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loan

BRICS bank Okays $600 mln loans for South Africa, China

July 24, 2018 Geraldine Boechat 0

The BRICS Development Bank has approved loans of $300 million for energy projects in South Africa and $300 million for a transportation project in China. […]

Namibia gets $218 million loan from AfDB

July 20, 2018 Steven Addamah 0

Namibia secured a $218 million loan from the African Development Bank, the second tranche of a quarter billion dollar facility from the Bank. The loan […]

Mauritania inks nearly $17 million loan agreement with IMF

March 26, 2018 Geraldine Boechat 0

The International Monetary Fund (IMF) has concluded an agreement of $16.56 million with Mauritania as the West African nation’s economic recovery has been confirmed with […]

Morocco secures $2 billion funding from AfDB

February 6, 2018 Khalid Al Mouahidi 0

The African Development Bank’s (AfDB) vice president, Khaled Sherif, last weekend said Morocco will benefit from a $2 billion financing from the Bank over the […]

Angola & China state-run oil companies agree 10-year oil deal

December 17, 2015 Khalid Al Mouahidi 0

China’s state-owned oil company, Sinochem Group said on Wednesday it had signed a deal with Angolan state-owned producer Sonangol to buy crude oil for more […]

EBOLA: IMF disburses a loan of $ 63.6 million to Guinea

February 20, 2015 Khalid Al Mouahidi 0

The International Monetary Fund (IMF) has announced the immediate disbursement of $ 63.6 million in favor of Guinea to support the fighting against the Ebola […]

IMF approves $688 million precautionary loan for Kenya

February 4, 2015 Khalid Al Mouahidi 0

The International Monetary Fund has announced on the 12th February, a precautionary credit line of nearly $ 688 million for Kenya to prevent the country […]

US government becomes Jordan’s loan guarantor

August 15, 2013 Steven Addamah 0

The United States have decided to come to Jordan’s rescue by willing to serve as a guarantor for its loans. The kingdom of Jordan is […]

Egypt and the IMF: towards a bigger loan?

April 8, 2013 Steven Addamah 0

The update given by the Egyptian Planning Minister after talks with the International Monetary Fund has raised eyebrows. Minister Ashraf El-Araby described the talks as […]

Egypt: ADB investment and development loan

December 6, 2012 Steven Addamah 0

Egypt’s search for funding has been given another facelift as the African Development Bank (ADB) decides to help the country get over its troubles. The […]

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