Banking & Finance

AfDB and govt of Ethiopia join hands to boost electricity trade and youth employment

AdobeStock 321002125African Development Bank Group (AfDB) and the government of Ethiopia have entered into an agreement to initiate projects related to youth employment, and electricity trade between Ethiopia and Djibouti

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Fitch affirms Triple A-rating of the African Development Bank, Outlook stable

creditscoreGlobal credit rating agency Fitch Ratings has affirmed the African Development Bank’s (AfDB) credit rating at ‘AAA’, with a stable outlook

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Venture capital investments in Africa soared in 2020

AdobeStock 253663256The new African Private Equity and Venture Capital Association (AVCA) report has revealed that the volume of total venture capital deals in Africa has increased from 140 in 2019, to 319 in 2020

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New AGRF platform links Africa’s SMEs to investment opportunity

agriculturefieldThe African Development Bank’s incoming vice-president for Agriculture, Human and Social Development, Dr Beth Dunford, and director for Agricultural Finance and Rural Infrastructure Development Atsuko Toda have joined development leaders online to launch this year’s African Green Revolution Forum (AGRF) Agribusiness Deal Room

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Ecobank Group wins ‘2021 African SME Bank of the Year’ award

AdobeStock 306719380The Ecobank Group has won '2021 African SME Bank of the Year' award, for its significant contribution to the development of the SME sector during the coronavirus outbreak last year

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