Wednesday, 14 December 2016

[wanabidii] New content updates

Dear Wanabidii Africa Mashariki,

The following new content has been been added to our website:

Press Releases


14/12/2016 - The Board of Directors of the African Development Bank Group (AfDB), has approved a financing package comprising USD 150 million ADB Loan, USD 100 ADF Loan and the EUR 5 million RWSSI Grant Facility, to finance the Inclusive Basic Service Delivery and Livelihood Empowerment Integrated Programme (IBSDLEIP), in support of operationalizing the "Buhari Plan" for Emergency Transition, Recovery and Peacebuilding for North East states in Nigeria.

Categories: Nigeria, Rural Water Supply & Sanitation Initiative, Rural Water Supply & Sanitation Initiative


14/12/2016 - The Board of Directors of the African Development Bank has approved the institution's borrowing program for 2017, for an amount of UA 6.2 billion (equivalent to USD 8.4 billion) to be raised from capital markets. One of the main objectives of the program is to raise resources from capital markets, in a cost effective manner, to finance development projects and programs in Africa. The Bank's funding requirements have been increasing in line with its operations and footprint on the continent. Three years ago, its annual borrowing program was USD 4.4 billion.


14/12/2016 - The Board of Directors of the African Development Bank (AfDB) has approved an African Development Fund (ADF) loan of UA 7.52 million (approximately US $10.5 million) and an ADF grant of UA 1.25 million (approximately US $1.74 million) for a total of about US $12.24 million for the Jobs for Youth Project in Malawi.

Categories: Malawi, Youth, Employment


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