The loan will provide the African Development Fund
with resources to support recipient countries during the ADF-14 period (1 January 2017 to 31 December 2019), and contribute to economic growth as well as poverty alleviation in Africa's least developed countries.
Political and economic pressures have not stopped the African Development Bank making funding available for investors in Egypt, Tarek Ammar, project finance expert for the African Development Bank and the African Development Fund
Structurally, the ADB Group includes the African Development Bank, the African Development Fund
and the Nigeria Trust Fund.
A delegation of senior officials of the Libyan African Investment Company (LAICO) and the Libyan African Development Fund
will arrive in Liberia within a week to conclude talks on the projects.
At the same time, Sweden has decided to increase its replenishment of the African Development Fund
to over SEK 2 billion for 2011-2013.
Summary: The board of directors of the African Development Fund
(ADF), a member of the African Development Bank Group (AfDB), on Wednesday approved a donation of US$ 36 million for some road projects in Burundi, including the expansion of the Ngozi-Nyangungu road, in the northern part of Burundi, an AfDB communique, obtained by PANA here, indicated.
Release date- 06082019 - The government of Ethiopia and the African Development Bank Group have signed a $98 million grant agreement from the African Development Fund
(ADF) to help finance phase one of the Ethiopia-Djibouti Road Transport Corridor Project.
The International Center for Tropical Agriculture, established by the government to oversee phytosanitary inspections, received US $5 million in funding from the African Development Fund
(ADF) for rehabilitation, new laboratory equipment and staff training to strengthen quality control procedures for products and services offered to farmers.
THE President, African Development Bank AfDB), Dr Akinwumi Adesina, said that the Japan International Cooperation Agency (JICA) has signed a 700 million dollar loan agreement with African Development Fund
The Boards of the African Development Bank Group have approved funding of EUR 48 million from the African Development Fund
(ADF) for the reconstruction of the border road from Guinea to Sierra Leone.
The Board of Directors of the African Development Bank Group (AfDB) has approved an African Development Fund
(ADF) grant of US$26 million to rehabilitate and expand the distribution networks in Juba, South Sudan, where only 1% of the population has access to grid electricity located chiefly in the three main cities.