We use cookies to improve your experience. By your continued use of this site you accept such use.
African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • From left to right: Ms. Arina Viseth, Resident Representative of the International Monetary Fund in Chad; Mr Claude N’Kodia, Acting Country Manager of the AfDB in Chad; Mr Amir Idriss Kourda, Minister for Infrastructure, Access-Improvement and Road Maintenance; Tahir Hamid Nguilin, Minister of State, Minister of Finance, Budget, Economy, Planning and International Cooperation; Ali Djadda Kampard, Secretary of State for Finance and Budget
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank signs $45 million grant agreement with Chad for asphalting of the Kyabé-Mayo road section

The agreement paves the way for support from the Islamic Development Bank to finance the second section of the 205-kilometer Mayo-Singako-Am Timan at an estimated cost of $275.5 million

The African Development Bank (www.AfDB.org) and the government of Chad have signed a grant agreement worth $44.9 million to finance the asphalting of the 49.5-kilometre Kyabé-Mayo section of the Kyabé-Singako road, including the construction of a 55-metre bridge. The agreement was signed in N’Djamena on 19 February 2025 by Tahir…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Completion of the project will improve user mobility on 188.9 kilometres of Tunisia’s classified road network by reducing transport constraints linked to the narrow gauge and ageing of road surfaces in the country’s seven governorates
  • All (1)
Source: African Development Bank Group (AfDB) |

Tunisia: African Development Bank grants a loan of over €80 million to upgrade road infrastructure in seven of the country’s governorates

The project, which will run from 2025 to 2030, is a continuation of two earlier phases of the Road Infrastructure Modernization Programme

The African Development Bank (www.AfDB.org) has granted Tunisia a loan of €80.16 million to implement the next phase of the country’s road improvement scheme.  The project for Phase 3 of the Road Infrastructure Modernization Programme carries a total cost of €86.21 million euros and is being co-financed by the loan…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • The African Development Bank is contributing to improving Cameroon’s road network to neighbouring Chad to ensure real integration in Central Africa
  • All (1)
Source: African Development Bank Group (AfDB) |

Cameroon: a loan of EUR 330 million from the African Development Bank to improve the performance of the Douala-Ndjamena economic corridor

The funds, EUR 318.24 million and EUR 12.24 million, are for the implementation of the fourth phase of the Transport Sector Support Program

The Board of Directors of the African Development Bank Group (www.AfDB.org) this week approved two loans to Cameroon designed to radically improve transport links with neighbouring Chad with major economic benefits to both countries. The funds, EUR 318.24 million and EUR 12.24 million, are for the implementation of the fourth…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • The road corridor project supported by the African Development Fund will contribute to the economic and social integration of southern Madagascar by opening up the region
  • All (1)
Source: African Development Bank Group (AfDB) |

Madagascar: African Development Bank Group grants a $165 million loan to develop roads in Southern Madagascar and facilitate trade

A significant part of the project involves reconstructing the Manombo bridge and creating two new two-lane bridges spanning 460 meters to enhance road connectivity

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $165 million loan to Madagascar to develop critical trade corridors and improve regional connectivity. The funding, granted on 11 December 2024 in Abidjan, will support the third phase of a major infrastructure project to improve trade…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Financial support from the African Development Bank will help to improve the road network and open up two major regions of the country
  • All (1)
Source: African Development Bank Group (AfDB) |

Eswatini: African Development Bank approves a loan of over $140 million to open up two major regions with road infrastructure project

The new road surfaces will be adapted to climate change, enabling all-weather transportation locally and the wider area

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a loan of $140.6 million to Eswatini for the first stage of a programme to improve road links and mobility at national and regional level in both urban and rural areas and create at least 200 jobs.…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • The loan from the African Development Bank will enable Transnet, which employs over 50,000 people, to continue to play an essential role in the South African economy
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Bank Accelerates Private Sector Support with Initial Disbursement of USD 1 Billion Loan to Transnet

The efficiency of the disbursement reflects Transnet’s fulfilment of the Bank’s rigorous requirements for governance, the environmental stewardship, and social responsibility

