AfDB Archive

AfDB approves US $1-million humanitarian emergency grant to Tanzania to mitigate effects of earthquake in Kagera region

 Abidjan, Côte d’Ivoire, January 19, 2017 – People affected by the earthquake which hit the Kagera region, in northwestern Tanzania, in September last year will get some relief from a humanitarian emergency grant approved by the African Development Bank Group’s Board last week. The assistance will help to meet urgent needs of primary and secondary

AfDB approves USD 80 million loan and USD 20 million equity to Kainji and Jebba Hydro Power Project

Abidjan, Côte d’Ivoire, 16 December 2016 – The Board of Directors of the African Development Bank (AfDB or the Bank) has approved a financing package of USD 100 million, comprising USD 80 million loan and USD 20 million equity for the rehabilitation of the Kainji and Jebba hydro plants to increase available capacity from the

AfDB rolls out its Feed Africa Strategy in the West Africa sub-region in Dakar

Abidjan, Cote d’Ivoire, November 30, 2016 – The African Development Bank Group (AfDB) launched its Feed Africa Strategy in the West Africa sub-region during a workshop held on November 24, 2016 at the Dakar Terrou-Bi Hotel. The objective of that workshop was to sensitise and enhance the mobilization of all stakeholders for the implementation of

AfDB approves US $75-million financial package to complement Diamond Trust Bank Kenya Limited’s funding to enterprises in East Africa

Abidjan, Côte d’Ivoire, November 23, 2016 – The Board of Directors of the African Development Bank has approved a US $75-million financial package comprising US $50-million Line of credit and US $25-million Subordinated Debt to Diamond Trust Bank Kenya Limited. The funding is aimed at supporting SMEs and emerging corporates in East Africa. The LoC

AfDB rolls out its Feed Africa strategy in the Central Africa Region in Yaoundé, Cameroon

Abidjan, Côte d’Ivoire, November 18, 2016 – The African Development Bank Group (AfDB) launched the Feed Africa strategy in the Central Africa Region at a workshop held Friday, November 11, 2016, in Yaoundé, Cameroon. The objective of this regional workshop was to raise awareness and solicit feedback from stakeholders in the Central Africa Region by