Introduction The African Development Bank (AfDB) has partnered with Bank of Africa in Benin to sign a significant guarantee facility worth €15 million. This initiative aims to enhance trade financing and provide robust support to businesses in the region. Importance of Trade Finance Trade finance is crucial for businesses, especially in developing economies, as it… [Read More]
Benin
IsDB Approves EUR 141.44 Million to Improve Regional Connectivity in West Africa
Introduction The recent announcement of a EUR141.44 million financing facility by the Islamic Development Bank (IsDB) for Togo marks a significant step towards enhancing regional connectivity in West Africa. This investment will primarily support the "Rehabilitation of the WAEMU CU18-Ghana–Benin Border Road Project," a crucial infrastructure initiative designed to improve travel and trade across neighboring… [Read More]
