Tag Banking/finance

Africa Finance Corporation Takes Center Stage with Six Prestigious Awards at the Global Banking & Markets Africa Awards 2025

These accolades underscore AFC’s pivotal role in landmark transactions that drive sustainable development and economic growth across the region Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has been recognized for its outstanding contributions to Africa’s financial and…

Read MoreAfrica Finance Corporation Takes Center Stage with Six Prestigious Awards at the Global Banking & Markets Africa Awards 2025
Ethiopian Airlines Group CFO Mensfin Tasew (left) and AfDB Vice President Nnenna Nwabufo display copies of the signed letter of intent. Standing behind them are Ethiopia’s Finance Minister Ahmed Shide (left) and Bank Group President Dr. Akinwumi Adesina (in bow tie)

Ethiopian Airlines Group and African Development Bank sign Letter of Intent for financing of world-class Abusera International Airport

The new Abusera International Airport will complement Ethiopia’s recently expanded Bole International Airport, which is expected to reach its annual 25 million passenger capacity limit soon The African Development Bank and Ethiopian Airlines Group have signed a Letter of Intent…

Read MoreEthiopian Airlines Group and African Development Bank sign Letter of Intent for financing of world-class Abusera International Airport

Afreximbank breaks ground on historic state-of-the-art Afreximbank African Trade Centre (AATC) in Barbados, first outside Africa

This groundbreaking event marks the official commencement of construction for this historic project and is a significant step in Barbados and CARICOM’s journey towards economic advancement and regional integration African Export-Import Bank (Afreximbank), Africa’s leading Multilateral Financial Institution, made history…

Read MoreAfreximbank breaks ground on historic state-of-the-art Afreximbank African Trade Centre (AATC) in Barbados, first outside Africa

Côte d’Ivoire: African Development Bank Group and Council of the Entente Join Forces to Boost Regional Growth in West Africa

Nnenna Nwabufo, the Bank’s Vice-President for Regional Development, Integration, and Business Delivery, met with a delegation from the Council led by Deputy Executive Secretary Ali Idi at the Bank’s headquarters in Abidjan A new chapter of regional collaboration is taking…

Read MoreCôte d’Ivoire: African Development Bank Group and Council of the Entente Join Forces to Boost Regional Growth in West Africa
(Left) Solomane Koné, the African Development Bank Group’s Acting Director General for Central Africa and Alamine Ousmane Mey, Cameroon’s Minister of Economy, Planning and Regional Development and Governor of the Bank for Cameroon

Cameroon: AfDB approves €330 million loan to upgrade Ngaoundéré-Garoua road to improve connectivity and strengthen regional integration

The aim of the programme is to modernise a strategic section of Cameroon’s road network, which is essential for transporting people and goods between the north and south of the country The African Development Bank Group has given the green…

Read MoreCameroon: AfDB approves €330 million loan to upgrade Ngaoundéré-Garoua road to improve connectivity and strengthen regional integration

Somalia joins Afreximbank as it seeks to boost Intra-African trade and economic growth

Somalia’s membership of Afreximbank is a significant milestone that places the country on a path of sustainable economic transformation, upgrading of the country’s trade and industrial infrastructure Somalia has formally acceded to the Establishment Agreement of African Export-Import Bank (Afreximbank),…

Read MoreSomalia joins Afreximbank as it seeks to boost Intra-African trade and economic growth

African Development Bank Mulls $500 Million Facility to Mobilize Financing for Smallholder Farmers

The Bank has approved 77 projects valued at $3.9 billion to support the implementation of Country Food and Agriculture Delivery Compacts across 32 countries, with an additional $1.72 billion in planned approvals this year African Development Bank Group, President Dr.…

Read MoreAfrican Development Bank Mulls $500 Million Facility to Mobilize Financing for Smallholder Farmers

AFC, Ecobank & Soto Gallery Bet Big on African Art at +234Art Fair – Can Nigeria Lead the Continent’s Creative Boom?

Over 260 Young Artists Poised to Showcase Talent as Africa’s Creative Economy Gains Momentum Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is doubling down on its commitment to Africa’s creative economy by partnering with Ecobank Nigeria, Soto…

Read MoreAFC, Ecobank & Soto Gallery Bet Big on African Art at +234Art Fair – Can Nigeria Lead the Continent’s Creative Boom?

Africa Finance Corporation Broadens its Regional Footprint with Comoros Membership

AFC’s diverse membership spans all regions of Africa, reinforcing its role as a leading infrastructure solutions provider for Africa Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has welcomed the Union of Comoros as its 44th member country, reflecting…

Read MoreAfrica Finance Corporation Broadens its Regional Footprint with Comoros Membership

Africa Finance Corporation (AFC) Sweeps IJGlobal and Global Capital Awards with Hat Trick of Major Wins

Earning Guarantor of the Year, the Market Innovation Award, and African Deal of the Year reaffirms AFC’s expertise in attracting global capital to African markets Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has been honoured with three…

Read MoreAfrica Finance Corporation (AFC) Sweeps IJGlobal and Global Capital Awards with Hat Trick of Major Wins