Latest News Development Bank

Development Bank

20/12/2023 at 16h54, by Pierre-Olivier Rouaud

Dakar BRT: Proparco/EAIF financing advised by Hogan Lovells’ Olivier Fille-Lambie and Bruno Cantier

The exclusive urban transport project, run by Meridiam and Senegal’s wealth fund Fonsis, has collected...

Development Bank

19/12/2023 at 19h36, by Pierre-Olivier Rouaud

Institut Pasteur de Dakar: IFC provides key support for Diamniadio vaccination facility

Two and a half years after it was launched, the $250 million Dakar vaccine factory with a continental...

Development Bank

19/12/2023 at 16h30, by Africa Business+

Development Bank of Rwanda gets €20m to support green transition

Rwanda’s local banking establishment is stepping up its initiatives to position itself as a key financial...

Commercial banking

15/12/2023 at 17h26, by Africa Business+

EDF and TotalEnergies start to organise after Mozambique mega-dam victory

The French groups will team up with Japanese giant Sumitomo Corporation to build the Mphanda Nkuwa Dam....

Agri-food industry

14/12/2023 at 11h42, by Africa Business+

Agribusiness

13/12/2023 at 17h48, by Africa Business+

EFG Hermes’ bridgehead in retail banking, aiBANK, receives EBRD support

The bank, privatised at the end of 2021, will benefit from €35 million in loans.

Development Bank

12/12/2023 at 15h56, by Pierre-Olivier Rouaud

Aqua Expeditions seeks $45m for luxury cruises in East Africa

The Singapore-based company, which already operates in the Amazon, Mekong and Bali, is looking to expand...

Commercial banking

11/12/2023 at 16h34, by Africa Business+

Côte d’Ivoire: NSIA Banque CI and Teyliom’s Bridge Bank receive support to strengthen SMEs

Together with two Ghanaian banks, Republic Bank and HFC, they will benefit from an $85 million IFC package...

Agribusiness

11/12/2023 at 15h35, by Africa Business+

Tunisia: Olive oil trader, COGIA, secures working capital with external financing 

The subsidiary of the Emirati group IFFCO (part of the Allana conglomerate) has secured a €12 million...

Commercial banking

08/12/2023 at 16h29, by Africa Business+

Ethiopia: Zemen Bank ready to invest in multilateral trade finance programme

The Addis Ababa-based bank is negotiating with the International Finance Corporation (IFC) for financing...

Consumer goods

07/12/2023 at 16h45, by Africa Business+

Riaya Industries gets EBRD development loan in dirham

Morocco’s leading manufacturer of tissue hygiene products is expanding its industrial and logistics...

Commercial banking

06/12/2023 at 18h56, by Africa Business+

Ruth Zaipuna’s NMB Bank wins IFC backing for Tanzania’s first sustainability bond

The bond, first listed on 25 September, totals $400 million and is denominated in US dollars and shillings....

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