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African Development Bank and Trade and Development Bank (TDB) Group strengthen trade finance partnership through a Trade Finance Unfunded Risk Participation Agreement

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 Agreement (RPA) facility. The agreement was concluded on the sidelines of the African Investment Forum in Rabat, Morocco. The RPA aims at bolstering intra-Africa trade,…

SACE and African Development Bank Group to work together under the “Mattei Plan”

SACE and African Development Bank Group to work together under the “Mattei Plan”

SACE, the Italian insurance-financial group specializing in supporting businesses and the national economic system under the Ministry of Economy and Finance, and the African Development Bank Group, today signed a collaboration agreement to provide credit protection to foster investment in Africa, under the “Mattei Plan”. The signing took place during the African Investment Forum 2024…

Togo: African Development Fund to provide a partial credit guarantee to support the financing of green and social projects

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 social projects. The Partial Credit Guarantee for Mobilisation of Sustainable Financing for Togo project – supported through the African Development Fund, the Bank Group’s concessional…

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