World News

AfDB becomes a shareholder in Africa Finance Corporation2

November 13, 2019/AfDB Shareholding follows investment of $50 million in AFC’s equity by Bank Group; African Development Bank (https://www.AfDB.org) becomes second investment-grade Supranational Finance Institution to join and invest in AFC. Africa Finance Corporation (AFC), a leading infrastructure solutions provider in Africa, today announces that the African Development Bank Group, […]

2019 Africa Visa Openness Index: AU, AfDB Report Shows Wins in Visa Restrictions across Africa

November 11, 2019/AfDB For the first time, on average, Africans can travel to approximately 27 countries visa-free or with a visa on arrival; Ethiopia moves up a record 32 places on the Index, entering the top 20 most visa-open countries in Africa. Dowload report: https://bit.ly/2rwlzQ9 For the first time, African travellers […]

African Risk Capacity Insurance Issues Cheque for FCFA 442,824,819.30 to Côte d’Ivoire

November 10, 2019/ARC The African Risk Capacity Insurance Limited (ARC Ltd) has handed a cheque for FCFA 442,824,819.30 (equivalent of US$738,539.88) to the Government of the Republic of Côte d’Ivoire to provide rapid assistance to vulnerable population in the Central Region of the country following severe rainfall deficits in the […]