Latest News for: African private banking

Edit

FAPA launches franchising project to bolster small enterprises in Tanzania

Algeria Times 27 Jul 2021
The Fund for African Private Sector Assistance (FAPA), launched its Africa Franchise ... FAPA, a multi-donor trust fund that finances technical assistance to advance the African Development Bank’s private sector development strategy, provided a $799,800 grant for the project.
Edit

Digital skills acquisition: FG, UNICEF targets 20m Nigerian youths

Business Day Online 27 Jul 2021
In line with its job creation agenda, the Federal Government has over the past few months engaged multilateral agencies and the private sector in creating special opportunities for young Nigerians ... GenU Nigeria has a wide range of Development Partners including the African Development Bank, GIZ, ILO, UNDP, USAID, and private sector organisations.
Edit

Proparco, Ecobank increase support for MSMEs

B & FT Online 26 Jul 2021
Proparco, AFD Group’s private sector financing arm, and Ecobank Ghana, an affiliate of the Pan-African Banking Group, Ecobank Transnational Incorporated (ETI), have signed a partnership agreement aimed at increasing access to finance for MSMEs in Ghana ... As a Pan-African bank, we ...
Edit

Business adding speed to vaccination roll-out plan

Independent online (SA) 26 Jul 2021
B4SA chairperson Martin Kingston said the private sector had been doing its part to ramp-up the daily vaccination rate ... The South African Reserve Bank last week said that disruptions to the supply of vaccines and a protracted lockdown posed downward risks to economic growth, although it maintained its forecast of 4.2 percent growth for this year.
Edit

Investec eyes LBO financing in India expecting big growth

Live Mint 25 Jul 2021
Anglo-South African bank Investec expects the opportunity in leveraged buy-out (LBO) to grow significantly in India as the private equity (PE) market deepens and PE funds look to deploy record sums of capital they have raised ... The bank has underwritten over ₹8,000 crore of onshore and offshore private financing towards mid-market businesses.
Edit

US urges development banks to help climate fight

Gulf News 23 Jul 2021
The Treasury said in a statement that Yellen, White House climate envoy John Kerry and the heads of the major development banks discussed ways to “maximize” private capital for climate change finance and re-evaluate the banks’ internal incentives and practices toward that end.
Edit

U.S. Treasury's Yellen tells development banks to mobilize private capital for climate fight

Reuters 23 Jul 2021
The Treasury said in a statement that Yellen, White House climate envoy John Kerry and the heads of the major development banks discussed ways to "maximize" private capital for climate change finance and re-evaluate the banks' internal incentives and practices toward that end.
Edit

Proparco and Ecobank increase support for MSMES in Ghana

Business Ghana 23 Jul 2021
Proparco, AFD Group’s private sector financing arm, and Ecobank Ghana, an affiliate of the Pan-African Banking Group, Ecobank Transnational Incorporated (ETI), have today signed a partnership agreement aimed at increasing access to finance for MSMEs in Ghana ... As a Pan-African ...
Edit

Government of Ethiopia selects lifestock insurance promoted by Ayuda en Acción as an innovative solution to hunger

Reliefweb 23 Jul 2021
Madrid, July 23, 2021 ... More than 10,000 pastoralist families have already benefited from this innovative tool to ... The process involved high-level officials from federal ministries, regional governments, ILRI, UN agencies, the World Bank, the African Development Bank, USAID, NGOs, the private sector and academic institutions ... .
Edit

Government of Ethiopia selects Ayuda en Acción's livestock insurance as an innovative solution to hunger

Reliefweb 23 Jul 2021
A satellite-based warning system and the measurement of climate indices enable families to act in time to prevent the loss of livestock ... The process involved high-level officials from federal ministries, regional governments, UN agencies, the World Bank, the African Development Bank, USAID, NGOs, the private sector and academic institutions ... Tigray ... .
Edit

Cocoa: Highest production in history attained with over 1 million tonnes achieved

Ghana Web 23 Jul 2021
1,030,000 metric tonnes ... This figure is expected to be higher by the close of the season ... The irrigation pilot project is part of activities under the $600 million syndicated loan from Japan International Cooperation Agency (JICA) and the African Development Bank under the Enhanced Private Sector Assistance for Africa initiative ... .
Edit

COCOA: Highest production in history attained with over 1m tonnes achieved with 10 weeks to end season

Ghana Web 23 Jul 2021
1,030,000 metric tonnes ... This figure is expected to be higher by the close of the season ... The irrigation pilot project is part of activities under the $600 million syndicated loan from Japan International Cooperation Agency (JICA) and the African Development Bank under the Enhanced Private Sector Assistance for Africa initiative ... .
Edit

Ecobank Ghana and Proparco sign ¢50 million agreement to help MSMEs recover from covid-19 pandemic

Joy Online 22 Jul 2021
Ecobank Ghana, an affiliate of the Pan-African Banking Group, Ecobank Transnational Incorporated (ETI) and Proparco, AFD Group’s private sector financing arm have signed a ¢50 million partnership agreement to support Micro, Small and Medium enterprises (MSMEs) recover swiftly from the effects of Covid-19.
Edit

EJB announces African Junior Business Initiative at IPAs Africa Forum

Egypt Independent 21 Jul 2021
Additionally, the delegation met with Tarek Ammar, an expert in private sector projects at the African Development Bank, where they agreed to meet with EJB representatives at the earliest opportunity to discuss the possibility of helping Egyptian companies expand in African countries.
Edit

Close partnership between India and Africa could improve the welfare of 2.5 billion

Sierra Leone Telegraph 20 Jul 2021
During a panel discussion, Solomon Quaynor, African Development Bank Group Vice President for Private Sector, Infrastructure and Industrialization, said an infrastructure-led recovery from the pandemic is critical for Africa; he added that the Bank is ready to partner with Indian firms to transform Africa’s healthcare.
×