Category: Finance

Sound Energy receives financing from Attijariwafa Bank for gas field project in Morocco

June 29, 2023

Sound Energy PLC on Wednesday said that Casablanca-based Attijariwafa offered to finance the second phase of its development of the Tendrara production concession in Morocco. ... Read More

Morocco respects fiscal transparency requirements – US State Department

June 27, 2023

Morocco respects the requirements of fiscal transparency, the U.S. State Department points out in its annual Fiscal Transparency Report. Of the 141 countries evaluated, the ... Read More

Mozambique’s ex-finance minister to be extradited to US for role in bond fraud

June 27, 2023

Mozambique’s former Finance Minister, Manuel Chang, will reportedly be extradited to New York next month to face charges in the United States over his role ... Read More

Banque Misr taps Talabat Egypt to provide financial and non-financial services MSMes

June 27, 2023

Egyptian State-owned “Banque Misr” has signed an agreement with food delivery services provider Talabat Egypt to offer financial and non-financial services to Micro and Small ... Read More

IMF vows endorsement to political, institutional reforms in Burkina Faso

June 27, 2023

The International Monetary Fund (IMF) Monday June 26, threw its support behind the ongoing institutional and political reforms in Burkina Faso, adding that it can ... Read More

Senegal: Over $50 million to digitalize health system

June 23, 2023

The Senegalese government has earmarked $50.2 million to finance the digitalization of the country’s health system, a top official of the health sector told State-run ... Read More

Tunisia gets $268.4 million loan from World Bank to finance power connection project

June 23, 2023

The World Bank Thursday approved a $268.4 million loan to Tunisia earmarked for financing electricity connection with Italy, State-run news agency TAP reports. The electrical ... Read More

Afreximbank’s flagship ‘Africa Trade Gateway’ launched to facilitate business

June 23, 2023

The Africa Trade Gateway (ATG) — a suite of five digital platforms designed as a single window — was officially launched by the African Export-Import ... Read More

Bill Gates urges Nigeria’s leaders to do more to help ordinary people amid economic reforms

June 23, 2023

Bill Gates who is visiting Nigeria this week has urged the government to increase funding for vital solutions, emphasizing the West African nation needs to ... Read More

Nine African countries join Afreximbank’s PAPSS platform in push for ‘de-dollarization’

June 22, 2023

A pan-African payment system that would allow African nations to trade among themselves, using their own currencies, is gaining momentum, as the platform has recently ... Read More