News & Insights

Treasury Bills Rates Drop to Three-year Low

Monthly Archives: November 2019

AfDB Group Becomes AFC Shareholder

The Africa Finance Corporation (AFC) yesterday announced that the African Development Bank Group (AfDB) has invested $50 million in the equity of the corporation. AfDB’s investment in the AFC would enable both institutions to accelerate infrastructure development and delivery on the continent by deepening co-financing opportunities, joint implementation, knowledge transfer […]

AfDB Board Approves Special Fund

The African Development Bank’s Board of Governors has approved the conversion of the Bank’s administered multi-donor trust fund SEFA into a “special fund.” The initiative is to amplify its development impact by allowing it to access a wider range of financial instruments beyond the current scope of technical assistance. The […]