October 01, 2009
Africa: Addis Ababa to Host 2009 African Economic Conference
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Africa: Success of a New AfDB U.S.$ 1 Billion Global Bond Issue
"With an orderbook in excess of USD 1.5 billion, this transaction is a testimony of the confidence capital markets have towards the African Development Bank" says the institution's… Read more »
September 30, 2009
Africa: Signing Ceremony Between AfDB and Main One Cable Company
The project totaling USD 240 million will involve the laying of 7,000 kilometers of submarine fiber optic cable between Seixal (a suburb of Lisbon) in Portugal, Accra in Ghana, and… Read more »
Africa: AfDB and Korea Public Procurement Service Sign MOU
The AfDB and the Korea Public Procurement Service (PPS) on Tuesday, September 29, 2009, in Tunis signed a memorandum of understanding (MOU) to enhance collaboration on public… Read more »
September 29, 2009
Africa: AfDB Vice President of Finance Hails Canada's Decision to Increase Callable Capital
The African Development Bank (AfDB) Vice President, Finance, Thierry de Longuemar, has hailed Canada's decision to temporarily make available US$2.6 billion, equivalent to CAD$2.8… Read more »
September 28, 2009
Africa: FAPA Technical Assistance of 178 579 USD to Provide Training and Increase Capacity at the Banque Congolaise de l'Habitat
The Government of Japan and the African Development Bank (AfDB) have approved a grant from the Fund for African Private Sector Assistance (FAPA) of USD 178 579 to provide technical… Read more »
Africa: Board Approves U.S.$ 125.6 Million Loan for Road Project
The main objective of the project is to improve road access in the rural areas of Western Uganda covering Kiruhura, Ibanda and Kamwenge districts. The project will assist in… Read more »
Africa: AfDB Group Approves U.S.$ 47 Million Grant for Bugesera Project
The overall objective of the project is to help reduce poverty. Its specific objective is to improve food security in Bugesera region by increasing agricultural production. PAIR… Read more »
Africa: U.S.$ 190 Million From the AfDB to Link Up Congo and Cameroon
The Ketta-Djoum Road and the Brazzaville-Yaoundé Transport Corridor Facilitation Project will assist in strengthening regional integration in Central Africa. It will enable… Read more »
Africa: African Development Bank's Role in Efforts to Develop and Invest in Africa's Agriculture
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Africa: The African Development Bank Welcomes Canada's Decision to Triple Its Callable Capital to the Institution
The African Development Bank (AfDB) Group welcomes Canada's decision to temporarily make available USD$2.6 billion [CAD$2.8 billion] to AfDB to enable the institution address the… Read more »
September 25, 2009
Africa: AfDB Partners Mobilize U.S.$ 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 24, 2009
Africa: AfDB Chief Economist Addresses Seminar on "Looking Beyond Financial Crisis"
African Development Bank (AfDB) Group Chief Economist, Louis Kasekende, recently visited Ivory Coast to attend the 18th Annual Meeting of the African Capacity Building Foundation… Read more »
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 22, 2009
Africa: AfBD Seeks Resources Increase From G20
The African Development Bank (AfDB) Group is urging on the G20 Summit to increase the institution's resources in order to meet increasing demands for funding to the Bank from its… Read more »
Africa: AfDB President Rings Bell at Wall Street
African Development Bank (AfDB) President, Donald Kaberuka, on Monday, September 21, 2009, rang the opening bell at the New York Stock Exchange (NYSE) located on Wall Street. Read more »
September 18, 2009
Africa: AfDB and Rwanda Sign U.S.$ 25 Million Agreements for Rural Water Supply Project
Tunis, September 18, 2009 - The African Development Bank (AfDB) Group and Rwanda, on Thursday, 10 September 2009 in Kigali, signed two grant agreements of UA 16 million (US$ 25… Read more »
Africa: AfDB President Gives Key Note Address at Africa Investor Summit and Awards at the New York Stock Exchange
The African Development Bank (AfDB) Group President, Mr. Donald Kaberuka, will give the keynote address at the Africa Investor Index Series Summit and Awards scheduled to take… Read more »
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 Microsoft Strengthen Partnership to Increase ICT Access in Africa
Location: Tunisia, Tunis 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: AWF Approves Grant for Regional Water Policy in ECCAS
Bank Group President, Donald Kaberuka, has approved a €1,430,000 grant from the African Water Facility (AWF) for the implementation of the regional water policy within the… Read more »
Africa: AfDB and Chad Sign Grant Agreements
AfDB Vice President, Kamal El Kheshen, and the Chadian Agriculture Minister, Mbailou Naimbaye Lossimian, on Thursday, September 11, 2009, signed two Fragile States Facility grant… Read more »
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 »