The African Development Bank alongside Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), African Trade Insurance Agency (ATI) and GuarantCo, on Wednesday entered into a Memorandum of.
The board of the African Development Bank (AfDB) has approved a loan worth 75 million euros and a donation of one million euros for Tunisia to fund the first phase.
Egypt has received the third and last $500 million tranche of a $1.5 billion African Development Bank loan which will support the government’s development programmes, the investment ministry said on.
The African Development Bank has called on global partners to join hands to lift one billion people worldwide out of hunger and said it was leading the way by investing.
The African Development Bank (AFDB) will lend Tunisia between $1.5 billion and $2 billion over the next five years, the bank’s North Africa director Jacob Kolster said on Wednesday. Kolster.
Nigeria’s Vice-President Yemi Osinbajo, on Thursday, explained that the current administration decided to invest heavily in infrastructure because it is convinced the effort would translate into economic growth for the country..
