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The AfDB has committed a second tranche of US$500mn to support energy projects in Egypt (Source: Shutterstock Paul Vinten)

The African Development Bank (AfDB) yesterday signed a US$500mn loan agreement to support Egypts Economic Governance and Energy Support Programme Phase II

China Africa Development Fund invest US$4bn in African infrastructure projects. (Image source: CAD Fund/Commons)

The China-Africa Development (CAD) Fund invested a total of US$4bn in Africa as of the end of November 2016, Chinese authorities said last week

Oilserv, Chongqing Construction Engineering Group, Tianjin Energy and Alpha Group of Companies have signed multi-billion dollar MOAs to develop Nigeria’s oil and gas Infrastructure (Source: Alpha Capital International)

A raft of high profile investment and infrastructure projects to develop crude oil and gas pipelines, oil refineries, ports, highways and railways in Nigeria have been announced.

African Development Bank to launch its first multi-jurisdictional fixed incomie ETF in Africa. (Image source: AMISOM/Flickr)

The African Development Bank (AfDB) is to launch its first multi-jurisdictional Fixed Income Exchange Traded Fund (ETF) in Africa - the African Domestic Bond ETF (ADBF). The Bank has appointed MCB Investment Management (MCBIM), a subsidiary of MCB Capital Markets, as fund manager and approved US$25mn seed capital for the fund

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