The World Bank Group announced on December 3, a major new set of climate targets for 2021-2025, doubling its current…
UK CDC Group plans to invest US$ 4.5bn in Africa
CDC Group plc, the UK’s development finance institution, has announced a commitment of US$25 million to a local fund backing…
AfDB Board approves €7 million investment in Partech Africa Fund
The African Development Bank’s efforts to channel critical investment funding to Africa’s entrepreneurs received a big boost on Wednesday, 18…
EIB and UNIDO join forces to boost sustainable and inclusive industrialisation across Africa
The European Investment Bank (EIB) and the United Nations Industrial Development Organization (UNIDO) are hosting the Africa Day on 22 November in…
The Trade and Development Bank and USAID Sign MoU to Power Africa
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…
