Updates

AfDB approves US $75-million financial package to complement Diamond Trust Bank Kenya Limited’s funding to enterprises in East Africa

23/11/2016/AfDB The Board of Directors of the African Development Bank has approved a US $75-million financial package comprising US $50-million Line of credit and US $25-million Subordinated Debt to Diamond Trust Bank Kenya Limited. The funding is aimed at supporting SMEs and emerging corporates in East Africa. The LoC will […]

PIDA Week 2016 opens with calls for accelerated job creation through infrastructure development for Africa’s transformation

23/11/2016/AfDB Africa has to provide employment opportunities for its youth if it is to harness their potential and contribute to the desired economic growth outlined in the vision of Agenda 2063. The call was made by officials from the African Union (AU), the NEPAD Agency and the African Development Bank […]

Commercial legal practice in Africa: ALSF concludes Stakeholder Forum

23/11/2016/AfDB Stakeholders working in development and law met in Abidjan, Côte d’Ivoire, from November 21-22, 2016 to discuss the role of the African Legal Support Facility (ALSF) within the context of the broader development agenda; and, in particular the linkages between Africa’s development priorities and commercial legal practice. Convened by […]