Finance

RABAT, July 24 – The African Development Bank (AfDB) has approved a €100 million ($114 million) loan to support the construction of …

JOHANNESBURG, July 24 – South Africa’s Deputy Finance Minister David Masondo has resigned as chairperson of the board of the Public Investment …

DAR ES SALAAM, July 24 – Tanzania is considering issuing a Eurobond as part of plans to meet its external borrowing needs, …

JOHANNESBERG, July 23 – African governments and development finance institutions are placing greater focus on debt guarantees as they look to attract …

CAIRO, July 22 – The African Export-Import Bank (Afreximbank) has approved a US$200 million global revolving dual tranche facility for Shoreline Power …

LONDON, July 18 – A.P. Moller Capital, an infrastructure fund manager focused on emerging markets, announced on June 17 that its Emerging …

LAGOS, July 18 – Dangote Petroleum Refinery has raised $2.5 billion through a private placement, strengthening its capital structure ahead of a …

WASHINGTON, July 17 – South Africa has secured $1.5 billion World Bank loan to accelerate reforms in electricity, freight transport, and water …

WASHINGTON, July 15 – The World Bank has approved a $120 million financing package to support a new social protection programme in …

ABUJA, July 15 – Nigeria’s pension assets have climbed by 51% over the past two years to 31.48 trillion naira ($22.8 billion), …