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ADFD Earmarks AED330 Million for Development Projects in Somalia

20 Apr 2017 Abu Dhabi Fund for Development (ADFD) has announced a contribution of AED330 million (US$90 million) to implement development projects and programmes in key sectors in Somalia, particularly infrastructure and transport. The contribution underpins efforts to improve public services, create new job opportunities and ensure stability and social development. Moreover, the AED330 million aims to hel...Read More...

ADFD, IDB Group Hold Meeting to Explore Partnership Possibilities

14 Mar 2017 Abu Dhabi Fund for Development (ADFD) today hosted a high-profile delegation from the Inter-American Development Bank (IDB) Group to discuss opportunities for cooperation on future development projects in Latin America and the Caribbean.

His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, Luis Alberto Moreno, President of IDB, as well as senior representatives of the ...Read More...

ADFD Finances 336-km National Road No.2 in Senegal

11 Mar 2017 Abu Dhabi Fund for Development (ADFD) commended the foundation stone laying ceremony of Senegal’s National Road No.2 (Ndioum – Ourossogui – Bakel) project. ADFD allocated a concessionary loan worth AED53 million (US$15 million) to the development of the infrastructure project.

Senegalese President, His Excellency Macky Sall, attended the ceremony and laid the cornerstone. His Excellenc...Read More...

ADFD Delegation Visits Wahat Al Karama

05 Mar 2017 His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) yesterday led a delegation of ADFD employees and toured the memorial site, Wahat Al Karama.

The delegation explored the premises and visited the cultural landmark; the 31 aluminium-panel, each leaning on the other, exemplifying the unity, solidarity and mutual support shared between the ...Read More...

Argentine Economy Minister Visits ADFD

05 Mar 2017 Abu Dhabi Fund for Development (ADFD) hosted a delegation from Argentina led by His Excellency Gonzalo Saglione, Minister of Economy from the Province of Santa Fe, at its headquarters. During the meeting, the two sides discussed long-standing bilateral ties between the ADFD and Argentina and focused on funding developmental projects in Argentina.

Welcoming the Minister and his entour...Read More...

ADFD Delegation Studies Progress of Bangladesh Projects

01 Mar 2017 Abu Dhabi Fund for Development (ADFD) dispatched a delegation to Bangladesh to review and study the current status of its two funded projects – the Sikalbaha Power Station and the South Asia Subregional Economic Cooperation (SASEC) Road Connectivity Project (SASEC).

Having toured the Sikalbaha Power Station, the delegation confirmed that 90 percent of works have been completed. In 201...Read More...

Abu Dhabi Fund for Development a Strategic Partner at the World Government Summit 2017

13 Feb 2017 In the role of strategic partner, Abu Dhabi Fund for Development (ADFD) attended and participated at the fifth edition of the World Government Summit (WGS) 2017, running under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai.

Themed ‘Shaping Future Governments’, WGS 2017, has drawn participation from 139 cou...Read More...

ADFD’s USD90 million Yields Hydroelectric Power Plant in Sudan

02 Feb 2017 Abu Dhabi Fund for Development (ADFD) attended the official opening of the Upper Atbara and Setit Dam Complex’s 320 megawatt hydroelectric power plant in Eastern Sudan; inaugurated by, Sudanese President, His Excellency Omar Hassan Al Bashir. ADFD’s US$90 million concessionary loan contributed to the successful completion of the plant’s power source; Rumela Dam and Burdana Dam.

His Ex...Read More...

Abu Dhabi Fund for Development Injects AED1.47 Billion into Central Bank of Sudan

24 Jan 2017 Abu Dhabi Fund for Development (ADFD) deposited AED1.47 billion into the Central Bank of Sudan (CBOS) to secure increased liquidity and stimulate economic growth in Sudan. His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, signed an agreement to that effect with His Excellency Hazim Abdegadir Ahmed Babiker, Governor and Chairman of the Board of the CBOS.

Reaffirming th...Read More...

ADFD Conducts Exploratory Meeting with High-profile Costa Rican Delegation

18 Jan 2017 Abu Dhabi Fund for Development (ADFD) met with a high-ranking delegation from Costa Rica led by Luis Guillermo Solís, President of Costa Rica, at the Emirates Palace in Abu Dhabi. Welcoming the delegates, His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, discussed bilateral relations between the UAE and Costa Rica with the visiting President - focusing on developmental joint ventu...Read More...

