AfDB takes USD 50m equity Carlyle’s first fund in Sub-Saharan Africa
The Board of the African Development Bank (AfDB) approved an equity investment of USD 50 million into the Carlyle Sub Saharan Africa Fund on 22 February. This fund is the first investment vehicle that the US-based private equity firm The Carlyle Group has raised to pursue its geographical expansion into sub-Saharan Africa.
AfDB Offers Education Support Bond to Japanese Investors
The African Development Bank (AfDB), rated Aaa/AAA/AAA, today announced that it will offer an Education Support Bond to Japanese retail investors. The bond will be distributed by Tokai Tokyo Securities, Nishimura Securities, Banyo Securities and Rakuten Securities.
AfDB approves USD 12 million line of credit to Nigeria’s LAPO Microfinance Bank
The Board of Governors of the African Development Bank Group (AfDB) through its private sector window approved on Wednesday, October 1 a USD 12 million line of credit (LOC) equivalent in Nigerian Naira (NGN) to LAPO Microfinance Bank (LAPO MfB) in Nigeria.
AfDB approves €10 million equity investment in Moringa Private Equity Fund
On Wednesday, October 1, 2014 in Abidjan, the Board of Directors of the African Development Bank approved a €10-million equity investment in the African compartment of the Moringa Private Equity Fund.
AfDB Approves New Strategy for Tunisia for 2012-2013
The African Development Bank (AfDB) has given the green light to a new two-year strategy for Tunisia. With this strategy, the AfDB is answering the challenges that have faced the country since January 2011.