A US government agency has delayed the disbursement of a $500million (Sh53.97 billion) loan to finance the entry of a Safaricom-led consortium into the Ethiopian telecoms market, citing uncertainty over …
Micro, Small and Medium Enterprises (MSMEs) in Kenya are set to benefit from a newly launched regional credit rotation fund. German Sparkassenstiftung Eastern Africa (DSIK), a non-governmental organisation, has partnered …
The World Bank has approved a $360 million development policy financing (DPF) loan to support Egypt’s post-pandemic recovery, the lender said on Thursday. “To further support the achievement of the …
Italian multinational oil and gas company Eni, announced Tuesday three new oil and gas discoveries in the concessions of Meleiha and southwest of Meleiha, in Egypt’s the Western Desert. Egypt’s …
More are yet to unfold on the struggle to control the assets of FBN Holdings Plc, as the company yesterday confirmed Tunde Hassan-Odukale as the single-largest shareholder of the bank. …
Delta Air Lines has disclosed plans to resume nonstop flight services on the Lagos-New York route by December. The American airline will operate nonstop flights between Murtala Muhammed International Airport …
It is a notorious fact that the epileptic nature of power supply makes Nigeria one of the harshest environments to do business, and this renders the country less competitive. The …
Zimbabwean government has partnered with one of the largest marine terminal operators in the world, DP World owned by the government of Dubai in the United Arab Emirates as it …
New investments by companies across Rwanda most impacted by COVID-19 will be supported with EUR 95 million of new financing backed by the European Investment Bank (EIB). The funds will …
Marks the Indian bank’s maiden foreign currency bond on the Mauritius-based pan-African exchangeExport-Import Bank of India has listed its $1-billion 10-year bond on the Mauritius-based pan-African exchange AFRINEX. Pravind Kumar …