AfDB Signs Grant Agreement with Libya

The African Development Bank (AfDB) Group has signed its first post-revolution grant agreement with the Libyan authorities, to assist with leadership capacity building and democratic transition in the country.

The grant amounts to US $3.5 million to strengthen the efficiency and effectiveness of the Libyan institutions to deliver democratic governance and sustainable economic and social development.

The agreement was co-signed by AfDB Operations Vice-President, Zondo Sakala (pictured) and Libya’s Deputy Finance Minister, on behalf of the country’s Finance Minister, El Kilani Abdulkarim El Kilani.

The signing of the agreement marks the official launch of an AfDB pilot project entitled: “Leading the Way: Developing Leadership Capacity to Support Libya’s Transition”.

The project will support the transitional government and prepare conditions for a successful handover to the new post-election government, while running a pilot leadership training program on leadership capacity and expertise among executive level officials within the public and private sectors as well as the civil society.

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