US$300 million loan agreement for Nacala Corridor project signed

The African Development Bank and other participating co-lenders have signed agreements for the financing of the Nacala Corridor project. The Nacala Corridor is an integrated and transformative infrastructure project which consists of a 912 km railway and a port meant to unlock the Western region of Mozambique and landlocked Malawi. The total project cost is estimated at $5 billion. The …

Statement by M. Shem SIMUYEMBA (AfDB) at the Harith Business Day African Infrastructure Dialogue 27th OCT, 2017

HARITH BUSINESS DAY AFRICAN INFRASTRUCTURE DIALOGUE 2017 27TH OCTOBER, 2017, CAPE TOWN, SOUTH AFRICA KEY NOTE ADDRESS PUBLIC-PRIVATE PARTNERSHIPS NEEDED TO BRIDGE AFRICA’S INFRASTRUCTURE GAP AND THE STATE OF INFRASTRUCTURE ON THE AFRICAN CONTINENT SHEM SIMUYEMBA AFRICAN DEVELOPMENT BANK H.E. Kgalema Motlanthe, Former President of South Africa; Mr. Jabu Moleketi, Chairman, Harith General Partners; Mr. Sfiso Buthelezi, Deputy Minister of …

Un don de plus de 2 millions d’euros de la BAD à la CEEAC

La Banque africaine de développement (BAD), à travers la Facilité africaine de l’eau (FAE) et le Mécanisme de financement de la préparation de projets d’infrastructures du NEPAD (IPPF-NEPAD), deux fonds spéciaux multi-donateurs qu’elle héberge et administre, a approuvé le décaissement de 2 098 593 d’euros au profit de la Communauté économique des Etats de l’Afrique centrale (CEEAC), le 11 août …

AfDB approves US $3.04-million grant for road and bridge construction feasibility studies in Central Africa

The African Development Bank (AfDB) on Monday, November 1, 2016, approved a US $3.04-million grant to assist the Economic Community of Central African States (ECCAS) to undertake studies for the Kribi-Campo-Baba Multinational Road and Bridge linking Cameroon to Equatorial Guinea. The grant, funded through the NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF), a multi-donor Special Fund administered by the AfDB, will ...

NEPAD Infrastructure Project Preparation Facility urges Canadian businesses to seize investment opportunities in Africa

Canadian businesses attending a Business Opportunities Seminar with International Finance Institutions (IFI) held in Toronto, Montreal, Calgary and Vancouver from October 18 to 21 have been urged to compete for AfDB-funded projects and tap into the immense business opportunities available in Africa. The Business Opportunities Seminar is an event aimed at companies, institutions and individual consultants interested in working on ...