Latest News Development Bank

Agribusiness

31/01/2024 at 17h46, by Africa Business+

EBRD supports Egyptian microfinance subsidiary of EFG Hermes 

Tanmeyah, acquired by Egypt’s leading private financial group in 2016, will receive a loan, one focused...

Development Bank

30/01/2024 at 09h26, by Africa Business+

Joliba Capital Fund I completes first closing 

Find out more about the amount raised and the new investors involved.

Consumer goods

29/01/2024 at 18h43, by Africa Business+

EBRD funds Turkish group Koç Holding’s first home appliance factory in Egypt

Arçelik, a subsidiary of Koç Holding known for its Beko brand, is about to open an industrial plant...

Agribusiness

24/01/2024 at 15h45, by Africa Business+

Zambia Industrial Commercial Bank finds support in Europe

The EIB is expanding its activities in Zambia by supporting loans in the agricultural and agri-food...

Development Bank

18/01/2024 at 15h30, by Africa Business+

Hassan Alam: EBRD to support megapark wind project led by ACWA Power

The pan-European financial institution will provide capital to the Netherlands-based subsidiary of the...

Bank & Insurance

15/01/2024 at 17h31, by Africa Business+

APIS continues to fill its Fund III with fintechs

The new vehicle, targeting $500 million, has secured a commitment from British International Investment....

Development Bank

12/01/2024 at 16h19, by Africa Business+

Uganda Telecom embarks on rural infrastructure expansion after financial upheaval

The group, which has returned to 100% public ownership, will install over 650 towers in areas with little...

Development Bank

11/01/2024 at 17h28, by Africa Business+

AIIB targets Rwanda for $100m in electricity support

The Asian Infrastructure Investment Bank (AIIB) was set up at China’s initiative as an alternative financing...

Construction & Infrastructure

10/01/2024 at 14h43, by Africa Business+

Senegal: new $48m road contract for Compagnie Sahélienne d’Entreprises

Oumar Sow’s public works group has beaten five Chinese operators to the punch in a contract to build...

Capital Market & Private Equity

09/01/2024 at 16h59, by Africa Business+

Cofina’s Jean-Luc Konan continues to attract international financing

After the European Union and Spain, the pan-African microfinance operator has received backing from...

Agribusiness

06/01/2024 at 15h07, by Africa Business+

Tanger Med €450m extension to TIR truck terminal supported by IFC, JP Morgan Chase and MIGA

The project, which includes dykes and an embankment reclaimed from the sea, will be financed in part...

Development Bank

22/12/2023 at 14h38, by Africa Business+

After CIB and aiBANK, pan-European institution now backs National Bank of Egypt

The country’s leading financial operator is securing loans from the EBRD at a tense time for the Egyptian...

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