"The Bank’s Strategy for 2013-2022 aims to improve the quality of Africa’s growth and is built around two objectives. The first is to achieve growth that is more inclusive, leading not just to equality of treatment and opportunity but to deep reductions in poverty and a correspondingly...
"KINGSTON, Jamaica (CMC) – The Inter-American Development Bank (IDB) says it has hosted the first meeting of the multilateral development banks (MDB) working group on the cultural and creative industries (CCI), also known as the Orange Economy, in Latin America and the Caribbean. The IDB said...
"A Nordic Development Fund (NDF) grant will support a new fund to help African cities plan climate-resilient urban infrastructure development NDF’s Board of Directors has approved an EUR 4 million grant for the Urban & Municipal Development Fund for Africa (UMDF), a project preparatory fund to be...
"Sweden’s Ambassador to Zambia Henrik Cederin signed four contracts last Friday with companies offering a variety of rural energy solutions, marking the start of operations of the Power Africa: Beyond the Grid Fund for Zambia (BGFZ). The USD25m Fund, which is financed by the Swedish...
"The European Association of Public Banks, together with four other European banking associations (EBF, EACB, EMF-ECBC and ESBG), presented today a set of high-level principles regarding the communication between SMEs and banks around loan applications. The principles, developed in discussions with European SME organisations, aim at promoting high quality feedback on credit applications,...
"Donors from Canada, Germany, UK and Spain have called on other countries to join them in increasing financial contributions to support infrastructure project preparation in Africa so as to accelerate Africa’s transformation and increased socio-economic development through enhanced infrastructure connectivity. They observed that Africa’s regional...
"Chancellor Angela Merkel has declared herself satisfied with the outcome of the G20 summit. In the field of trade, she reported at the close of the summit in Hamburg, agreement was reached that markets must be kept open. The major industrialised states and emerging economies...
"Norway’s state-run development fund, Norfund, is finding the fattest returns in Africa are in the financial industry. The $2 billion fund, which is more and more concentrating its investments in sub-Saharan Africa, placed more than half its new capital last year in financial institutions. That focus...
"MANILA, PHILIPPINES (3 July 2017) — The Asian Development Bank (ADB) is ready to assist the Philippine government to deliver on its ambitious Build, Build, Build infrastructure program, including a $100 million loan to fast track priority projects in transport and water system management, ADB...
"Donors from Canada, Germany, UK and Spain have called on other countries to join them in increasing financial contributions to support infrastructure project preparation in Africa so as to accelerate Africa’s transformation and increased socio-economic development through enhanced infrastructure connectivity. They observed that Africa’s regional...