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 … More

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 … More

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 … More

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 … More

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 … More

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 … More

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 … More

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 … More

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 … More

The Arab Monetary Fund announces a Memorandum of Understanding with the African Export-Import Bank to support the expansion of economic and financial ties between the Arab Region and Africa

The Arab Monetary Fund (AMF) and the African Export-Import Bank (Afreximbank) announced today the signing of a Memorandum of Understanding … More