On January 24, CrossBoundary Energy Access (CBEA), Africa’s first project financing facility for mini-grids, announced its launch, with funding commitments … More

The Commission of the Economic Community of West African States (ECOWAS) and the African Development Bank (AfDB) have signed the … More

Partech announces the final closing of its Partech Africa fund at €125 M ($143 M) above its hard cap and … More

Société Ivoirienne de Raffinage (SIR) has finalized a $656 million debt restructuring financed led by Africa Finance Corporation (AFC) as … More

Oui Capital, a venture fund focusing on early stage technology companies in Nigeria, Kenya and South Africa will engage in … More

Bank continues to build its profile in the capital markets for cost-effective resources to finance projects and programs in Regional … More

Remittances to low- and middle-income countries grew rapidly and are projected to reach a new record in 2018, says the … More

The Board of Directors of the African Development Bank has approved a US$7.5 million equity investment in Africa Tech Ventures … More

IFC, a member of the World Bank Group, recently announced a $6 million equity investment in Kobo360 Inc, a tech-enabled … More

The World Bank Group announced  on December 3, a major new set of climate targets for 2021-2025, doubling its current … More