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AfDB, IFC and Citi Join Efforts to Support African Trade

01/10/2010 - The African Development Bank (AfDB) Group, Citigroup and International Finance Corporation (IFC), a member of the World Bank Group, have agreed to provide USD 175 million in trade financing for exporters and importers in Africa to help boost economic growth.

Categories: Financial Crisis, Economic & Financial Governance, Private Sector Development, Trade Finance Initiative


Af DB’s Awarded Best Development Finance Institution in Africa2

30/06/2010 - The African Development Bank (AfDB) has received the “Highly Commended” prize for the Best Development Finance Institution (DFI) in Africa at the Trade Finance Magazine 2010 Awards for Excellence.

Categories: United Kingdom, Trade Finance Initiative, Private Sector Development


16/12/2009 - On behalf of their respective institutions, Aloysius Uche Ordu, Vice President, Regional and Country Programs and Policy from the African Development Bank (AfDB) and Faith Tuedor-Matthews, Deputy Managing Director, from the United Bank for Africa Plc (UBA) signed today, 16 December 2009 two loan agreements for a total of USD 150 million.

Categories: Trade Finance Initiative, Emergency Liquidity Facility (ELF)


  • From: 04/08/2009
  • To: 06/08/2009
  • Location: Nairobi, Kenya

From the 4 to 6 August 2009, the 8th African Growth and Opportunity Act (AGOA) Forum took place in Nairobi (Kenya). The theme of this forum was “Realizing the Full Potential of AGOA through Expansion of Trade and Investment”.

Categories: Kenya, Trade Finance Initiative, President's Corner


22/07/2009 - The Board of Directors of the African Development Bank (AfDB) Group approved on Wednesday in Tunis, loans under the Bank’s Emergency Liquidity Facility (ELF) and Trade Finance Initiative (TFI) for a total amount of US$ 150 million to United Bank of Africa Plc (UBA) Nigeria.

Categories: Nigeria, Trade Finance Initiative, Economic & Financial Governance


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08/07/2009 - Le président Donald Kaberuka a reçu, lors d'un petit-déjeuner, les représentants des plus grands médias accrédités en Suisse.

Categories: Switzerland, Trade Finance Initiative


06/07/2009 - En ce début de siècle, l’Afrique est à la croisée de trois défis majeurs qui ont pour noms : la crise énergétique, la crise alimentaire et la crise économique subséquente à la grave crise financière qui secoue la planète.

Categories: Trade Finance Initiative


06/07/2009 - Donors formally committed funds today to the $50 billion Global Trade Liquidity Program (GTLP), triggering the first disbursements to importers and exporters in developing countries to help reverse the decline in trade resulting from the economic crisis.

Categories: Switzerland, Trade Finance Initiative


01/07/2009 - La Banque africaine de développement (BAD) en prenant une initiative de financement du commerce, en mars 2009, avait bien pris la mesure des défis croissants pour le commerce africain, surtout que l’espoir initial que le continent serait épargné par l’impact de la crise financière mondiale ne s’est pas matérialisé.

Categories: Tunisia, Trade Finance Initiative, Financial Crisis


01/07/2009 - « Ce projet arrive à point nommé pour répondre à la crise globale. Nous devons agir vite » a dit le Président Kaberuka, suite à l’approbation par le Conseil d’administration d’un montant de 500 millions de dollars pour financer la deuxième phase du Programme global de liquidité pour le commerce extérieur (GTLP).

Categories: Tunisia, Trade Finance Initiative


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