Tag Investment

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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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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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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Afreximbank Hosts Inaugural FOCUS Africa Trade and Investment Forum to strengthen economic integration in Africa

FOCUS Africa will address key investment challenges and unlock high-impact opportunities across multiple sectors, including agribusiness, technology, infrastructure, logistics, energy, manufacturing, mining, tourism, and the blue economy The African Export-Import Bank (Afreximbank), in collaboration with the Ministry of Planning, Economic…

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Ministry of Health and KAOUN International launch GITEX FUTURE HEALTH AFRICA in Morocco, the foremost healthcare tech event to accelerate digitisation of the region’s healthcare industry

GITEX FUTURE HEALTH AFRICA/Morocco will drive unprecedented impact across Africa, leveraging breakthroughs in technology and AI to enhance quality and access to healthcare During the third annual edition of GITEX AFRICA Morocco, the continent’s largest tech and startup show, His…

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Nigeria’s Cross River State second to commence construction of its Special Agro-Industrial Processing Zone

The African Development Bank Group has committed $934 million to SAPZs in 11 African countries Nigeria’s Cross River State became the second to mark construction of a Special Agro-Industrial Processing Zone after the country’s Vice President Kashim Shettima and African…

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GITEX AFRICA Morocco’s third edition opens to the continent’s largest gathering of globally influential tech leaders, government officials and innovators

GITEX AFRICA Morocco to forge new partnerships and explore new technologies with a broadening impact on Africa’s digital landscape GITEX AFRICA Morocco, the continent’s largest tech and startup show today opened its doors to the biggest players across the local,…

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