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Fire: The Three Major Trends Fueling the Embedded Payments Era
Colm Lyon, the Founder and CEO of FIRE, an embedded payments business, shared his insights […]
Ethiopian Airlines Group and African Development Bank sign Letter of Intent for financing of world-class Abusera International Airport
The African Development Bank and Ethiopian Airlines Group have signed a Letter of Intent for the development of the East African nation’s planned Abusera International Airport Project. The $7.8 billion project aims to address increasing passenger and cargo demands, reinforce Ethiopia’s position as a leading aviation hub, and stimulate regional economic growth.
Nigeria: African Development Bank and FSDH Merchant Bank sign $20 million Trade Finance Agreement to support Small and Midsize Enterprises (SMEs) and Corporates
The African Development Bank has signed a $20 million Trade Finance Facility Agreement with FSDH […]
India commits $2 million as new partner in Africa Digital Financial Inclusion Facility to boost digital financial inclusion across Africa
The Indian government will contribute $2 million to the Africa Digital Financial Inclusion Facility (ADFI), […]
Benin, Côte d’Ivoire to premier African Development Bank’s African Green Bank facilities
The African Development Bank is set to roll out the first green finance facilities in two […]
African Development Bank and Africa Fintech Network sign $525,000 grant to strengthen development of fintech in Africa
The African Development Bank has signed a $525,000 grant agreement with Africa Fintech Network (AFN) […]
African Development Bank Approves $147 Million in Subordinated Debt to the Mauritius Commercial Bank to Bolster Capital Base and Drive Loan Portfolio Growth
The Board of the African Development Bank Group has approved $147 million in subordinated debt […]
Public Procurement in Mauritius Shows Progress, but Room Remains for Improvement - African Development Bank Assessment
Mauritius has made critical strides in its public procurement system, but additional reforms are needed, […]
African Development Bank President Akinwumi Adesina Awarded Man of the Year (Africa) in 2022 by Exclusive Men of the Year Awards
African Development Bank President Dr. Akinwumi Adesina has been named 2022 Man of the Year […]
Janngo Capital Startup Fund, Africa's largest gender equal tech VC fund reaches the first close of its €60 million new fund
Janngo Capital Startup Fund (JCSF) has announced its first close at EUR34 million (approximately US$36 […]
African Development Bank appoints new Executive Directors, including five women
The African Development Bank (www.AfDB.org) has welcomed 12 new Executive Directors, including five women, for […]
COP15: Global GDP could gain $140 trillion a year, if we achieve the objectives of the UN Convention to Combat Desertification
The global economy could increase by more than $140 trillion a year[1], or 1.5 times the annual global GDP, if the objectives of the United Nations Convention to Combat Desertification (UNCCD) are achieved, participants […]
African Development Bank earmarks €10 million equity investment to drive technologies in the wake of Covid-19
The Board of Directors of the African Development Bank (www.AfDB.org) has approved an equity investment […]
UN Environment Assembly: Circular economy gains traction as Morocco plans to join regional Alliance
The African Development Bank (www.AfDB.org) joined public and private sector actors in Nairobi this week […]
African Development Bank’s SEFA to provide $1 million in support of Botswana’s energy transition
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank, has approved a $1 […]
African Development Bank’s Board of Directors approves the institution’s borrowing program for 2022
The 2022 borrowing program of the African Development Bank has been approved by the Board […]
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