Tag: African Development Bank

AfDB approves loan for Rwanda’s first regional hydropower public-private partnership project

March 17, 2016 The African Development Bank Group announced on 16 March a US$ 24 million loan to support Rwanda’s contribution to the development of the Multinational Ruzizi III Hydropower Project. The project is a joint initiative of the three Great Lakes Region countries – Burundi, Democratic Republic of Congo […]

AfDB President commits to support Liberia’s transformation agenda

March 15, 2016/AfDB The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has pledged to support Liberia’s effort to diversify its economy, with a particular emphasis on the agriculture and power sectors. Adesina, who led an AfDB delegation to Liberia last week, gave the pledge at an official […]

AfDB Executive Directors conclude visit to Malawi

March 15, 2016/AfDB A team of nine African Development Bank Executive Directors visited Malawi from March 6 to 11, 2016 on a high-level consultation and dialogue mission. During their visit, the Executive Directors met with President Arthur Peter Mutharika, Finance Minister Goodall Gondwe, Cabinet Ministers, Reserve Bank Governor Charles Chuka, […]