AfDB grants a second funding of 242 million dollars to Africa’s largest solar power plant
The African Development Bank (AfDB) has announced last week, the agreement of two loans for the project of Ouarzazate solar park, located in the south […]
Finance
The French Bank SOCIETE GENERALE seeks authorization in Togo
After Madagascar, Equatorial Guinea, Ivory Coast, Benin, Burkina Faso, Guinea, Cameroon, Ghana, Senegal, Chad, Morocco, Algeria and Tunisia, the French bank SOCIETE GENERALE has requested […]
The American Congress will vote an emergency financial envelope for military operations in Iraq
The American Congress will vote for an emergency financial envelop to finance military operations against the organization of Islamic State in Iraq and Syria. The […]
Saudi Arabia will invest two billion dollars in Algeria
Some businessmen of Saudi-Arabia are willing to invest in Algeria more than two (2) billion dollars in four months. The information was given by […]
Ethiopia: Africa’s fastest growing economy prepares first dollar bond
A source has revealed that Ethiopia is preparing to follow the footsteps of Ghana, Kenya Senegal and Ivory Coast by selling its first dollar bond. […]
Deutsche Bank to give Egypt $35 million
Egypt’s Investment Minister Ashraf Salman has met with Sebastian Caulfield, Deutsche Bank’s Board of Directors member overseeing the bank’s investment portfolio. With Egypt aspiring to […]
BADEA to finance $ 50 Million worth African development projects
The Arab Bank for Economic Development in Africa (BADEA) has earmarked $ 49.964 million to finance a number of development projects and technical assistance operations […]
Egypt gets EU and WB support to overcome obstacles
Egypt has cashed in on around $600 million that could help it overcome some of the struggles that it has been going through. The government […]
Tunisia: EU gives Tunisia $300m Macro-Financial Assistance
The European Union and the Tunisian authorities have completed the signing of the Memorandum of Understanding (MoU) and the Loan Facility Agreement related to the […]
Egypt : Important project gets $60m loan
The Mall of Arabia shopping center will be benefitting from a $60 million loan from the International Finance Corporation (IFC), a member of the World […]