Latest News Development Bank

Construction & Infrastructure

22/11/2023 at 18h33, by Africa Business+

Sefrioui family secures CFA franc financing for its Addoha’s Lagoona City project in Abidjan

Douja CIV, a subsidiary of Anas Sefrioui’s Moroccan group Addoha, is to receive the equivalent of €25...

Agribusiness

20/11/2023 at 15h03, by Africa Business+

Afropa invests $30m in Liberia and Sierra Leone bottled water plants

This family-owned SME importer of Nestlé products, which trades and sells food and beverages, plans...

Commercial banking

17/11/2023 at 20h13, by Africa Business+

Egypt’s Commercial International Bank seeks EBRD for $150 million

The international donor has just awarded Egypt’s third-largest bank, CIB, $150 million.

Development Bank

08/11/2023 at 16h55, by Africa Business+

Alain Ebobissé, CEO of Africa50: “We have already signed 17 African investors for our Infrastructure Acceleration Fund”

The CEO of Africa50, who took up his post in 2017 and is a former member of the IFC and the French Caisse...

Development Bank

25/10/2023 at 16h47, by Africa Business+

Green Climate Fund: Benin signs up for $9.8m

Details from Africa Business+.

Development Bank

20/10/2023 at 15h38, by Africa Business+

EBRD boosts Arrawaj Foundation’s microcredit activity in Morocco 

The pan-European institution recently granted a €10 million loan to Morocco’s number three microcredit...

Development Bank

20/10/2023 at 15h34, by Africa Business+

EIB invests further $28m in BOAD

As part of a plan to strengthen its capital base, the West African Development Bank, led by Serge Ekué,...

Development Bank

19/10/2023 at 17h50, by Africa Business+

Proparco increases capital by 50%  

The subsidiary of Agence Française de Développement has asked its shareholders for a capital increase....

Consumer goods

06/10/2023 at 17h34, by Africa Business+

Mari Fala head Abdoulaye Diallo taps €12m IFC finance for new Conakry furniture factory

As the sector leader in Guinea, the family-owned furniture group continues to expand. It plans to triple...

Bank

04/10/2023 at 16h07, by Pierre-Olivier Rouaud

British International Investment $60m to support Access Bank

The British development institution continues its commitment to the Nigerian bank with a credit line...

Development Bank

18/09/2023 at 15h00, by Africa Business+

Roger Stuart replaces Jane Feehan EIB head in Abidjan

A lawyer by training, Roger Stuart, has been appointed to head the institution’s new centre in Abidjan....

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