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Tag: AFDB

April 23, 2021
News around Africa

African Trade Finance Sees $5Bn in Portfolio Outflows in Q1 2020 due to COVID-19 -Report

Constrained global financial conditions caused by COVID-19 have led to massive portfolio outflows from Africa, in excess of $5 billion in the first quarter of 2020.

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March 16, 2021
News around Africa

AfDB’s Akinwunmi Adesina Advocates Comprehensive Plan for Debt Restructuring in Africa

Africa’s collective debt now stands at 70% of the continent’s gross domestic product (GDP)

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AFAWA Guarantee for Growth programme
March 8, 2021
News around Africa

International Women’s Day: AfDB Announces Beneficiaries of AFAWA Guarantee for Growth programme

The African Development Bank (AfDB) announced earlier today that it is set to unveil the names of the first women beneficiaries of the Affirmative Finance Action for Women in Africa

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Kom Ombo solar Power Plant
March 4, 2021
Deals and Investment

AfDB Approves $27.2M Loan towards the Establishment of Kom Ombo solar Power Plant

The Board of the African Development Bank (AfDB) has approved $27.2 million in loan financing for the design, construction and operation of the Kom Ombo solar Power Plant.

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September 13, 2018
News around Africa, Profiles

AfDB approves $15m for SMEs in Nigeria, Anglophone West Africa

The African Development Bank (AfDB) has approved $15 million for equity investment in Verod Capital Growth Fund III, a private equity fund for investments in high growth small and medium

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