-
The Africa Investment Forum kicked off its 2024 Market Days in Rabat, Morocco, with leaders highlighting the continent’s bankability and readiness for investment. In her welcoming remarks, Morocco’s Minister of …
-
News
Afreximbank and Arise IIP commence the construction of the African Quality Assurance Center in Glo-Djigbé Industrial Zone (GDIZ) Benin to boost Intra-African trade: A landmark collaboration between Afreximbank and ARISE IIP
African Export-Import Bank (Afreximbank) and ARISE Integrated Industrial Platforms (ARISE IIP) have announced the commencement of construction works for the African Quality Assurance Centre (AQAC) in Glo-Djigbé Industrial Zone (GDIZ) …
-
News
African Development Bank and Bank of Africa SA sign EUR 50 million risk-sharing agreement to support development of Small and Medium-sized Enterprises (SMEs) and boost African trade
The African Development Bank and Bank of Africa SA have signed a risk-sharing agreement of EUR 50 million to strengthen private-sector financing and promote African trade. The signing ceremony took …
-
News
African Development Fund approves over €156 million for upgrase of cross-border roads connecting Burkina Faso and Mali with Côte d’Ivoire
The Board of Directors of the African Development Fund approved loans totalling €156.66 million recently to Burkina Faso and Mali for the upgrading and asphalting of cross-border roads linking the …
-
News
Arab Coordination Group (ACG) pledges US$10 billion by 2030 to combat desertification and land degradation
The Arab Coordination Group (ACG), a strategic alliance of ten leading development finance institutions, announced a landmark commitment of up to US$10 billion by 2030 to address the critical challenges …
-
News
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) Leads Groundbreaking Effort to Launch the Africa-Arab Guarantee Fund
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-compliant multilateral insurer and a member of the Islamic Development Bank (IsDB) Group has entered into a …
-
The Board of Directors of the African Development Bank has approved a loan of up to $170 million to support the development of the game-changing 1.1 GW Suez Wind Project, …
-
Abu Dhabi’s biggest developer Aldar Properties has acquired a commercial tower in Dubai’s key financial district for 2.3 billion dirhams ($626 million), in one of the largest such acquisitions. The …
-
News
Togo: African Development Fund to provide a partial credit guarantee to support the financing of green and social projects
The Board of Directors of the African Development Bank Group has approved a EUR 200 million partial credit guarantee (PCG) to support Togo’s inaugural sustainable financing to implement green and …
