09/26/2021
The proceeds of this syndicated facility will be used for general corporate purposes, refinancing and trade finance. This transaction marks the OPEC Fund's first cooperation with MCB
09/21/2021
This resulted in the formation of Katanga Mining Private Limited.
09/20/2021
Adrian Zetler was co-manager of the Coronation Balanced Plus Fund, Coronation Industrial Fund and Coronation Equity Fund.
09/20/2021
“The event has not only enlightened us about the benefits of investing, but it has also provided veritable investment options through which we can build our wealth over the years.”
09/20/2021
UCML Capital Limited, United Capital Plc and Emerging Africa Group, acted as dealers on the transaction.
09/20/2021
He advised that considering the overt contribution of the oil and gas sector to the African economy, a strategic approach to the adoption of cleaner energy is advisable.
09/17/2021
Weimar explained that economic growth usually comes from four sources of demand, namely consumer spending (about 60% of SA's GDP), fixed investment, government spending and exports.
09/17/2021
The net proceeds of the Eurobond will provide medium term funding and help to enhance the capacity of the Bank to support its general banking purposes.
09/17/2021
“Unity Bank will continue to provide support to such projects as we have been doing in other critical sectors of the economy such as agriculture.”
09/17/2021
Idoru said that the bank was constantly looking for ways to ensure SMEs get access to the needed support to enable their businesses to thrive.
09/16/2021
While South Africa’s largest banks are reducing their exposure to activities that pollute the environment, they have set differing time-lines to take into account the nation’s reliance on coal.
09/16/2021
Nigerian economy to grow by up to 3% this year
09/15/2021
The parties will share the default risk on a portfolio of eligible trade transactions originated by African Issuing Banks and indemnified by Standard Chartered Bank.
09/15/2021
Reflective of the confidence in its payment system, he said, between 2015 and 2020, close to $500m worth of funds had been invested in firms run by Nigerian founders.
09/15/2021
It has been estimated that the pandemic has pushed up to 40 million people in Sub-Saharan Africa into extreme poverty with limited to vaccines undermining a return to growth.
09/14/2021
This acquisition marks Montfort's strategic entry into East Africa, one of Africa's major markets
09/14/2021
AFC Capital Partners will enhance our firepower in driving integrated infrastructure solutions that are core to Africa’s development in the post-Covid era
09/14/2021
Supply chain issues continue to mar the African agricultural sector not only because of an increase in demand as the continent’s population grows but also because of weaknesses in the supply chain.
09/14/2021
The ICRF will act as a direct investor and a co-investment fund to enhance the quality of African ports, roads, bridges, rail, telecommunications, clean energy, and logistics in the face of rising temperatures and sea levels due to climate change.
09/13/2021
The conference proceeded with a panel discussion on ‘Navigating an economic recovery amid a pandemic’ with Tobias Rasmussen, Resident Representative in Kenya, IMF, and Dr Hassan Mahmud, Director, Monetary Policy Department, Central Bank of Nig