Author name: AdmAADFI

This op-ed was originally published on ImpactAlpha. Innovations are accelerating Africa’s economic transformation. After two decades of continued economic growth, lingering impacts of the COVID-19 pandemic and recent global economic pressures have knocked the continent off track on almost all Sustainable Development Goal targets. Substantial resources – $1.3 trillion a year or 42% of Africa’s $3.1 trillion gross […]

The Uganda Development Bank (UDB) Ltd has been granted the Sustainability Certification for adapting the Sustainability Standards Version 2.0.  The Certification was conferred on the UDB at the Karlsruhe Sustainable Finance Award on November 22, 2024, held in Karlsruhe, Germany. The UDB successfully completed the Sustainability Standard Version 2.0 to merit the Award. The Uganda

The Bank of Industry (BOI), Nigeria’s foremost development finance institution, marked its 65th anniversary with the announcement of groundbreaking milestones, including mobilizing over $5 billion from international capital markets. This feat solidifies BOI’s role as a critical driver of industrialization, economic development, and MSME empowerment in Nigeria. BOI’s Commitment to Nigeria’s Economic Transformation Speaking at the anniversary media

As Nigeria grapples with economic challenges, institutions like the Bank of Industry (BOI) play a critical role in providing funding for the private sector and fostering development. Development finance institutions (DFIs) are tasked with bridging these gaps through direct loans, on-lending, equity investments, and other mechanisms that encourage investment. Over the past year, Dr Olasupo