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ATI’s mandate is to provide medium to long term credit and political risk insurance. (Image source: Carsten ten Brink/Flickr)

The African Development Bank (AfDB), through its trade finance operations, has approved a US$14.12mn facility to support the federal republic of Nigeria’s membership in the African Trade Insurance Agency (ATI)

The seven operations include senior loans targeting renewable energy and agroindustry sectors in Uganda, Sudan, and Cameroon among others. (Image source: Carl Attard/Pexels)

The African Development Fund Board (ADF) has approved credit risk facility of US$149mn by the Private Sector Credit Enhancement Facility (PSF) in seven private sector operations targeting low-income countries

This new funding will include the upgrade of Cairo’s main metro line to transform public transport capacity used by 20mn people living in the city. (Image source: anna-m. weber/Pexels)

The European Investment Bank (EIB) has formally agreed on a total of US$567mn of new financing for three projects to support sustainable transport, clean energy and internet access projects in North, West and East Africa

The plan will focus on integrating nutrition smart interventions into projects in the Bank’s extensive agriculture pipeline. (Image source: Git Stephen Gitau/Pexels)

The African Development Bank (AfDB) has unveiled a new multi-sectoral nutrition action plan to increase investments to reduce stunting by 40 per cent in African children aged under five by 2025

MCC provides time-limited grants and assistance to countries that demonstrate a commitment to good governance, investments in people and economic freedom. (Image source: AdobeStock/70675494)

The Millennium Challenge Corporation (MCC) Board of Directors held its quarterly meeting on 11 December 2018 and approved Benin as eligible to develop a concurrent regional compact

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