Tag: loan

Nigeria secures $134 million loan for agriculture

November 15, 2024

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

October 7, 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

September 22, 2024

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

July 1, 2024

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

June 12, 2024

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

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