Latest News Development Bank
Construction & Infrastructure
11/01/2023 at 14h17, by Africa Business+
AFC chair Samaila Zubairu secures comfortable advance from DEG and Proparco
At the end of last year, the pan-African entity secured a cheque from the two European-based institutions.
03/01/2023 at 17h00, by Africa Business+
Bank of Alexandria secures European Investment Bank backing
This is the second advance from the development institution in five years.
07/12/2022 at 21h18, by Africa Business+
African Guarantee Fund secures $150m support from UK BII
The pan-African guarantee fund will channel this jointly managed facility into its SME lending portfolio,...
16/11/2022 at 14h19, by Africa Business+
Arise IIP secures $85 million convertible loan from Afreximbank’s FEDA
Arise Integrated Industrial Platforms (IIP), founded by Gagan Gupta, has expanded rapidly over the past...
03/11/2022 at 17h27, by Africa Business+
EBID : George Agyekum Donkor obtains $2 billion capital increase
The project to raise EBID’s authorised capital is part of the 2020-2025 strategic plan deployed by the...
28/10/2022 at 15h45, by Africa Business+
Kinshasa hires Finactu as consultants on development bank feasibility study
The firm that had carried out 200 consulting assignments for public and private institutions on the African...
12/10/2022 at 14h56, by Africa Business+
Africa50 convinces NSIA to join its accelerator fund
While the organisation recently welcomed Aminu Umar-Sadiq as its new CEO, one of his predecessor’s latest...
11/10/2022 at 17h35, by Africa Business+
Agaciro Development Fund, first -Rwandan- sovereign wealth fund to take a stake in TDB
Launched more than 12 years ago by Rwandan President Paul Kagame, Agaciro Development Fund has dramatically...
Bank & Insurance
04/10/2022 at 16h15, by Africa Business+
Marc Cagnard heads Business France in sub-Saharan Africa
With a slight increase in staff, the network of eight main offices has also seen some recent movement.
30/09/2022 at 17h00, by Africa Business+
Proparco re-invests in frontier currency guarantee fund TCX
The “Currency Exchange Fund”, initiated by several European development institutions and governments...
14/09/2022 at 07h46, by Africa Business+
Natixis and the African Development Bank set to finalise new union
The French institution, which is part of the BPCE group, is working on a new operation with the pan-African...
11/09/2022 at 13h32, by Africa Business+
Samuel Chasia becomes interim manager of GuarantCo following Jules Samain’s departure for Arise IIP
The head of this PIDG subsidiary has joined the pan-African logistics group.
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