Malawi’s $30 billion mining potential is attracting global investors, with major deals and projects set to take center stage at African Mining Week 2025 Malawi could generate up to $30 billion from mineral exports between 2026 and 2040, with annual…
AFC’s delegation, alongside key partners, participated in the ceremonial Market Close, culminating in the presentation of a commemorative glass tablet and the signing of the LSE’s Welcome Book Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, had the…
Over the past four years, Afreximbank has approved over $813 million in financing for Uganda’s public and private sectors, with a pipeline in exceeding US$ 1 billion in pending approvals The quest to broaden the scope of interventions by the…
This five-year bond provides an attractive annual interest rate of 6.5% with a two-year capital repayment grace period Ecobank Côte d’Ivoire, a subsidiary of Ecobank Transnational Incorporated, the leading Pan African Bank, takes a major step forward in its commitment…
With this launch, businesses and individuals can benefit from faster, more cost-effective, and secure payments without relying on correspondent banks or third-party currencies The Pan-African Payment and Settlement System (PAPSS), launched by African Export-Import Bank (Afreximbank) in collaboration with the…
For 2025, growth is projected to recover to 3.0 percent as social conditions normalize and economic activity picks up, especially in services An International Monetary Fund (IMF) team, led by Mr. Pablo Lopez Murphy, conducted discussions from February 19 to…
The Trade and Development Bank Group (TDB Group) has achieved a significant milestone by securing accreditation from the Green Climate Fund (GCF), positioning itself as a key financial catalyst for climate action in East and Southern Africa. This accreditation paves…
The Bank Group’s mission to Congo explored new funding opportunities for key sectors, including energy, digital infrastructure, and roads Talks held by the African Development Bank Group in the Republic of Congo from 24 – 28 February 2025 marked a…
With this expansion, individual entrepreneurs – including those in the formal and informal sectors – can now fully benefit from its enhanced financial and non-financial solutions To bridge the gender financing gap for Africa’s women entrepreneurs, Ecobank, the leading pan-African…
African Development Bank leaders champion climate finance and just transition The fifth edition of the Finance in Common Summit (FiCS) concluded on Friday in Cape Town, South Africa, with strong calls for global development finance institutions to work together to…
The agreement paves the way for support from the Islamic Development Bank to finance the second section of the 205-kilometer Mayo-Singako-Am Timan at an estimated cost of $275.5 million The African Development Bank and the government of Chad have signed…
Afreximbank will finance the development and operationalisation of industrial parks (IPs) and special economic zones (SEZs) to bolster the country’s industrialisation and export manufacturing In a groundbreaking move that will redefine Kenya’s industrial landscape, Afreximbank and the Kenyan government have…
Discussions centered on innovative strategies for mobilizing African capital, strengthening financial institutions, and leveraging the role of African Multilateral Financial Institutions (AMFIs) in financing critical development sectors On the sidelines of the 38th Ordinary Session of the Assembly of the African…
This landmark initiative will accelerate climate adaptation and sustainable infrastructure across Africa The European Investment Bank (EIB) has committed to join Africa Finance Corporation (AFC) in financing a $750 million Infrastructure Climate Resilient Fund (ICRF). This landmark initiative will accelerate…
The social bond investment promotes inclusive economic development, particularly for SMMEs with a turnover below R300 million and loan sizes under R40 million The African Development Bank Group and Standard Bank Group (SBG) on Monday signed a landmark financial agreement…