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New grant resources in AfDB unit $127 m for Africa

         Date: 2012-03-27

           Tag: Africa resources, AfDB Africa grant resources

Summary: During the year, the AfDB said in total resources mobilized unit new 127 million grant, of whom 112 million were thematic funds, 15 million dollars for a single donor funds .

During the year, the AfDB said in total resources mobilized unit new 127 million grant, of whom 112 million were thematic funds, 15 million dollars for a single donor funds .

ORRU’s head, and revealed the Larhed, Kazumi Forum trust fund, said that as of 2012 March, its unit is managing the ongoing trust fund operations, a total of 320 total of 421 million, a statement from the AfDB said 23 March, 2012.

She noted that during the year under review only established thematic funds, including South-South New Partnership Fund for Brazil confirmed 6 million while mobilized other donors. Denmark has 57 million sustainable energy unit for Africa.

The unit actively recruiting other donors is another thematic Fund in 2011.

Mrs. Larhed, the specified statement, argued that the Bill Melinda Gates Foundation Switzerland in & 2011 African water facility and joined the rural water sanitation initiative for $ 12 million and $ 20 million respectively.

Head further what the unit is ORRU her do the areas of technical assistance, capacity building grant funds to implement a greenfield microfinance institutions, Liberia, Tanzania and Nigeria and elsewhere.

The unit serves as the central focus of the AfDB tracks progress in implementing management partnerships and collaboration and partnerships of the Bank.

Responsible for raising funds, ORRU co-financing, technical or strategic partnership arrangements with development partners to improve the Bank’s operations in the regional companies.


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