November 04, 2022
Africa: Africa Investment Forum 2022 - Before Exporting Its Gas, Africa Should Meet Its Own Needs
Africa should satisfy its own natural gas needs first before considering exports in the wake of the growing interest among European countries, which is linked to the… Read more »
October 31, 2022
Africa: Africa Investment Forum - African Continental Free Trade Area Provides Fresh Impetus for Deeper Railway Networks
Demand for more extensive rail infrastructure in Africa received a boost following the coming into force of the African Continental Free Trade Agreement in early 2021. The… Read more »
October 28, 2022
Africa: Africa Investment Forum Attracts Us Trade and Development Agency Support for Nigerian Telehealth Provider
Abuja-based telemedicine provider Mobihealthcare Limited has received grant funding from the United States Trade and Development Agency. The funding will support the provider of… Read more »
October 13, 2022
Africa: African Development Bank Approves $75 Million Risk Participation Agreement Facility for Firstrand Bank Limited to Enhance Trade Financing On the African Continent
The Board of Directors of the African Development Bank Group on Wednesday, 12 October approved an unfunded $75 million trade finance Risk Participation Agreement facility for… Read more »
October 14, 2022
Africa: African Development Bank Group Approves $50 Million Trade Finance Risk Participation Partnership With Natixis
The Board of Directors of the African Development Bank Group has approved a $50 million Risk Participation Agreement (RPA) for Natixis, a French Bank. The agreement will enable… Read more »
October 10, 2022
East Africa: Delivering Desert to Power in the Horn of Africa - Enhancing Regional Power Trade in Djibouti, Eritrea and Ethiopia
What: The 6thAfrica Energy Market Place (AEMP) Read more »
October 05, 2022
Africa: Nigeria - African Development Bank Approves $25 Million Trade Finance Facility for Fsdh Merchant Bank for Local SMEs
The Board of Directors of the African Development Bank Group has approved a $15 million trade finance line of credit and $10 million transaction guarantee for FSDH Merchant Bank in… Read more »
September 28, 2022
Africa: Africa Co-Guarantee Platform Partners Reaffirm Commitment to Catalyzing Trade and Investment
Amid rising urgency for instruments to de-risk investment across Africa, the Africa Co-Guarantee Platform's (CGP) six partners have affirmed commitments to better leverage… Read more »
Africa: Move Africa's Industrialization Goals and Trade Competitiveness With Network Planning and Implementation At a Regional Cross Border Level Now - Transnet-AfDB Conference
Joint network lifetime planning and implementation of regional borderless crossings are key tools for the scaling up of integrated regional freight transport and logistics systems… Read more »
September 08, 2022
Cape Verde: Upgraded Maio Port to Transform Economy, Boost Trade in Cabo Verde
African Development Bank President Dr. Akinwumi A. Adesina on Wednesday inaugurated the upgraded Port of Maio in Cabo Verde, which will help reduce sea travel time to the capital… Read more »
July 26, 2022
Africa: African Development Bank, African Continental Free Trade Area Secretariat, Sign $11 Million Institutional Support Grant Agreement
The African Development Bank Group and the Secretariat of the African Continental Free Trade Area (AfCFTA) have signed a Protocol of Agreement for an $11.24 million support package… Read more »
July 22, 2022
Africa: African Development Bank Approves Risk Participation Agreement With Crédit Agricole Cib to Stimulate Intra-African Trade
The Board of Directors of the African Development Bank Group has approved a Risk Participation Agreement of $50 million with Crédit Agricole Corporate and Investment Bank. Read more »
July 15, 2022
Africa: African Development Fund Approves $11 Million Grant to the African Continental Free Trade Area Secretariat
The Board of Directors of the African Development Fund approved an $11.02 million support package to the Permanent Secretariat of the African Continental Free Trade Area (AfCFTA)… Read more »
July 13, 2022
East Africa: African Development Bank Approves $175 Million Regional Trade Finance Funded Risk Participation Agreement Facility for Eastern and Southern African Trade & Development Bank
The Board of Directors of the African Development Bank Group has approved a $175 million Trade Finance Funded Risk Participation Agreement facility between the African Development… Read more »
Africa: African Development Bank Group Approves Euro 50 Million Trade Finance Risk Participation Partnership With Societe Generale to Support Local Banks and SMEs in Africa
The Board of Directors of the African Development Bank Group on Wednesday 13 July approved a €50 million unfunded risk-sharing facility partnership with Societe Generale to… Read more »
July 11, 2022
Nigeria: African Development Bank-Supported Trade Credit Guarantee Project Increases Access to Fertilizer in Nigeria
In the middle of Kamba market in Nigeria's north-western Kebbi State, hub agro-dealer Umar Sani points to a stack of fertilizer bags in Alhaji Musa's retail shop, a sign to… Read more »
June 02, 2022
Malawi: Malawi - African Development Bank Gives Financial Sector a Boost With New Tools to Support Local Corporates, SMEs and Domestic Trade
Members of the African Development Bank Group's Financial Sector Development Department (trade finance division) have concluded a successful visit to Malawi aimed at strengthening… Read more »
May 20, 2022
Mauritius: Mauritius - National Bourse Launches New Automated Trading Platform
The Stock Exchange of Mauritius (SEM) on Thursday launched a new automated trading system, positioning itself as an attractive multi-currency listing platform capable of offering… Read more »
May 03, 2022
Tanzania: Virtual Launch of the "Trade Finance Demand and Supply in Africa - Evidence From Kenya and Tanzania" Report
During this virtual launch, expert panelists will unpack the current trade finance landscape in the region, addressing, amongst other topics, drivers of trade finance demand and… Read more »
January 25, 2022
Africa: Africa Investment Forum Senior Director Chinelo Anohu, AfCFTA Secretary General Discuss EU-Africa Cooperation and Trade
Ahead of the EU-African Union Summit scheduled for 17-18 February 2022, African thought leaders stressed the importance of trade agreements and regional integration as keys to… Read more »
December 17, 2021
Africa: African Development Fund Grants $1.5 Million to Smart Africa Alliance to Strengthen the Policy Environment for Digital Trade and E-Commerce Across Africa
The Board of Directors of the African Development Bank Group has approved a $1.5 million grant to assess policy gaps in the digital trade and e-commerce ecosystems in 10 countries… Read more »
December 02, 2021
Africa: African Development Bank Group Board Approves a $35 Million Facility for Ecobank International Affiliates, Ebi SA Trade Finance Activities in Africa.
The Board of Directors of the African Development Bank on 19 November 2021 approved a $35 million unfunded risk-sharing facility to support the trade finance activities in Africa… Read more »
November 17, 2021
Africa: At Iatf, Multilateral Financiers Discuss Trade Initiatives After Covid-19
Multilateral financial institutions on Tuesday discussed their role in promoting trade under the African Continental Free Trade Area (AfCFTA), an ambitious plan to create the… Read more »
Africa: Let's Push the African Continental Free Trade Area As a Sure-Fire Way to a Golden "Made in Africa" Label, Leaders Say At Intra-African Trade Fair
That history repeats itself need not be a bad thing in Africa, South African President Cyril Ramaphosa stressed during the opening ceremony of the second Intra-African Trade Fair… Read more »
November 12, 2021
Africa: African Development Bank Approves $150 Million to Support Etc Group's Trade and Agriculture Value-Chain Development in Africa
The Board of Directors of the African Development Bank Group has approved a $150 million facility to ETC Group Limited to address the company's working capital requirements and… Read more »
