Rwanda: Belgium blocks €40 million aid for freedom and governance
Belgium has decided to suspend its €160million aid agreement that it signed with Rwanda because the latter has failed to attain the targets agreed upon. […]
Finance
Exim Bank extends credit of $ 180 million to expand water systems in Ghana
The Government of Ghana has secured a loan of $180 million from the United States Exim Bank to rehabilitate water supply system nationwide. According to Ghana’s Minister of […]
South Africa: the logistics group Transnet receives a loan of $250 million from AfDB
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”
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
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
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
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
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
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
The World Bank has announced on December 15th , in a statement, the grant of $ 70 million to Côte d’Ivoire to support efforts made […]