30-Apr-2014
AfDB approves a €40-million Risk Participation Agreement with BNP Paribas to Boost Trade Finance in Africa
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, April 30 in Tunis an unfunded €40-million Risk Participation Agreement (RPA) with BNP Paribas to support the trade finance activities of African issuing banks. The facility will help address critical market demand...
30-Apr-2014
Souk At-Tanmia: The second edition is launched!
The second edition of Souk At-Tanmia, the programme dedicated to aspiring entrepreneurs in Tunisia, has just begun. Launched on April 30, the invitation to apply ends at midnight on June 30, 2014.
On Wednesday, April 30 in Tunis, on the eve of International Workers’ Day, the Cité des Sciences...
Since 2000, Africa has been experiencing a remarkable economic growth accompanied by improving democratic environment. Real GDP growth has risen by more than twice its pace in the last decade. Telecommunications, financial services and banking, construction and private-investment inflows have also...
The Board of Directors of the African Development Bank (AfDB) approved on Wednesday, April 23, 2014 an unfunded US $50 million Risk Participation Agreement (RPA) with Commercial International Bank (Egypt) S.A.E. (CIB) to support trade transactions originated by issuing banks in Africa. The facility...
Applauding Cape Verde’s graduation to middle income status, the Board of Directors of the African Development Bank Group (AfDB) on Wednesday, April 23, 2014 approved a new Country Strategy Paper designed to support the Government in its efforts to lay the foundations for more inclusive and green...
The Board of Governors of the African Development Bank Group (AfDB) through its private sector window has approved a US $9 million line of credit (LOC) equivalent in Mozambique metica (MZN) to Moza Banco.
Moza Banco S.A. is one of Mozambique’s fastest-growing financial...
23-Apr-2014
Launch of the AfDB 50th Anniversary Celebrations
The Board of Directors of the African Development Bank approved on Wednesday, April 16, 2014 in Tunis, a US $8.2 million loan to The Gambia’s Horizons Clinic. The Horizons Clinic project to which the Board approved a US $8.2-million loan involves the design, building and operation of a 60-bed...
“Addressing conflict and fragility in Africa” was the theme of an event organized by the African Development Bank’s High Level Panel on Fragile States during the Africa-EU Summit in Brussels on April 1. The event was chaired by President Ellen Johnson Sirleaf of Liberia with opening...