Angola issues first Eurobond for $1.5 billion
Angola, sub-Saharan Africa’s second-largest oil producer, launched its first Eurobond on Thursday with the aim of raising $1.5 billion for long-term economic development, the Finance […]
World Bank
Angola cuts budget by 50% as oil prices fall
The government of Angola, sub-Saharan Africa’s second-largest crude producer, cut spending by half this year following a plunge in oil prices. Vice President Manuel Vicente […]
UN, IMF, IDB seek billions to rebuild Middle East
The United Nations, the World Bank and the Islamic Development Bank announced a joint initiative on Saturday to scale-up financing in the Middle East and […]
Ghana: Gov’t launches $1 billion Eurobond
Ghana launched a $1 billion Eurobond on Wednesday at a 10.75 percent coupon rate, Finance Minister Seth Terkper said in a statement. “The bond is […]
Madagascar to pass long-delayed mining and petroleum bills in October
Madagascar’s Minister for Mines & Petroleum Joeli Valerien Lalaharisaina has declared Madagascar ready to do business with the international community and is currently in the […]
WB provides Angola $650 million to stabilize its economy
The World Bank agreed to give Angola $650 million in financial support to help stabilize an economy that’s reeling from a plunge in oil prices. […]
South Africa: Eskom’s Sere wind farm start full commercial operation
The Sere Wind Farm from Eskom, the South African electricity public utility, recently achieved its full commercial operational capacity of a 100 MW. The achievement […]
Cameroon to set up six new cassava processing units
The government of Cameroon is going to modernize its agriculture sector trough the installation of new processing units. The localities of Edea and Dibombari, in […]
ACWA & Sener to Build $ 2 Bln Solar Power Plants in Morocco
Saudi Arabia’s Acwa Power International and “Sener Ingenieria y Sistemas SA” of Spain have won a $ 2 billion deal to build two solar power […]
Libya a threat to Tunisia, outgoing PM Jomaa
The outgoing Prime Minster of the independent technocratic government Mehdi Jomaa has signaled that despite the efforts to combat terrorism in the country, the threat […]