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Vice President Quaynor leads African Development Bank mission to India to strengthen business ties

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LIBREVILLE,  September 17 (Infosplusgabon) - An African Development Bank  delegation led by Vice President Solomon Quaynor has concluded a four-day official visit to India to explore investment and trade opportunities and partnerships between Africa and India in pharmaceuticals, agriculture, and technology. During the mission, which took in the cities of New Delhi, Gurgaon and Faridabad, Quaynor, the Bank’s Vice President for Private Sector, Infrastructure, and Industrialisation positioned the Bank as a potential partner to India’s private sector in the areas of project financing and de-risking initiatives, among others. He also promoted the Africa Investment Forum as a platform offering access to unparalleled investments across the continent.

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African Development Bank provides US$ 102.79 million to support farmers through climate resilient Special Agro-Industrial Processing Zones infrastructure in Guinea, Senegal, and Togo

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LIBREVILLE, September 16 (Infosplusgabon) - The Board of Directors of the African Development Bank Group (“ADB”) approved $102.79 million for the Multinational (Guinea, Senegal and Togo) Promotion of Sustainable Agricultural Value Chains in Special Agro-Industrial Processing Zones Program which fosters sustainable agricultural value chains around agro-industrial processing zones (SAVC-SAPZ).

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EGYPT : Afreximbank and Uganda Development Bank sign project preparation financing agreement

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LIBREVILLE, August 12 (Infosplusgabon)-African Export-Import Bank (Afreximbank) and the Uganda Development Bank (UDB) have signed a Joint Project Preparation Facility Framework Agreement to provide early project preparatory financing and technical support services to public and private sector entities. This is aimed at boosting Uganda’s industrialization and export development activities.

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Afreximbank to double intra-African trade financing to $40 billion by 2026

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LIBREVILLE, August 12 (Infosplusgabon) - African Export-Import Bank (Afreximbank)plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026, Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank, has said.

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Afreximbank to double intra-African trade financing to $40 billion by 2026

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LIBREVILLE, August 12 (Infosplusgabon) - African Export-Import Bank (Afreximbank)plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026, Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank, has said.

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