The Japan International Cooperation Agency (JICA) and the African Development Fund (ADF) have signed a loan agreement of US$668.1mn to support the 15th replenishment of the African Development Fund (ADF-15)
Finance
ITFC signs agreement with Tunisia government
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, has signed a framework agreement with the government of Tunisia, represented by the Ministry of Economy, Finance and Investment Support, to increase trade flows and build trade capacity
CrossBoundary Group and Brown Advisory announce strategic partnership
CrossBoundary Group and Brown Advisory have formed a strategic partnership that includes a minority investment by Brown Advisory in CrossBoundary Group and initiatives for both firms to collaborate on a global basis
DLA Piper change leadership in Africa
Peter Somekh has been appointed as managing partner of DLA Pipers Africa practice, effective 1 January 2021
S&P Global affirms AfDB’s AAA rating with stable outlook
Ratings agency S&P Global has affirmed its “AAA/A-1+” foreign currency issuer credit rating of the African Development Bank (AfDB) with a stable outlook