Leaders of the African Development Bank (AfDB), International Monetary Fund (IMF), World Bank, European Bank for Reconstruction and Development (EBRD), and Inter-American Development Bank (IADB) have pledged their close cooperation to support development
Banking & Finance
Ecobank Zambia announces expansion plans
Ecobank Zambia is set to establish five more branches and increase its number of automated teller machines (ATMs) to 38 as it expands its footprint in the country
AfDB grants loans to boost Nigerian SMEs
![AfBD will provide loans worth US$500mn for BOI and US$200mn for NEXIM. (Image source: Shardayyy/Flickr)](/images/naira__Shardayyy.jpg)
AfBD will provide loans worth US$500mn for BOI and US$200mn for NEXIM. (Image source: Shardayyy/Flickr)
The African Development Bank (AfDB) has signed an agreement to provide loans to the Bank of Industry (BOI) and the Nigerian Export-Import Bank (NEXIM) in an attempt to support small- and medium-sized enterprises (SMEs) in Nigeria
IITFC grants US$265 million loan to Egyptian oil firm
The International Islamic Trade Finance Corporation (IITFC), a branch of the Islamic Development Bank, has provided funds worth US$265mn to Egyptian General Petroleum Corporation (EGPC)
Standard Chartered Bank Zambia in expansion project
![Standard Chartered Bank recently opened its Jacaranda branch in Ndola to enhance its customer service on the Copperbelt. (Image source: Canadian Pacific)](/images/Standard_Chartered_Bank.jpg)
Standard Chartered Bank recently opened its Jacaranda branch in Ndola to enhance its customer service on the Copperbelt. (Image source: Canadian Pacific)
Standard Chartered Bank Zambia is set to invest more than US$2.8mn to expand its footprint in Zambia, according to information obtained from the financial institution