Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, and the Islamic Corporation for the Development of the…
Remittance inflows to Sub-Saharan Africa soared 14.1 percent to $49 billion in 2021
Officially recorded remittance flows to low- and middle-income countries (LMICs) are expected to increase by 4.2 percent this year to…
Republic of Tunisia becomes Africa Finance Corporation’s 34th member state
The Africa Finance Corporation (“AFC”) has welcomed Tunisia as its 34th member state. Tunisia’s accession brings the total number of North…
DFC Collaborates with USAID and the African Union to Support Financial Inclusion in Sub-Saharan Africa
U.S. International Development Finance Corporation (DFC) announced the financial commitment of four transactions under a partnership with U.S. Agency for…
African Development Bank Board approves $1.5 billion facility to avert food crisis
The African Development Bank Group’s Board of Directors on Friday approved a $1.5 billion facility to help African countries avert…
Afreximbank and APPO to establish an African energy bank
The African Export Bank (Afreximbank) and the African Petroleum Producers Organisation (APPO) have committed to the establishment of an African…
Commonwealth signs MoU with the International Islamic Trade Finance Corporation
The Commonwealth Secretariat and the International Islamic Trade Finance Corporation signed a Memorandum of Understanding (MoU) today to collaborate on…
Africa Finance Corporation launches US$2bn facility to support economic recovery & resilience in Africa
In response to economic challenges created by the global pandemic and the Russia-Ukraine conflict, Africa Finance Corporation (AFC) is launching…
PAPSS announces collaboration with BUNA to build a payment gateway between Africa and the Arab region
The Pan-African Payment and Settlement System (PAPSS) operated by African Export-Import Bank (Afreximbank) in collaboration with the African Continental Free…
We-Fi announces new round of funding for women entrepreneurs; $15 million to the Africa Digital Financial Inclusion Facility to improve access to finance for women-owned small businesses
The Women Entrepreneurs Finance Initiative (We-Fi) has announced a new round of funding under which the African Development Bank’s Africa…
Financing for Development in Africa 