Guinea-Bissau: Energy and Transport infrastructure at the core of African Development Bank's 2022-2026 Country Strategy

To address Guinea-Bissau's development challenges, the African Development Bank's new strategy will promote economic diversification, structural transformation and lay the foundation for inclusive, resilient, and sustainable growth through support for infrastructure and good governance.

Nigeria: African Development Bank approves $25 million Trade Finance Facility for FSDH Merchant Bank for local SMEs

The Board of Directors of the African Development Bank Group 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.