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African Development Bank invests US$11 billion in COMESA
The African Development Bank (AfDB) has invested US$11bn in infrastructure development across the COMESA region in the last five years
AfDB pledges US$18 million to support Somalia’s reconstruction
The African Development Bank has pledged its support for Somalia's reconstruction with a commitment of US$18mn over a period of three years
KCB and Western Union launch account-based money transfer service
Western Union and KCB Group have announced the launch of an account-based money transfer service (ABMT) in East Africa, allowing customers to send and receive money from more than 200 countries around the world
Ecobank and ICICI enter into a partnership to extend banking services
Ecobank Transnational Incorporated (ETI) has entered into a partnership with Indian private sector bank ICICI Bank in an attempt to establish itself as a gateway for Indian investment into Africa
World Bank sanctions US$70 million grant for Burkina Faso
The World Bank has approved a grant of US$70mn to the West African nation of Burkina Faso in an attempt to help the country promote its economic growth and competitiveness
