The European Investment Bank (EIB) has signed a new 15 year US$227mn loan agreement with the African Export-Import Bank (Afreximbank)
Finance
Oradian and new West African partner TAB Finance to boost financial inclusion
TAB Finance, a new microfinance bank licensed by the Central Bank of the Republic of Guinea, has joined Oradian’s global community of visionary financial institutions
Prudential Shariah and Futureneers establish South Africa’s first Shariah-compliant fund
Fund managers Prudential Shariah and venture capital asset management firm Futureneers, in a joint venture, have established Prudential Shariah 12J Investment Fund, South Africas first Shariah-compliant Section 12J Venture Capital Company
US-Libya renew science and technology cooperation agreement
The US State Department held a signing ceremony in the Treaty Room on 15 November 2018 to recognise the ten-year renewal of the US-Libya Science and Technology Cooperation Agreement
AfDB approves US$40mn investment for AIIF3
The Board of Directors of the African Development Bank (AfDB) has approved an equity investment of US$40mn in Africa Infrastructure Investment Fund (AIIF3)