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Tag: loan
BADEA loans Côte d’Ivoire $75m for construction of 7,500 social houses
The Arab Bank for Economic Development in Africa (BADEA) and Cote d’Ivoire signed Monday a loan agreement worth $75 million to be used for the ... Read More
West Africa: IFC, Orange Bank Africa ink partnership deal to increase digital lending for Small Businesses
The International Finance Corporation (IFC), the World Bank’s arm for the development of the private sector in developing countries, has signed a partnership agreement with ... Read More
Netherlands poised to invest more in Tunisia (Mark Rutte)
Netherlands’ Prime Minister Mark Rutte indicated Monday June 26 that the European country is keen to pump more investments in Tunisia, chiefly into renewable energy ... Read More
DRC gets €32.7m loans to address humanitarian challenges in restive Eastern region
The European Union (EU) has provided a fresh credit facility of 32.7 million euros to the Democratic Republic of Congo to be used to provide ... Read More
IFC to invest $100m in Nairobi-listed Diamond Trust Bank to back SMEs hit by pandemic
International Finance Corporation (IFC) will invest 12.18 billion shillings ($100 million) in Nairobi-listed Diamond Trust Bank (DTB) to support small and medium enterprises (SMEs) impacted ... Read More
Protesters in Ghana demand president Akufo-Addo ‘must go’ as inflation worsens
Hundreds of Ghanaians took to the streets of the capital Accra on Saturday (5 November) demanding the resignation of President Nana Akufo-Addo whom they blame ... Read More
AfDB loans Tunisia $80m for food security project
The African Development Bank, AfDB, has accorded $80 million credit facility earmarked to enhance food self-sufficiency and security, through securing the supply of soft wheat, ... Read More
Kenya demands renegotiation of $5bn borrowed from China
Kenya wants to renegotiate a multibillion-dollar loan from China that was used to build a major railway because though the country is up to date ... Read More
Nothing’s free: skepticism grows over China’s debt forgiveness
Skeptics say that despite China’s agreement to forgive interest-free loans to 17 African countries as it seeks to dispel debt-trap allegations, the days of Beijing ... Read More
Tunisia secures €300m from EU to weather pandemic impacts
The European Union released Wednesday €300 million accounting for the second tranche of the bloc’s support for the North African country in surfing the impacts ... Read More