Rwanda: African Development Bank Group and Rwanda Water Resources Board Launch Flood-Adaptation Project in Rwanda
The African Development Bank and Rwanda have initiated a flood adaptation project to enhance community resilience in western Rwanda with a $9 million grant.
Guarantee Fund EAT-TMEDE: Renewal of the financing agreement between the Greek Development Bank and TMEDE
A new financing agreement has been signed between the Greek Development Bank and TMEDE to extend the operation of the Guarantee Fund until December 31, 2026.
AfDB, AU push visa-free travel to boost AfCFTA
African policymakers are advocating for visa-free travel across the continent to enhance economic development under the African Continental Free Trade Area (AfCFTA).
With Economic Problems and Without Insurance: This Is How Uber Drivers Work in Latin America
A study conducted by Uber and the Inter-American Development Bank reveals that most Uber drivers in Latin America face economic difficulties, lack social security coverage, and are burdened with debt.
EBRD reports resilient regional economic growth
The European Bank for Reconstruction and Development's report highlights unexpectedly strong GDP growth in the region, specifically in sub-Saharan Africa, amid external economic challenges.
Nigeria Secures $100 Million From European Bank to Finance Project Bridge
Nigeria has received a $100 million investment from the European Bank for Reconstruction and Development to support the nationwide connectivity initiative, Project Bridge.
The European Bank for Reconstruction and Development has increased the economic growth forecasts for all three Baltic states
The European Bank for Reconstruction and Development has raised its economic growth forecasts for Latvia, Estonia, and Lithuania for this year.
World Bank: Complete Gender Equality in the Workplace Does Not Exist Anywhere in the World
A World Bank report reveals that even with gender equality laws in place, actual implementation is only about 50%, indicating significant ongoing barriers for women in the workforce.
ECOWAS, AfDB inaugurate board for $15bn LagosโAbidjan highway
The ECOWAS and the African Development Bank have established a Board of Directors for the $15 billion LagosโAbidjan Highway project, marking a significant step in the project's operational phase.
Wait, BGK: We will support Polish companies
The president of the Polish Development Bank, Mirosลaw Czekaj, emphasizes the need to create conditions for domestic companies to effectively pursue contracts for upcoming projects.
Park Sang-jin, Chairman of Korea Development Bank, states 'Difficult to intervene with Homeplus' and rejects MBK support request
Park Sang-jin, Chairman of Korea Development Bank, has refused a support request by MBK Partners for urgent operational funding for Homeplus, stating that they have no involvement with the company.
Africa: African Development Bank, UNDP and Partners Launch the Ai 10 Billion Initiative During 2026 Nairobi Ai Forum
The African Development Bank and UNDP have launched the AI 10 Billion Initiative to enhance AI adoption and digital economic growth in Africa.
A development bank that is too small
A report highlights concerns from Dr. Sheinbaum regarding Mexico's stagnant economy and the lack of results from the Mexico Plan despite ambitious infrastructure project announcements.
US sanctions force acceleration of the digital euro
US sanctions are pushing the European Central Bank to expedite the development of a digital euro to avoid dependence on foreign payment systems.
World Bank to approve $500m Nigeria loan in March
The World Bank is poised to approve a $500 million loan to Nigeria to enhance agricultural productivity and create jobs.
How journalist Radko Kuruc became a banker convicted for bribes along with the Brhel family
Radko Kuruc, a former journalist and current chairman of the Slovak Guarantee and Development Bank, has been convicted for bribery in connection with the Mรฝtnik case but continues to deny the charges against him.
Nigeriaโs World Bank IDA debt hits $18.7bn
Nigeria's debt to the World Bank's International Development Association has increased to $18.7 billion, marking a significant rise of $1.9 billion in one year.
EIB: โฌ30 million to the Municipality of Thessaloniki for sustainable urban development and climate resilience projects
The European Investment Bank is investing โฌ30 million in the Municipality of Thessaloniki for sustainable urban development and climate resilience projects as part of a new funding agreement.
Africa: AUC Chairperson Had a Constructive Meeting With the H.E. Dr. Sidi Ould Tah, President of the @afdb_group
The Chairperson of the African Union Commission, H.E. Mahmoud Ali Youssouf, met with Dr. Sidi Ould Tah, President of the African Development Bank, to discuss financial strategies and the AU-AfDB partnership.
Fire Development in the Cabin - Plane Had to Land in Vรฆrnes
A plane en route to Tromsรธ had to make an emergency landing in Vรฆrnes due to overheating of a power bank in the cabin, causing smoke but no serious injuries.
Malawi: CDEDI Warns Finance Bank Ruling Will Hurt Malawians and Damage the Economy
The Centre for Democracy and Economic Development Initiatives (CDEDI) warns that the Supreme Court's ruling to force the government to pay billions to Finance Bank will harm Malawians and worsen the economic crisis.
Development bank closes 2025 with profits of 58.6 billion pesos: Treasury
The Mexican development bank reported profits of 58.6 billion pesos for the year 2025, despite global inflationary pressures and monetary adjustments.
CBN commits to reforms, economic stability
The Central Bank of Nigeria has committed to significant economic reforms to stabilize the economy and target a $1 trillion economy by 2030, as discussed during a trade fair event.
Africa: 39th African Union Summit - With His Four Cardinal Points, the African Development Bank Plans to Accelerate Agenda 2063
The African Development Bank, led by President Dr Sidi Ould Tah, will promote its strategic vision at the 39th African Union Summit to enhance Africa's growth and development efforts.
