May 20, 2014
Africa: US Donates $3 Million to African Legal Support Facility
The United States Agency for International Development (USAID) on Monday, May 19 signed a grant agreement to provide the African Legal Support Facility (ALSF) with financial… Read more »
May 16, 2014
Africa: AfDB Moves to Make Eligible Low-Income Countries Access Resources From Its Non-Concessionary Sovereign Window
Eligible low-income African countries can now secure non-concessionary resources from the African Development Bank (AfDB)'s sovereign window, following a policy proposal approved… Read more »
February 06, 2014
West Africa: Kaberuka and UK Special Envoy Pledge to Support "Sahel Action Fund"
African Development Bank President Donald Kaberuka and United Kingdom Special Envoy to the Sahel, Stephen O'Brien, held talks on the Sahel region during a lunch on Wednesday,… Read more »
November 28, 2013
Zimbabwe: Zimfund - Providing Critical Support Towards Zimbabwe's Economic Recovery Agenda
The Zimbabwe Multi-Donor Trust Fund (ZimFund) is a short- to medium-term infrastructure development program which supports Zimbabwe's economic recovery by improving the quality of… Read more »
November 03, 2013
Mali: AfDB Plays a Key Role in Donor Coordination in Mali
The African Development Bank (AfDB) has been engaged in Mali for nearly 40 years with an active portfolio amounting to 100 billion CFA francs. Read more »
October 10, 2013
Mali: Mali to Receive U.S. $75.5 Million Soft Loan to Finance a Drinking Water Supply Project
The African Development Bank Group approved on Wednesday, October 9 a US $75.5 million (UA 50 million) soft loan for Mali to help the country finance a drinking water supply… Read more »
October 03, 2013
Africa: Red Cross Red Crescent and AfDB Enter Partnership On Food Security and Disaster Risk Reduction
The International Federation of Red Cross and Red Crescent Societies (IFRC) and the African Development Bank (AfDB) signed a Memorandum of Understanding (MoU) on Thursday, October… Read more »
Sudan: AfDB Grants U.S. $3.2 Million for Technical Assistance to Sudan for PRSP Preparation
On Thursday October 3, 2013, the African Development Bank (AfDB) and the Government of Sudan signed a Protocol of Agreement for Technical Assistance for the preparation of a full… Read more »
September 17, 2013
Senegal: Grand Dakar Moves Into the Fast Lane With the Opening of Its Toll Highway
AfDB remains a key stakeholder in Senegal's integrated infrastructure development projects. The new toll highway, which runs through Grand Dakar, is yet another example of this… Read more »
September 13, 2013
Guinea: AfDB Funds Conakry Electricity Network Rehabilitation and Extension Project
The African Development Bank (AfDB) Group will support Guinea's Conakry Electricity Network Rehabilitation and Extension Project (PREREC2) with a loan and a grant totaling US… Read more »
September 02, 2013
Africa: The AfDB Grants U.S $1.5 Million to Flood Victims and to the University of Nyala in Darfur
The African Development Bank (AfDB) and the Government of Sudan on Wednesday, August 28, 2013, signed two Protocol of Agreements in which the Bank provided Emergency Assistance of… Read more »
August 30, 2013
Congo-Kinshasa: Democratic Republic of Congo Gets $21.5 Million Green Light to Transform Its Vast Forests
The Democratic Republic of Congo (DRC) has won approval of a $21.5 million grant from the Climate Investment Funds (CIF) to jump-start sustainable management of its critically… Read more »
August 14, 2013
Senegal: Technical Assistance to Four Complementary Infrastructure Ppp Projects in Senegal
The AfDB approved loans for four private infrastructure projects in Senegal between July 2009-December 2010: Read more »
July 25, 2013
Africa: Uganda Community Agricultural Infrastructure Improvement Programme
Transport constraints in many rural communities in Eastern and Central Uganda made it extremely difficult for farmers to market their produce. Read more »
July 20, 2013
Africa: Africa's Institutions Endorse AfDB's Africa50 Fund to Support Infrastructure Financing
In a joint declaration issued in Tunis, Tunisia, on 19 July 2013, African institutions endorsed the AfDB's Africa50 Fund as Africa's vehicle to facilitate large-scale mobilization… Read more »
July 17, 2013
Africa: Multilateral Development Institutions Support a Robust Vision for Sustainable Development in Post-2015
The leaders of seven multilateral organizations have issued a joint appeal for global support of a report issued by a high-level UN panel that calls for ending extreme poverty and… Read more »
Africa: AfDB Approves Up to Us $150 Million Line of Credit to Fidelity Bank in Support of Nigeria's Economic Growth
The Board of Directors of the African Development Bank (AfDB) approved today a US $75-million medium-term line of credit (LoC) to Fidelity Bank Plc to fund selected projects in… Read more »
July 09, 2013
Africa: Online Submissions Are Open for African Economic Conference 2013 On "Regional Integration in Africa"
Many arguments for speeding up the regional integration process in Africa have been advanced from many quarters - political leaders, economists in government and the private… Read more »
July 08, 2013
Africa: AfDB and Sefa Provide Usd 7.5 Million to Support Geothermal Potential in Djibouti
A new project supported by the African Development Group (AfDB) plans to exploit the geothermal potential in the Lake Assal region to enable Djiboutian population's access to a… Read more »
July 02, 2013
Africa: Us President Obama Praises the AfDB for Power Africa Partnership
U.S. President Barack Obama has praised the African Development Bank (AfDB) for its partnership in his Power Africa initiative - which aims to double energy in sub-Saharan Africa… Read more »
July 01, 2013
Africa: AfDB Supports Sierra Leone in Paving the Way for a Greener Growth
Sierra Leone has made impressive social and economic progress in the ten years since the Civil War ended, and has succeeded in establishing democratic institutions at both central… Read more »
June 27, 2013
Africa: AfDB's Kaberuka Heads to Tanzania - Energy in Focus
African Development Bank (AfDB): President Donald Kaberuka arrives in Tanzania at the weekend for the visit by US President Barack Obama, whose focus will include an initiative to… Read more »
June 26, 2013
Africa: AfDB Approves U.S.$ 80 Million Loan to Boost Agribusiness in Africa
The Board of Directors of the African Development Bank (AfDB) approved on 26 June 2013 a senior loan of USD 80 million in local currencies for OLAM Africa Investment Program (OAIP)… Read more »
Africa: Millennium Development Goals 2013 Report - Assessing Progress in Africa
Africa needs to do more to reduce its inequalities if it is to optimize economic growth and see a substantial reduction in poverty, a report (2013) on its progress towards the… Read more »
June 21, 2013
Africa: AfDB Board Approves the Usd$ 5.7 Million Multi Donor Trust Fund for Value for Money, Accountability & Sustainability
The African Development Bank's Board of Executive Directors approved a Multi Donor Trust Fund of US$ $5.7million to support Value for Money, Sustainability and Accountability… Read more »