Latest News Development Bank

Development Bank

29/04/2022 at 10h26, by Africa Business+

Anglo American CEO Duncan Wanblad seeks $100m from IFC

The head of the mining giant is in discussions with the institution for a major loan to finance its...

Development Bank

26/04/2022 at 16h51, by Africa Business+

Commerzbank seeks to limit risk of €57 million advance to BDC

The Botswana institution is looking to the German bank for a sizeable loan facility to expand its SME...

Development Bank

20/04/2022 at 16h18, by Africa Business+

Rene Awambeng’s Afreximbank backs Filipe Nyusi

During a recent visit to Maputo, the director of client relations of the pan-African bank praised the...

Development Bank

15/04/2022 at 12h10, by Africa Business+

Climate Fund: Paris urges IMF to release funds in 2022

The new Resilience and Sustainability Trust Fund (RSF), approved in mid-April, targets an endowment...

Development Bank

13/04/2022 at 16h42, by Africa Business+

Olavo Correia appointed Chairman of EBID Board of Governors

The Minister of Finance of Cape Verde, Olavo Correia, has taken over the chairmanship of the political...

Development Bank

11/04/2022 at 18h36, by Africa Business+

EBID: George Agyekum Nana Donkor launches second tranche of bonds for CFAF120 billion

The first tranche of CFAF 50 billion was 258% oversubscribed, with an express closing within a few hours.

Development Bank

07/04/2022 at 20h13, by Africa Business+

Alliance for Entrepreneurship in Africa: IFC, AfDB, EIB, EBRD to create a common identity

Backed by Emmanuel Macron, this initiative by several major development financiers was officially constituted...

Development Bank

05/04/2022 at 16h29, by Africa Business+

Knoema claims $800,000 in unpaid bills from African Development Bank

The US-based IT services provider is accusing the multilateral financial institution of failing to honour...

Development Bank

23/02/2022 at 15h31, by Africa Business+

BOAD: what Serge Ekué negotiated with each country

Advised by the influential business lawyer Sena Agbayissah, the bank’s president secured $400 million...

Development Bank

23/02/2022 at 15h08, by Africa Business+

Joe Biden’s Africa Business Team gets on track

After months of stalling, the Senate cleared several of the US administration’s heavyweights on finance...

Advisory

22/02/2022 at 16h28, by Africa Business+

Grant Thornton supports Serge Ekué and his team in BOAD’s digital transformation

The bank selected the firm led by Mansour Gaye following a call for expressions of interest launched...

Development Bank

16/02/2022 at 14h04, by Africa Business+

Chris Chijiutomi promoted to MD of direct equity infrastructure investments at CDC Group 

The co-founder of Nigerian ARM-Harith Infrastructure is taking a central role in the UK institution,...

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