Africa Investment Forum mobilises $142bn investment interest in 5 yrs- AfDB
Nov. 6, 2023 The African Development Bank (AfDB) says the Africa Investment Forum (AIF), has mobilised close to 142 billion dollars in investment interest since 2018. AfDB in a statement,…
AfDB proposes youth entrepreneurship investment Bank for start-ups funding in Africa
The African Development Bank (AfDB) has proposed the establishment of a Youth Entrepreneurship Investment Bank, an initiative that will focus 100 per cent on providing funding for start-ups, small and…
Africa needs structured finance for effective financial trade – Afreximbank
The African Export-Import Bank (Afreximbank) says Africa needs structured finance for effective financial trade to overcome uncertainty and economic difficulty to boost trade in the continent. The bank’s President, Mr…
Dangote signs $650m refinery loan with Afreximbank
Africa’s richest man, Aliko Dangote, has signed a $650 million loan facility with the African Export-Import Bank (Afreximbank) for his oil refinery project in Nigeria. The seven-year term loan would…