COP30: The African Development Bank Highlights the essential role of climate finance for conflict-affected countries
The African Development Bank Group is playing a key role in supporting conflict-affected countries facing climate disruptions, Bank officials emphasised during a COP30 panel discussion on 12 November in Belém.
ICIEC and Afreximbank Forge Strategic Partnership to Boost Arab–Africa Trade and Investment
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and member of the Islamic Development Bank Group, and African Export‑Import Bank (Afreximbank) are pleased to announce the signing of a memorandum of understanding (MoU) to strengthen their cooperation in promoting trade and investment flows across Arab and African countries.
African Union Commissioner Outlines US$30 Billion Infrastructure Investment Plan at Luanda Summit, Prioritizing SAATM Modernization
At the III Financing Summit for Africa’s Infrastructure Development, H.E. Lerato D. Mataboge, African Union Commissioner for Infrastructure and Energy, announced an ambitious US$30 billion investment plan to modernize the continent’s aviation infrastructure under the Single African Air Transport Market (SAATM). Speaking during the high-level session on Financing and Modernizing African Civil Aviation Infrastructure to Promote Integrated Continental Airspace and Enable Free Movement Under SAATM, the Commissioner emphasized aviation’s pivotal role as both an engine of integration and a cornerstone of Africa’s economic transformation.
African Development Bank’s $211.4 million investment to enhance agriculture and create jobs in Eastern Angola
The African Development Bank Group has approved a $211.4 million financing package to boost agricultural production and create thousands of jobs in eastern Angola.
The Eastern Region Agricultural Value Chain Development Project aims to transform the area into a major food hub for Angola and neighbouring countries, leveraging its strategic position along the Lobito Corridor economic zone.
African Development Bank Group grants $100 million loan to Emerging Africa and Asia Infrastructure Fund (EAAIF) to support development of sustainable infrastructure
The African Development Bank Group is boosting sustainable infrastructure development across Africa through a new $100 million loan to the Emerging Africa and Asia Infrastructure Fund (EAAIF). The financing, approved by the Board of Directors, will help the Fund attract private investment and support projects in renewable energy, digital connectivity, transport and other key sectors that promote inclusive growth and climate resilience.
FEDA Announces Landmark Investment in A2MP to Drive Africa’s Mining and Industrial Transformation
Kigali, Rwanda 12 November 2025: The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of African Export-Import Bank (Afreximbank), is pleased to announce a US$300 million strategic investment in the Africa Minerals and Metals Processing Platform (A2MP).
FEDA Announces Strategic Investment in Spiro to Accelerate Africa’s Electric Mobility Transition
Kigali, Rwanda, 10 November 2025: The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of African Export-Import Bank (Afreximbank), has announced a $75 million investment in Spiro, the leading electric two-wheel assembler in Africa with the fastest growing battery swapping infrastructure. This investment is fully aligned with Afreximbank’s broader automotive strategy, to develop integrated manufacturing ecosystems by fostering strategic partnerships across the entire value chain, from technology providers to local industrial champions.
Fifth AU-UN High Level Strategic Dialogue: Leaders Discuss Collaborative Strategies for Achieving Sustainable Development
H.E. Amb. Selma Malika Haddadi, Deputy Chairperson of the African Union Commission (AUC), and H.E. Amina Mohammed, Deputy Secretary-General of the United Nations (UN) addressed participants as co-chairs of the Fifth AU-UN High Level Strategic Dialogue on Sustainable Development which took place on November 10, 2025, at the UN headquarters.
IFAD and BF S.p.A., Italy’s leading agri-industrial group, join forces to promote sustainable and inclusive agriculture in Africa
The International Fund for Agricultural Development (IFAD) and BF S.p.A., Italy’s largest listed agri-industrial group, have signed a Letter of Intent to explore opportunities for collaboration aimed at supporting sustainable agricultural development in developing countries, with a particular focus on Africa.
Germany commits 49 million euros (82 billion naira) to support ECOWAS in strengthening peace, economic development, health and security in west Africa
Germany and the Economic Community of West African States (ECOWAS) have reaffirmed their long-standing partnership with renewed commitment to deepen their cooperation in promoting peace, security, good governance, sustainable economic development, and institutional strengthening. To this end, the German Government is committing 49 million Euros (82 billion Naira) to support ECOWAS in strengthening peace and security, Economic Development and Health across West Africa. This is the outcome of a successful bilateral negotiation on Development Cooperation held at the ECOWAS Commission Headquarters in Abuja, Nigeria on the 4th and 5th of November 2025.