Finance

JUBA, Feb 25 – South Sudan President Salva Kiir has dismissed Finance Minister Bak Barnaba Chol after about three months in office …

JOHANNESBURG, Feb 19 – Standard Bank Group has raised 2 billion rand ($123.76 million) through the continent’s first issuance of financial loss-absorbing …

JOHANNESBURG, Feb 19 – The International Monetary Fund has approved $91 million in funding for Niger following the successful completion of programme …

CAIRO, Feb 12 – Egypt’s Micro, Small and Medium Enterprises Development Agency has allocated EGP 500 million ($10.6 million) to Suez Canal …

JOHANNESBURG, Feb 4 – South Africa has formally joined the African Export-Import Bank, becoming the 54th country to accede to the institution’s …

LUANDA, Jan 29 – The African Export-Import Bank (Afreximbank) announced a $1.75 billion financing facility for Angola’s national oil company Sonangol, strengthening …

JOHANNESBURG, Jan 29 – Standard Bank has reached financial close on a $250 million strategic financing facility for Nigerian oil producer Aradel …

KAMPALA, Jan 29 – Uganda plans to sharply reduce external budget support in its next financial year starting in July, as the …

JOHANNESURG, Jan 28 – Angola has disclosed that the extension of its debt facility with JPMorgan included a $200 million reduction in …

ABIDJAN, Jan 15 – The African Development Bank held its first formal meeting with a group of Arab development finance institutions in …