ADFD Funds USD 15 million Hybrid Power Project in Antigua and Barbuda

14 Jan 2017 Abu Dhabi Fund for Development (ADFD), Abu Dhabi’s national independent entity, has today signed an USD 15 million concessionary loan agreement for the development of an innovative new hybrid solar and wind generation project in the Caribbean state of Antigua and Barbuda; one of the third funding cycle recipients of ADFD/IRENA Project Facility. The loan agreement was signed during the Seventh Sess...Read More...

ADFD Approves USD44.5 million for IRENA/ADFD Project Facility in Developing Countries

14 Jan 2017 Four renewable energy projects in developing countries in the Pacific and Africa have been identified by Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) to receive USD 44.5 million in funding. ADFD’s funding will support a diverse set of projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower pro...Read More...

ADFD’s AED320 Million Allocation to Amman Development Road Ensures Advancements in Infrastructure

11 Jan 2017 His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), attended the official opening of the Amman Development Road. The road network connects the capital with the surrounding cities, easing the movement of passengers and goods between Jordan and the countries of the GCC region.

In line with the framework of the 2013 UAE government grant to ...Read More...

His Majesty King Abdullah II of Jordan Unveils ADFD’s AED103 Million Kufranjah Dam Project

11 Jan 2017 Abu Dhabi Fund for Development (ADFD) attended the official opening of the Kufranjah Dam – a development project funded by the UAE government and managed by ADFD in the Kingdom of Jordan.

Located north of Jordan’s capital Amman, the newly completed AED103 million (US$28 million) project is in line with the framework of the 2013 UAE government contribution of AED4.6 billion (US$1.25 bi...Read More...

ADFD, Contributes AED 735 million towards King Hussein Medical City Expansionary Project

10 Jan 2017 In a press conference held in Amman, Jordan - Abu Dhabi Fund for Development (ADFD) announced a AED735 million (US$200 million) UAE grant earmarked for expansionary works at King Hussein Medical City. This latest contribution is in-line with the framework of the 2013 UAE government grant contribution of AED4.6 billion (US$1.25 billion) to the Gulf Development Fund, a five-year grant program from t...Read More...

ADFD Conducts Exploratory Meeting with the Government of the Maldives

22 Dec 2016 His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), welcomed the non-resident Maldivian Ambassador to the UAE, His Excellency Abdullah Hamid, to discuss renewed UAE-Maldives bi-lateral relations.

The meeting, attended by ADFD’s senior management, explored new ways of collaboration and cooperation between the Fund and Maldives. Moreover, ...Read More...

ADFD Discusses Strengthening Bilateral Ties with Visiting Tanzanian Delegation

20 Dec 2016 Abu Dhabi Fund for Development (ADFD) welcomed a visiting ministerial delegation from the United Republic of Tanzania at its headquarters. At the meeting, Adel Al Hosani, Director of ADFD’s Operations Department, discussed the Fund’s current and upcoming socio-economic development ventures in Tanzania with His Excellency Makame Mbarawa, Tanzanian Minister of Works, Transport and Communication. Read More...

Abu Dhabi Fund for Development Hosts Seminar on Workplace Innovation Policies

12 Dec 2016 Abu Dhabi Fund for Development (ADFD) in collaboration with the Department of Economic Development – Abu Dhabi (ADDED) hosted a seminar, on the importance of innovation in the workplace across the UAE. In attendance were ADFD’s employees and senior management. Faisal Al Hamoudi, ADDED Integrated Innovation Programme Manager, led the seminar.

Commending the UAE leadership on the Natio...Read More...

First-of-its-kind Emirates Soil Museum opens its doors in Dubai

08 Dec 2016 The International Center for Biosaline Agriculture (ICBA) and the Abu Dhabi Fund for Development (ADFD) inaugurated today the Emirates Soil Museum, a unique facility in the Gulf Cooperation Council (GCC) countries and the Middle East and North Africa (MENA) region.

The opening of the Emirates Soil Museum is a joint initiative between ICBA and ADFD.

Speaking at the inaugurat...Read More...

ADFD Memorialises Traditions, Commemorates UAE Leaders and Revels in Nation-wide Unity

27 Nov 2016 Abu Dhabi Fund for Development (ADFD), today organised patriotic festivities in observance of the 45th National Day of the United Arab Emirates. ADFD exemplified UAE pride, glory and triumph with a series of traditional activities, and Memorabilia Museum.

