TUNIS, May 19 (Reuters) - The President of the Islamic Development Bank said on Monday that Algeria is expected to receive $3 billion in loans over the next three years to support the ...

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Emirates Development Bank (EDB) today announced the launch of the Emirates Growth Fund (EGF), a transformative AED 1 billion growth equity platform designed to accelerate the scale, resilience ...

Vivriti Asset Management has secured a $20 million commitment from the Development Bank of Austria (OeEB) for its Vivriti India Retail Assets Fund (VIRAF), bolstering the fund’s capital base to ...

The latest fund infusion from OeEB takes total commitments in VIRAF to $165 million, bringing it closer to its targeted corpus of $250 million. Launched in March 2023, at GIFT City, VIRAF is an ...

Development Bank of Nigeria (DBN) plans to raise N3 trillion in a bid to extend more loans to Micro, Small and Medium Enterprises (MSMEs). The bank explained that such loans would be made ...

MIAMI — Colombia's government has applied to join a China-based development bank, another sign of Latin America's drift away from the U.S. as the Trump administration's foreign aid cuts, trade ...

MIAMI, May 18, (AP): Colombia's government has applied to join a China-based development bank, another sign of Latin America's drift away from the U.S. as the Trump administration's foreign aid cuts, ...

Who will choose Akinwumi Adesina’s successor? Which countries are the kingmakers? Will multiple voting rounds be necessary? With 10 days to go until the vote, we take a closer look in infographics.

The governments of Britain and Mauritius have reached a final deal to settle the future of the Chagos Islands but have been ...

Five candidates are vying to lead the bank, each offering a distinct vision for the continent’s future at a pivotal time for global development. On May 29 in Abidjan, Côte d’Ivoire ...

LONDON (AP) — Bernadette Dugasse was just a toddler when her family was forced to leave her birthplace, the Chagos Islands.