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ADB Approves Support to Strengthen Power Sector Reforms in Sri Lanka

Sri Lanka, Dec. 3 -- The Asian Development Bank (ADB) has approved a $100 million policy-based loan to further support Sri Lanka in strengthening its power sector. This financing builds on earlier ini... Read More


ADB President Announces Emergency Grants for Flood Relief Across Southeast Asia and Sri Lanka

Philippines, Dec. 3 -- Asian Development Bank (ADB) President Masato Kanda on Wednesday announced that ADB will provide immediate grant support of up to $3 million to Sri Lanka; $2 million to Thailand... Read More


ADB Supports Disaster-Resilient Road Development in Indonesia's Southern Java

Indonesia, Dec. 3 -- The Asian Development Bank (ADB) has approved a $300 million loan to construct approximately 72 kilometers of disaster-resilient roads along the southern coast of Java, Indonesia,... Read More


ADB President Joins King Charles III at Roundtable on Private Capital Mobilization for Sustainable Development

United Kingdom, Dec. 3 -- Asian Development Bank (ADB) President Masato Kanda joined His Majesty King Charles III and fellow leaders at a high-level roundtable at St. James's Palace to accelerate priv... Read More


African Development Fund approves $19 million grant to strengthen urban resilience for displaced and host communities

Somalia, Dec. 3 -- The Board of Directors of the African Development Fund (ADF) has approved a grant of $19.7 million to improve living conditions for 20,000 vulnerable households and support the loca... Read More


African Development Bank Group grants full debt relief to Somalia following HIPC completion

Somalia, Dec. 3 -- The African Development Bank Group has approved additional debt relief for Somalia, clearing the way for full cancellation of all African Development Fund loans to the country cover... Read More


Bank Group Deputy Director General for Central Africa and Country Manager for DRC Assumes Office

Congo Democratic Republic of, Dec. 3 -- Mohamed Cherif, Deputy Director General of the African Development Bank Group for Central Africa and Head of the Bank's Country Office in the Democratic Republi... Read More


Barbados to Improve the Resilience of Water Supply Services with IDB Support

Barbados, Dec. 3 -- The Board of Executive Directors of the Inter-American Development Bank (IDB) approved a US$200 million Conditional Credit Line for Investment Projects (CCLIP) to improve the resil... Read More


Paraguay to Strengthen Trade and Investment Facilitation with IDB Support

Paraguay, Dec. 3 -- The Board of Executive Directors of the Inter-American Development Bank (IDB) has approved a $19 million loan to boost Paraguay's international integration by attracting investment... Read More


IFC selects Uruguay for its first-ever global green hydrogen investment

Uruguay, Dec. 3 -- International Finance Corporation (IFC), a member of the World Bank Group, announced its first-ever global investment in green hydrogen, partnering with Grupo Santander to develop K... Read More