AfDB doubles its climate finance commitments to US$25bn within 2020-2025

AfDB doubles its climate finance commitments to US$25bn within 2020-2025

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AFRICA – The African Development Bank (AfDB) announced that it will double its climate finance commitments for the period 2020-2025 to at least US$25 billion. The announcement was made by Akinwumi A. Adesina, the Bank’s President during the One Planet Summit in…

CDC opens offices in Kenya and Nigeria to increase investments

CDC opens offices in Kenya and Nigeria to increase investments

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AFRICA – The United Kingdom’s government-owned development finance institution, commonwealth Development Corporation (CDC), has opened offices in Kenya and Nigeria as part of its strategy trade ties with African countries. According to Nick O’Donohoe, chief executive of the CDC Group, the new…