An additional $1.372 million of grant funding from the Bank’s Transitional Support Facility, will also be deployed in G5 countries June 10, 2020/AfDB The Board of Directors of the African Development Bank (https://www.AfDB.org) on 9 June 2020 approved $20 million in grant funding from the African Development Fund, to build […]
Updates
AfDB and development partners propel Somalia back from the brink
The Bank’s current portfolio in Somalia totals $298 million, covering operations in agriculture, water and sanitation, transport, social and energy, and multi-sectoral projects June 10, 2020/AfDB In early 2020, Somalia, with support from the United Kingdom Government and the European Union, settled its arrears to the African Development Bank (www.AfDB.org), […]
Somalia: AfDB’s intervention helps to curb COVID-19 in vulnerable communities
African Development Bank-financed water supply and sanitation project came in handy as a critical control intervention June 10, 2020/AfDB With 2.6 million internally displaced persons in Somalia, the outbreak of COVID-19 poses an additional challenge in an already fragile situation, leaving the population highly vulnerable. Thankfully, the African Development Bank-financed […]
