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African Development Bank and Trade and Development Bank (TDB) Group strengthen trade finance partnership through a Trade Finance Unfunded Risk Participation Agreement
The African Development Bank Group and the Eastern and Southern African Trade and Development Bank (TDB Group) have signed an agreement for a $150 million Trade Finance Unfunded Risk Participation …
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African Development Bank (AfDB), Development Bank of Southern Africa (DBSA) and institutional investors sign agreement for new African multi-originator synthetic securitization platform
The African Development Bank Group, together with the Development Bank of Southern Africa (DBSA) and key institutional investors Academy Securities, Africa50, and Newmarket, signed a Letter of Intent to explore …
Global digital agency DEPT has appointed David Neal as its new Global Chief Financial Officer (CFO). In this role, Neal will bring together the global finance and operations team, driving …
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The African Energy Chamber (AEC) Supports Africa Energy Bank, Bridging Africa’s Energy Financing Gap
Launched by the African Export-Import Bank (Afreximbank) in partnership with the African Petroleum Producers’ Organization (APPO), the Africa Energy Bank – set to commence operations by March 2025 – represents …
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African Development Bank Accelerates Private Sector Support with Initial Disbursement of USD 1 Billion Loan to Transnet
The African Development Bank has released the first tranche of its $1 billion loan to Transnet, the South African state-owned conglomerate managing the country’s ports, railways and pipelines. This disbursement …
Concert Group has promoted Scott Stosek to the newly-created positions of director of finance, Concert Group and chief financial officer of Harmony Re, the company’s risk retention platform. Stosek, who …
SACE, the Italian insurance-financial group specializing in supporting businesses and the national economic system under the Ministry of Economy and Finance, and the African Development Bank Group, today signed a …
The Africa Investment Forum kicked off its 2024 Market Days in Rabat, Morocco, with leaders highlighting the continent’s bankability and readiness for investment. In her welcoming remarks, Morocco’s Minister of …
International Motors has appointed Samara Strycker as executive vice president and chief financial officer. She succeeds Do Young (DY) Kim, who was announced as the executive vice president and CFO …
