News

Construction of the first African Medical Centre of Excellence commences in Abuja

12-08-2021 | 15:10:51
African Export-Import Bank (Afreximbank) is formally breaking ground for the construction of the African Medical Centre of Excellence (AMCE) in Abuja, Nigeria.

IFC and AECF launch second round of business competition to support Kenyan refugee area

12-08-2021 | 14:48:53
IFC and the AECF launched the second round of a global competition for private sector and social enterprise projects to support investment, development, and job creation in Kenya's Kakuma refugee camp and hosting area.

Réformes de la dette devraient être au centre des initiatives pour sortir l’Afrique de la phase critique

12-08-2021 | 08:35:00
Les pays africains devraient mener des réformes économiques cruciales et de gouvernance pour permettre au continent de sortir de la crise historique provoquée par la pandémie de Covid-19.

USTDA partners with Africa Investment Forum to support infrastructure solutions for sub-Saharan Africa

12-07-2021 | 11:40:14
The U.S. Trade and Development Agency (USTDA) launched a Memorandum of Understanding with the African Development Bank’s Africa Investment Forum (AIF) to support high-quality infrastructure solutions for sub-Saharan Africa.

[Kenya] CMA approves Kshs3.9 billion corporate bond for investment in affordable housing

12-07-2021 | 11:22:00
As part of its efforts to facilitate affordable housing, which is a pillar of the Big Four National Government Agenda, the Capital Markets Authority (CMA) approved the issuance of a secured Ksh3.9 billion Medium Term Note programme.

FMO and Collaborative for Frontier Finance partner to launch an Emerging Capital Allocators project across Africa

12-07-2021 | 08:05:39
The project will provide an opportunity for more aspiring fund managers, particularly in Ghana, Morocco and Tanzania, to gain the necessary experience to start raising capital, managing assets, and closing deals.

MCB upgrades its Dubai presence to build stronger bridges between Africa and global markets

12-06-2021 | 13:02:02
The Mauritius Commercial Bank (MCB) announced it has been licensed by the Dubai Financial Services Authority to provide Advising and Arranging services.

Afreximbank signs US$50 million partnership with FONSIS to support project preparation activities in Senegal

12-03-2021 | 11:23:00
Afreximbank has signed a Memorandum of Understanding with Fonds Souverain d’Investissements Stratégiques to provide project preparatory capital to assist public and private sector investors to progress projects from concept stage to bankability in a timely manner in Senegal.

EIB, TDB join forces to back investment in fragile contexts in Africa

12-03-2021 | 09:05:00
Access to finance by entrepreneurs and businesses with an impact on people in fragile situations across Africa will be bolstered by a new 12-year €81.5 million initiative launched by the EIB and the TDB.

L'AfDB accorde une ligne de crédit de 35 millions de dollars à EBI SA, filiale d’Ecobank International

12-03-2021 | 08:18:00
Le Conseil d’administration de la Banque africaine de développement a approuvé une ligne de crédit de 35 millions de dollars américains à EBI SA, filiale d’Ecobank International, pour ses activités de financement du commerce en Afrique.

OPEC Fund extends $80 million loan to Afreximbank to boost regional integration in Africa

12-03-2021 | 07:15:51
The OPEC Fund’s support will assist in boosting Afreximbank’s liquidity to grow its loan portfolio as it finances exports and imports in critical sectors across Africa such as agriculture, manufacturing and healthcare.

AfDB Board approves a $35 million facility for Ecobank International affiliates, EBI SA trade finance activities in Africa

12-03-2021 | 07:06:00
The facility aligns with the acute market demand for trade finance in Africa in agriculture, transport, construction, health and manufacturing, and is consistent with the Bank’s High 5 strategic priorities.

DriveWealth partners with Hisa Technologies to expand access to investing and financial literacy in Kenya

12-02-2021 | 08:00:13
Leveraging DriveWealth’s real-time fractional trading technology, Hisa users can invest in fractional shares of U.S. stocks, while benefiting from educational content such as news, podcasts, and user generated discussions geared toward improving financial health directly through the app.

AfDB, IFC partner to advance economic development in Lusophone African countries

12-02-2021 | 06:47:00
The African Development Bank (AfDB) and The International Finance Corporation (IFC), signed a partnership agreement admitting IFC as the first institutional partner to the Development Finance Compact for Portuguese-Speaking Countries of Africa.

4G Capital partners with CGAP to develop financial stress early warning system

12-01-2021 | 09:40:00
By incorporating financial stress monitoring into risk management processes, EWS enables an early assessment of and response to borrowers experiencing financial stress to help reduce the risk of over-indebtedness.