The International Monetary Fund (IMF) has released $1.2 billion to Egypt as part of the country’s ongoing economic reform plan. This marks the fourth payment under the Extended Fund Facility …
AfricaBusinessEconomyEgyptGOVERNMENTNorth Africa
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- EconomyEnergyFinance & ServicesGOVERNMENTInfrastructureNigeriaWestern Africa
Nigeria Secures $500 Million World Bank Loan to Boost Economic Resilience
In a bid to tackle pressing economic challenges, Nigeria has secured a $500 million loan from the World Bank to support its Community Action for Resilience and Economic Stimulus Program. …
- AFRICA NEWSBanking, Finance & Investment
World bank to lend Zambia $210m as country targets to double CDF to K56m per year
by Editorby EditorWorld bank to lend Zambia $210 million as country targets to double CDF to K56m per year. The World bank under the Zambia Devolution Support Project will fund the Zambia …
- Banking, Finance & InvestmentBusinessEconomyInsuranceNigeria
Senate investigation uneven disbursement of N500bn loans by DBN
The Senate has set up an ad hoc committee to carry out investigation into the alleged uneven disbursement of half a trillion naira loan to the six geo-political zones by …
- AgricultureBusinessEconomyFinance & ServicesKenya News
ResponsAbility Investments AG Signs Sh606.6 Million with AGF to insure loan to Small Businesses
Impact investor responsAbility Investments AG has signed a deal worth Sh606.6 million ($5 million) with African Guarantee Fund (AGF) to insure loans issued to small businesses. The facility will increase …