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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Category:
Finance
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RABAT, July 2 – The World Bank has approved $265 million in financing to support the construction of Morocco’s Ifahsa Pumped Hydropower …
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LAGOS, July 2 – Africa Finance Corporation (AFC) has raised US$500 million through a five-year senior unsecured Reg S-only Eurobond, securing the …
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LAGOS, July 1 – The World Bank Group has approved a new 2026–2032 Country Partnership Framework (CPF) for Nigeria with a US$1.25 …
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KAMPALA, July 1 – Uganda has signed a €110.5 million (US$126.1 million) financing agreement with the local subsidiary of Standard Chartered to …
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Finance
Nigeria’s Bank of Industry Appoints Kuramo Capital as Fund Manager for US$170.6 Million DICE Fund
LAGOS, June 30 – Nigeria’s Bank of Industry (BOI), the implementing agency for the Investment in Digital and Creative Enterprises (iDICE) Programme …
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NAIROBI, June 30 – The World Bank has approved a $750 million budget support package for Kenya alongside a new sustainability-linked financing …
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JOHANNESBURG, June 29 – The African Export-Import Bank (Afreximbank) and the Government of South Africa have signed a memorandum of understanding (MoU) …
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ADDIS ABABA, June 29 – Ethiopia has reached a preliminary agreement with a key group of bondholders on restructuring its US$1 billion …
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KINSHASA, June 27 – The International Monetary Fund (IMF) has approved approximately $348.5 million in new financing for the Democratic Republic of …