Lome, Togo/ — Ecobank Transnational Incorporated (ETI) (www.Ecobank.com), has signed a USD 250 million senior unsecured bridge-to-bond Loan Facility with The African Export-Import Bank (Afreximbank) and Africa Finance Corporation (AFC) acting as Global Coordinators and Initial Mandated Lead Arranger.
Category: Investing
Djibouti Opens for Business as Sovereign Fund Confirms Regional Investment Forum Dates
Djibouti City –//One of the fastest growing economies in the world is rolling out the red carpet for international investors this May. The Sovereign Wealth Fund of Djibouti (Fonds Souverain de Djibouti) has today announced the dates for its upcoming Djibouti Forum – Gateway of Opportunities, taking place the 12 to 14 May at the […]
Empowering the Gems in Africa – for Africa
Cape Town, South Africa// — The Mandela Rhodes Foundation (MRF) Scholarship (www.MandelaRhodes.org) is in its 21st year, with applications for the 2025 academic year opening on 14 March 2024.
Ghana Parliament Grants $300m Loan Following Amin Adam’s Intervention on $449m Tax Waiver
Parliament has given the green light to a $300 million loan from the World Bank, designated to support the First Resilient Recovery Development Policy Financing.
EAA Foundation, AFD and Silatech Join Forces in $70 Million Collaboration for Global Impact
Paris, France – Education Above All (EAA) Foundation, in collaboration with Agence Française de Développement (AFD) and Silatech, announced a strategic partnership aimed at creating a significant impact on access to education, climate action and employment opportunities across Africa and Asia.
African Countries Trading More Outside The Continent Than Amongst Themselves- ECA Report
Victoria Falls, Zimbabwe//–The African share of global trade remained at less than 3 per cent, driven largely by merchandise trade, an indicator that African countries continue to trade with the rest of the world more than among themselves, according to a new report on Assessment of progress on regional integration in Africa by the Economic […]
Passage of Anti-LGBTQ+ Bill: IMF Says It Is Monitoring Events In Ghana
The International Monetary Fund (IMF) says it is monitoring events in Ghana following the passage of the Proper Human Sexual Rights and Family Values Bill by Parliament.
AFCON 2023 Fuels 300% Rise in Revenue for Content Creators Across Africa
Abidjan, Ivory Coast. According to new data released from StarNews Mobile, Africa’s leading video streaming platform, content creators across Africa experienced a 300% surge in revenues during the 2023 Africa Cup of Nations (AFCON), reaffirming the massive surge in consumption of hyper-localized content from the continent.
Youth Power: MultiChoice Develops Young Professionals For Future Success
As global populations age, Africa remains a bastion of youthful promise, with around 70% of the continent’s population below the age of 30. This youthful demographic can be an asset – but only if it is developed, by empowering young people through training, and by giving them a stake in the growth of their countries’ […]
OAWLI’s Data: 92% of Women Businesses in Ghana Have Never Exported
Accra, Ghana//-Research data to be released as part of International Women’s Day by Oxford Africa Women Leadership Institute (OAWLI), an enterprise support organisation, indicate, less than 20 per cent of women-led businesses in Ghana have ever exported before.