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Tag: AFDB

AfDB Approves $50M Facility for Standard Chartered Bank
September 15, 2021
News around Africa

AfDB Approves $50M Multinational Trade Finance Risk Participation Agreement Facility for Standard Chartered Bank

The agreement is expected to boost intra-Africa trade, promote regional integration, and contribute to the reduction of the trade finance gap in Africa.

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July 23, 2021
News around Africa

Details of AfDB’s $118 Million Grant Agreement with Ethiopia

The grant agreements were signed on 21 July 2021 by Ethiopian Finance Minister Ahmed Shide, and Kamara.

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June 16, 2021
Business

How Social Bonds are Aiding Africa’s Economic Recovery from COVID-19

In a bid to help struggling economies in Africa following the COVID-19 outbreak, the African Development Bank (AfDB) has upped its sales of social bonds with the latest being a

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May 13, 2021
News around Africa

Public Development Banks Call for new Financing for Africa’s Recovery Post-Covid-19

Participants in the meeting, which was hosted by the African Development Bank, brainstormed on joint actions that could help boost a strong and inclusive recovery in Africa.

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April 23, 2021
News around Africa

Let’s Talk about Kom Ombo’s new $114 Million Financing Package from AfDB, EBRD, Others

The package comprises loans of up to $36 million from the EBRD, $18 million from the OPEC Fund, $17.8 million from the AfDB, $23.8 million from the GCF and $18

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