-
Folorunsho Alakija stands as an extraordinary testament to the heights of success and philanthropy achievable through unwavering vision and determination. Serving as the Vice Chairman of FAMFA Oil, Alakija has …
-
Despite the gender gap and social challenges, entrepreneurial women across the world and in the Middle East and Africa (MEA) are leading the way in tapping into the power of …
-
A study by Harvard Business Review found that countries that had managed to keep the number of coronavirus cases and deaths low had leaders who were women. Head of 1st …
-
News
Sustainable Energy Fund for Africa welcomes Japan as donor; showcases innovative financing solutions for Africa’s energy transition
The Sustainable Energy Fund for Africa (SEFA) recorded a new milestone at the Africa Investment Forum 2024, with the announcement of Japan as its newest contributor, expanding the Fund’s donor …
-
News
Madagascar: African Development Bank Group grants a $165 million loan to develop roads in Southern Madagascar and facilitate trade
The Board of Directors of the African Development Bank Group has approved a $165 million loan to Madagascar to develop critical trade corridors and improve regional connectivity. The funding, granted …
-
The International Monetary Fund says it is open to renegotiating Ghana’s $3 billion financing programme with President-elect John Dramani Mahama’s administration provided accompanying reforms aren’t jeopardised. “IMF-supported programmes are developed …
-
News
African Development Bank and Trade and Development Bank (TDB) Group strengthen trade finance partnership through a Trade Finance Unfunded Risk Participation Agreement
The African Development Bank Group and the Eastern and Southern African Trade and Development Bank (TDB Group) have signed an agreement for a $150 million Trade Finance Unfunded Risk Participation …
-
News
African Development Bank (AfDB), Development Bank of Southern Africa (DBSA) and institutional investors sign agreement for new African multi-originator synthetic securitization platform
The African Development Bank Group, together with the Development Bank of Southern Africa (DBSA) and key institutional investors Academy Securities, Africa50, and Newmarket, signed a Letter of Intent to explore …
-
News
The African Energy Chamber (AEC) Supports Africa Energy Bank, Bridging Africa’s Energy Financing Gap
Launched by the African Export-Import Bank (Afreximbank) in partnership with the African Petroleum Producers’ Organization (APPO), the Africa Energy Bank – set to commence operations by March 2025 – represents …
