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African Development Bank working with AU, ECA, Afreximbank to boost intra-African trade

Bank proud of Afreximbank’s achievements as a strategic partner in trade finance Abidjan, Côte d’Ivoire, 16 July 2018 – The African Export-Import Bank (Afreximbank) has become a reputable and solid regional development finance institution, meeting significant financing needs in trade development and trade finance in Africa, says President of the African Development Bank, Akinwumi Adesina. Afreximbank is one of …

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Credit to private sector to grow by 13% in 2018

  Rwanda’s financial sector is expected to increase lending to the private sector with the National Bank of Rwanda predicting a 13 per cent growth (in credit to the private sector) in 2018. According to the Monetary Policy and Financial Stability Statement released yesterday by the central bank, the bank …

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Japan provides US $700 million to African Development Fund

Abidjan, Côte d’Ivoire, February 13, 2018 – The Japan International Cooperation Agency (JICA) has signed a loan agreement with the African Development Fund (ADF) designed to provide an Official Development Assistance (ODA) loan to the tune of 73.601 billion Japanese Yen (approx. US $700.9 million). The loan is part of …

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African Development Bank President briefs diplomatic corps in Côte d’Ivoire on progress and perspectives for Africa’s development

Adesina calls for strong support to the Bank’s General Capital Increase The President of the African Development Bank Group, Akinwumi Adesina, hosted the annual luncheon of diplomats accredited to Côte d’Ivoire in Abidjan on Tuesday with an appeal on the Bank’s member countries to contribute to the 7th General Capital Increase …

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