-export facility to support the Cocoa Board of Ghana… Read more »
September 18, 2009
West Africa: AfDB Invests U.S.$ 10 Million in West Africa Emerging Market Fund
The WAEMF is sponsored by three well recognized institutional investors (Colina, NSIA and CNPS) and by Phoenix Capital Management (PCM), a local investment partner. Both Colina and… Read more »
Africa: AfDB Approves U.S.$ 175 Million Loan for Mining Operation in Mauritania
The National Industrial and Mining Company (SNIM) Guelb II Project involves developing an existing mine and constructing a new iron ore enrichment plant for the production of an… Read more »
Africa: AfDB and Guinea Bissau Sign Grant Agreement
Guinea Bissau's Economy Minister and AfDB Governor, Maria Hélena Nosoline Embalo, and the AfDB Senegal Field office Resident Representative, Mohamed H'Midouche, on… Read more »
September 15, 2009
Africa: AfDB Reaffirms Support to Benin's Development Efforts
Receiving President Boni Yayi and his ministerial delegation on Friday, 11 September 2990 in Tunis, the AfDB Group President, Donald Kaberuka, assured of the Bank Group's… Read more »
September 11, 2009
Africa: Staff of US Senate Foreign Relations Committee Visits AfDB Office in Ghana
Ms. Nilmini Rubin, a senior member of staff on the U.S. Senate's Foreign Relations Committee (which has oversight over the Multilateral Development Banks) recently visited Ghana as… Read more »
September 10, 2009
Africa: President Boni Yayi in Tunis for Talks on Future Cooperation
Location: Tunis, Tunisia Read more »
September 07, 2009
Africa: U.S.$ 30 Million to Finance Helios Shared Telecom Infrastructure Project
The project consists of a countrywide expansion of a shared telecommunication infrastructure network. The provision of shared facilities by Helios Towers Nigeria (HTN) provides the… Read more »
September 03, 2009
Africa: U.S.$ 78 Million Loan for Water and Sanitation Project in Nigeria
The project has two broad objectives: Read more »
July 22, 2009
Africa: U.S.$ 50 Million to Support Zenith Bank PLC of Nigeria
Over the past 18 months, the impact of the global financial crisis has resulted in commercial lenders retreating from transactions and funding lines being withdrawn or cut… Read more »
July 16, 2009
Africa: AfDB Approves U.S.$ 12 Million for Administrative Capacity Building Project in Guinea Bissau
The project is designed to improve the supply, conditions and quality of vocational training in administration; help to build capacity in the economic, financial and administrative… Read more »
Africa: AfDB Approves Fcfa 32 Billion Loan for Dakar-Diamniadio Highway
The project, which involves the construction of a 31.60-km highway with toll stations, will provide a rapid link between Dakar and Diamniadio, gateway to a new economic development… Read more »
Africa: Senegal, Mozambique, Guinea Bissau and Comoros Share U.S.$ 113.85 Million AfDB Group Funding
Senegal will receive a loan of CFAF 32.4 billion, equivalent to US$ 69.85 million (UA 45 million), to finance the Dakar-Diamniadio highway construction project, approved by the… Read more »
June 30, 2009
Africa: Presentation of African Economic Outlook
Location: Monrovia, Liberia Read more »
June 26, 2009
Africa: Presentation of the 2009 African Economic Outlook
Staff from the Development Research Department of the Chief Economist Complex (ECON) and the Ghana Field Office launched the 2009 African Economic Outlook (AEO) Friday 26 June… Read more »
Africa: Ghana-Presentation of the 2009 African Economic Outlook
Location: Bujumbura, Burundi Read more »
June 17, 2009
Africa: U.S.$ 40.65 Million Grant for Lungi-Port Loko Road
The 65-km road project, which forms part of the country's economic development and poverty reduction strategy, aims at closing infrastructure gaps and promoting private sector… Read more »
June 15, 2009
Africa: Liberia-Approves U.S.$ 5 Million Loan for Liberian Development Bank
The subordinated facility will provide LBDI with the required funding to meet the increasing demand for long-term financing from certain key sectors of the Liberian economy… Read more »
June 10, 2009
Africa: Burkina Faso - AfDB Participates in Fifth Edition of "Walk Against Hunger"
For the fifth time in a row, the World Food Programme (WFP), in partnership with Burkina Faso's Ministry of Basic Education and Literacy and civil society organizations, on June 7,… Read more »
June 01, 2009
Africa: African Water Facility and Liberia Sign a Grant Agreement
The Government of Liberia, represented by Augustine Kpehe Ngafuan, Minister of Finance, and the African Water Facility (AWF), represented by Andrianarison Rakotobe, Director,… Read more »
May 28, 2009
Africa: U.S.$ 66 Million ADF Loan for Irrigation Programme
The programme, approved by the Board of Directors of the African Development Fund (ADF), the concessionary window of the Group on Wednesday in Tunis, is designed to contribute to… Read more »
May 22, 2009
Africa: Liberia's Finance Minister Eyes Even More Productive Engagements With AfDB
Liberia's Finance Minister, Augustine K. Ngafuan, has expressed a strong desire for his country to engage the African Development Bank in a more productive way. Read more »
May 20, 2009
Africa: Water Development-Afdb Signs Grant Agreement With Guinea Bissau
Guinea Bissau, May 16th, 2009 - The Bank Group's Vice President for Infrastructure was in Guinea Bissau on Saturday, May 16th, 2009, for the signing ceremony of the Grant Agreement… Read more »
May 14, 2009
Africa: AfDB Draws Curtain On 2009 Annual Meetings - Côte d'Ivoire Scheduled to Host 2010 Annual Meetings
The Annual Meetings of the African Development Bank (AfDB) Group ended on Thursday, May 14, 2009, in Dakar, Senegal, after two days of intensive discussions on pressing economic… Read more »