U.S. International Development Finance Corporation (DFC) announced the financial commitment of four transactions under a partnership with U.S. Agency for…
African Development Bank Board approves $1.5 billion facility to avert food crisis
The African Development Bank Group’s Board of Directors on Friday approved a $1.5 billion facility to help African countries avert…
Afreximbank and APPO to establish an African energy bank
The African Export Bank (Afreximbank) and the African Petroleum Producers Organisation (APPO) have committed to the establishment of an African…
Commonwealth signs MoU with the International Islamic Trade Finance Corporation
The Commonwealth Secretariat and the International Islamic Trade Finance Corporation signed a Memorandum of Understanding (MoU) today to collaborate on…
Africa Finance Corporation launches US$2bn facility to support economic recovery & resilience in Africa
In response to economic challenges created by the global pandemic and the Russia-Ukraine conflict, Africa Finance Corporation (AFC) is launching…
PAPSS announces collaboration with BUNA to build a payment gateway between Africa and the Arab region
The Pan-African Payment and Settlement System (PAPSS) operated by African Export-Import Bank (Afreximbank) in collaboration with the African Continental Free…
We-Fi announces new round of funding for women entrepreneurs; $15 million to the Africa Digital Financial Inclusion Facility to improve access to finance for women-owned small businesses
The Women Entrepreneurs Finance Initiative (We-Fi) has announced a new round of funding under which the African Development Bank’s Africa…
ECOWAS and ITC announce launch of ECOWAS – ITC SheTrades project
The GIZ-funded project will focus on creating inclusive policy environments for West African women to trade across the AfCFTA. The…
DFIs Pledge to Enhance Collaboration in Support of Infrastructure Development
The leaders of more than 15 Development Finance Institutions (DFIs) gathered today to affirm their commitment to transparent and sustainable private sector…
Norfund invests US$7.5M in Continental Blue Investments
Norfund, a development finance institution has invested US$7.5 million in Continental Blue Investments Ghana Limited (CBI) to create jobs while reducing emissions. The investment has…
Financing for Development in Africa 