Opportunik Global Fund to Launch African and Diasporan-Focused Investment Fund

05-03-2023 | 13:29:46
Opportunik Global Fund set to break barriers through its African and Diasporan-Focused Investment Fund.

La Banque Africaine de Développement se dote d’une nouvelle politique de dénonciation des abus

05-03-2023 | 13:05:00
Les entrepreneurs, les consultants et les fournisseurs de la banque sont passibles de sanctions, selon la nouvelle politique de dénonciation.

Société Bel Mabrouk des Travaux et Investissements S.A.R.L est suspendue pour les pratiques frauduleuses

05-03-2023 | 12:35:00
La Banque africaine de développement exclut, pour 13 mois, l’entreprise Société Bel Mabrouk Des Travaux et Investissements S.A.R.L pour pratiques frauduleuses

UK Insurtech YuLife expands to South Africa

05-03-2023 | 10:25:40
. Founded in London in 2016, YuLife achieved rapid traction in the UK insurance market through its flagship product, group life insurance.

Gabon, Sierra Leone accede to establishment agreement of Afreximbank’s Fund for Export Development in Africa

05-03-2023 | 09:31:00
FEDA, the development impact-focused subsidiary of African Export-Import Bank (Afreximbank), has announced the accession of the Gabonese Republic and the Republic of Sierra Leone to the Fund through their recent respective signing of the FEDA Establishment Agreement.

Capria announces first close of its USD 100 Million Global South Fund II

04-27-2023 | 12:26:02
Capria Ventures, a leading Global South specialist venture capital firm, marks the first close of its target USD 100 million fund.

CPDIF invests growth capital in the digital infrastructure and digital services sectors in Sub-Saharan Africa

04-27-2023 | 12:03:28
Convergence Partners Digital Infrastructure Fund (CPDIF) invests growth capital in the digital infrastructure and digital services sectors in Sub-Saharan Africa.

Five Eastern and Southern African countries under negotiation to sign Economic Partnership Agreement (EPA)

04-27-2023 | 11:35:24
Commission reports on eleventh negotiation round with five Eastern and Southern African countries to deepen existing Economic Partnership Agreement

The African Green Bank initiative provides $1.6 million to support the Green Finance Facilities in Africa

04-27-2023 | 11:21:00
The African Development Bank has launched the African Green Bank Initiative to tackle Africa’s key barriers to climate financing and promote resilient, green and sustainable growth.

Vantage Capital announced the final close of its Fourth Mezzanine Fund

04-27-2023 | 10:15:00
Vantage Capital, Africa’s largest mezzanine fund manager, announced today the successful final close on its fourth mezzanine fund. A total of US $377 million of commitments has been secured from a mix of European and US-based commercial investors, as well as a host of development finance institutions (DFIs) that include IFC, BII, SIFEM, DEG, Norfund, Swedfund, Finnfund and EIB.

Standard Chartered and IFC renew commitment to boost global trade by up to $6 billion

04-27-2023 | 10:04:00
Standard Chartered and International Finance Corporation, IFC, have announced the signing of a $700 million investment in IFC's Global Trade Liquidity Program (GTLP) to support global emerging market trade finance.

PAPSS et ASEA établissent un partenariat pour révolutionner les paiements transfrontaliers des bourses de valeurs en Afrique

04-27-2023 | 09:59:00
La Banque africaine d'import-export (Afreximbank) et le secrétariat de la zone de libre-échange continentale africaine (AfCFTA) ont développé le PAPSS, qui permet des paiements transfrontaliers instantanés en monnaie locale.

PAPSS and African Securities Exchange Association partner to promote cross-border payment of stock exchanges in Africa

04-27-2023 | 09:55:17
The Pan African Payment and Settlement System (PAPSS) and the African Securities Exchange Association (ASEA) have signed a Memorandum of Understanding (MoU) to enhance collaboration and cooperation in promoting cross-border payments of Capital Markets infrastructure in Africa.

Africa50 nomme Papa Demba Diallo au poste de Directeur Exécutif, Développement de projets

04-26-2023 | 16:52:00
Africa50, la plateforme panafricaine d'investissement dans les infrastructures, a le plaisir d'annoncer la nomination de Papa Demba Diallo au poste de Directeur général, Développement de projets.

Africa50 et SFI s'unissentpour accélérer la réalisation de projets d'infrastructure bancables an Afrique

04-26-2023 | 16:12:00
Le directeur général de la SFI, Makhtar Diop, et Alain Ebobissé discutent des moyens d'accélérer la réalisation de projets bancables en Afrique

African Development Bank Group, JICA sign $350 million loan agreement to support Africa’s private sector

04-26-2023 | 08:57:00
The African Development Bank and the Japan International Cooperation Agency (JICA) signed a JPY 44,100,000,000 ($350 million) loan to finance the Bank’s support for private sector operations in Africa.

[column] Chernay Johnson: The hard limits of retail digitalisation in Africa

04-26-2023 | 08:19:00
A tech-enabled solution stack has emerged across the retail value chain, spanning solutions which are addressing inefficient sourcing and distribution systems, payments, inventory management, discovery functions, and a whole lot more.

[column] Oluwatobi Amusan : Financial Inclusion in Africa with Embedded Trade Finance

04-24-2023 | 12:48:12
There can be no talk of financial inclusion in Africa without trade finance. Trade promotes economic growth, reduces poverty, fosters economic and cultural links between regions and countries, and facilitates capital movement.

Lepelle Northern Water and the Infrastructure Fund to invest R4.6 billions in the first phase of the Olifantspoort

04-24-2023 | 10:26:00
Lepelle Northern Water and Infrastructure Fund Sign Memorandum of Agreement for Funding for Olifantspoort/ Ebenezer Bulk Water Project Phase 1

AfDB and ILX partner to mobilize European institutional capital for sustainable projects across Africa

04-24-2023 | 08:59:31
The new agreement will mobilize institutional investor capital in support of AfDB’s private sector loan operations focused on African countries.