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African Development Bank (AfDB) news

African Development Bank (AfDB) appears in 1 story we have published in November 2026, mostly in our Business coverage. It is most often reported alongside International Finance Corporation (IFC).

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IFC targets African MSMEs with fintech and local-currency credit shift

The International Finance Corporation (IFC) is refocusing its strategy to address Africa’s structural capital mismatch by leveraging fintech, cash-flow-based lending, and local-currency credit to support micro, small, and medium-sized enterprises (MSMEs). Speaking at a recent event, IFC Managing Director Makhtar Diop highlighted the continent’s urgent need for job creation and the risks posed by short-term debt, regulatory unpredictability, and limited access to long-term financing.

4 November 2026

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