On this occasion, His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development expressed his gratitu...Read More...

Abu Dhabi Fund for Development Secures AED 12 million for Algeria’s Health Sector

23 Nov 2016 His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), signed a Memorandum of Understanding (MoU) to the tune of AED12 million with His Excellency Hadidi Amer, Naama Province Section Chief at the Ministry of Health, Population and Hospital Reform in Algeria.

The MoU was signed in the presence of His Highness Sheikh Mansour bin Zayed Al Na...Read More...

ADFD finances high-speed train in Morocco worth AED147 million

20 Nov 2016 Abu Dhabi Fund for Development (ADFD) signed a concessionary loan agreement to the tune of AED147 million with the Office Nationale des Chemins de Fer du Maroc (ONCFM), Morocco’s national railway operator, to finance the construction of a high-speed train; bridging the gap between the cities of Tangier and Kenitra.

Complementing ADFD’s first instalment of AED368 million released in 20...Read More...

ADFD and Armenian President Conduct Exploratory Meeting to Boost Bilateral Ties between UAE and Armenia

14 Nov 2016 His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), welcomed and met with Serzh Sargsyan, President of Armenia, during the latter’s visit to the UAE.

The two sides reviewed ADFD’s existing developmental ventures in Armenia and explored new schemes, projects and endeavours through which ADFD could support the government of Armenia in achi...Read More...

Afghan Minister of Urban Development Affairs Recognises ADFD’s Monumental Role in Fostering UAE-Afghanistan Bilateral-Ties

30 Oct 2016 His Excellency Sadat Mansoor Naderi, the Afghan Minister of Urban Development Affairs, visited the headquarters of Abu Dhabi Fund for Development (ADFD) and met with His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and several of the Fund’s officials to further nurture the partnership between ADFD and Afghanistan .

His Excellency Abdul Farid Zikria, Ambassador ...Read More...

Abu Dhabi Fund for Development Becomes a Founding Member at Lives and Livelihoods Fund

29 Sep 2016 In Jeddah, Abu Dhabi Fund for Development (ADFD) signed a founders’ agreement with Islamic Development Bank (IDB) to become a founding member at the Lives and Livelihoods Fund (LLF). LLF was initiated by a joint initiative between IDB in collaboration with the Islamic Solidarity Fund for Development (ISFD) and the Bill and Melinda Gates Foundation. In a welcomed venture, ADFD contributes an ...Read More...

Abu Dhabi Fund for Development Organised a Cultural Symposium

27 Sep 2016 In celebration of the Year of Reading, Abu Dhabi Fund for Development (ADFD) in collaboration with Abu Dhabi Tourism and Culture Authority hosted a cultural symposium featuring Emirati researcher Abdullah Abdul Rahman. The symposium entailed a dialogue and a flow of ideas about his book series titled, “Finjan Qahwa”.

H.E. Mohammed Saif Al Suwaidi, Director General of Abu ...Read More...

Abu Dhabi Fund for Development hosts Women and Innovation seminar

28 Aug 2016 Abu Dhabi Fund for Development, the UAE’s international development arms, has today hosted its annual Women and Innovation seminar to mark Emirati Women’s Day.

Moderated by Fatima Al Balooshi, Head of Media and Communications at Abu Dhabi Fund for Development the seminar had key note contributions from Dr. Omniyat Al-Hajri, Director of Public Health and Research at Health...Read More...

Brand new city in heart of Bahrain thanks to 2.9bn AED Abu Dhabi Development Fund Grant

25 Aug 2016 Bahrain’s housing shortage due to its growing population and economic boom is soon to come to an end thanks to a 374m AED grant from Abu Dhabi Fund for Development, the UAE’s international development arm (ADFD). The grant, formalised in a signing contracts in Bahrain, enables the beginning of the construction of North City (Al Madina Al Shamliya) for infrastructure services to support the buildin...Read More...

Abu Dhabi Fund for Development Deposits $1bn in Central Bank of Egypt

23 Aug 2016 Abu Dhabi Fund for Development (ADFD), the UAE’s international development arm, announced that it has deposited US$1 billion in the Central Bank of Egypt for a period of 6 years to finance development projects and support the economic growth of Egypt.

The historic agreement was signed between His Excellency Mohammed Saif Al Suwadi, Director General of ADFD, and His Excellency Tariq Ha...Read More...

