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Tag: loan
Nigeria secures $134 million loan for agriculture
The Nigerian Government has secured a $134 million loan from the African Development Bank (AfDB) to strengthen its agricultural sector amid growing food insecurity concerns. ... Read More
Egypt: FRA reveals size of non-banking financing in July 2024
The Financial Regulatory Authority (FRA) reported a notable increase in non-banking financing across various sectors in July 2024. According to the latest figures, the number ... Read More
Japan contributes $180 Million Loan to promote universal health coverage in Morocco
Japan has granted Morocco a $180 million loan to support the kingdom’s development policy program aimed at achieving universal health coverage. The loan is destined ... Read More
IMF approves disbursement of $360 mln to Ghana
The International Monetary Fund gave the greenlight for the disbursement of 360 million dollars to Ghana, after the latter reached an agreement with its creditors ... Read More
EIB to lend Tunisia 450 mln euros
Cash-strapped Tunisia will get 450 million euros from the European Investment Bank to fund small and medium-sized enterprises and infrastructure projects, the bank said. The ... Read More
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