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