Latest News Development Bank
Agri-food industry
30/11/2023 at 16h32, by Africa Business+
Madhvani Group’s Kioo expands Tanzanian glass bottle factory
Kioo, the country’s only hollow glass manufacturer, is investing $60 million in its Dar es Salaam site....
Construction & Infrastructure
24/11/2023 at 19h44, by Africa Business+
Singapore’s Tolaram secures $150m for Lagos Free Zone while awaiting listing
Tolaram is involved at various levels in the huge project to build the new port of Lekki, 60 km from...
Bank & Insurance
23/11/2023 at 18h37, by Pierre-Olivier Rouaud
Guido Clary appointed head of EIB regional office in Cairo
Formerly based in Slovenia, he will coordinate the European financial institution’s six offices in North...
Capital Market & Private Equity
23/11/2023 at 18h29, by Africa Business+
FMO and IFC support African Rivers Fund IV, XSML’s Central Africa SME fund
The fund plans to make 40 to 50 investments with average target tickets of between $2 million and $3...
Construction & Infrastructure
22/11/2023 at 18h33, by Africa Business+
Sefrioui family secures CFA franc financing for its Addoha’s Lagoona City project in Abidjan
Douja CIV, a subsidiary of Anas Sefrioui’s Moroccan group Addoha, is to receive the equivalent of €25...
Agribusiness
20/11/2023 at 15h03, by Africa Business+
Afropa invests $30m in Liberia and Sierra Leone bottled water plants
This family-owned SME importer of Nestlé products, which trades and sells food and beverages, plans...
Commercial banking
17/11/2023 at 20h13, by Africa Business+
Egypt’s Commercial International Bank seeks EBRD for $150 million
The international donor has just awarded Egypt’s third-largest bank, CIB, $150 million.
Development Bank
08/11/2023 at 16h55, by Africa Business+
Alain Ebobissé, CEO of Africa50: “We have already signed 17 African investors for our Infrastructure Acceleration Fund”
The CEO of Africa50, who took up his post in 2017 and is a former member of the IFC and the French Caisse...
Development Bank
25/10/2023 at 16h47, by Africa Business+
Green Climate Fund: Benin signs up for $9.8m
Details from Africa Business+.
Development Bank
20/10/2023 at 15h38, by Africa Business+
EBRD boosts Arrawaj Foundation’s microcredit activity in Morocco
The pan-European institution recently granted a €10 million loan to Morocco’s number three microcredit...
Development Bank
20/10/2023 at 15h34, by Africa Business+
EIB invests further $28m in BOAD
As part of a plan to strengthen its capital base, the West African Development Bank, led by Serge Ekué,...
Development Bank
19/10/2023 at 17h50, by Africa Business+
Proparco increases capital by 50%
The subsidiary of Agence Française de Développement has asked its shareholders for a capital increase....
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