Tag: AfDB

AfDB backs billion-dollar aviation push as Africa becomes fastest-growing market

AfDB launches billion-dollar program to boost Africa’s aviation and attract long-term investment.

Omokolade Ajayi Omokolade Ajayi

AfDB approves $60 million trade facility for Equity Bank to support SMEs

At a Glance The African Development Bank Group has approved a $60 million trade finance facility for Equity Bank Kenya, stepping up support for small and medium-sized enterprises as access to credit remains strained across East Africa.  For many Kenyan businesses, especially import-dependent SMEs, higher global prices, currency swings and tighter lending conditions have made it harder to finance day-to-day…

Oluwatosin Alao Oluwatosin Alao

Top 10 fastest-growing economies in Africa

Africa leads global growth in 2024 with nations driving expansion through infrastructure, reforms, and rising private consumption.

Feyisayo Ajayi Feyisayo Ajayi