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 »
July 09, 2008
West Africa: AfDB Approves U.S. $ 23 Million Grant for West African Monetary Zone Payment System Development Project
Efforts by the West African Monetary Institute (WAMI) to promote the creation of a single currency in the sub-region by standardizing the payment systems in The Gambia, Guinea and… Read more »
June 27, 2008
Liberia: Liberia Presents Poverty Reduction Strategy to Donors
An African Development Bank (AfDB) Group delegation, led by its vice president, Joseph Eichenberger, last week participated in the 2008 Liberia Poverty Reduction Forum hosted by… Read more »
June 20, 2008
Nigeria: AfDB Approves US $ 85 Million for Lekki Toll Road Project
The Board of Directors of the African Development Bank (AfDB) Group on Wednesday in Tunis approved a senior loan of up to US$ 85 million to help finance the upgrade/rehabilitation… Read more »
Senegal: Bank Group - FAO Working Sessions on Food Security
Officials of the Bank Group’s field office in Senegal on Wednesday in Dakar received an FAO delegation comprising its Senegal Resident Representative, Amadou Ouattara, and… Read more »
June 11, 2008
Africa: AfDB Group Approves U.S. $ 52 Million for Water and Sanitation Project in Mali
Mali will benefit from a combined loan and grant of 32 million Units of Account (UA*), equivalent to US$ 52 million (FCFA 22 billions) to finance a drinking water supply and… Read more »
June 03, 2008
Africa: Benin, AfDB Sign FCFA 12 Billion Loan Agreement to Finance Power Connection Project
Tunis, 3 June 2008 - The African Development Bank (AfDB) Group and the Republic of Benin have signed an agreement for a loan of 17.39 million Units of Account (UA), equivalent to… Read more »
May 29, 2008
Africa: ADF Approves US$15 Million Supplementary Loan to Fund Nouakchott Water Supply Project
Tunis, 29 May 2008 - The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, approved on Wednesday in Tunis, a… Read more »
May 27, 2008
Africa: Bank Group Education Experts Meet With Burkinabe Education Minister
Burkina Faso's Education Minister, Marie Odile Bonkoungou, on Friday in Tunis paid a courtesy call on the AfDB Vice President in charge of operations, Zeinab El-Bakri, and her… Read more »
May 02, 2008
Africa: Accra HLF Africa Region Preparatory Consultation Workshop, Kigali, Rwanda, 28-30 April 2008
The Third High Level Forum on Aid Effectiveness will be held in Accra, Ghana, from 2-4 September 2008. The African Development is a lead sponsor of the Accra Forum which will… Read more »
March 07, 2008
Africa: Ghana, Tanzania and AfDB Sign U.S.$ 153 Million in Loans and Grants for Energy and Poverty Reduction
The Governments of Ghana and Tanzania this week signed loans and grants of a combined amount of US$ 98.8 million to finance energy projects, underscoring the African Development… Read more »
