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Finance

South Africa: the logistics group Transnet receives a loan of $250 million from AfDB

December 22, 2014 Khalid Al Mouahidi 0

The African Development Bank (AfDB) has announced on Friday, to grant a loan of $ 250 million to the public logistics group Transnet of South […]

KENYA: Lake Turkana Wind Power project (LTWP) named “Best Power Project of 2014”

December 22, 2014 Khalid Al Mouahidi 0

Located in northern Kenya, LTWP, the largest wind power project in Africa has been finalized, after eight years of preparation. Earlier this month, the project […]

DRC: South Korea allocates $ 8.5 million to support development sectors

December 20, 2014 Khalid Al Mouahidi 0

South Korea will provide financial assistance of 8.5 million US dollars to the Democratic Republic of Congo (DRC) in 2015, announced Wednesday, December 17th by […]

Burundi: AfDB donates $ 10 million to support economic governance reforms

December 20, 2014 Khalid Al Mouahidi 0

The African Development Bank (AfDB) has granted a loan of US $ 10,249,000 to the Republic of Burundi on the 18th December 2014. The statement […]

Angola: China gives state company $2bn

December 19, 2014 Geraldine Boechat 0

State owned energy company, Sonagol, has been given a $2billion loan by the Chinese government to help the company pursue the expansion of its oil […]

Morocco: Attijariwafa Bank borrows € 73 million from AfDB to its expansion plan in Africa

December 19, 2014 Khalid Al Mouahidi 0

The African Development Bank (AfDB) finances the Moroccan bank Attijariwafa expansion plan in Africa for € 73 million. In a statement released on the 16th […]

World Bank approves 50 billion CFA francs for agricultural markets in Cameroon

December 19, 2014 Khalid Al Mouahidi 0

The government has received from the World Bank a loan of US $ 100 million for its investment project and development of agricultural markets. The […]

Ivory Coast: World Bank grant $ 70 million for the administration and the private sector

December 19, 2014 Khalid Al Mouahidi 0

The World Bank has announced on December 15th , in a statement, the grant of $ 70 million to Côte d’Ivoire to support efforts made […]

Cameroon: Orange wants to invest 1,500 billion CFA over the next 10 years

December 19, 2014 Khalid Al Mouahidi 0

Orange Cameroon, the subsidiary of France Telecom plans to invest nearly 1,500 billion CFA over the next 10 years for the development and operation of […]

BOAD plans to provide loans over 1100 billion CFA francs over the four next years.

December 17, 2014 Khalid Al Mouahidi 0

  The West African Development Bank announced on December 16th in a statement its plan of 1100 billion CFA loans over the period of 2015 […]

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