Tag: loan

Kenya moves closer to seal EPA deal with EU, while also seeking $1bn loan from China

December 28, 2023

As Kenya is moving closer to sealing an Economic Partnership Agreement (EPA) with the European Union, the East African economic powerhouse has also announced the ... Read More

Benin gets €39m loan from AfDB to boost private sector’s contribution to economic development

December 15, 2023

The Board of Directors of the African Development Fund, the African Development Bank Group’s concessional window, approved a €38.84 million loan to Benin to help ... Read More

AfDB loans Tunisia about €82 million for wastewater re-use in agriculture, climate resilience

December 14, 2023

The Board of Directors of the African Development Bank Group, has approved a loan of €81.9 million to Tunisia to implement the Treated Wastewater Quality ... Read More

Kais Saied fires Minister of Economy

October 18, 2023

Tunisia’s President fired Tuesday October 17 the country’s Minister of Economy Samir Saïed amid economic hardship that has gripped the North African country. Saied’s office ... Read More

China Development Bank to support SMEs in Africa with $400-million loan to Cairo-based Afreximbank

August 29, 2023

The China Development Bank (CDB) and the African Export-Import Bank (Afreximbank) inked Monday August 28 a $400-mllion loan to be used to support the financing ... Read More

Tunisia’s Agriculture minister to provide $9m financing to farmers

August 17, 2023

Tunisia’s Agriculture ministry announced Wednesday August 16 several financing plans for small farmers to the tune of $9 million in view of supporting the sector. ... Read More

IFC accords $150m loan to Olam to boost palm oil production in Gabon

August 3, 2023

The World Bank’s private sector financing arm, International Finance Corporation (IFC), has provided a credit package of $150 to Olam Palm Gabon, the subsidiary of ... Read More

IFC loans Express Union Tchad around $3m to boost access to finance for underserved communities

July 25, 2023

The International Finance Corporation, IFC, has provided a loan worth close to $3 million to Chad’s leading microfinance Express Union Tchad (EUT) to boost access ... Read More

Benin gets €80 million-loan from AfDB to upgrade Cotonou Port

July 20, 2023

Benin has secured an 80 million euros loan facility from the African Development Bank (AfDB) to improve and expand Cotonou harbor, one of the main ... Read More

AfDB allocates Côte d’Ivoire €400 million in partial credit guarantee for international funds mobilization

July 13, 2023

The African Development Bank, AfDB, rubber-stamped Tuesday a €400 million partial credit guarantee for Côte d'Ivoire, to support the mobilization on international financial markets for ... Read More