The Eastern and Southern African Trade and Development Bank (TDB) and USAID’s Power Africa initiative have today signed a memorandum…
International Islamic Trade Finance Corporation launches new funding scheme for West African SMEs
The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, recently announced two major initiatives…
World Bank, Germany, and UK launch $145 million Global Risk Financing Facility
The World Bank Group, in partnership with the governments of Germany and the United Kingdom, announced a US$145 million Global…
Africa Finance Corporation acquires $300m facility from EXIM Bank of China
Africa Finance Corporation (“AFC” or “the Corporation”), the leading infrastructure development finance institution in Africa, announces its successful acquisition of…
Nordic Investment Bank, Afreximbank sign €100 million loan facility
The Nordic Investment Bank (NIB) and the African Export-Import Bank (Afreximbank) have signed a 10-year loan programme of EUR 100…
Bold Climate Action Could Deliver US$26 Trillion to 2030, Finds Global Commission
A major report released by the Global Commission on the Economy and Climate finds that we are significantly under-estimating the…
African Agriculture Summit Delivers Commitments to Attract Billions of Dollars in Agribusiness Investments
The African Green Revolution Forum (AGRF), the continent’s most influential gathering around Africa’s largest economic sector, concluded Saturday September 8…
AfDB approves US$ 15 million Equity Investment to boost SME growth in West Africa
Dr. Akinwunmi Adesina, President, African Development Bank The Board of Directors of the African Development Bank has approved a US$…
China to implement eight major initiatives with African countries
President Xi Jinping on Monday said China will implement eight major initiatives with African countries in the next three years…
AfDB, NDF and Partners Launch Off-Grid Energy Access Fund with $58 Million
The African Development Bank (AfDB), the Nordic Development Fund, and other partners have committed $58 million to support the Off-Grid…
