In a milestone for its pan-Africa mission, Africa Finance Corporation, one of the region’s biggest investors in infrastructure development, today…
African Development Bank trains experts on climate finance action strategy and management
The African Development Bank and the Association of African Development Finance Institutions (AADFI(link is external)) jointly hosted a 3-day virtual workshop to…
IFC, Proparco, and Cerba Lancet Africa Partner to Expand Diagnostic Capacity, Support COVID-19 Response in Africa
To strengthen diagnostic capacity and the health response to COVID-19 in Africa, including in some of the continent’s poorest and…
Afreximbank and the Africa Finance Corporation sign agreement for vaccine manufacturing in Africa
African Export-Import Bank (Afreximbank) has signed a collaboration agreement with Africa Finance Corporation (AFC) to facilitate and support manufacturing of…
DFC, IFC, Proparco, and DEG to Support COVID-19 Vaccine and Pharma Manufacturing in Africa
To strengthen Africa’s vaccine and pharmaceutical development and to accelerate the continent’s recovery from the COVID-19 pandemic, the International Finance…
Afreximbank closes historic US$1.3 billion bond
African Export-Import Bank (Afreximbank) on 10 May 2021 successfully closed a US$1.3 billion dual tenor bond issuance, the Bank’s largest-ever…
DFC and FMO launch US$75million co-financing facility to boost COVID-19 response in developing countries
U.S. International Development Finance Corporation (DFC) and FMO, the Dutch entrepreneurial development bank, today announced the DFC-MASSIF COVID-19 Response Co-Financing…
IFC Announces $2 billion Investment in SMEs and Trade to Support Recovery from COVID-19
Targeting sectors hit hard by COVID-19, IFC today announced a $2 billion commitment to support smaller businesses and increased trade…
AfDB to invest US$3bn in Africa’s pharmaceutical industry
The African Development Bank (AfDB) says over the next ten years, it will invest $3 billion to build Africa’s pharmaceutical…
Remittance flows fall in Sub-Saharan Africa – World Bank
Despite COVID-19, remittance flows remained resilient in 2020, registering a smaller decline than previously projected. Officially recorded remittance flows to…
