Finance

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 …

ABUJA, April 15 – Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has called on the International Monetary …

JOHANNESBURG, April 15 – The World Bank Group, through its private-sector arm, the IFC – International Finance Corporation and Citigroup Inc. have launched …

BERLIN, April 14 – Germany has agreed to extend a €200 million ($234 million) concessional climate loan to South Africa, strengthening bilateral …

KINSHASA, April 10 – The Democratic Republic of Congo raised $1.25 billion in its first international bond sale, tapping strong investor demand …