Latest News

View all
African Development Bank supports agro industrial park in Ethiopia with $118 million grant
Jul 22, 2021

The African Development Bank Group has signed two separate grant agreements with the Government of Ethiopia. The $118 million grant will support new projects …

African Development Bank supports Equity Group Holdings expansion with $100mn loan
Mar 23, 2021

For the development of financial services in Kenya, the African Development Bank has signed a $100 million loan agreement with Equity Group Holdings (EGH). …

The World Bank provides $700mn to Angola for sustainable growth
Mar 16, 2021

As a part of sustainable development, the World Bank has approved a $700 million Development Policy Operation (DPO) to Angola. This DPO will bolster …

IFC supports Pasabahce Egypt to accelerate Glass Production, and create new Jobs
Feb 16, 2021

To accelerate glass manufacturing, the World Bank Group member IFC announced a financing package for Pasabahce Egypt. The financing will help the company boost …

IFC invests $5.6 billion for Private Sector Development in sub-Saharan Africa & Middle East region
Jul 22, 2020

The World Bank Group member International Finance Corporation (IFC) committed $5.6 billion to private sector development in the Middle East and sub-Saharan Africa region …

News By Sector

African Development Bank supports agro industrial park in Ethiopia with $118 million grant

The African Development Bank Group has signed two separate grant agreements with the Government of Ethiopia. The $118 …

Posted On Jul 22, 2021

read more...
African Development Bank supports Equity Group Holdings expansion with $100mn loan

For the development of financial services in Kenya, the African Development Bank has signed a $100 million loan …

Posted On Mar 23, 2021

read more...
The World Bank provides $700mn to Angola for sustainable growth

As a part of sustainable development, the World Bank has approved a $700 million Development Policy Operation (DPO) …

Posted On Mar 16, 2021

read more...
IFC supports Pasabahce Egypt to accelerate Glass Production, and create new Jobs

To accelerate glass manufacturing, the World Bank Group member IFC announced a financing package for Pasabahce Egypt. The …

Posted On Feb 16, 2021

read more...
IFC invests $5.6 billion for Private Sector Development in sub-Saharan Africa & Middle East region

The World Bank Group member International Finance Corporation (IFC) committed $5.6 billion to private sector development in the …

Posted On Jul 22, 2020

read more...
New FDI Law to attract investments in UAE

Amid the Coronavirus (COVID-19) pandemic, UAE has announced sectors and economic activities (the Positive List) in which increased …

Posted On Apr 20, 2020

read more...