Actualités des membres

4 green energy startups win N20m DBN seed funding

•Women most beneficiaries of DBN investments with 72% – Okpanachi By Juliet Umeh Four Nigerian startups with innovative ideas around green and renewable energy have won a total of N20 million in seed funding from the Development Bank of Nigeria, DBN, at the bank’s 2024 Techpreneur Summit. The summit, in its third stage, held in Lagos […]

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CEDA administers the Chema-Chema fund: a catalyst for economic growth in Botswana’s informal sector

INTRODUCTION In an inspiring move towards enhancing the socioeconomic fabric of Botswana, the Government has initiated the Chema-Chema Fund, aimed directly at invigorating the informal sector. This initiative is not just a financial boost but a comprehensive support system for the grassroots level entrepreneurs who are often overlooked by conventional economic policies. BACKGROUND The Chema-Chema

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AfDB Meetings Ignite Africa Smart Cities

The week of 27 to 31 May 2024, marked a significant milestone in Africa’s journey towards sustainable urban development. Embodied by the energy of the African Development Bank (AfDB) Annual Meetings in Nairobi, a pivotal discussion unfolded, focusing on the promising concept of smart cities across the continent. Throughout the meeting, profound conversations took place

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Célébration de l’excellence : Les membres de l’AIAFD ont brillé aux African Banker Awards 2024

Abidjan, June 10, 2024 – The African Banker Awards 2024, held on May 28, 2024, in Nairobi, Kenya, celebrated innovation, resilience, and excellence in Africa’s banking sector. This year’s event was particularly notable for the Association of African Development Finance Institutions (AADFI) following the outstanding recognition of some of its members at the event. AADFI members were shortlisted for

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Exchange Rate Volatility and its Effect on Inflation in Nigeria (Jan 2024 – April 2024)

PETER DANIEL ONIMISI (Ph.D.) Most sub-Saharan African currencies have depreciated against the US dollar, exacerbating inflationary pressures across the continent as import prices surge. This, together with a growth slowdown, leaves policymakers with difficult choices as they balance keeping inflation in check with a fragile economic recovery[1]. [1] https://www.imf.org/en/Blogs/Articles/2023/05/15/african-currencies-are-under-pressure-amid-higher-for-longer-us-interest-rates

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Uganda Development Bank on a mission to support green projects and attract international investors

Considerations of climate action have become a core business of the Uganda Development Bank. We hear from managing director Patricia Ojangole what this means in practice. Uganda has updated its climate change plan, also known as its Nationally Determined Contributions (NDCs), to reflect its increased commitment to tackle the global challenge. Unveiled in 2023, the

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COP28: Development Bank wins $400,000 award

By Henry Falaiye The Development Bank of Nigeria has won the 2022 Arab Gulf Programme for Development Prince Talal International Prize for Human Development, for its work on ‘Sustainable Development Goal 8 Decent Work and Economic Growth’. A statement disclosed that the bank emerged winner of the first category having competed with over 100 projects within

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