Africa50 receives additional equity investment from Kenya, gains Rwanda as new shareholder

President Uhuru Kenyatta of Kenya announced yesterday in Nairobi, that his country would double its shareholding in pan-African infrastructure investment platform Africa50, increasing its...

Senegal: a new organization at the National Bank for Economic Development (BNDE)

Since the start of its activities in 2014, the National Bank for Economic Development (BNDE) has been able to adapt its strategy to the...

Stronger partnerships crucial for successful implementation of SDGs in light of COVID-19

The Bureau of the Sixth Session of the Africa Regional Forum on Sustainable Development (ARFSD) has met and adopted an action plan establishing key...

Afreximbank Chief Urges South Economies to Work Together to Counter Trade Uncertainties

The economies of the South must work together in order to deal with the uncertainties resulting from the current global trade environment, Prof. Benedict...

Afreximbank Targets Railway Development in MoU with Russian Railways and Russian Export Center

The African Export-Import Bank (Afreximbank) yesterday in Moscow signed a memorandum of understanding (MoU) with Russian Railways and the Russian Export Center (REC), agreeing to cooperate...

Hatching out digital economy 4.0 framework for Central Africa

Major building blocks to catalyse the entry of Central African countries into the fourth industrial revolution, induced by digital transformations, have been laid at...

African Development Bank Hails Canada’s US$1.1 billion pledge in callable capital support

On the sidelines of the World Bank-IMF Spring meetings, Canada announced a $1.1 billion commitment in temporary callable capital to support the African Development...

Inclusiveness and community-level engagement crucial for AfCFTA’s success

The African Trade Policy Centre of the Economic Commission for Africa (ECA), in partnership with Thabo Mbeki African Leadership Institute (TMALI) and the Pan...

Fitch Rates Ecobank Transnational Inc’s Senior USD Notes ‘B(EXP)’

Fitch Ratings has assigned Togo-based bank holding company Ecobank Transnational Incorporated's (ETI) upcoming five-year senior unsecured notes issue of up to USD500 million due...

Africa50 Signs Agreement with Rwanda Development Board to Further Develop Kigali Innovation City

Africa50 and Rwanda Development Board will establish a joint venture company to co-develop, finance, construct, and operate the commercial components of the project. Rwanda Development...

AU, African Development Bank sign $4.8 million grant earmarked for continental free trade secretariat

The African Development Bank Group on Monday signed a $4.8 million institutional support grant to the African Union (AU) for implementation   of the African Continental...

Africa50 AG: Uhuru Kenyatta and Akinwumi Adesina urge private sector to invest more in...

On Thursday, July 19, 2018, Kenyan President Uhuru Kenyatta launched an urgent appeal for the development and financing of bankable infrastructure projects to support...

Seychelles to host International Secretariat of Fisheries Transparency Initiative, starting April 2019

The Government of Seychelles committed today at the Our Ocean Conference 2018 in Bali to host the International Secretariat of the Fisheries Transparency Initiative...

Egypt:  African Development Bank board approves €109 million to transform sewage coverage in Upper Egypt rural...

The Board of Directors of the African Development Bank has approved a €109 million facility for the development of sewage disposal and wastewater treatment plants...
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