Ghana’s Finance Ministry is targeting to raise $3 billion in funding from its diaspora, through African Sankofa Account to fund economic development in the West African nation. The government will structure the investment vehicle to offer better rates to depositors, Finance Minister Ken Ofori-Atta said. He said the initiative was dictated by government’s quest to […]
The European Bank for Reconstruction and Development, EBRD, has committed to a provisional equity investment of up to $75 million in HAU Energy BV, a funding vehicle established by Hassan Allam Utilities that operates in Egypt and is running a project known as 1.1 GW Gulf of Suez wind farm. The investment is set to […]
The Banker magazine awarded for the eighth consecutive time the “Bank of the Year Morocco” award to the BMCE Bank of Africa. The Banker’s eighteenth annual Bank of the Year awards provides an unrivaled opportunity to meet and network with industry peers and to celebrate the achievements of successful financial institutions from around the world. […]
