Latest News Development Bank
Commercial banking
03/01/2023 at 17h00, by Africa Business+
Bank of Alexandria secures European Investment Bank backing
This is the second advance from the development institution in five years.
Development Bank
07/12/2022 at 21h18, by Africa Business+
African Guarantee Fund secures $150m support from UK BII
The pan-African guarantee fund will channel this jointly managed facility into its SME lending portfolio,...
Development Bank
16/11/2022 at 14h19, by Africa Business+
Arise IIP secures $85 million convertible loan from Afreximbank’s FEDA
Arise Integrated Industrial Platforms (IIP), founded by Gagan Gupta, has expanded rapidly over the past...
Development Bank
03/11/2022 at 17h27, by Africa Business+
EBID : George Agyekum Donkor obtains $2 billion capital increase
The project to raise EBID’s authorised capital is part of the 2020-2025 strategic plan deployed by the...
Advisory
28/10/2022 at 15h45, by Africa Business+
Kinshasa hires Finactu as consultants on development bank feasibility study
The firm that had carried out 200 consulting assignments for public and private institutions on the...
Development Bank
12/10/2022 at 14h56, by Africa Business+
Africa50 convinces NSIA to join its accelerator fund
While the organisation recently welcomed Aminu Umar-Sadiq as its new CEO, one of his predecessor’s latest...
Development Bank
11/10/2022 at 17h35, by Africa Business+
Agaciro Development Fund, first -Rwandan- sovereign wealth fund to take a stake in TDB
Launched more than 12 years ago by Rwandan President Paul Kagame, Agaciro Development Fund has dramatically...
Bank & Insurance
04/10/2022 at 16h15, by Africa Business+
Marc Cagnard heads Business France in sub-Saharan Africa
With a slight increase in staff, the network of eight main offices has also seen some recent movement.
Development Bank
30/09/2022 at 17h00, by Africa Business+
Proparco re-invests in frontier currency guarantee fund TCX
The “Currency Exchange Fund”, initiated by several European development institutions and governments...
Bank
14/09/2022 at 07h46, by Africa Business+
Natixis and the African Development Bank set to finalise new union
The French institution, which is part of the BPCE group, is working on a new operation with the pan-African...
Development Bank
11/09/2022 at 13h32, by Africa Business+
Samuel Chasia becomes interim manager of GuarantCo following Jules Samain’s departure for Arise IIP
The head of this PIDG subsidiary has joined the pan-African logistics group.
Development Bank
18/07/2022 at 17h12, by Africa Business+
After IFC, Platcorp aims for FMO
Eager to strengthen its activities in East Africa, the Mauritius-registered microfinance platform is...
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