African Export-Import Bank (Afreximbank) Celebrates Outgoing President and Chairman
Prof. Oramah ends decade-long Afreximbank presidency with $44B balance sheet, PAPSS in 20 countries & $170B in IATF deals, cementing Africa’s trade self-reliance
African Development Bank Group Receives $14 Million in First Funding Allocation Under Global Agriculture and Food Security Program’s New Private Sector Financing Window
PRESS RELEASE WASHINGTON D.C., United States of America, October 26, 2025/ — The Global Agriculture and Food Security Program (GAFSP) has announced the first allocation from its new private sector financing window to the African Development Bank Group (www.AfDB.org), providing $14 million in de-risking capital that aims to unlock $200 million from the private sector
Mozambique Receives $2 Million Insurance Premium for Drought Protection as African Risk Financing Programme Reaches $150 Million Milestone
Mozambique secures $2M drought insurance via AfDB’s ADRiFi for 2025-26, strengthening climate resilience for vulnerable farmers. #ClimateInsurance
Youth Charter Calls for Greater Global Commitment to Sport for Development and Peace on United Nations Day
Youth Charter marks UN Day 2025 with a Global Call 2 Action, urging governments and partners to use sport, art, culture, and digital engagement to achieve SDGs, foster peace, and ensure no young person is left behind by 2030.
International Islamic Trade Finance Corporation (ITFC) Expands Strategic Cooperation with Hamkorbank through an Additional US$30 Million Syndicated Line of Financing Facility
ITFC increases its trade financing agreement with Uzbekistan’s Hamkorbank by US$30 million to US$90 million, empowering SMEs, women entrepreneurs, green initiatives, and food security in alignment with national development goals.
