South Africa has secured a 150-million-U.S.-dollar development policy loan from the OPEC Fund for International Development to support infrastructure reforms aimed at boosting economic growth […]
The African Development Bank (AfDB) on Wednesday, March 11, launched its Country Strategy Paper for 2025–2030 for Namibia, outlining a range of financing and investment […]
The African Development Bank Group (AfDB) has granted nearly 18 million US dollars in additional debt relief to Somalia, according to an announcement made on […]
Mozambique paid more than US$42.2 million to China in debt service over a three-month period, making Beijing its largest bilateral creditor, according to data from […]
The African Development Bank (AfDB) has pledged a $500 million loan towards Ethiopia’s new $10 billion international airport in Bishoftu, southeast of Addis Ababa. The […]
Angola’s Ministry of Finance has secured a $400 million loan from U.S.-based bank JP Morgan, backed by a public debt issuance of $1.5 billion as […]
The European Union has committed to a €91-million-loan package to strengthen Cameroon’s infrastructure over the next three years. The agreement, announced in Yaoundé, aims to […]
The World Bank has granted Nigeria a $2.25 billion loan to bolster revenue and support economic reforms that have inadvertently contributed to the country’s worst […]
Ethiopian authorities seek to borrow 3.5 billion dollars from the IMF and a similar amount from the World Bank to meet its hard currency needs, […]
The Bank of Cape Verde on Monday August 21 warned of the high level of non-performing loans on the balance sheet of banking institutions in […]
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