News

Proparco strengthens partnership with Equity to support MSMEs in Kenya

10-29-2021 | 13:51:00
In line with the Choose Africa initiative, Proparco granted Equity Bank two guarantee facilities, ARIZ and EURIZ totalling €39 million (5 billion KES) to help the bank further support job creation for MSMEs in Kenya.

Ellevate By Ecobank continues to soar high

10-29-2021 | 11:11:00
The Ecobank Group, the leading pan-African banking group, has won two awards with its Ellevate Programme.

Le programme Ellever par Ecobank continue de se distinguer

10-29-2021 | 11:06:00
Le Groupe Ecobank, premier groupe bancaire panafricain, a remporté deux prix pour son programme « Ellever »

Allocation de $15,5 millions pour soutenir l'intégration économique et la création d'emplois dans les pays arabes

10-29-2021 | 09:46:00
La Société internationale islamique de financement du commerce (ITFC) a organisé une cérémonie de lancement de la deuxième phase du programme de l'Initiative d'aide au commerce des États pays arabes (AFTIAS 2.0) au siège du Groupe de la Banque islamique de développement (BID) à Djeddah, Royaume d'Arabie saoudite.

World Bank commits $150 million to strengthen Kenya’s resilience to climate change

10-28-2021 | 14:57:00
The programme’s development objective is to deliver locally-led climate resilience actions and strengthen county and national governments' capacity to manage climate risks.

OPEC Fund partners with Asian Infrastructure Investment Bank to provide infrastructure funding in Egypt

10-28-2021 | 14:55:24
The financing package includes a $150 million loan from AIIB and a $50 million loan from the OPEC Fund, and will help bridge the infrastructure funding gap in Egypt, leveraging NBE’s broad network in the country.

AfDB approves $10 million equity investment to boost cold storage and distribution of food, pharmaceuticals in East Africa

10-28-2021 | 14:49:50
The investment will advance the Fund toward its targeted final close of $100 million by the second quarter of 2022. The Fund’s first close of $30 million occurred in November 2019.

Afreximbank launches $6.5 billion equity capital increase

10-28-2021 | 10:04:00
The African Export-Import Bank (Afreximbank) has embarked on a $6.5 billion General Capital Increase (GCI) to expand its capacity to deliver on its core mandate and diversify its range of services.

NuRAN Wireless announces approval for project loan with Bank-Cameroon

10-27-2021 | 11:11:53
NuRAN Wireless Inc. is pleased to announce the approval by the credit committee of a local Cameroon bank of a project loan facility to fund the construction of up to 122 sites in Cameroon.

Absa group board appoints Sello Moloko as Chairman-designate

10-27-2021 | 10:52:20
The Absa Group Limited Board today announced the appointment of Sello Moloko as independent non-executive director and Chairman-designate with effect from 1 December 2021.

African Development Bank launches GBP 500m Global Benchmark bond due 16 December 2024

10-27-2021 | 10:47:54
The African Development Bank (AfDB) has launched and priced a highly successful GBP 500 million long 3-year Global Benchmark bond due 16 December 2024, its second pound sterling benchmark transaction of the 2021 calendar year.

Trade and Development Bank and ICD sign deal to support private sector investment in common African member states

10-27-2021 | 09:00:42
The agreement establishes a framework for both institutions to collaborate with the aim of financing eligible transactions in targeted countries sponsored by the private sector or non-sovereign backed projects.

European Investment Bank leverages EUR 95 million to finance Rwandan businesses

10-26-2021 | 12:44:19
New investments by companies across Rwanda most impacted by COVID-19 will be supported with EUR 95 million of new financing backed by the European Investment Bank (EIB).

[Niger] La résilience à l’insécurité alimentaire et nutritionnelle se renforce avec le soutien de l'AfDB

10-26-2021 | 09:04:00
Le Programme de renforcement de la résilience à l’insécurité alimentaire et nutritionnelle au Sahel a quasiment atteint ses objectifs.

Algeria becomes EBRD's latest shareholder

10-25-2021 | 15:51:07
Algeria has become the 73rd shareholder of the European Bank for Reconstruction and Development (EBRD) by completing the membership process.