The facility will catalyze more than $200 million of trade finance transactions across several sectors, including agriculture, manufacturing, and energy December 8, 2023/AfDB The African Development Bank has signed a $20 million Trade Finance Facility Agreement with FSDH Merchant Bank to support small- and medium-sized businesses in Nigeria’s industrial and […]
Business News
COP28: AfDB President Invites Business Leaders to Invest in Africa to Accelerate Decarbonization
Africa is a very reliable destination for investment,” since the continent has a “dominant position in terms of green metals, the critical metals that will support storage and energy systems December 7, 2023/AfDB The President of the African Development Bank, Akinwumi Adesina, called on African business leaders to take advantage […]
Youth-Led African Enterprises Awarded $800,000 at COP28 for Climate Solutions
They will also receive a comprehensive mentorship and coaching as part of a 12-month accelerator program December 5, 2023/AfDB Eight dynamic African young women-led businesses emerged as winners of the 2023 YouthAdapt challenge. Each business will receive grant funding of up to $100,000. They will also receive a comprehensive mentorship […]
