AfDB, EIB Plan $70m Investment in DBN The European Investment Bank (EIB) and the African Development Bank(AfDB) have agreed to support the creation of the new Development Bank of Nigeria(DBN) to strengthen lending for business and agriculture investment in the country. The European Investment Bank...

AfDB Approves $50m to Address Africa’s Trade Finance The Board of Directors, African Development Bank (AfDB) has approved $50 million (Fifty Million Dollars) unfunded Risk Participation Agreement for Commerzbank to address Africa’s trade finance market. The bank  made the announcement  in a statement signed by its...