The African Development Bank has reached financial close on financing agreements for a $20 million concessional investment from the Sustainable…
African Development Fund extends $2.5 million in grants to support the regulatory environment in SADC and COMESA electricity markets
The Board of the African Development Bank Group has approved grants of $2.5 million to advance intra-regional harmonization of electricity…
CDC Group announces US$50m trade finance facility with Ecobank as part of its Covid-19 response
CDC Group, the UK’s Development Finance Institution and impact investor, has announced a US$50 million trade finance facility for Ecobank…
Africa announces the rollout of 400m vaccine doses to the African Union Member States and the Caribbean
His Excellency President Cyril Ramaphosa, President of the Republic of South Africa and African Union (AU) COVID-19 Champion, is pleased…
African Development Bank launches new Transaction Guarantee to support SMEs and trade in Africa
The African Development Bank, through its Financial Sector Development’s Trade Finance operations, has launched a Transaction Guarantee instrument designed to…
Guinea, Togo join as shareholders in the Africa Finance Corporation
Africa Finance Corporation, the leading infrastructure solutions provider in Africa, has onboarded the Central Bank of Guinea and the Togolese…
African startups have raised over $1 billion in H1 2021, more than double H1 2020’s figures
According to data from Maxime Bayen, Senior Venture Builder at BFA Global, African startups raised $1.19 billion in the first half of 2021.…
The Sustainable Energy Fund for Africa reports record number of transactions in 2020, secures $90 million in new funding
The Sustainable Energy Fund for Africa (SEFA) approved seven high-impact projects worth $54 million in 2020, its best year in…
Standard Chartered Commits USD 200m Facility With Afreximbank for African Union COVID-19 Vaccination Acquisition Programme
African Export-Import Bank (Afreximbank) and Standard Chartered today announced an agreement for Standard Chartered to provide USD 200m of not-for-profit…
World Bank Financing for COVID-19 Vaccine Rollout Exceeds $4 Billion for 50 Countries
The World Bank announced today that it is providing over $4 billion for the purchase and deployment of COVID-19 vaccines…
