AfDB
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Funding
African Development Bank (AfDB) Commits $20 Million Investment to Infrastructure-focused Private Equity Fund in Africa
The African Development Bank Group’s Board of Directors has granted approval for a $20 million equity investment in the Africa50…
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Funding
AfDB Grants $15 Million Loan to Enhance Infrastructure Credit Guarantee and Bolster Nigeria’s Infrastructure Financing
The African Development Bank‘s Board of Directors has approved a $15 million subordinated loan to Infrastructure Credit Guarantee Company Limited…
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Appointments
AfDB appoints Marie Laure Olugbade Vice President for Regional Development, Integration and Business Delivery
Marie-Laure Akin-Olugbade, a Cameroonian national, has been named Vice President of the African Development Bank’s Regional Development, Integration, and Business…
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Funding
AfDB and COMESA Launch a $1.5M Project to Improve Regional Electricity Regulation
The African Development Bank (AfDB) and the Common Market for Eastern and Southern Africa (COMESA) announced a new regional initiative…
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News
Nigerian Government Launches $618M Fund to Promote Entrepreneurship and Innovation
The Nigerian government has launched a $618 million fund under the Digital and Creative Enterprises Program (i-DICE) aimed at promoting…
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Funding
AfricaGoGreen Fund Secures $47 Million in Equity Investments to Finance Climate-Friendly Projects in Africa
The AfricaGoGreen Fund (AGGF) has closed its second fundraising round at $47 million from the International Finance Corporation (IFC), the African Development Bank (AfDB), the…
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Partnership
African Guarantee Fund Partners with Crowdfunding Platform Bettervest to Increase Impact Investing for SMEs in Africa
African Guarantee Fund (AGF) has today partnered with Frankfurt-based Bettervest, a crowdfunding platform, to increase financing of sustainable SME projects…
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Food & Agriculture
AfDB to Commit $10Bn Over Five Years to Boost Food Production
The African Development Bank will commit $10 billion over the next five years to boost food production on the African…
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News
African Development Bank (AfDB) Welcomes 12 New Executive Directors
The African Development Bank has welcomed 12 new Executive Directors, including five women, for a three-year term. The African Development Bank Group…
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