Africa: Swedfund Commits $14.7 million to Evolution II Energy Fund
Swedfund, Sweden’s development finance institution that supports companies in Africa, Asia, Latin America and Eastern Europe, has invested SEK 126m in the Evolution II Fund, […]
AfDB
AfDB to launch 12 new projects to support SMEs in 6 African countries
The African Development Bank (AfDB) will launch twelve new projects to support agribusiness SMEs in 6 African countries, The Bank said in a statement. The […]
Morocco secures $2 billion funding from AfDB
The African Development Bank’s (AfDB) vice president, Khaled Sherif, last weekend said Morocco will benefit from a $2 billion financing from the Bank over the […]
African heads of State, CEOs seek partnerships at WEF
African CEOs, policymakers and heads of state have joined the global business leaders at the World Economic Forum in Davos, Switzerland, as the continent seeks […]
AfDB injects $107 billion in Burkina-Niger road project
The African Development Bank (AfDB) will release about $107 million to finance the construction and rehabilitation of a 218 km road connecting Burkina Faso to […]
African Development Bank outlook stable – Fitch Affirms
Fitch Ratings has confirmed the African Development Bank’s (AfDB’s) Issuer Default Rating (IDR) rating, keeping it at “AAA” with a stable outlook. AfDB enjoys strong […]
AfDB’s boss, Dr Akinwumi Adesina named 2017 World Food Prize Laureate
Dr. Akinwumi Ayodeji Adesina, the President of the African Development Bank (AfDB), has been named the 2017 World Food Prize Laureate. Dr. Adesina, whose name […]
AfDB releases $750 million loan to support Namibia
African Development Bank on Friday released $750 million loan to finance budget deficit and infrastructure projects in Namibia, Finance Minister Calle Schlettwein said. According to […]
5th Africa CEO Forum in Geneva next week
Geneva will be hosting this March 20-21 the 5th edition of the Africa CEO Forum, whose purpose is to support the development of African enterprises […]
Zimbabwe Misses 2016 Revenue Target
Zimbabwe’s tax agency ZIMRA on Thursday said it missed the 2016 revenue target by 4 percent as weak global commodity prices hit mineral royalties in […]