Ghana
Ghana: IPPs reject $1.3bn government debt restructuring proposal
The Chamber of Independent Power Producers (IPPs) has rejected any idea of restructuring arrears of its members as part of the ongoing or ...
Morroco
Morocco: IMF Approves US$5bn Flexible Credit Line for Morocco
The International Monetary Fund (IMF) Executive Board has approved a two-year arrangement for Morocco under its Flexible Credit Line (FCL) in an amount ...
Ghana
Ghana: DBG to Provide Partial Credit Guarantee Share Risk – Deputy MD
Development Bank Ghana (DBG) is to introduce a guarantee product to share the burden of risk with financial institutions the organisation lends to. ...
Mozambique
Mozambique: The World Bank gives Mozambique $300 million to improve its access to finance and economic opportunities
The International Development Association (*IDA) will pay for the Mozambique Access to Finance and Economic Opportunities Project (Mas Oportunidades) with a $300 million ...
Egypt
Egypt: Camel Ventures announces the opening of a $16 million fund for Egyptian fintech startups
Camel Ventures, based in Egypt, has revealed the launch of Camel Ventures for Investment I, its first venture capital investment vehicle. (CVI). The EGP 500 ...
Africa
Africa: Kenya, Congo and Chad Accede to Afreximbank’s Fund for Export Development in Africa (FEDA) Establishment Agreement
The Republics of Kenya, Congo and Chad are the latest signatories to the Establishment Agreement of the Fund for Export Development in Africa ...
News
Nigeria: Unity Bank holds financial literacy training for students
Unity Bank Plc has facilitated financial literacy training in thirty-one schools across Nigeria as part of the lender’s activities marking Global Money Week ...
News
Nigeria: External reserves fall by $1.46bn in two months- CBN
The country’s external reserves fell by $1.46bn between January and March, figures obtained from the Central Bank of Nigeria have revealed. The reserves ...
News
ECOSOC: Nigeria Renews Call for Fair International Tax Practices
Nigeria has again called on the United Nations and the International Tax Community to forge an inclusive, equitable, fair and universally beneficial international ...
Africa
Africa: Singapore and Malaysia launch cross-border QR-code merchant payments
Singapore and Malaysia have linked their payment systems, enabling shoppers to make purchases across borders by scanning QR codes. Launched by the Monetary ...