Multi-million loan agreements for energy projects have been signed by Tonga, Solomon Islands and the Asian Development Bank last week, to help the transition from dependency on diesel fuel imports to renewable energy. The projects, also supported by a grant from Australia, will help Tonga to meet its 70% renewable energy target by constructing a new 33 kilovolt (kV) electricity network.
You are here
Results for ADB
Monday 25 November 2024
Premium content
Baku, Azerbaijan

Friday 27 September 2024
Premium content
Suva, Fiji
Financing agreements to extend the Pacific Region Infrastructure Facility (PRIF) for an additional four years have been signed by the Asian Development Bank (ADB), the governments of Australia, New Zealand and the United States, the European Investment Bank, the European Union, the Japan International Cooperation Agency, and the World Bank Group, at the PRIF Management Committee Meeting that was held on Wednesday in Suva. The PRIF will be based in Suva.

Saturday 3 August 2024
Premium content
Nuku'alofa, Tonga
The proportion of women in business leadership has mostly remained steady since 2021, in Tonga, where men still hold over four out of every five board director positions, and the number of boards with no women directors at all has increased, from 22% in 2021 to 31% in 2024, according to a new report published by the Asian Development Bank’s (ADB’s) Pacific Private Sector Development Initiative (PSDI).

Friday 12 April 2024
Premium content
Manila, Philippines
The Asian Development Bank (ADB) and the Government of Tonga signed a $10 million policy-based grant agreement today, 12 April, to help expedite economic recovery from disasters caused by natural hazards and health emergencies.

Tuesday 26 December 2023
Premium content
Nuku'alofa, Tonga
Three community-based aged care centers will be built in Tongatapu with one in Vava'u, under a new USD $16.18 million project signed by the Asian Development Bank (ADB) and the Ministry of Internal Affairs. The Tonga Integrated Aged Care Project will help provide safe, high-quality integrated health and care services for older people and their caregivers.

Thursday 9 November 2023
Premium content
Nuku'alofa, Tonga
The quality of Tonga's water supplies will come into focus next week, when stakeholders come together for a workshop to look at water supply and sanitation management. The Water Safety Planning process will result in a Quality Risk Assessment for the Nuku’alofa Water Supply System. At a second workshop, the Ministry of Health and ADB, will present findings from a recent pilot study on Village Water Supply systems in Tongatapu.

Wednesday 8 November 2023
Premium content
Nuku'alofa, Tonga
Grant agreements worth an additional USD30 million, for the Nuku'alofa Port Project, were signed by Tonga's Minister for Finance, Hon Tiofilusi Tiueti and Asian Development Bank Director General for the Pacific, Leah Gutierrez, in a virtual meeting on 2 November. The additional financing from the ADB and Australia will address cost overruns under the AUD126 million total project,

Monday 10 July 2023
Premium content
Nuku'alofa, Tonga
Tonga faces permanent losses from sea level rise and is at risk from a seismic events, a new multi-hazard report finds. The 2023 Multi-Hazard Disaster Risk Assessment was launched by Tonga’s Deputy Prime Minister Hon. Samiu Vaipulu and the Minister of Finance, Hon. Tiofilusi Tiuteti, and ADB Disaster Risk Management Specialist, Alexandra Galperin on in Nuku’alofa on 6 July.

Wednesday 28 June 2023
Manila, Philippines
An $8 million grant to the Government of Kiribati was disbursed by the Asian Development Bank to help fund drought relief efforts.
Thursday 13 April 2023
Premium content
Nuku'alofa, Tonga
Growth in Tonga’s economy is projected to reach 2.5% in 2023 expanding further to 3.2% in 2024, according to the latest edition of the Asian Development Bank's economic report presented in Nuku'alofa today, 13 April. ADB Public Sector Economist, James Webb said, like its South Pacific neighbours, Tonga has faced an immensely difficult past three-years. Inflation is forecast to accelerate to 9.4% this year, with remittances providing some potential relief to households.

Friday 10 March 2023
Manila, Philippines
USD$38 million in contingent disaster financing has been approved to help Kiribati, Samoa, Solomon Islands, and Tonga respond to disasters caused by natural hazards and health emergencies from the Asian Development Bank.
Wednesday 9 November 2022
Premium content
Sharm El-Sheikh, Eqypt
Grants of $16.5 million for the Blue Pacific Finance Hub, which aims to build ocean and coastal resilience in countries threatened by the impacts of climate change was announced by the Asian Development Bank with the Global Environment Facility and the Nordic Development Fund at COP27, in Egypt.

Thursday 15 September 2022
Premium content
Nuku'alofa, Tonga
Solar power for around 197 households on the small island of ‘Uiha in the Ha’apai Group, was tested this week marking an important transition from diesel to solar power generation, ahead of commissioning at the end of the month. The island's two villages, which had only six hours of electricity a day, now enjoy 24 hours a day of 100% renewable power.

Monday 8 August 2022
Premium content
Nuku'alofa, Tonga
The contract to upgrade, rehabilitate and expand Tonga’s international port, Queen Salote Wharf was signed on 4 August between the Government of Tonga and McConnell Dowell Constructors Ltd of New Zealand.

Thursday 2 December 2021
Premium content
Nuku'alofa, Tonga
USD$5 million funding from the Asian Development Bank will “help restore and accelerate private sector-led economic growth in Tonga after the COVID-19 pandemic”, after the Tonga Government signed a grant agreement with the ADB on Wednesday, 1 December.

Thursday 1 July 2021
Premium content
Manilla, Philippines
A five-year strategy to help 12 smallest Pacific Island countries, including Tonga, build resilience against economic shocks, deliver sustainable services, and promote inclusive and sustainable growth, was endorsed by the Asian Development Bank (ADB).

Friday 30 April 2021
Premium content
Manila, Philippines
The economies of the Cook Islands, Niue, Samoa, and Tonga will continue to decline in 2021. “The COVID-19 pandemic is the worst economic crisis in the history of these countries,” said economist James Webb. “While lives have been saved, livelihoods have been lost.” Economic recovery in tourism-dependent Polynesian countries will be slow, says a new ADB report.

Wednesday 21 April 2021
Premium content
Nuku'alofa, Tonga
A training series on Power Purchase Agreements for a Pacific Energy Regulators Alliance was launched by the Asian Development Bank on April 14.

Wednesday 30 December 2020
Suva, Fiji
A Fiji $2 million grant to help Fiji recover from the devastating impact of Cyclone Yasa was dispatched by the Asian Development Bank on 24 December. Damage assessments indicated that about 93,000 people, or 10% of the population were directly affected.
Monday 7 December 2020
Premium content
Manila, Philippines
The Asian Development Bank (ADB) has approved a USD$45 million grant to help rehabilitate and upgrade the international port at Queen Salote Wharf in Nuku’alofa, ADB announced on December 4.
