Abu Dhabi Fund for Development hosts the 91st ACG meeting on the sidelines of COP28 December 5, 2023/IsDB Group The Arab Coordination Group (ACG), a strategic alliance comprising regional and international development institutions, announced today at COP28) an allocation of US$10 billion until 2030. This funding is meant to drive […]

December 5, 2023/DLM Capital The credit ratings of Development Investment Bank, DLM Capital Group, has been upgraded by DataPro and Agusto, following an improvement in the Group’s credit risk and liquidity risk management. DLM Capital Group had its “A” rating upgraded to “A+” in October 2023 by DataPro with a […]

The financing agreement with AfDB will enable AFC to mobilise additional resources towards continued development of infrastructure projects in its focus sectors December 5, 2023/AFC Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the continent, announced that it has signed a US$350 million long-term line of credit with […]