ADFD Hosts Lecture on Importance of Loyalty to Homeland

28 Jun 2016 In keeping with the spirit of the Holy Month of Ramadan, Abu Dhabi Fund for Development (ADFD) hosted a lecture delivered by Omar Habtoor Al Darei, Director of Fatwa Department at the General Authority of Islamic Affairs and Endowments, on the importance of loyalty and belongingness to one’s homeland.

In his lecture, Al Darei highlighted the importance of loyalty to the nation ...Read More...

ADFD Explores Strengthening Collaborative Ties with Australia

21 Jun 2016 Australian Ambassador Commends ADFD’s Efforts in Supporting International Development
His Excellency Arthur Spiro, Australian Ambassador to the UAE, met with His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), at the Fund’s headquarters in Abu Dhabi.
During the meeting, the two sides examined ways of enhancing bilateral coope...Read More...

ADFD Hosts Lecture on Importance of Reading

16 Jun 2016 In keeping with the spirit of the Holy Month of Ramadan, Abu Dhabi Fund for Development (ADFD) hosted a lecture delivered by Khalifa Mubarak Al Dhaheri, prominent Emirati preacher and media personality from the General Authority of Islamic Affairs and Endowments on the Importance of Reading.

The lecture aimed to promote the culture of reading and learning among ADFD staff in line wi...Read More...

Abu Dhabi Fund for Development launches unique public utility sector training and support programme for the Seychelles in the UAE to coincide with 40th anniversary of ADFD and Seychelles relationship

22 May 2016 The Abu Dhabi Fund for Development (ADFD), Abu Dhabi’s international development body, today announced the launch of a brand new, innovative training and support programme in electricity and water management in partnership with the Federal Electricity and Water Authority (FEWA) for the rapidly expanding Seychelles energy and infrastructure sectors.

The programme will provide a ...Read More...

ADFD and IRENA enter new phase of cooperation for innovative

20 Apr 2016 Abu Dhabi Fund for Development (ADFD) has signed a new cooperation and support agreement with the International Renewable Energy Agency (IRENA), based in Abu Dhabi, to ensure the effective allocation of the $350m of funds pledged by ADFD for renewable energy projects in developing countries around the world.

The IRENA/ADFD Project Facility has already allocated $144m worth of funds o...Read More...

Abu Dhabi Fund for Development contributing of 919 million Dollar to the Bahrain International Airport expansion project

18 Feb 2016 Abu Dhabi Fund for Development contributing of 919 million Dollar to the Bahrain International Airport expansion project, over 80% of the project’s cost
Project forms part of the wider 2.5 billion Dollar grant to the GCC Bahrain Development Programme


Abu Dhabi-UAE: 17 February, 2016 – Abu Dhabi Fund for Development (ADFD) has taken part in the ground-breaki...Read More...

His Highness Sheikh Mohammed Bin Rashid Honours ADFD

17 Feb 2016 His Highness Sheikh Mohammed Bin Rashid Al Maktoum, the UAE Vice President and Prime Minister and Ruler of Dubai, honoured Abu Dhabi Fund for Development for its active participation in the World Government Summit as a strategic partner. He applauded the efforts of all partners and sponsors including ADFD in supporting the events hosted by the UAE and promoting the reputation of the country on an ...Read More...

ADFD Participates in World Government Summit as Strategic Partner

10 Feb 2016 The Abu Dhabi Fund for Development participated in the World Government Summit, held from 8 to 10 February, 2016 in Dubai under the theme 'Shaping Future Governments', as a strategic partner.

Mohammed Saif Al Suwaidi, Director General of ADFD, joined other government officials at the summit to discuss international goals for sustainable development, coordination and combined efforts f...Read More...

ADFD Finances Hydropower Project in Argentina

08 Feb 2016 Abu Dhabi Fund for Development (ADFD) signed an AED55 million (US$15 million) loan agreement with Argentina to finance the construction of the Nahave Hydropower project in the north of the country. The project financing agreement was formalized at a ceremony attended by His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs and Her Excellency Susana Malcorra, Argentina's...Read More...

Abu Dhabi Fund for Development and participate in the week

03 Feb 2016 Abu Dhabi Fund for Development and participate in the week Read More...

ADFD Signs AED55 Million Loan Agreement with St. Vincent and the Grenadines

02 Feb 2016 Abu Dhabi Fund for Development (ADFD) has inked an AED55 million (US$15 million) loan agreement with Saint Vincent and the Grenadines to set up a geothermal power station in the island country. The agreement, the first of its kind between ADFD and St. Vincent and the Grenadines, was signed between H.E Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) and H.E Ralph...Read More...

