LAGOS, June 24 – The EIB Global, the development arm of the European Investment Bank, and Wema Bank has signed a €50 …
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Category:
Development Finance
ADDIS-ABABA, June 22 – The International Finance Corporation (IFC), a member of the World Bank Group, has completed a $509 million collateralized …
- Development Finance
New Development Bank Approves $1bn Loan for South Africa Urban Infrastructure Upgrade
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 …
- Development Finance
FEDA Appoints Emmanuel Assiak as Chief Executive Officer to Drive Investment Growth Across Africa
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 …
CAIRO, Mar 31 – The African Export‑Import Bank (Afreximbank) has secured $2 billion through a three-year dual-tranche syndicated term loan, marking the largest …
VICTORIA, Mar 29 — Seychelles will receive a grant of 100 million renminbi, equivalent to roughly 220 million Seychelles rupees, from China …
- Development Finance
African Governments Increasingly Turn to Multilateral Lenders as Debt Risks Persist, S&P Says
JOHANNESBURG, Feb 24 – African governments are expected to deepen their reliance on multilateral lenders and accelerate economic reforms in 2026 as …
- Development Finance
Nigeria’s Bank of Industry Records ₦636 Billion Disbursement in 2025, Sets New Benchmark
LAGOS, Feb 13 – The Bank of Industry recorded its strongest annual financing performance in 2025, disbursing ₦636 billion, approximately 424 million …
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