PanAfrican ACT AFRIQUE Group appoints three new independent directors to its board

27 août 2020. ACT Afrique Group announces the appointment of three new independent directors to its board, including its new chairman effective 4 August 2020...

Afreximbank provides $400m to the Export Trading Group to drive agricultural productivity and resilience 

Three-year revolving global credit facility will strengthen African agricultural networks and bolster the continent’s food security The African Export-Import Bank (Afreximbank), Africa’s foremost multilateral trade...

Afreximbank Delivers Solid Performance in H1 2020

African Export-Import Bank (Afreximbank) today released its unaudited financial statements for the six months ended 30 June 2020. Despite the impact of the Covid-19...

African Development Bank 2020 Annual meetings: Building Africa back better after the COVID-19 pandemic

For the first time in the history of the African Development Bank, its Annual Meetings will be held virtually to comply with the COVID-19...

Finnfund provides US$10 million loan to First National Bank Ghana

Finnfund, a Finnish development finance company and impact investor, has provided a US$ 10 million senior loan to First National Bank Ghana Ltd. One of...

Afreximbank Wins Two EMEA Best Structured Finance Awards

Cairo, 20 July 2020: – The African Export-Import Bank (Afreximbank) has been recognized by EMEA Finance’s 12th African Banking Awards for two transactions processed...

AFDB: Adesina Exonerated by  Panel led by former Irish President Mary Robinson

The report of the panel of independent experts finally fell on Monday, July 27, clears President Akinwumi Adesina of the African Development Bank (AfDB)...

United Bank for Africa Plc (UBA) Group Announces Global Management Appointments – Six New...

United Bank for Africa Plc (UBA), the leading pan-African financial services institution, announced the appointments of Rokia Hacko, Chioma Mang, Chinedu Obeta, Bode Aregbesola, Kingsley...

Fitch Rating Agency Affirms Triple A (AAA) Rating of the African Development Bank, with...

Fitch Ratings, the global credit rating agency, has affirmed the African Development Bank’s (AfDB) Long-Term Issuer Default Rating (IDR) at ‘AAA’, with...

Allianz: Gulf of Guinea sees piracy activity soar, West African Coast is third hotspot...

July 15, 2020: Large shipping losses are at a record low having fallen by over 20% year-on-year, according to marine insurer Allianz Global Corporate...

African Risk Capacity Insurance Limited appoints Jennifer Blanke into its Board

The African Risk Capacity Insurance Limited (ARC Ltd) has appointed Dr Jennifer Blanke to its Board of Directors. Dr Blanke was, until recently, the Vice-President...

Arash Azarmi: “Iranian currency has lost more than 80% of its value

Arash Azarmi is an economics and business expert working for Volant Media UK who own London-based Persian news channel, Iran International. From his education...

Post COVID-19: Africa’s growth stands to rebound to 3% in 2021, African Development Bank...

- Governments and development partners must respond in a more coordinated, targeted, and rapid manner to be effective in limiting impacts - An additional 49 million Africans...

Crisis at the top of AfDB. End of a thriller series?

By Alassane Ndiaye*.   "The turn of events since the warning shot fired by the US Secretary of the Treasury with his letter addressed to the...
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