Africa Finance Corporation (“AFC” or “the Corporation”), the leading infrastructure solutions provider in Africa, announces the successful issuance of a…
Regional growth in sub-Saharan Africa projected to be 3.4% in 2019 and 3.6% in 2020 – IMF
In the last World Economic Outlook, the International Monetary Fund projects regional growth in sub-Saharan Africa to be 3.4% in…
African Infrastructure Investment Managers announces the final close of African Infrastructure Investment Fund 3 at US$320 million
AIIF3 targets significant influence investments across the power, transport and midstream energy sectors in Sub-Saharan Africa – areas with the…
US$150m approved for Off-grid electrification project in the sub-region
US $150m has been approved by World Bank and the Clean Technology Funds (CTF) for the implementation of the Off-grid electrification project (ROGEP) which will facilitate…
OPay targets new Africa markets after $50M funding
Nigeria-focused mobile payments company OPay raised $50 million from investors, cash it plans to use to expand the scale and…
The African Union will launch operational phase of the AfCFTA at Summit in Niger
“It goes without saying that the most emblematic of the flagship projects of Agenda 2063 is the African Continental Free…
Regional growth in sub-Saharan Africa projected to be 3.3% in 2020 – World Bank
Global economic growth is forecast to ease to a weaker-than-expected 2.6% in 2019 before inching up to 2.7% in 2020.…
MDB Climate Finance Hit Record High of $43.1 Billion in 2018
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…