Inauguration of Asian Infrastructure Investment Bank (AIIB)

17 Jan 2016 His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD) participated in the opening of the Asian Infrastructure Investment Bank (AIIB) in China. AIIB was set up to serve as a new platform for regional and international cooperation in infrastructure development across Asia.

UAE joined Asian Infrastructure Investment Bank (AIIB) as a permanent...Read More...

World Future Energy Summit

16 Jan 2016 ADFD participated in the World Future Energy Summit (WFES) convened on the sidelines of Abu Dhabi Sustainability Week. ADFD’s pavilion at WFES provided visitors with a glimpse of the critical role played by the Fund in supporting renewable energy projects across developing countries. In addition, ADFD highlighted its contribution to financing development projects in various developing countr...Read More...

ADFD Participates in OFID Meeting

30 Nov 2015 ADFD took part in the 36th ministerial meeting of OPEC Fund for International Development (OFID) as part of the UAE delegation. Held in Vienna, Read More...

Abu Dhabi Fund for Development Celebrates UAE Flag Day

03 Nov 2015 Abu Dhabi-UAE: 3 November, 2014 – Abu Dhabi Fund for Development (ADFD) participated today in the UAE Flag Day celebrations by hoisting the national flag in the ADFD premises, as per the instructions of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE and Ruler of Dubai.

The day coincides with the ascension of His Highness Sheikh Khalifa bin Zayed Al Nahyan, Preside...Read More...

ADFD Offers AED55 Million Concessionary Loan to Build Four Solar Power Plants in Cuba

05 Oct 2015

Abu Dhabi-UAE: 5 October, 2015 – Abu Dhabi Fund for Development (ADFD) has offered the Government of Cuba AED55 million in concessionary loan to support the energy sector and promote the overall economic development in Cuba.

The loan agreement was formalized at a signing ceremony held during a visit by the UAE delegation headed by His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minist...Read More...

UAE Becomes Founding Member of Asian Infrastructure Investment Bank

29 Jun 2015

Al Jaber: Signing of AOA Articulates Importance Placed by UAE Leadership on Supporting Infrastructure Development Projects Al Suwaidi: Agreement with AIIB Aligned with the UAE Leadership Vision to Promote International Collaboration AIIB Provides New Platform for Regional and International Cooperation in Infrastructure Development across Asia

Abu Dhabi-UAE: 29 June 2015 – The UAE has s...Read More...

ADFD Extends AED22 Million Loan to Maldives

22 Jun 2015 Abu Dhabi-UAE: 22 June, 2015 – Abu Dhabi Fund for Development (ADFD) signed a loan agreement with the government of the Republic of Maldives, by which ADFD will finance AED22 million a project that will generate energy from waste.

The loan agreement articulates ADFD’s priority to finance renewable energy in brotherly and friendly countries given the importance of this sector in acce...Read More...

Abu Dhabi Fund for Development to Finance Key Infrastructure Projects in Madagascar

20 Nov 2014 Abu Dhabi-UAE: 20 November, 2014 - Abu Dhabi Fund for Development (ADFD) is set to extend AED110 million in soft loans to the Republic of Madagascar for the construction of a 117km two-lane road and seven bridges that will connect key rural areas of the country.

Confirming the Fund’s support, a Memorandum of Understanding (MoU) was signed between His Excellency Mohammed Saif Al Suwaidi, Direct...Read More...

Abu Dhabi Fund for Development to Finance Key Infrastructure Projects in Madagascar

20 Nov 2014 Abu Dhabi Fund for Development to Finance Key Infrastructure Projects in Madagascar
Fund Signs AED110 Million Loan Agreement with Republic of Madagascar to Support Construction of Key Roads, Bridges

Abu Dhabi-UAE: 20 November, 2014 - Abu Dhabi Fund for Development (ADFD) is set to extend AED110 million in soft loans to the Republic of Madagascar for the construction of a 117km ...Read More...

ADFD Hosts Results Based Management Training Program in Collaboration with German Agency for International Cooperation

18 Nov 2014 Abu Dhabi-UAE: 18 November, 2014 - Abu Dhabi Fund for Development (ADFD) has concluded a training program in Results Based Management (RBM) in collaboration with German Agency for International Cooperation (GIZ).

