The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank…
Fund for African Private Sector Assistance approves three projects to spur SME development in Africa
Donors to the Fund for African Private Sector Assistance (FAPA) – consisting of the African Development Bank, the Government of…
IFC to help plug US$4.5bn infrastructure gap in Africa
The International Finance Corporation, IFC and the China-World Bank Partnership Facility announced efforts to increase cross-border partnerships that will bring global…
European Investment Bank announces US$25m financing for Africa to develop off-grid solar systems
The European Investment Bank (EIB) has agreed to provide US$25m to d.light design to strengthen access to energy in Africa…
Africa Union Launches the African Continental Free Trade Area (AfCFTA)
Forty-four African countries signed the African Continental Free Trade Area (AfCFTA) agreement on Wednesday March 21, at the 10th Extraordinary…
African SMEs set to benefit from US$74million guarantee
The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) entered into a re-guarantee transaction of an amount of…
Green Climate Fund approves over US$1 billion in funding for climate mitigation and adaptation
The first Green Climate Fund (GCF) Board meeting of 2018 concluded today (March 1) after approving 23 projects, valued together…
African Development Bank Board Approves Rockefeller Foundation Trust Fund
The Board of Directors of the African Development Bank Group has approved the establishment of a Rockefeller Trust Fund to…
Spain, Three African Countries and the Global Fund Launch New Debt2Health Initiative
The government of Spain today announced an agreement to waive debts owed by Cameroon, the Democratic Republic of Congo and…
Japan provides US $700 million to African Development Fund
The Japan International Cooperation Agency (JICA) has signed a loan agreement with the African Development Fund (ADF) designed to provide…
