Finance

KAMPALA, July 1 – Uganda has signed a €110.5 million (US$126.1 million) financing agreement with the local subsidiary of Standard Chartered to …

LAGOS, June 30 – Nigeria’s Bank of Industry (BOI), the implementing agency for the Investment in Digital and Creative Enterprises (iDICE) Programme …

NAIROBI, June 30 – The World Bank has approved a $750 million budget support package for Kenya alongside a new sustainability-linked financing …

JOHANNESBURG, June 29 – The African Export-Import Bank (Afreximbank) and the Government of South Africa have signed a memorandum of understanding (MoU) …

ADDIS ABABA, June 29 – Ethiopia has reached a preliminary agreement with a key group of bondholders on restructuring its US$1 billion …

KINSHASA, June 27 – The International Monetary Fund (IMF) has approved approximately $348.5 million in new financing for the Democratic Republic of …

LAGOS, June 26 – Nigeria has accessed the first tranche of its $5 billion financing arrangement with First Abu Dhabi Bank, marking …

KINSHASA, June 26 – The Democratic Republic of the Congo has taken a significant step toward establishing its first securities exchange after …

LONDON, June 25 – Moreton Capital Partners is launching a new commodities investment vehicle aimed at capitalising on the growing risks that …

LAGOS, June 25 – African governments are increasingly turning to total return swaps (TRS) as an alternative source of sovereign financing, allowing …