The training program was delivered as part of ADFD’s priority to enhance cooperation with other development agencies through providing training programmes that help improve their ope...Read More...

Abu Dhabi Fund for Development and Slovak Republic Set to Strengthen Bilateral Relations

17 Nov 2014 Abu Dhabi-UAE: 17 November, 2014 – A high-level government delegation from the Republic of Slovakia headed by His Excellency Dusan Hornyak, Ambassador to the UAE, visited the Abu Dhabi Fund for Development (ADFD) to explore opportunities for further bilateral collaboration with the UAE.

His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD, welcomed the delegation and reiterated th...Read More...

Masdar Delivers Samoa’s First Wind Farm

30 Aug 2014 Abu Dhabi, UAE – 29 August, 2014: The Samoan Prime Minister, the Honorable Tuilaepa Aiono Sailele Malielegaoi, today inaugurated the country’s first wind farm. Delivered by Masdar, Abu Dhabi’s renewable energy company, the 550 kWe project is the second completed under the United Arab Emirates’ (UAE) $50 million Pacific Partnership Fund, which is managed by Abu Dhabi Fund for Development (ADFD). Th...Read More...

ADFD finances a major road project in Gambia

01 Jul 2014 Abu Dhabi Fund for Development (ADFD) signed a loan agreement by virtue of which ADFD will provide more than AED 36.7 million loan to the Republic of Gambia. The loan will be used in financing the reconstruction and upgrading of the “Laminkoto – Passimus” road project. ADFD’s contribution in financing this vital project came from the belief in the important role played by the road networks in e...Read More...

ADFD finances a major road project in Gambia

01 Jul 2014 AED 36.7 million as a loan agreement ADFD finances a major road project in Gambia
• Al Suwaidi: Road project will have a positive impact on the achievement of economic integration, and stimulating social development in the country

Abu Dhabi 1st July, 2014 Abu Dhabi Fund for Development (ADFD) signed a loan agreement by virtue of which ADFD will provide more than AED 36.7 mil...Read More...

ADFD bolstering the renewable energy sector in Sierra Leone

29 Jun 2014 “Solar Park Project Receiving AED 33 Million”
ADFD bolstering the renewable energy sector in Sierra Leone

Abu Dhabi, 29th June 2014 – Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the government of Sierra Leone, by which ADFD will provide more than AED 33 million in financing to the “Solar Park Freetown” project in Sierra Leone. The agreement was signe...Read More...

ADFD prop up the renewable energy sector in Mauritania

26 May 2014 “Establishment of 4 stations for power generation”
ADFD prop up the renewable energy sector in Mauritania


Abu Dhabi, 26th May 2014 – Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the government of Mauritania, by which ADFD will provide AED 18.36 million to contribute in financing 4 power stations in four different cities in Mauritania. ...Read More...

Loan Agreement worth AED 356 million to support irrigated agriculture in Serbia

09 Mar 2014 Abu Dhabi, 9th Mar 2014 – Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the government of Serbia, by which ADFD will provide AED 356 million to contribute in financing a significant project in agriculture sector specifically irrigated agriculture.

The agreement was signed by His Excellency Mohammed Saif Al Suwaidi, Director General of ADFD and H.E Lazar Krstic,...Read More...

ADFD supports the higher education system in Zambia

26 Feb 2014 “Establishment of 3 university colleges”
ADFD supports the higher education system in Zambia

Abu Dhabi, 26th Feb 2014 – Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the government of Zambia, by which ADFD will provide AED 36.7 million to contribute in establishing 3 university colleges in three different sites of the country.

T...Read More...

5 Pacific Countries to Receive Grants from UAE’s $50m Renewable Energy Fund

24 Jan 2014 Masdar, in partnership with Abu Dhabi Fund for Development, will develop wind and solar projects to support economic and social development across the Pacific Islands

Abu Dhabi, UAE – 20 January, 2014: The United Arab Emirates today signed partnerships with five Pacific island countries to deploy renewable energy projects, financed from the US$50 million UAE-Pacific Partnership Fund. ...Read More...

ADFD supports the transportation sector in Senegal

21 Jan 2014 AED 53.3 million as loan agreement
ADFD supports the transportation sector in Senegal

• Al Suwaidi: Road project will reflect positively on the economic growth, and stimulating social development in the country

Abu Dhabi 21st Jan, 2014 Abu Dhabi Fund for Development (ADFD) signed a loan agreement by virtue of which ADFD will provide more than AED 53...Read More...
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