-
The Board of Directors of the African Development Bank has approved a loan of up to $170 million to support the development of the game-changing 1.1 GW Suez Wind Project, …
-
Abu Dhabi’s biggest developer Aldar Properties has acquired a commercial tower in Dubai’s key financial district for 2.3 billion dirhams ($626 million), in one of the largest such acquisitions. The …
-
News
Togo: African Development Fund to provide a partial credit guarantee to support the financing of green and social projects
The Board of Directors of the African Development Bank Group has approved a EUR 200 million partial credit guarantee (PCG) to support Togo’s inaugural sustainable financing to implement green and …
-
The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of $360 million to Ghana under its $3 billion Extended Credit Facility (ECF). This follows the successful …
-
News
Afreximbank signs a $100 million Trade Finance Facility with JE Energy for the execution of Guyana crude oil export contracts
African Export-Import Bank (Afreximbank) recently in Cape Town, South Africa, signed an agreement for a US$ 100-million Revolving Trade Finance Facility in favour of oil trader JE Energy Limited to …
-
Major international creditors are ratcheting up pressure on Zimbabwe, demanding that it speed up political and economic reforms to unlock a badly needed debt restructuring deal that has been under …
-
Uganda’s Cabinet this week approved the financing structure for the country’s $4 billion oil refinery, opting to fund the facility entirely through equity, as the government and private-sector partner Alpha …
-
The Federal Government has raised US$2.2 billion Eurobonds maturing in the international capital markets in 2031 (6.5-year) and 2034 (10-year) to finance the 2024 fiscal deficit and support the government’s …
-
Egypt’s Ministry of Finance is set to issue 33 treasury bill and bond auctions worth EGP 751bn in December 2024, aiming to settle previous debt obligations and finance the state …
