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40-million African Development Fund loan and a US $2.
Tarek Ammar, project finance expert for the African Development Bank and the African Development Fund
The Group welcomed "the recent replenishment of the African Development Fund and reiterate our commitment to achieving a successful International Development Association (IDA) 17 replenishment.
Structurally, the ADB Group includes the African Development Bank, the African Development Fund and the Nigeria Trust Fund.
A delegation of senior officials of the Libyan African Investment Company (LAICO) and the Libyan African Development Fund will arrive in Liberia within a week to conclude talks on the projects.
According to reports in the local Al-Ahram newspaper, the solar power project at Kom Ombo, near the Aswan High Dam hydro-electric plant, will be financed by a number of international institutions, including the African Development Fund and the World Bank.
Zimbabwe's access to the Global AIDS Fund, IMF funds and our own African Development Fund is opposed.
The G-8 has also agreed that all of the debts owed by eligible heavily indebted poor countries to IDA, the International Monetary Fund and the African Development Fund should be cancelled, as set out in our Finance Ministers agreement on 11 June.