AfDB
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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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Financial Services
AfDB baggs US$136mn for its Sustainable Energy Fund for Africa
The African Development Bank (AfDB) has just bagged US$136mn in additional investment for its Sustainable Energy Fund for Africa (SEFA). The announcement was made…
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AfDB and Italian Technical Cooperation Fund extend US$1.18mn grant to boost agriculture value chains in Mozambique
The African Development Bank (AfDB), with financing from the Italian Technical Cooperation Fund, has provided a €990,000 (US$1.18 million) grant to…
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Not a popularity contest: Cutting through the noise of Incubator and Accelerator Programs in Africa
There is a high focus on entrepreneurship for youth in Africa, fueled by the belief that entrepreneurship is one of…
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Société Générale & AFD Group Partners To Help MSMES In Africa
To meet the needs of MSMEs affected by the crisis on the African continent, Proparco has set up an exceptional…
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AfDB Announces AgriPitch 2020 Competition For Agricultural Project Leaders In Africa
The African Development Bank’s Youth Agripreneur AgriPitch Competition and DealRoom connects expansion-ready, youth-led African businesses with global investors (debt, equity and/or grant).…
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