Dear Wanabidii Africa Mashariki, The following new content has been been added to our website: Press Releases 30/04/2014 - The Board of Directors of the African Development Group approved on Wednesday, April 30, 2014 an African Development Fund (ADF) loan of US $23.0 million, a loan of US $7.7 million from the Nigerian Trust Fund (NTF), and a grant of US $4.8 million from the Rural Water Supply and Sanitation Facility to support Malawi's implement the Sustainable Rural Water and Sanitation Infrastructure for Improved Health and Livelihoods Project. The project is aligned with the Malawi Growth and Development Strategy, the AfDB's 2013-2017 Country Strategy Paper and the Bank's Ten-Year strategy focusing on African transformation through inclusive and green growth. Categories: Malawi, Water Supply & Sanitation, Infrastructure, Employment, Rural Water Supply & Sanitation Initiative, ADF 30/04/2014 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, April 30 in Tunis an unfunded €40-million Risk Participation Agreement (RPA) with BNP Paribas to support the trade finance activities of African issuing banks. The facility will help address critical market demand for trade finance in Africa by supporting trade in vital economic sectors such as agribusiness and manufacturing. Moreover, it will foster financial sector development and regional integration, and contribute to government revenue generation. Categories: Regional Integration, Economic & Financial Governance, Private Sector Approvals 30/04/2014 - The Board of Directors of the African Development Group approved on Wednesday, April 30, 2014 an African Development Fund (ADF) loan of US $23.0 million, a loan of US $7.7 million from the Nigerian Trust Fund (NTF), and a grant of US $4.8 million from the Rural Water Supply and Sanitation Facility to support Malawi's implement the Sustainable Rural Water and Sanitation Infrastructure for Improved Health and Livelihoods Project. The project is aligned with the Malawi Growth and Development Strategy, the AfDB's 2013-2017 Country Strategy Paper and the Bank's Ten-Year strategy focusing on African transformation through inclusive and green growth. Categories: Malawi, Water Supply & Sanitation, Infrastructure, Employment, Rural Water Supply & Sanitation Initiative, ADF 30/04/2014 - The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, April 30 in Tunis an unfunded €40-million Risk Participation Agreement (RPA) with BNP Paribas to support the trade finance activities of African issuing banks. The facility will help address critical market demand for trade finance in Africa by supporting trade in vital economic sectors such as agribusiness and manufacturing. Moreover, it will foster financial sector development and regional integration, and contribute to government revenue generation. Categories: Regional Integration, Economic & Financial Governance, Private Sector Documents | | |
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