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(AFRICAN EXAMINER) - African Development Bank (AfDB) has approved a $15 million trade finance line of credit and $10 million transaction guarantee for FSDH Merchant Bank in Nigeria. FSDH will use the line of credit to provide loans to local enterprises in Nigeria. The $25 million package will help to reduce the trade finance gap
(AFRICAN EXAMINER) The United States government has announced a provision of $5 million grant to the African Development Bank (AfDB) to support efforts in abating methane gas emission, across Africa. Methane accounts about half of the net rise in global average temperature since the pre-industrial era. The grant, subject to the completion of US domestic