Latest News Development Bank

Development Bank

30/04/2020 at 16h24, by Pierre-Olivier Rouaud

Extended to cover Covid, European bank guarantee system NASIRA will be operational in the second half of the year (€110m)

Led by Dutch development bank FMO, the programme targeting women’s entrepreneurship and VSBs affected...

Development Bank

24/04/2020 at 15h55, by Africa Business+

Samaila Zubairu welcomes Kingsley Obiora as chairman of the AFC’s board of directors

The institution, which manages more than $5bn worth of infrastructure projects, has selected a debt...

Development Bank

21/04/2020 at 17h42, by Africa Business+

EIB opens up its coffers to help the continent cope with Covid-19

Immediately falling into line with its counterparts, the development institution has set up credit lines...

Development Bank

31/03/2020 at 15h40, by Africa Business+

Coronavirus: Turkey writes a big check to the AfDB

The Turkish Parliament approved a massive increase in the country’s stake in the capital of the African...

Development Bank

31/03/2020 at 09h23, by Aurelie Benoit

Covid-19: Proparco surveys its partners to address the crisis

Usually a catalyst for projects, the private arm of the French Development Agency (AFD) is now fulfilling...

Development Bank

10/03/2020 at 16h28, by Aurelie Benoit

Mohamed Zmander (Enda Tamweel) obtains a €50m ($56.8m) syndicated loan from FMO

The Managing Director, who has been in office since last September, will receive significant financial...

Development Bank

24/02/2020 at 16h20, by Estelle Maussion

The EIB plans to invest €4 billion across Africa in 2020, up a third from 2019

This is €1 billion more than the total amount of loans granted in Africa annually in 2018 and 2019 by...

Development Bank

21/02/2020 at 07h09, by Aurelie Benoit

Beatrice Maser, the IFC’s new Director for the MENA region

The Swiss expert will take the reins of the region where the development institution invested more than...

Development Bank

05/02/2020 at 15h57, by Gaëlle Arenson

Akinwumi Adesina outstrips all opponents to his succession as head of the AfDB: the inside story

According to sources close to the story, particularly within the pan-African institution where the prospect...

Development Bank

17/01/2020 at 16h15, by Africa Business+

The Sahel at the heart of a meeting between Rioux (AFD), Ghannem (World Bank) and Le Houérou (IFC)

The head of the French Development Agency (AFD) met with his Bretton Woods counterparts to develop a...

Development Bank

18/11/2019 at 17h10, by Africa Business+

Samaila Zubairu broadens Africa Finance Corporation’s shareholding to AfDB ($50m)

AFC is Africa’s second largest multilateral financial institution and is increasing its funding programmes...

Development Bank

14/11/2019 at 08h02, by Africa Business+

Adam Boehler (DFC) signs his first African deals

Barely into his term, the head of the new U.S. foreign aid agency has approved funding of $40m and sealed...

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