Development Finance

ABIDJAN, Aug 3 – West Africa needs between $90 billion and $100 billion each year to meet its development goals, but the …

LAGOS, July 7 – The European Bank for Reconstruction and Development (EBRD) plans to invest at least $1.5 billion in Nigeria over …

ABUJA, July 2 – Twenty Nigerian states will receive a combined $27 million in performance based grants under the World Bank supported …

ADDIS-ABABA, June 30 – Germany has pledged an additional €250 million ($284 million) in support for vulnerable communities across Africa and Asia …

LAGOS, June 24 – The EIB Global, the development arm of the European Investment Bank, and Wema Bank has signed a €50 …

ADDIS-ABABA, June 22 – The International Finance Corporation (IFC), a member of the World Bank Group, has completed a $509 million collateralized …

JOHANNESBERG, June 18 – The New Development Bank (NDB) has approved a loan of up to $1 billion to support upgrades to …

RABAT, June 5 – The European Investment Bank (EIB) has approved an additional €500 million ($578 million) loan to support Morocco’s ongoing …

CAIRO, June 3 – The Fund for Export Development in Africa (FEDA), the private equity and impact investment arm of African Export-Import …

NAIROBI, May 11 – The West African Development Bank and PROPARCO announced on Monday the signing of a €200 million financing agreement …