November 27, 2024
Senegal: African Development Fund Releases $81 Million Dollars for Construction of Road Linking Guinea and Senegal to Promote Integration and Trade
The Board of Directors of the African Development Fund approved a loan of $80.93 million to Senegal and Guinea for the construction of a new interstate road linking Labé and… Read more »
November 20, 2024
Sierra Leone: African Development Bank Approves $4 Mln Trade Finance Guarantee to Boost SME Growth in Sierra Leone
The African Development Bank has approved a $4 million trade finance transaction guarantee for Access Bank Sierra Leone Limited (ABSL) to support small and medium-sized enterprises… Read more »
November 12, 2024
Central African Republic: Central African Republic - African Development Bank Grants Ecobank €5 Million Trade Finance Transaction Guarantee Facility to Support Local Businesses and SMEs
The African Development Bank Group's Board of Directors has approved a €5 million Trade Finance Transaction Guarantee Facility for Ecobank Centrafrique. This facility, signed… Read more »
October 30, 2024
Africa: African Development Bank Approves a $75 Million Participation in Export Trading Group's Sustainability Linked Loan for Core Value Chain Financing Across Africa
The African Development Bank Group has approved a $75 million financing package to support Export Trading Group (ETG), a Mauritius-based conglomerate with extensive operations… Read more »
October 25, 2024
Africa: African Development Bank to Co-Host Chemicals and Fertilizers Investment and Trade Roundtable and Clinics
What: Chemicals and Fertilizers Sectors Roundtable and Clinics Read more »
October 21, 2024
East Africa: High-Level Visit to the Busia One Stop Border Post (Osbp) and Study Tour On the Impact of the East African Community (EAC) On Fostering Regional Trade and Integration, and Empowering Women Traders
What: High-level visit to the Busia One Stop Border Post (OSBP) and study tour on the impact of the East African Community (EAC) on fostering regional trade and integration, and… Read more »
October 15, 2024
Africa: African Development Bank Supports Biashara Africa 2024 Business Forum
The African Development Bank has lent support to the Biashara Africa 2024 Business Forum or AfCFTA Business Forum, held from 9-11 October 2024 in Kigali, Rwanda. Read more »
October 01, 2024
Africa: The African Development Bank Approves a Trade Finance Facility of EUR 70 Million for Bank of Africa Morocco to Promote Trade in Africa
The Board of Directors of the African Development Bank Group has approved a trade finance facility of EUR 70 million for Bank of Africa Morocco (BOA). Read more »
September 24, 2024
Libya: New Tunisia - Libya Motorway Boosts Regional Commerce and Tourism
It used to take five hours for Fatima Meftah Abudhair and her son, Abdelmuen Salah, to travel from Tripoli, the capital of Libya to the Tunisian island of Djerba, more than 300… Read more »
August 08, 2024
Africa: African Development Bank Approves $40 Million Trade Finance Transaction Guarantee Facility to Ethiopia's Dashen Bank
The Board of Directors of the African Development Bank Group has approved a $40 million transaction guarantee facility to support Dashen Bank's trade finance activities in… Read more »
August 05, 2024
Comoros: African Development Fund Grants the Union of the Comoros $135 Million to Develop Its Ports and Facilitate Regional Trade
The Board of Directors of the African Development Bank Group has approved a $135 million package to the Union of the Comoros - its largest ever to the Indian Ocean archipelago - to… Read more »
July 15, 2024
Africa: Boosting African Port Efficiency - Stakeholders Conclude Key African Development Bank Workshop On Connectivity Portal
The African Development Bank has successfully concluded a two-day preparatory workshop on implementing the African Ports Connectivity Portal Project (APC-PP) to improve data… Read more »
July 03, 2024
Africa: African Development Bank and Korea Customs Service Sign Aide Memoire to Boost Trade Facilitation in Africa
Africa is set to benefit from improved customs technologies to boost intra-African trade. The African Development Bank and the Korea Customs Service (KCS) have signed an Aide… Read more »
May 24, 2024
Zimbabwe: Zimbabwe Country Office Participates in 2024 Zimbabwe International Trade Fair - a Success Story
From 23-27 April 2024, the Zimbabwe Country Office (COZW) successfully participated in the 2024 chapter of the Zimbabwe International Trade Fair (ZITF) held in Bulawayo, Zimbabwe's… Read more »
May 15, 2024
Zimbabwe: Zimbabwe - African Development Bank's $15 Million Trade Finance Package for First Capital Bank to Support SMEs and Local Enterprises
The Board of Directors of the African Development Bank Group has approved a $15 million trade finance package for First Capital Bank (FCB) in Zimbabwe to help bolster intra-African… Read more »
April 09, 2024
Africa: African Development Bank Appoints Ousmane Fall As Acting Director for the Industrial and Trade Development Department
The African Development Bank has appointed Ousmane Fall Acting Director of the Industrial and Trade Development Department. Read more »
March 26, 2024
Africa: International Day of Forests - Global Experts Urge Action As Africa Grapples With $65 Billion Timber Trade Deficit
Africa must work to urgently address its staggering $65 billion timber trade deficit to position forests as a critical driver for the continent's future development, global experts… Read more »
March 21, 2024
Mozambique: African Development Bank and Mozambique Strengthen Partnerships to Boost Regional Infrastructure Development and Trade
The African Development Bank and Mozambique reinforced their partnership during a visit by Mr. Solomon Quaynor, the Bank's Vice President for Private Sector, Infrastructure and… Read more »
March 11, 2024
Africa: Second Webinar Series On Harnessing Forestry for Industrialising and Integrating Africa - Timber Trade Flows and Trends in Africa
Who: African Natural Resources Management and Investment Centre, African Development Bank Read more »
February 27, 2024
East Africa: African Development Bank Approves $150 Million Regional Trade Finance Unfunded Risk Participation Agreement Facility for Eastern and Southern African Trade & Development Bank (Tdb)
The Board of Directors of the African Development Bank Group has approved a $150 million Trade Finance Unfunded Risk Participation Agreement facility between the African… Read more »
February 22, 2024
Congo-Kinshasa: DR Congo - African Development Bank Grants $7 Million Trade Finance Guarantee Facility to Access Bank DR Congo to Support SMEs and Local Businesses
On 20 February 2024, the Board of Directors of the African Development Bank Group approved a $7 million trade finance guarantee facility grant to Access Bank DR Congo. Read more »
February 02, 2024
Angola: Angola - Growth of Non-Petroleum Exports and 36,000 New Businesses Thanks to African Development Bank Support
Institutional Capacity Building Project for Private Sector Development, which was implemented in Angola between 2014 and 2023, delivered better-than-expected outcomes as shown in… Read more »
January 26, 2024
Africa: African Development Bank, Attijariwafa Bank Europe Sign €100 Million Risk-Sharing Agreement to Unlock Private Sector Potential to Drive African Trade
The African Development Bank and Attijariwafa bank Europe, European subsidiary of the Attijariwafa bank group, have signed a €100 million risk-sharing agreement to strengthen… Read more »
December 19, 2023
Central Africa: Zimbabwe - African Development Bank Approves $25 Million Trade Finance Line of Credit for Central Africa Building Society
The Board of Directors of the African Development Bank Group has approved a $25 million trade finance line of credit facility to the Central Africa Building Society of Zimbabwe, to… Read more »
Africa: Africa Union Ready to Support Member States to Advance Land Policies Aligned With the African Continental Free Trade Area's Objectives
At the conference convened in Addis Ababa, Ethiopia from 21-24 November 2023 under the theme, "Promoting Sustainable Land Governance in Africa for Accelerating Implementation of… Read more »
