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AfDB donates Madagascar $1.5m to help join AfCFTA
https://guardian.ng/wp-content/uploads/2021/01/AfCFTA.jpg The African Development Bank has granted Madagascar $1.5 million in view of helping the African country work on its adherence to the African Continental Free Trade Area (AfCFTA), local media “Madagascar Tribune” reported. The agreement signed between the Abidjan-based continental bank and the ministry of Finance and Economy will reduce tariffs between the zone’s […]
Saudi PIF’s SRC inks 133mln real estate financing deal with Riyad Bank
The Saudi Real Estate Refinance Company (SRC), wholly owned by the Public Investment Fund (PIF), has signed an agreement with Riyad Bank to acquire a SR500 million ($133.13 million) real estate financing portfolio, reports say. Fabrice Susini, CEO of SRC and Tareq Al-Sadhan, CEO of Riyad Bank signed the deal in the presence of of […]
Australian firm confirms gas, oil & helium discovery in Zimbabwe
Australia-listed oil and gas firm Invictus Energy has recently confirmed its discovery of light oil, gas condensate and helium in a remote northeastern region of Zimbabwe, which is hailed as a culmination of months of exploration. Analysis of samples from its remote sites near the border with Mozambique “definitively proves the presence of hydrocarbons in […]