Copelouzosโ Thrace FSRU under the โmicroscopeโ of the American DFC and EXIM
The American Development Finance Corporation (DFC) and Export-Import Bank (EXIM) are exploring financial support for the Copelouzos Group's FSRU project in Greece, which aims to enhance the country's liquefied natural gas capabilities.
TREK Development: Framework Agreement with EIB for strategic actions in Greece and Cyprus
TREK Development has signed a Framework Agreement with the European Investment Bank to support strategic actions in Greece and Cyprus over the next four years.
President of the European Bank for Reconstruction and Development: โInvesting in Africa is also a matter of regional stabilityโ
The President of the European Bank for Reconstruction and Development emphasizes the importance of investing in Africa for regional stability through infrastructure and financial projects.
TREK Development: Framework Agreement with the European Investment Bank for strategic actions in Greece and Cyprus
TREK Development has announced a Framework Agreement with the European Investment Bank to implement strategic actions in Greece and Cyprus over the next four years.
Sugar council, NEXIM Bank strike multi-billion sugar deal
The National Sugar Development Council and the Nigerian Export-Import Bank have established a strategic partnership to finance significant sugar projects in Nigeria.
[Editorial] Regional Disparities Increasing Intergenerational Wealth Transmission Should Be Mitigated Through Balanced Development
Research indicates that widening gaps between regions in South Korea are diminishing intergenerational economic mobility.
New ILTE Supervisory Council Members Approved
The Lithuanian government has appointed two international experts to the ILTE supervisory council as part of a transformative effort to enhance the functions of the national development bank.
Funding Programs for Small and Medium Enterprises: Support and Consulting Guidance from the National Bank
The National Bank collaborates with the Greek Development Bank to provide guaranteed financing programs aimed at supporting small and medium enterprises in Greece.
Liberia: World Bank Reviews Nafaa's Flagship Fisheries Project
The World Bank is conducting an Implementation Support Mission in Monrovia to oversee the Liberia Sustainable Management of Fisheries Project, focusing on food security and economic development.
Education in Mexico: When Territory Decides Destiny
The article discusses how geographic location is a significant determinant of educational outcomes in Mexico, as highlighted by a recent report from the Inter-American Development Bank.
EBRD provides record 2.9 billion euros to Ukraine in 2025, prioritizing war-hit energy sector
The European Bank for Reconstruction and Development announced it will provide a record 2.9 billion euros to Ukraine in 2025, focusing on the war-affected energy sector.
Development bank asks banks to 'renounce profits' to boost credit for SMEs
Roberto Lazzeri, director general of Nacional Financiera and Bancomext, urged banks to increase credit placement for Small and Medium Enterprises, even if it means sacrificing some profits.
Development Bank: KfW Simplifies Funding for Housing
The KfW development bank is streamlining its housing support programs from six to two to facilitate quicker investment in Germany.
EBRD investments in the Baltic states reached a record last year
The European Bank for Reconstruction and Development (EBRD) reported that its investments in the Baltic states reached a record high of 654 million euros last year, with Latvia, Lithuania, and Estonia seeing significant increases in funding for various projects.
Africa: President Ramaphosa To Address Afreximbank Accession Ceremony
President Cyril Ramaphosa is set to address the ceremonial signing that marks South Africa's accession to the African ExportโImport Bank, transitioning the country to Class A Shareholder status and aiming to enhance intra-African trade and industrial development.
Rain of investments from the EIB: 3.5 billion euros in the Greek economy
The European Investment Bank (EIB) has funded the Greek economy with 3.5 billion euros in 2025, reflecting a decisive increase in support for climate resilience, water infrastructure, energy security, and real economic development.
K. Pierrearakis: Greece is changing its production model - We will move even faster in 2026
Greek Minister of National Economy and Finance Kyriakos Pierrearakis highlighted the pivotal role of the European Investment Bank in the development of the Greek economy during an event at the Bank of Greece, addressing the annual results of the EIB.
ILTE plans to inject 6 billion euros into the Lithuanian economy by 2029
The Lithuanian Finance Minister announced that ILTE is set to become a development bank, aiming to mobilize and inject approximately 6 billion euros into the economy over the next four years.
Africa: AfDB Approves New Program to Help African Countries Turn Energy Promises Into Power for Millions
The African Development Bank has launched a USD 3.9 million project to assist African nations in fulfilling their energy commitments and enhancing electricity access for millions.
Africa Seeks Investors in the Middle East
The African Development Bank held a meeting in Abidjan with a group of Arab financial institutions to secure their financial support amid the withdrawal of Western donors.
AI may push banks onto a new path of development. But there are risks too
The article discusses the opportunities and risks AI presents for the banking sector, including its impact on customer relationships and the concept of a '10x bank.'
EBRD provides โฌ75m to Ukraine to rebuild hydropower plants
The European Bank for Reconstruction and Development is providing โฌ75 million to Ukraine's largest hydropower company for the modernization and rebuilding of its hydropower plants.
The government published a tender for construction in area E1 according to a plan that will expedite the division of the West Bank into two
The Israeli Ministry of Construction and Housing has announced a tender for the construction of 3,401 housing units in area E1, which has been controversially designated to facilitate further development and accelerate the divide in the West Bank.
Putin orders government and Central Bank to revive economic growth
Vladimir Putin has directed the government and the Central Bank to focus on reviving economic growth following discussions at the Council for Strategic Development and National Projects.