Source: African Development Bank Group (AfDB) |

African Development Bank launches landmark US$500 million credit insurance deal with African Trade Insurance Agency and UK reinsurers

This transaction is expected to have an important demonstration effect to encourage similar institutions to invest more on the continent in the future

Responds to G20 Action Plan for MDB Balance Sheet Optimization; Creates additional headroom that will be chanelled to support further development across Africa; Supported by Insurance Broker - RFIB Group Ltd and leading UK reinsurers. The African Development Bank (AfDB) (www.AfDB.org) and African Trade Insurance Agency (ATI) announce the successful completion…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Green Climate Fund Board approves three African Development Bank proposals for Green Climate Projects worth over US$ 110 million

The program is further resourced by co-financing from the Bank, the European Union, the Global Environmental Facility, the Forestry Investment Programme of the Climate Investment Funds

The Board of the Green Climate Fund (GCF) has approved funding for three proposals from the African Development Bank (www.AfDB.org) totaling over US$110 million. The approvals were granted at the GCF’s 21st Board Meeting held October 17 – 20 2018 in Manama, Bahrain. Overall, the GCF Board, which was co-chaired…

Source: African Development Bank Group (AfDB) |

African Development Bank headlines strong performance ahead of key investment forum

The Bank’s performance and ratings are based on the solid support from its shareholders, including in the form of strong callable capital

Ahead of its maiden African Investment Forum next month, the African Development Bank (www.AfDB.org) continues to see another year of sustained indicators, underlined by a stellar Triple A rating by all three major agencies and sharply increased earnings. The inaugural Forum takes place 7-9 November 2018 in Johannesburg, South Africa,…

EnergyNet Ltd.
Source: EnergyNet Ltd. |

EnergyWeek Morocco to welcome 400 energy decision-makers to Marrakech this November to discuss power projects in North & West Africa

The event is a platform for decision-makers in the energy sector to discuss the progress of regional power projects in North & West Africa

EnergyWeek Morocco will take place from 14-15th November in Marrakech. The event is a platform for decision-makers in the energy sector to discuss the progress of regional power projects in North & West Africa Two separate investment meetings will be hosted within this week - the 3rd annual Africa Renewable…

Source: African Development Bank Group (AfDB) |

African Development Bank launches landmark US$500 million credit insurance deal with African Trade Insurance Agency and UK reinsurers

This transaction is expected to have an important demonstration effect to encourage similar institutions to invest more on the continent in the future

Responds to G20 Action Plan for MDB Balance Sheet Optimization; Creates additional headroom that will be chanelled to support further development across Africa;  Supported by Insurance Broker - RFIB Group Ltd and leading UK reinsurers. The African Development Bank (AfDB) (www.AfDB.org) and African Trade Insurance Agency (ATI) announce the successful…

Source: African Development Bank Group (AfDB) |

South Africa’s mass transit sector secures US$ 10 million and ZAR 1.4 billion African Development Bank loans

The financing will support the Company’s growth plans and initiatives to support Small and Medium Enterprises (SMEs) in the country’s mass transit segment

The African Development Bank (www.AfDB.org) has approved over US$100 million in loans to SA Taxi Development Finance Limited, a wholly owned subsidiary of SA Taxi Finance Holdings Proprietary Limited, a vertically integrated business platform that provides a comprehensive financial and allied services offering to minibus taxi operators.  The minibus taxi system…

Genesys
Source: Genesys |

Genesys - Southern East Africa steps up customer experience focus

Genesys Southern East Africa (SEA) expands as region seeks world-class Customer Experience (CX) solutions

Enterprises in Southern East Africa and Mauritius are rapidly stepping up their efforts to boost customer experience, reports omnichannel customer experience specialist Genesys (www.Genesys.com). Genesys, currently experiencing strong growth in the region, says enterprises in key African development hubs are fast catching up with their international counterparts in terms of…

Source: Solarplaza |

How solar power is changing lives in Africa

The unrivaled, life-changing power of solar energy: battling climate change and accelerating socio-economic development

In June 2018, Bouake, the second largest city of Cote d’Ivoire, suffered its first-ever shutdown of domestic water supply. The country’s dammed lake, which supplies 70 percent of the city’s water supply, completely ran dry. According to many experts, this was yet-again another consequence of climate change. As a result…

API Events
Source: API Events |

Fortifying Affordable Housing’s Role in Expanding Economic Growth

Akporji points to the ongoing reforms and evolution of the roles of both the public and private sector along the housing value chain

As the continent’s largest economy, international development experts, innovators and funders increasingly believe that Nigeria is positioned to provide a market-driven solution to one of the continent’s most significant challenges and opportunities: Affordable Housing. While Nigeria’s size, ability to scale and recalibrated post-recession economy provides the ammunition for such a…

The Department of Trade and Industry, South Africa
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Source: The Department of Trade and Industry, South Africa |

Special Economic Zones are key in reviving manufacturing In South Africa – Dube Trade Port CEO

Erskine was addressing the Select Joint Oversight Committee on Trade, International Relations, Economic and Business Development during their visit to the Durban-based Dube Tradeport SEZ

The Chief Executive Officer of the Dube Tradeport, Mr Hamish Erskine says Special Economic Zones (SEZs) are key in reviving the manufacturing sector and creating sustainable jobs. Erskine was addressing the Select Joint Oversight Committee on Trade, International Relations, Economic and Business Development during their visit to the Durban-based Dube…