Climate financing by the world’s largest multilateral development banks (MDBs) in developing countries and emerging economies rose to an all-time…
African Development Bank, partners launch new fund to boost digital financial inclusion
The African Development Bank and its partners on Wednesday (June 12) launched the Africa Digital Financial Inclusion Facility (ADFI), designed…
AFREXIMBANK, NEXIM to provide $1bn finance for Africa’s trade, infrastructure development
The African Export-Import Bank (AFREXIMBANK) has said it is partnering with the Nigerian Export-Import Bank (NEXIM) to provide about $1billion…
Helios Investment Plans $1.25 Billion Pan-Africa Fund
Helios Investment Partners LLP, the Africa-focused private equity firm, plans to raise a fund of about $1.25 billion to invest…
UN and African Union in ‘common battle’ for development and climate change financing
UN Secretary-General António Guterres has called for a “quantum leap” in funding for development and climate change for Africa, speaking…
Seven more African countries join the Global Financing Facility
Following the GFF replenishment event in November 2018 that raised more than US$1 billion for the Global Financing Facility for…
AfDB, Fidelity Bank to fund MSMEs with $50m
The African Development Bank and Fidelity Bank Plc have signed a $50m financing agreement aimed at the funding and promoting…
AfDB, Natixis sign US$50million agreement to boost trade finance in Africa
The African Development Bank has signed a US$ 50 million risk participation agreement with investment and corporate bank Natixis. The…
AECF, DFID launch £16 million competition for solar system businesses in sub-Saharan Africa
The Africa Enterprise Challenge Fund (AECF) in partnership with United Kingdom Government has launched the Household Solar Round 2 competition worth…
Acumen Closes $70 Million Impact Fund for Clean Energy in Africa
Jacqueline Novogratz’s impact investing group closed an almost $70 million fund to back companies delivering affordable and renewable energy to…
