The Green Climate Fund (GCF) has signed an implementation agreement to scale up climate action across 13 African countries. The…
African Development Fund approves $5.5 million grant to fund phase two of flagship Desert to Power energy project in Djibouti, Eritrea, Ethiopia and Sudan
The Board of Directors of the African Development Fund has approved a $5.5 million technical assistance grant to kick-start the…
Afreximbank launches USD 4 billion Ukraine Crisis Adjustment Trade Financing Programme for Africa
The Board of Directors of African Export-Import Bank (Afreximbank) on 31 March 2022 approved the launch of the Ukraine Crisis…
Africa Finance Corporation reports record performance
Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, reported record performance in its latest full-year earnings, driven by high…
UK backs Africa’s ambitious continental free trade initiative
International Trade Secretary Anne-Marie Trevelyan has announced a new UK programme to support the implementation of the African Continental Free…
IFC, African and European Partners Launch Alliance to Support Private Sector Growth in Africa
To support a stronger private sector, entrepreneurship and the growth of small and medium-sized businesses across Africa, African, European, multilateral…
Africa Investment Forum Virtual boardrooms attract $32.8 billion in investment interest
The Africa Investment Forum boardrooms have drawn $32.8 billion in investment interest in bankable projects. Unveiling the results of the…
Partnership between Agence Française de Développement and Afreximbank to support the fight against the Covid-19 pandemic
As part of the EU-AU Summit held in Brussels from 17 to 18 February, Rémy Rioux, Director General of AFD,…
AgDevCo secures $90m of DFI funding to further invest in African agribusinesses to deliver jobs, incomes, and food.
AgDevCo, the specialist investor in early-stage African agribusinesses, today announced a $90m package of new funding from the CDC Group,…
AfricaGoGreen Fund receives over $30 million investments from the African Development Bank, the Sustainable Energy Fund for Africa, and the Nordic Development Fund
The African Development Bank and the Bank’s Sustainable Energy Fund for Africa (SEFA) have approved a combined-equity investment of $20…
Financing for Development in Africa 