The African Export-Import Bank (Afreximbank) and the Republic of Rwanda, on 22 November 2020, in Cairo, signed key documents related…
The West African Development Bank and AFD will focus on climate finance for post-Covid-19 recovery
The French Development Agency (AFD) and the West African Development Bank (WADB) have strengthened their partnership with a view to…
Finance In Common summit rallies 450 development banks to ramp up, deepen collective efforts to address fragility beyond COVID-19
The first global summit of public development banks on Thursday showcased a collective resolve to accelerate efforts to achieve the…
Afreximbank, ITFC and BADEA Launch COPREFA, US$1.5bn Facility to Support African Resilience and Recovery amid Global Pandemic
The African Export-Import Bank (Afreximbank), the pan-African multilateral EXIM bank, partners with the International Islamic Trade Finance Corporation (ITFC), the…
IFC helps businesses in poorest countries fight pandemic with $4 Billion in COVID-19 financing
IFC’s pandemic response is focused on reaching the most vulnerable people in developing countries. Of the $8 billion in IFC…
African and US development financiers reaffirm their commitment to attracting greater private sector capital to Africa
The continent’s largest development finance institutions have emphasized that a sustained and collaborative approach among development partners to scale up…
AFC’s inaugural CHF150 million green bond to finance Africa’s sustainable development
Africa Finance Corporation (“AFC” or “the Corporation”), the leading infrastructure solutions provider in Africa, today announces the successful issuance of…
Acumen, FMO and Trine invest $5m in Easy Solar
Acumen and FMO have led a $3m Series A Equity round in Easy Solar, a solar company in West Africa. In addition, the…
Africa could gain $89 billion annually by curbing illicit financial flows – UNCTAD
Every year, an estimated $88.6 billion, equivalent to 3.7% of Africa’s GDP, leaves the continent as illicit capital flight, according…
Africa needs urgent trade finance boost in the wake of COVID-19, report finds
There is an urgent need for financing to reenergize Africa’s trade in the wake of the COVID-19 pandemic, according to…
