The Director of the African Development Bank’s Climate Change and Green Growth Department, Prof. Anthony Nyong recently received a delegation from Global Affairs Canada’s Cooperation for Pan-African and Regional Development Program in Cote D’Ivoire. The delegation, led by Mrs. Lara Bremner, Head of the Program, was in Abidjan as part of its engagement with key…
The Fund for Export Development in Africa (FEDA), the development impact-focused subsidiary of African Export-Import Bank (Afreximbank) has announced the accession of the Gabonese Republic and the Republic of Sierra Leone to the Fund through their recent respective signing of the FEDA Establishment Agreement. FEDA described the accession by the two countries as a significant…
African Export-Import Bank (Afreximbank) has announced its receipt of seven awards at the Bonds, Loans & ESG Capital Markets Africa Awards 2023 across the transactional and house categories. Afreximbank’s success at this year’s awards reflects the Bank’s increasingly well-established leadership position in the loan and debt capital markets on the continent across the main industry…
1. Know thyself. You are the most important entity in the business. No one else sowed the seed of the business other than you. The success of the business is your gain, and the failure your loss and shame. In selecting the seed of business to sow, consider who you are in terms of temperament,…
On the occasion of its Annual Meetings, to be held from 22 to 26 May 2023 in Sharm el Sheikh, Egypt, the African Development Bank Group plans to highlight the role that multilateral development banks could play in building a new development architecture beyond the financial. The importance of this subject stems from the fact…
The Board of Governors of the ECOWAS Bank for Investment and Development (EBID), comprising the Ministers of Finance and / or Economic Planning of the fifteen ECOWAS member states, has unanimously re-appointed Dr George Agyekum Nana Donkor as President of the Bank for the second term of five years beginning February 1, 2024. The appointment…
The African Development Bank Group has today announced the 13-month debarment of Société Bel Mabrouk Des Travaux et Investissements S.A.R.L with effect from 11 April 2023. Société Bel Mabrouk Des Travaux et Investissements S.A.R.L is a limited liability company registered under the laws of Tunisia. According to the African Development Bank, an investigation conducted by…
African Banker magazine has announced the shortlist of nominees for this year’s edition of its African Banker Awards. The 2023 edition of the Awards ceremony is set to spotlight SMEs, women and gender; A new category has been introduced to recognize efforts towards bolstering financial inclusion of women across the continent Since their inception…
As global financial institutions continue to reduce or eliminate fossil fuel lending, emerging producers like Namibia are seeking to drive local and regional financial participation in capital-intensive projects and trade infrastructure. A finance-focused panel at the 2023 Namibia International Energy Conference explored new pathways to financing and developing capital-intensive African energy and infrastructure projects. Under…
The 20 years between 1985 and 2005, especially the 90s in between, must pass as the most consequential years in the history of modern-day Banking in Nigeria. It was during those years that Banking, as it used to be, was fundamentally redefined, with the institution, held back by traditional approach to book-keeping and sluggish…
