The AfDB launched its Room2Run initiative last month which effectively freed up $700m off the bank’s balance sheet. The Africa50 fund officially opened its headquarters in Casablanca, Morocco, in [...]
New Delhi: Half a dozen marque investors, including Warburg Pincus LLC, Temasek Holdings, Singapore Telecommunications Ltd and SoftBank Group Corp, will invest a combined $1.25 billion in Bharti [...]
Rwanda’s Bank of Kigali has priced its rights issue at 270 francs per share, seeking to raise 60 billion francs ($67.81 million), it said in a statement [...]
On 2 July, the PSA Group – manufacturer of the Peugeot, Citroën, DS, Opel and Vauxhall brands – produced its first vehicle assembled in Morocco at the brand new [...]
frican exchanges largely performed well in 2018, but there are some challenges taking shape African stock exchanges have performed fairly well on the whole this year, but [...]
Africa Finance Corporation (“AFC” or “the Corporation”) (www.AfricAFC.org), the leading infrastructure development finance institution in Africa, announces its successful acquisition of a loan facility from the Export-Import Bank [...]
