NAIROBI, July 13 – Kenya is considering repurchasing up to $500 million of its outstanding eurobonds as part of a broader strategy …
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Finance
LUANDA, July 11 – Angola’s central bank has added the Chinese yuan to the list of foreign currencies that commercial banks can …
CAIRO, July 9 – Banque Misr and Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) have signed a EGP 500 million …
JOHANNESBERG, July 9 – South Africa’s National Treasury has suspended part of its funding to Johannesburg and dozens of other municipalities over …
- Finance
Bank of Tanzania Purchases 28 Tonnes of Gold to Boost Foreign Reserves and Stabilise Shilling
DAR ES SALAAM, July 8 – The Bank of Tanzania has acquired approximately 28 metric tonnes of gold over the past 18 …
LUANDA, July 8 – The Angolan government plans to raise as much as 300 billion kwanzas ($320 million) through the sale of …
DAKAR, July 8 – Senegal has launched a formal process to appoint a financial adviser to help manage its public debt as …
LONDON, July 7 – African private credit may be approaching a new phase of institutional maturity after Africa-focused alternative asset manager TLG …
CAIRO, June 4 – Egypt expects to receive €1.5 billion ($1.72 billion) from the European Union in the coming days as the …
LAGOS, July 3 – Africa Finance Corporation (AFC) has reached financial close on the $753 million Lobito Corridor Railway Project in Angola, …
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