Finance

ADF approves US$149mn credit facility to support low-income countries

alternative alternative energy clean energy 421888The African Development Fund Board (ADF) has approved credit risk facility of US$149mn by the Private Sector Credit Enhancement Facility (PSF) in seven private sector operations targeting low-income countries

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EIB confirms support for US$567mn transformational investment across Africa

architecture berlin blur 1057858The European Investment Bank (EIB) has formally agreed on a total of US$567mn of new financing for three projects to support sustainable transport, clean energy and internet access projects in North, West and East Africa

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AfDB unveils multi-sectoral nutrition action plan to reduce stunting

african children boy children 1686468The African Development Bank (AfDB) has unveiled a new multi-sectoral nutrition action plan to increase investments to reduce stunting by 40 per cent in African children aged under five by 2025

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Blockchain to transform African economies: UWIN

money 2724241 640Research from Unleashing the Wealth in Nations (UWIN) has revealed that 70 per cent of professional investors believe blockchain and modern technology will have a positive impact on Africa over the next five years

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Ireland partners with TradeMark East Africa to boost Tanzania’s economy

TMEA 2018 Grant signingIreland has launched a new partnership worth US$1.14mn with Trademark East Africa to facilitate increased trade and improve income opportunities within Tanzania’s agriculture sector

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