Tag Banking/finance

Pearl Bank Is No Longer Rebranding. It Is Repositioning Uganda’s Banking Narrative.

For years, Uganda’s banking industry has largely been defined by foreign-owned institutions, legacy perceptions, and an urban-centred approach to growth. Yet quietly, and perhaps more strategically than many realise, a different kind of story is beginning to emerge. The transition…

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Zambia Affirms Strong Support for African Development Bank (AfDB) President Ould Tah’s vision for New African Financial Architecture

Dr Ould Tah thanked President Hichilema and the Zambian people for hosting the ADF-17 replenishment meeting, a key milestone in mobilising concessional resources for Africa’s most vulnerable countries Zambia has voiced strong backing for African Development Bank Group President Dr…

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In Zambia, African Development Fund reshapes the country’s agriculture and education landscape

Zambian ministers credit African Development Fund for fertilizer self- sufficiency boost, increased capacity for 250,000 new skilled workers Concessional financing from the African Development Fund (ADF) has been transformative for Zambia’s agriculture and education sectors, while “anchoring peace, prosperity, and…

Read MoreIn Zambia, African Development Fund reshapes the country’s agriculture and education landscape

African Development Bank Group approves USD 500,000 grant to support Uganda’s emergency flood and landslide response

The financing will provide urgent assistance to communities severely affected by floods and landslides in the Bulambuli, Kasese and Ntoroko districts, including the provision of family-size tents The Board of Directors of the African Development Bank Group has approved a…

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African Development Bank Approves Equity Investment in The Currency Exchange Fund to Support Access to Local Currency Financing across Africa

This strategic investment will strengthen TCX’s capital base, enhance its risk-bearing capacity, and expand its ability to offer hedging instruments in illiquid and less liquid currencies across the African continent The Board of Directors of the African Development Bank Group…

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Artificial Intelligence to Take Centre Stage at the 2025 Afreximbank Compliance Forum in Kigali, Rwanda in November

ACF2025 builds on Afreximbank’s leadership in trade-related compliance and its investment in AI-powered platforms that streamline client onboarding, enable real-time risk monitoring, and ensure secure transaction processing Artificial Intelligence (AI) is reshaping trade in Africa – curbing illicit financial flows,…

Read MoreArtificial Intelligence to Take Centre Stage at the 2025 Afreximbank Compliance Forum in Kigali, Rwanda in November

KCB and Afreximbank in Joint Funding Deal to Operationalize Vipingo Special Economic Zone (SEZ)

Afreximbank and KCB Group will provide initial funding amounting to US$ 500 million and US$ 300 million, respectively towards the initiative KCB Group and pan-African multilateral development bank, African Export-Import Bank (Afreximbank) have entered a Memorandum of Understanding (MOU) aimed…

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African Development Bank to Host Africa Natural Capital Accounting Community of Practice (Africa NCA COP) Secretariat

The NCA-COP, launched in 2020 and now comprising more than 500 members from 48 African countries The African Development Bank Group has officially announced that it will host the Secretariat of the Africa Natural Capital Accounting Community of Practice (Africa…

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African Experts Urge Governance Reforms, Domestic Resource Mobilization, and Stronger Partnerships to Drive Economic Transformation in Transition States

Africa’s transition states are the continent’s most vulnerable economies, facing a wide range of political, economic, security and environmental challenges, and striving for greater stability and resilience African economists and development leaders have called for sweeping governance reforms, stronger domestic…

Read MoreAfrican Experts Urge Governance Reforms, Domestic Resource Mobilization, and Stronger Partnerships to Drive Economic Transformation in Transition States

Afreximbank’s Africa Research and Innovation Hub (ARIH) seeks to unlock US$70 billion annual economic gains for Africa

The hub is structured to address the low investment in research and development (R&D) in Africa and the continent’s underperformance in research output The African Research and Innovation Hub (ARIH) that was recently launched by African Export-Import Bank (Afreximbank) is…

Read MoreAfreximbank’s Africa Research and Innovation Hub (ARIH) seeks to unlock US$70 billion annual economic gains for Africa

Transforming Grant Funding to Accelerate Energy Access in Africa – ENGIE Energy Access Publishes New White Paper

Drawing on nearly two decades of last-mile delivery experience across nine African countries, the paper highlights how rethinking funding design could unlock private sector capacity and deliver impact at scale ENGIE Energy Access, Africa’s leading off-grid solar provider, has released…

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Afreximbank and South African Government sign landmark Joint Project Preparation Facility Agreement to accelerate infrastructure development

By combining Afreximbank’s financial expertise with strategic oversight of ISA, the partnership seeks to create a robust pipeline of bankable projects essential for closing South Africa’s infrastructure gap African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has marked a significant milestone in infrastructure…

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African leaders, African Development Bank (AfDB) push for governance reforms, regional integration for Africa’s transformation at Nigerian Economic Society Conference

The 2025 NES conference has drawn more than 2,500 delegates from 22 African countries, including economists, policymakers, academics, and international partners African leaders, experts, the African Development Bank and development partners have called for urgent reforms to strengthen governance, deepen…

Read MoreAfrican leaders, African Development Bank (AfDB) push for governance reforms, regional integration for Africa’s transformation at Nigerian Economic Society Conference