The OPEC Fund for International Development (the OPEC Fund) has approved US$100 million in new funding to support development operations in…
DFC Approves $3.6 Billion of New Investments in Global Development in Largest Quarter Ever
The U.S. International Development Finance Corporation (DFC) Board of Directors has approved investments this quarter totaling more than $2.5 billion…
Afreximbank provides $400m to the Export Trading Group to drive agricultural productivity and resilience
The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, has approved a $400-million revolving global credit facility agreement…
One Acre Fund secures $20 million to catalyze institutional capital for African farmers
Conventional investors see uncompensated risk. Investors of ‘catalytic capital’ see an opportunity for outsized impact. One Acre Fund has spent…
AFD and Afreximbank sign a EUR 150 million agreement aimed at promoting sustainable and climate finance in Africa
On July 2nd 2020, Agence Française de Développement (AFD) and the African Export-Import Bank (AfreximBank) have announced a new facility…
AU agency launches program to assist African businesses
The African Union Development Agency (AUDA-NEPAD) has launched a program to help Africa’s Micro, Small and Medium Enterprises (MSMEs) to…
Climate financing by leading multilateral development banks tops $61.6 billion
Climate financing by seven of the world’s largest multilateral development banks (MDBs) totalled $61.6 billion in 2019, of which $41.5…
IFC Invests $5.6 Billion for Private Sector Development in Africa and the Middle East
IFC, a member of the World Bank Group, committed $5.6 billion to private sector development in the Middle East and…
Afreximbank Disburses $3.55bn to Cushion Impact of COVID-19, $300m to Stimulate Intra-African Trade
The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade finance institution, has disbursed a total of $3.55bn to the Egyptian…
DFC to Launch Regional Team Based in Africa
U.S. International Development Finance Corporation (DFC) announced that it is launching the Africa Investment Advisor Program, which establishes a regional…
