Tag: AFD

ADB and AFD committed to supporting Pakistan in energy crisis

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The Asian Development Bank (ADB) and the Agency Francaise de Development (AFD) has approved over $400 million in loans to support Pakistan’s efforts to offer a more reliable and secure energy sector. ADB aid of $300 million, the third such loan under the Sustainable Energy Sector Reform programme, the bank’s total financing to $1 billion […]…Read More

AFD pledges $16m loan for Aga Khan University expansions

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article image STAFF REPORT KHI: Agence Française de Développement, the French finance institution for development, will provide $16 million loan to the Aga Khan Hospital and Medical College Foundation to support its expansion of infrastructure facilities on the Stadium Road Campus in Karachi. According to an MoU signed between the two sides, this investment will refinance and fund infrastructure projects. Infrastructure financing include the induction of a third 1.75MW gas generator to reduce…Read More