AfDB
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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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Funding
AfricaGoGreen Fund Secures US$20m Combined-Equity Investment From AfDB
AFRICA – The African Development Bank (AfDB) and the Bank’s Sustainable Energy Fund for Africa (SEFA) have approved a combined-equity investment of US$20 million in…
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Janngo Startup Fund Secures US$12m From AfDB To Support African Tech Entrepreneurs
WEST AFRICA – The African Development Bank (AfDB) has announced the approval of US$12 million (€10.5m) in investment funds to support African…
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Kenyan Low-Cost ISP Poa Internet Secures $28 Million
In 2020, Africa50, an infrastructure financier backed by the Africa Development Bank (AfDB) Group and a good number of African…
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AfDB Approves $170 Million Investment For Digital And Creative Startups In Nigeria
The Board of Directors of the African Development Bank has approved a loan of $170 million to finance a digital…
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Morocco secures US$136mn loan from AfDB to boost speedy SMEs recovery
The Board of Directors of the African Development Bank Group (AfDB) approved a loan worth US$136mn to Morocco to implement a program…
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