The African Development Bank Group [to 4 July 2015]

The African Development Bank Group [to 4 July 2015]
http://www.afdb.org/en/news-and-events/press-releases/
[We generally limit coverage to regional and global level initiatives, recognizing that a number of country-level announcements are added each week]

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African Development Bank Group approves debt relief for Chad
03/07/2015 – The Boards of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved debt relief for the Republic of Chad under the Enhanced Heavily Indebted Poor Country (HIPC) initiative in the amount of US $37 million (at end 2000 Net Present Value terms, or approximately US $66.04 million, in nominal terms). This follows a joint assessment of the country in April 2015 by the IMF and World Bank as having attained the HIPC ‘Completion Point’.

Skills that lead to jobs: AfDB provides US $62 million to support Technical and Vocational Education in Kenya
03/07/2015 – The Executive Board of Directors of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved a US $62-million loan to finance the second phase of Kenya’s Support to Technical Vocational Education and Training (TVET) for Relevant Skills Development project.

The African Water Facility catalyses the development of waste management businesses to improve sanitation services in Arba Minch, Ethiopia
02/07/2015 – The African Water Facility (AWF) announced on Wednesday, July 1, 2015 that it is providing a €1.2-million grant to the Government of Ethiopia to improve sanitation and faecal waste management in Arba Minch. The project will benefit over 21,000 people who will have access to improved toilet facilities. It will also boost local agriculture through the provision of new and affordable fertiliser.

AfDB approves US $22.5-million to improve investment climate and forest governance in Congo
01/07/2015 – The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, July 1, 2015 approved a US $22.5-million loan to the Republic of Congo to help finance the country’s Investment Climate and Forest Governance Support Project (PACIGOF).

Côte d’Ivoire’s President launches West African Energy Leaders Group
30/06/2015 – Côte d’Ivoire’s President Alassane Ouattara headed a top-level line-up of political and business leaders on Tuesday, June 30 in Abidjan to launch the African Energy Leaders Group (AELG) in West Africa, with concrete plans to drive sector reforms and a pipeline of bankable investment projects for sustainable energy access across the region.