The World Bank said it has committed $12 billion to Kenya’s development over the next three years, potentially a major boost to the East African country’s...
Hours after Zambia’s official creditors rejected its bond deal with foreign holders, the International Monetary Fund (IMF) approved a staff-level agreement with Zambia on the second...
Liberia’s President-elect, Joseph Boakai, has vowed to take a close look at mining concessions to ensure they benefit the country. In an interview with reporters on...
Zambia has suffered a significant setback in its attempts to restructure its debt as it announced on Monday that official creditors, including China, refused a revised...
Nigeria’s Securities and Exchange Commission (SEC) says it will focus on infrastructure financing through the capital markets in 2024. The commission’s Director-General, Lamido Yuguda disclosed this...
Ecobank has signed a new $200 million risk-sharing deal with the African Guarantee Fund (AGF) which will allow the disbursement of cheap loans to countries across...
Nigerian President Bola Tinubu will attend the G20 Compact with Africa conference as he seeks to attract investments in energy and infrastructure and boost trade. Nigeria’s...
During the first half of the year ending June 30, 2023 (H1’23), there was an 88.17% year-on-year increase in capital inflow into Nigeria’s manufacturing sector. Data...
A fresh loan of about $178 million has been approved by the executive board of the International Monetary Fund (IMF) for Malawi, with an immediate disbursement...
The International Monetary Fund (IMF) has confirmed that it has reached a staff-level agreement with Kenya, unlocking immediate access to a $682.3 million credit tranche. The...