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AfDB gets $668.1m from Japan for concessional loans

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Temiloluwa O’Peters
the Japan International Cooperation Agency and the African Development Fund, the concessional arm of the African Development Bank Group, have signed a loan agreement of $668.1m to support the 15th replenishment of the ADF (ADF-15).
During a virtual ceremony, AfDB President, Dr Akinwumi Adesina, and Japanese Ambassador to Côte d’Ivoire, Kuramitsu Hideaki, signed an Exchange of Notes, while the loan agreement was signed by the JICA Chief Representative in Côte d’Ivoire, Fujino Kojiro and acting AfDB Senior Vice President, Swazi Tshabalala.
According to a statement issued by AfDB on Wednesday, the JICA loan, the largest to ADF-15, will support the 15th replenishment of the African Development Fund, approved in December 2019 by ADF donor countries. ....

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Japan provides loan for African Development Fund

ABIDJAN,
(CAJ News) – THE Japan International Cooperation Agency (JICA) and the African Development Fund (ADF) have signed a loan agreement of 73,6 billion Japanese yen (US$668,1 million) to support the 15th replenishment of the latter (ADF-15).
ADF is the concessional arm of the African Development Bank Group.
The loan is the largest to ADF-15, approved in December 2019 by ADF donor countries.
Japanese Ambassador to Ivory Coast Kuramitsu Hideaki, whose country has been the fifth-largest contributor to the ADF in cumulative terms, said the loan formed part of Japan’s commitment to promote industrial human resource development, innovation and investment.
“I sincerely hope that this loan in yen will allow ADF to execute concessional financing and grants for African countries facing emerging challenges caused by COVID-19 and contribute to the economic and social development of these countries,” he said. ....

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African Development Bank Group (AfDB) / Press release | African Development Fund: Japan, African Development Bank Group, sign JPY 73.6 billion loan agreement

African Development Fund: Japan, African Development Bank Group, sign JPY 73.6 billion loan agreement
The concessional donor loan will support the 15th replenishment of the African Development Fund, approved in December 2019 by ADF donor countries
ABIDJAN, Ivory Coast, February 18, 2021/APO Group/
The Japan International Cooperation Agency (JICA) and the African Development Fund (ADF) – the concessional arm of the African Development Bank Group (www.AfDB.org) – on Tuesday signed a loan agreement of 73.6 billion Japanese yen ($668.1 million) to support the 15
th replenishment of the African Development Fund (ADF-15).
During a virtual ceremony, African Development Bank Group President Dr. Akinwumi A. Adesina and Japanese Ambassador to Côte d’Ivoire Kuramitsu Hideaki signed an Exchange of Notes, while the loan agreement was signed by the JICA Chief Representative in Côte d’Ivoire, Fujino Kojiro, and Acting African Development Bank Group Senior Vice P ....

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African Development Fund: Japan, African Development Bank Group, sign JPY 73.6 billion loan agreement

The Japan International Cooperation Agency (JICA) and the African Development Fund (ADF) – the concessional arm of the African Development Bank Group (www.AfDB.org) – on Tuesday signed a loan agreement of 73.6 billion Japanese yen ($668.1 million) to support the 15th replenishment of the African Development Fund (ADF-15). During a virtual ceremony, African Development Bank […] ....

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UN to spend $15 million to fight Ebola in Guinea and DRC

The Lagos State Government has moved against briefcase real estate agents/property developers and artisans saying it will not allow them to take over the real estate sector to the detriment of professionals in the state.
This is as the state government has urged Lagosians to support its efforts to eliminate fraudulent practices in the Real Estate Industry by patronising registered Real Estate Practitioners/Property Developers.
The Special Adviser to the Lagos State Governor on Housing, Mrs Toke Benson-Awoyinka made this known on Friday, March 26, 2020, while reviewing Real Estate practice in the state during an online interview session with Thinkmint Nigeria – a marketing and communications company. ....

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