AfDB debars Kenyan firm, Global Interjapan, over fraudulent practices
Charles Abuede
February 16, 2021
By Charles Abuede The African Development Bank (AfDB) on Tuesday announced that it has debarred Global Interjapan Limited, a
AfDB, Mozambique’s $24bn LNG project win award for global syndicated finance
Ben Eguzozie
February 12, 2021
Project to potentially change global energy markets dynamics, dwarfing Nigeria, Angola AfDB signed $400m senior loan to finance
S&P Global affirms AfDB’s AAA rating with stable outlook
Ben Eguzozie
February 2, 2021
Says bank can manage its capital, maintain high liquidity Bank’s GCI-VII rose $208bn Adesina: Ratings affirms our strong
Davos summit: AfDB asks developed countries to fulfil $100bn yearly climate finance pledge
Ben Eguzozie
January 27, 2021
Says bank quadrupled its climate financing to $25bn by 2025 Percentage of financing devoted to climate adaptation up from 26%
Africa’s $60bn losses in illicit capital flows due to multinationals’ tax avoidance, says AfDB Adesina
Charles Abuede
January 22, 2021
By Charles Abuede Says 86 of Nigeria’s SMEs spend a whopping $14bn annually on diesel for generators Nigerian companies lose an
AfDB secures $90m international donor funds for SEFA project
Charles Abuede
December 17, 2020
By Charles Abuede Receives financial commitments from Sweden, Germany, Denmark, US, UK The African Development Bank
BUA pledges support for AfCTA infrastructure projects, addresses despondent challenges affecting success
Onome Amuge
September 28, 2020
Onome Amuge Nigerian leading foods, mining, manufacturing and infrastructure conglomerate, BUA Group, has expressed its
AfDB, partners commit $3.8bn to speedily close Africa’s investment gap
Charles Abuebe
July 20, 2020
15 deals in AIF’s current portfolio All deals valued at $3.79 billion earmarked to address the impact of COVID-19 By Charles Abuede
Investment interest in Africa grows as AIF 2019 sees 44% rise in deals value to $67.6bn
Businessam Staff
November 13, 2019
By Phillip Isakpa, in Johannesburg, South Africa Global investor interest in the continent of Africa continues to grow as the second
AfDB takes $50m minority equity in AFC
Businessam Staff
November 13, 2019
The African Development Bank (AfDB) this morning in Johannesburg, South Africa, made a $50 million minority equity Investment