African Development Bank Group [to 16 January 2016]
http://www.afdb.org/en/news-and-events/press-releases/
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15/01/2016
Blue Economy: Cape Verde wins SEFA grant to develop revolutionary wave-powered desalination system
Cape Verde was awarded a US $930,000 grant by the African Development Bank-hosted Sustainable Energy Fund for Africa (SEFA) on December 21, 2015 to develop the world’s first wave-driven desalination system. Wave2O™, to be located in Praia Grande, Cape Verde, will operate completely “off-grid” and supply more than 48,000 people with clean fresh water at a competitive cost. The system is expected to have a capacity of 4,000 m3/day of water and will eliminate 5,400 metric tons of CO2 per year.
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AfDB approves US $76.11-million loan for Four Towns Water Supply and Sanitation Improvement Program in Ethiopia
14/01/2016 – The Board of Directors of the African Development Bank Group (AfDB) on Wednesday, January 13, 2016 approved a loan of US $76.11 million from the AfDB financing window to the Federal Democratic Republic of Ethiopia for the implementation of the Four Towns Water Supply and Sanitation Improvement Program.
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African Development Bank adopts Integrity Due Diligence Policy on non-sovereign operations, a mitigating strategy to safeguard its investment policy
13/01/2016 – In its bid to further promote good governance and ethical business practices in its operations and investment decisions, the Board of Directors of the African Development Bank Group (AfDB), met on January 13, 2016 in Abidjan and approved the Integrity Due Diligence Policy on non-sovereign operations (IDD).