Tag : African Development Bank

Carbon and Finance Platform Earthbanc Raises $1.5 Million Pre Seed Round
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Carbon and Finance Platform Earthbanc Raises $1.5 Million Pre Seed Round

Fintech News Desk
The funding will launch the Earthbanc protocol and web3 platform, enabling the onboarding of 150,000 farmers on the waitlist in South Asia and Africa Earthbanc the leading carbon credit and finance platform headquartered in Stockholm with operations across 20 countries, raised a US $1.5M investment in a Pre-Seed Round with participation......
African Development Bank Group President Akinwumi Adesina Begins Official Visit To South Africa
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African Development Bank Group President Akinwumi Adesina Begins Official Visit To South Africa

Fintech News Desk
Adesina will meet South African President Cyril Ramaphosa, and various government and industry leaders African Development Bank head Dr. Akinwumi A Adesina is in Johannesburg at the start of a three-day official visit to South Africa. Adesina will meet South African President Cyril Ramaphosa, and various government and industry leaders.......
Mozambique Joins Collaborative ICT Data Collection Initiative Developed By African Development Bank
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Mozambique Joins Collaborative ICT Data Collection Initiative Developed By African Development Bank

Fintech News Desk
RASME is a partnership of the African Development Bank and the World Bank’s Geo-Enabling initiative for Monitoring and Supervision and KoBoToolbox teams The African Development Bank has extended membership of a digital data supervision system known as the Remote Appraisal Supervision, Monitoring, and Evaluation (RASME) project to Mozambique, making it......
African Development Bank Signs Agreement to Fund Regional Financial Market Infrastructure of the WAMU
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African Development Bank Signs Agreement to Fund Regional Financial Market Infrastructure of the WAMU

Fintech News Desk
The grant will fund the creation of a digital platform to automate securities issuance for the regional financial market The African Development Bank on Monday signed a grant agreement for an amount of $400,000 with the Dépositaire Central/Banque de Règlement of the West African Monetary Union (WAMU) to modernize the......
African Development Bank Approves $170M for Investment in Startups
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African Development Bank Board Approves $170 Million for Investment in Nigeria’s Digital and Creative Start-UPS

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The investment in Digital and Creative Enterprises Program (i-DICE) is a Federal Government of Nigeria initiative promoting investment in digital and creative industries The Board of Directors of the African Development Bank has approved a loan of $170 million to finance a digital and creative enterprises program in Nigeria. The......
African Development Bank
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African Development Bank Launches Consultations on New Strategy for Quality Health Infrastructure in Africa

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The African Development Bank has launched a consultation process with health ministers and other partners as it develops a strategy to drive enhanced access to health services across Africa through 2030. Input from ministers in the Bank’s 54 regional member countries, development partners and civil society is expected to strengthen......
African Development Bank
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Nigeria: African Development Bank Group, MTN Sign $500,000 Grant Agreement to Study Women’s Access to Financial Services

Fintech News Desk
The research, which includes a feasibility study, women-focused design and testing, will focus on both agents and customers to provide insights into women’s use of mobile money services The African Development Bank has signed a grant agreement for $500,000 with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN......
African Development Bank Group Extends $350,000 Grant for Technical Assistance to Deepen National Capital Markets
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African Development Bank Group Extends $350,000 Grant for Technical Assistance to Deepen National Capital Markets

Fintech News Desk
The grant will be sourced from the Capital Markets Development Trust Fund, a multi-donor fund administered by the African Development Bank The African Development Bank Group has approved $350,000 in grant funding for technical assistance to consolidate the country’s capital markets strategy and increase the liquidity of its fixed income......
Desert to Power G5 Sahel Financing Facility Receives $150 Million from Green Climate Fund
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Desert to Power G5 Sahel Financing Facility Receives $150 Million from Green Climate Fund

Fintech News Desk
The African Development Bank has welcomed $150 million investment in its Desert to Power G5 Financing Facility from the Green Climate Fund (GCF). The GCF approved the amount at its 30th Board meeting this week. Desert-to-Power is a flagship renewable energy and economic development initiative led by the African Development Bank. Its objective is to......
“Let Us Change the Narrative on Africa in the United States”, Pleads African Development Bank President
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“Let Us Change the Narrative on Africa in the United States”, Pleads African Development Bank President

Fintech Staff Writer
The African Development Bank President spoke during a meeting with African ambassadors at the chancery of the Embassy of the Republic of Congo in Washington last week. African Development Bank President Dr. Akinwumi A. Adesina has said that a concerted effort to change the narrative on Africa in the United......
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