Finance

CAPE TOWN, April 27 – South Africa is proposing a sweeping overhaul of its long-standing exchange control rules in a bid to …

JOHANNESBURG, April 24 – The World Bank has partnered with Amazon.com Inc. to issue a $120 million, 14-year outcome-based bond aimed at …

NAIROBI, April 23 – Africa’s infrastructure challenge is no longer primarily about raising money, but about effectively deploying capital into projects that …

PARIS, April 21 – France is in discussions to provide a €100 million loan to South Africa to support efforts to revitalise …

BEIJING, April 21 – Ecobank is in advanced talks with Bank of China to launch a direct local-currency-to-yuan settlement platform by the …

LAGOS, April 20 – Dangote Fertilizer Ltd is preparing to raise about $750 million through a private bond placement as it scales …

WASHINGTON, April 17 – Angola is in talks with the African Development Bank for a $165 million budget support loan as it …

RABAT, April 16 – Morocco’s phosphates giant and world-leading fertilizers producer, OCP Group has raised $1.5 billion through its first international hybrid …

WASHINGTON, April 16 – Uganda has appointed Citibank to mobilize financing for its planned €2.7 billion ($3.19 billion) Standard Gauge Railway project, …

KIGALI, April 15 – Rwanda has secured a €213 million ($251 Million) commercial loan facility with a 15-year maturity and a six-year …