RABAT, June 6 – Morocco’s phosphate giant OCP Group is preparing to raise up to MAD 5 billion ($540 million) through a …
Finance
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Finance
Africa Finance Corporation Secures $2 Billion Loan as Infrastructure Investment Demand Accelerates
LONDON, June 4 – The Africa Finance Corporation (AFC) has raised a record $2 billion through a syndicated loan facility, marking the …
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JOHANNESBERG, June 2 – The European Union has launched its first investment roadshow in South Africa, bringing together around 200 companies seeking …
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BRAZZAVILLE, June 1 – The African Development Bank (AfDB) is set to invest $125 million in the African Trade and Investment Development …
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Finance
South Africa Unveils Sustainable Finance Framework to Mobilize $228 Billion for Climate Goals
JOHANNESBURG, May 29 – South Africa has introduced a national sustainable finance framework designed to help mobilize approximately 3.7 trillion rand ($228 …
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NAIROBI, May 26 – Kenya is preparing a large-scale green financing initiative aimed at strengthening agricultural productivity, improving climate resilience and attracting …
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BRAZZAVILLE, May 25 – African leaders, policymakers and financiers gathered at the annual meetings of African Development Bank on Monday as the …
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ABUJA, May 19 – The Central Bank of Nigeria will auction N650 billion (about $480 million) in Treasury Bills on Wednesday, May …
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LAGOS, May 18 – Africa Finance Corporation has approved a commitment of up to $100 million for Africa-focused technology fund managers, as …
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Finance
IFC, Access Bank Sign $500 Million Framework to Expand Local Currency Financing Across Africa
KIGALI, May 15 – The World Bank Group’s private-sector arm, the International Finance Corporation and Access Bank Plc have signed a framework …