Latest News Development Bank

Bank

06/07/2022 at 16h46, by Africa Business+

Bayport Mozambique negotiates multi-million dollar deal with Norfund

The financial services provider to African civil servants secured an investment from the Norwegian institution.

Development Bank

01/07/2022 at 12h28, by Africa Business+

UN recruits Issam Chleuh to boost funding in West and Central Africa 

The 30-year-old was appointed to the agency dedicated to developing the least developed countries.

Development Bank

01/07/2022 at 12h12, by Africa Business+

Proparco’s Françoise Lombard negotiates €30 million in financing for start-ups via Digital Africa

The new chief executive officer of the French Development Agency’s (AFD) private sector financing arm...

Development Bank

22/06/2022 at 16h17, by Africa Business+

World Bank chooses Albert Zeufack’s successor

From 1 July, a new chief economist for sub-Saharan Africa will take over from the Cameroonian expert...

Development Bank

10/06/2022 at 16h50, by Africa Business+

ECCAS cross-border security equipment project financed by AfDB contested

The contract concerns the supply of vehicle scanners, for which the French HTPS and the Cameroonian...

Development Bank

25/05/2022 at 18h46, by Africa Business+

EBID President George Agyekum Nana Donkor wants to raise CFAF 1.3 trillion by 2025

The bank president, currently piloting a new loan of CFAF 120 billion on the regional market, is preparing...

Bank

10/05/2022 at 17h01, by Africa Business+

Microfinance: Arrawaj Foundation CEO Mouatassim Belghazi seeks $15 million 

The organisation of the former CEO of the Moroccan royal holding company has no choice but to refinance...

Development Bank

29/04/2022 at 10h26, by Africa Business+

Anglo American CEO Duncan Wanblad seeks $100m from IFC

The head of the mining giant is in discussions with the institution for a major loan to finance its...

Development Bank

26/04/2022 at 16h51, by Africa Business+

Commerzbank seeks to limit risk of €57 million advance to BDC

The Botswana institution is looking to the German bank for a sizeable loan facility to expand its SME...

Development Bank

20/04/2022 at 16h18, by Africa Business+

Rene Awambeng’s Afreximbank backs Filipe Nyusi

During a recent visit to Maputo, the director of client relations of the pan-African bank praised the...

Development Bank

15/04/2022 at 12h10, by Africa Business+

Climate Fund: Paris urges IMF to release funds in 2022

The new Resilience and Sustainability Trust Fund (RSF), approved in mid-April, targets an endowment...

Development Bank

13/04/2022 at 16h42, by Africa Business+

Olavo Correia appointed Chairman of EBID Board of Governors

The Minister of Finance of Cape Verde, Olavo Correia, has taken over the chairmanship of the political...

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