The African Development Bank is faced with its toughest fundraising experience in decades as it embarks on a spirited campaign to raise $25 billion in funding for concessional lending. At their ...

South Africa is reviewing the main reference rate commercial banks use to price trillions of rands of loans to clients.

Newly sworn-in President of the African Export-Import Bank, Dr. George Elombi, has expressed reservation about the concessional lending to African countries, warning that such loans carry hidden costs ...

South Africa is reviewing the main reference rate commercial banks use to price trillions of rand of loans to clients.

JOHANNESBURG (Reuters) - Unemployed South African construction worker Daniel isn't sure how he fell so deeply in debt. All he knows is that African Bank Investments, which was bailed out this month, ...

The African Development Bank’s concessional financing arm mobilized a record $11 billion in its 17th replenishment, an amount the multilateral lender said signals confidence in the continent’s ...

JOHANNESBURG, Dec 4 (Reuters) - The African Development Bank plans $1.78 billion of financing for Namibia over the next few years, backing projects in sectors such as transport, energy and water, a ...

Among the largest projects funded through such mortgage-style financing was a US$998 million lifeline for the expansion of Hwange Thermal Power Station. The African Development Bank (AfDB) has issued ...