December 24, 2008
Africa: Malian President Commissions Work on AfDB -Funded Road Project
Work on the Sékokoto-Bafing et Bafing - Kéniéba - Falémé roads in Mali, funded by the African Development Bank Group, was commissioned on Sunday,… Read more »
December 22, 2008
Africa: AfDB Provides More Than U.S.$ 17 Million to Liberia for Public Financial Management Reform
The African Development Bank (AfDB) Group has approved a grant of UA* 12 million, equivalent to US$ 17.86 million, for Liberia to finance the Public Financial Management Reform… Read more »
December 16, 2008
Africa: AfDB Approves U.S.$ 64 Million for Three Major Road Projects in Ghana
The African Development Bank (AfDB) Group has approved supplementary loans of 43.10 million Units of Account (UA*), about US$ 64.13 million, to help finance the rehabilitation and… Read more »
December 10, 2008
Africa: The AfDB to Mobilize U.S. $450 Million Financing for Guinea Alumina Project
The Board of Directors of the African Development Bank (AfDB) authorized a financing package for the USD 6.3 billion Guinea bauxite mine and alumina refinery project in Guinea.… Read more »
November 25, 2008
Africa: Bank Group President Ends Visit to Niger
The African Development Bank (AfDB) Group President, Donald Kaberuka, on Monday, November 25, 2008, ended his three-day official visit to Niger during which he was received by… Read more »
November 19, 2008
Africa: AfDB and Niger Sign Loan and Grant Agreements
The African Development Bank Group on Monday, November 17, 2008, in Tunis signed agreements for a loan and grant with Niger to finance the Kandadji Ecosystems Regeneration and the… Read more »
Africa: Senegalese Prime Minister Says Global Financial Crisis is Threat to Survival
Senegalese Prime Minister, Cheikh Hadjibou Soumaré, has said it is not an exaggeration to say that the world is fighting for its survival regarding the global financial… Read more »
Africa: Bank Reforms Boost Nigeria's Efforts to Mitigate Impact of Financial Crisis
"The Government of Nigeria will continue with its efforts to consolidate its financial and banking sector reforms in order to cushion the effects of the current global financial… Read more »
October 30, 2008
Africa: AfDB Approves U.S.$ 18.7 Million for Electricity Project in Guinea
The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, on Wednesday in Tunis approved a 12 million… Read more »
October 16, 2008
Ghana: AfDB Approves U.S.$ 32 Million Loan for Ghana's Tema Power Project
The African Development Bank Group's Board of Governors on Tuesday 15 Oct. 2008 in Tunis, approved a US$ 32 million private sector loan to Tema Osonor Plant Limited, a special… Read more »
October 15, 2008
Africa: AfDB and Mali Sign CFAF 23 Billion Budget Support Loan Agreement
The African Development Bank Group and the Malian government have signed an agreement for a budget support loan of 33 million Units of Account (UA*), about CFAF 23 billion to… Read more »
October 08, 2008
Sierra Leone: AfDB Group Approves U.S.$ 16 Million Supplementary Loan for Bumbuna Hydroelectric Project
The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank (AfDB) Group, on Wednesday in Tunis approved a loan of 10.30… 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 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 »
Niger: Governor Expresses Gratitude to Bank Group for Zinder Region Agricultural Development Project
The Zinder Region Governor, Yahaya Yandaka, recently handed over an official document containing testimonies of satisfaction to the AfDB Director of Operations West 1, Janvier… Read more »
August 18, 2008
Mali: Helping the Continent's Food Production Efforts
As part of its efforts to help the continent deal with the issue of escalating food crisis, the African Development Bank (AfDB) Group is helping Mali with its food production… Read more »
August 05, 2008
West Africa: U.S. $23 Million AfDB Grant for Development of West African Monetary Zone
The African Development Bank (AfDB) Group and the West African Monetary Institute (WAMI) on Monday, in Tunis, signed a grant agreement of 14 million Units of Account (UA*),… Read more »
July 30, 2008
Africa: AfDB and Mali Sign U.S. $52 Million Agreements for Water & Sanitation Program
The African Development Bank (AfDB) Group on Wednesday, 30 July 2008, in Tunis, signed a loan and grant agreements of 32 million Units of Account (UA*), equivalent to US$ 52… Read more »
February 28, 2008
Togo: AfDB President on Official Visit to Togo - Prospects to Revive Cooperation
The African Development Bank (AfDB) Group President, Donald Kaberuka, will be on an official visit to Togo from February 29-March 1, 2008. The visit is Mr. Kaberuka's first to the… Read more »
July 22, 2008
West Africa: AfDB and BOAD Sign FCfa 28.7 Billion Investment Agreement
The African Development Bank Group (AfDB) and the West African Development Bank (BOAD) on Monday, in Tunis, signed a financial agreement comprising an equity participation, a line… Read more »
Africa: Togo, AfDB Normalize Relations - Board Approves US $ 24 Million for Togo's Arrears Clearance Program
The Board of Directors of the African Development Bank (AfDB) Group approved on Tuesday, 22 July 2008 in Tunis, US$ 24 million for Togo's arrears clearance program. Read more »
July 18, 2008
Africa: AfDB and Burkina Faso Sign FCFA 30.6 Billion Budget Support Agreements
The African Development Bank (AfDB) Group and the Burkina Faso government have signed a combined loan and grant agreement of 45 million Units of Account (UA*), equivalent to US$… Read more »
July 17, 2008
Mauritania: AfDB Approves U.S. $ 8 Million for Mauritania's Trade & Industry Bank
The Board of Directors of the African Development Bank (AfDB) approved under the private sector window a US$ 8 million line of credit to Mauritania's Trade and Industry Bank (BCI). Read more »
Mauritania: AfDB Approves U.S. $ 5 Million Line of Credit to Mauritania Leasing
The AfDB Group approved under its private sector window a US$ 5 million line of credit (LOC) for Mauritania Leasing (ML), a limited liability company incorporated in May 1998. Read more »