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Development finance institutions: the need for bold action to invest better

The United Nations Addis Ababa Action Agenda (AAAA) on financing development is at a critical juncture. It was off track before the Covid-19 pandemic struck and there is now a very real risk that it will veer even further off course without bold corrective action. Covid-19 has served to dramatically increase development needs, but development […]

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Africa Finance Corporation’s Total assets grow by 20% to US$7.36 billion in 2020

Lagos, 12 April 2021: Africa Finance Corporation, one of Africa’s biggest investors in infrastructure development, has delivered a 20% growth in total assets during the 2020 pandemic year. AFC’s audited financial statements for 2020 calendar year show strong and continued growth, with total assets reaching US $7.36 billion on Dec. 31, compared with US$ 6.12 billion

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African Development Bank Group 2021 Annual Meetings virtually

The African Development Bank Group will hold its 2021 Annual Meetings virtually, from 23-25 June 2021. This will comprise statutory meetings of the Bank Group’s Boards of Governors, a High-level dialogue, and knowledge events. During these meetings, the Bank Group’s shareholders will assess progress in achieving the institution’s strategic goals and make statutory decisions. #AfDBAM2021

African Development Bank Group 2021 Annual Meetings virtually Read More »

EU Africa Business Forum (EABF)

#GreenTransition in #Africa will be the focus of the upcoming EU-Africa Business Forum.Join the #EDFInetwork at the following events: – High-level event “Accelerating the EU-Africa partnership for green energy transition in Africa”: April 16– Digital Marketplace for Green Energy Transition: April 20-21– GetInvest / EDFI side event “Harnessing Innovative Scalable Business Models for the Green Energy Transition in Africa”: 21

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Introducing TCX FI: the first-ever frontier currency bond index

Webinar Introducing TCX FI: the first-ever frontier currency bond index Thursday, April 29, 2021 14:00 Amsterdam Time (CEST) Note: please feel free to forward this invitation to interested colleagues we might have missed! Dear Madam/Sir, We are thrilled to announce that this morning TCX has launched the first-ever frontier currency bond index (TCX FI). The informative index tracks

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Pan African housing development financier Shelter Afrique has returned to profitability as reported in its 2020 earnings.

Nairobi, Kenya – Friday, March 26, 2021: Pan African housing development financier Shelter Afrique has returned to profitability as reported in its 2020 earnings. The Company’s Total comprehensive income increased to KSh 196 million (USD 1.85M) in 2020, up from a Total Comprehensive Loss of the KSh 134 million (US$1.26M) recorded in 2019, representing a

Pan African housing development financier Shelter Afrique has returned to profitability as reported in its 2020 earnings. Read More »

FEATURE: An innovative specialist bank like TDB is an ideal intermediary for U.S. capital into Africa

The Eastern and Southern African Trade & Development Bank (TDB) has had growing working relationships with America’s foremost public and private sector financial institutions over a couple of decades. Starting in 1993, a TDB program to raise half a billion dollars through the issuance of commercial paper alongside Goldman Sachs Money Markets, L.P. and Merrill Lynch Money Market, Inc. was

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Afreximbank to Collaborate with Nigeria Export-Import Bank to Provide Project Preparation Facilities in Support of Nigeria’s Exports

Cairo/Abuja, 24 March 2021: – African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have entered into a Memorandum of Understanding (MoU) to establish a Joint Project Preparation Fund that will provide early project preparation financing and technical support services to public and private sector entities operating in Nigeria’s trade sector. Under the terms of the

Afreximbank to Collaborate with Nigeria Export-Import Bank to Provide Project Preparation Facilities in Support of Nigeria’s Exports Read More »

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