Earmarks over US $900-million support package to support Rwanda’s economic transformation 23/11/2016/AfDB The African Development Bank (AfDB) will support Rwanda’s economic transformation by boosting inclusive private sector-led growth and creating higher value-added formal employment with an indicative financing package estimated at US $939.4 million over a five-year period. This support […]
Updates
ADEA gears for the Continental Validation Meeting in Egypt prior to its 2017 Triennale in Morocco
23/11/2016/AfDB The Association for the Development of Education in Africa (ADEA) held the 2017 Triennale Continental Validation Meeting in Cairo, Egypt, from November 22 to 23, 2016. The meeting was held under the invitation of His Excellency Prof. Dr. Ashraf El Shihy, Minister for Higher Education and Scientific Research of […]
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 […]