The African Development Bank (www.AfDB.org) has released the first tranche of its $1 billion loan to Transnet, the South African state-owned conglomerate managing the country’s ports, railways and pipelines. This disbursement is the first in a series of four tranches planned for an unparalleled financing arrangement to support Transnet’s business’s…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • For Burkina Faso and Mali, two landlocked countries located in West Africa, asphalting road corridors is essential for access to seaports
  • All (1)
Source: African Development Bank Group (AfDB) |

African Development Fund approves over €156 million for upgrase of cross-border roads connecting Burkina Faso and Mali with Côte d'Ivoire

A total of 242 km of road will be revamped in the two countries courtesy of funding from the Bank Group's concessional window and the Transition Support Facility

The Board of Directors of the African Development Fund (https://apo-opa.co/4f9eBTb) approved loans totalling €156.66 million on November 29 to Burkina Faso and Mali for the upgrading and asphalting of cross-border roads linking the two landlocked West African countries to Côte d'Ivoire. A total of 242 km of road will be…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (2)
    • AfDB President Akinwumi Adesina (7th from left, front row), Madagascar’s President Andry Rajoelina, Africa50 CEO Alain Ebobissé, and other participants at the 2024 Annual General Shareholders Meeting in Antananarivo. Adesina's wife, Grace, stands to his right
    • Madagascar's President Andry Rajoelina shows AfDB President Akinwumi Adesina a national craft at a Madagascar exhibition during the 2024 Annual Meetings in Antananarivo. Africa50 CEO Alain Ebobissé looks on
  • All (2)
Source: African Development Bank Group (AfDB) |

Africa50 investment platform gets thumbs up for its innovative financing, strategic partnerships and performance

Africa50 has mobilized over $1.1 billion in capital commitments and catalyzed an additional $4.4 billion in external financing in just seven years of operation

Presidents of Madagascar and Tanzania praise Africa50's critical role in addressing the continent's infrastructure challenges; Africa50 has mobilized over $1.1 billion in capital commitments and catalyzed an additional $4.4 billion in external financing in just seven years, Adesina. Africa50 (www.Africa50.com), the investment platform established by African governments and the African Development…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • (From centre-right) The AfDB’s Climate Change and Green Growth Director Anthony Nyong; Climate Change Expert Muthoni Nduhiu; Principal Climate Change Officer Olufunso Somorin; and Joash Moitui, Communications Lead for AAAP, with a Project Team for the Kampala City Roads Rehabilitation Project at the project site
  • All (1)
Source: African Development Bank Group (AfDB) |

Uganda: African Development Bank’s Director for Climate Change and Green Growth Tours Kampala Road Rehabilitation Project

The project is expected to benefit at least 1.6 million people, including commuters, business owners, and transport providers by tackling congestion in Kampala

On Monday, 15 July 2024, the African Development Bank Group’s Director for Climate Change and Green Growth (www.AfDB.org), Prof. Anthony Nyong, led a Bank Group team to inspect the 69.2 km Kampala City Roads Rehabilitation Project (KCRRP) (https://apo-opa.co/3MuqQ0R). He was joined by Regional Principal Climate Change Officer, Dr. Olufunso Somorin,…

African Development Bank Group (AfDB)

  • Multimedia content

  • Images (1)
    • Propelling Growth: African Development Bank reaffirms support for Liberia under new government
  • All (1)
Source: African Development Bank Group (AfDB) |

Propelling Growth: African Development Bank reaffirms support for Liberia under new government

Key focus areas of discussion included infrastructure development, SME-led private sector growth, bolstering domestic resource mobilization, and agricultural productivity

African Development Bank (www.AfDB.org) Executive Director Rufus N. Darkortey has concluded a five-day working visit to Liberia, where he held high-level discussions with major stakeholders, including President Joseph Nyuma Boakai. Darkortey, who represents Liberia, The Gambia, Ghana, Sudan, and Sierra Leone at the Bank, also met with Liberian Vice President…

To Top