Latest News Development Bank

Development Bank

11/04/2022 at 18h36, by Africa Business+

EBID: George Agyekum Nana Donkor launches second tranche of bonds for CFAF120 billion

The first tranche of CFAF 50 billion was 258% oversubscribed, with an express closing within a few hours.

Development Bank

07/04/2022 at 20h13, by Africa Business+

Alliance for Entrepreneurship in Africa: IFC, AfDB, EIB, EBRD to create a common identity

Backed by Emmanuel Macron, this initiative by several major development financiers was officially constituted...

Development Bank

05/04/2022 at 16h29, by Africa Business+

Knoema claims $800,000 in unpaid bills from African Development Bank

The US-based IT services provider is accusing the multilateral financial institution of failing to honour...

Development Bank

23/02/2022 at 15h31, by Africa Business+

BOAD: what Serge Ekué negotiated with each country

Advised by the influential business lawyer Sena Agbayissah, the bank’s president secured $400 million...

Development Bank

23/02/2022 at 15h08, by Africa Business+

Joe Biden’s Africa Business Team gets on track

After months of stalling, the Senate cleared several of the US administration’s heavyweights on finance...

Advisory

22/02/2022 at 16h28, by Africa Business+

Grant Thornton supports Serge Ekué and his team in BOAD’s digital transformation

The bank selected the firm led by Mansour Gaye following a call for expressions of interest launched...

Development Bank

16/02/2022 at 14h04, by Africa Business+

Chris Chijiutomi promoted to MD of direct equity infrastructure investments at CDC Group 

The co-founder of Nigerian ARM-Harith Infrastructure is taking a central role in the UK institution,...

Consumer goods

11/02/2022 at 17h17, by Africa Business+

Proparco to finance the creative industries in Africa

AFD’s private sector subsidiary is to receive financing from the European Union. 

Bank

24/01/2022 at 09h34, by Pierre-Olivier Rouaud

IFC supports Kenyan subsidiary of Nigerian banking group GT Bank

The Washington-based institution is backing the medium-sized bank and strengthening its footprint in...

Commercial banking

18/01/2022 at 15h43, by Africa Business+

AFD to commit €40 million to EURIZ guarantee by early 2022

The bank guarantee program for loans to SMEs, conducted with the support of the European Union, is half...

Development Bank

01/12/2021 at 17h40, by Africa Business+

Carole Maman, Chief Investment Officer, BIO: “West Africa is set to become a bigger part of our portfolio”

The Belgian donor for developing countries decided to get closer to the continent by opening an office...

Development Bank

05/11/2021 at 15h37, by Africa Business+

Bdeac boss Ofa Mbo selects financiers for CFAF 100 billion bond issue

Africa Business+ has learned the identity of the financiers appointed by the head of the regional bank...

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