African Loans

East African countries embark on lending frenzy to fill huge budget deficits

By ALLAN OLINGO East African economies are starting the new year with a borrowing frenzy with their eyes riveted on commercial debt to boost their economies out of the downturn in the Covid-19 pandemic. Kenya, Tanzania and Uganda have indicated they will be in the market as early as this …

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January transfer window – Ranking every big signing of the best European clubs

The coronavirus pandemic continues to impact football finances, but unlike in recent times, the January window will be open as usual for top European leagues. (Find out when each league’s window opens and closes here.) 2 Related European clubs from Italian Serie A (550 million euros), German Bundesliga (415 million …

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Barcelona make Alvaro Morata first January target after talks with Juventus and Atletico

10:56 GMT Sam marsden Moises Llorens Barcelona made Alvaro Morata their first goal for January after signing Ferran Torres for € 55million, sources have confirmed to ESPN. Morata, 29, is on loan to Juventus from Atletico Madrid, but sources have told ESPN he is ready to cut his time in …

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Ethiopia’s war and conflicts in Sudan, South Sudan and Somalia will shape 2022

welcome to Foreign police‘s Africa Brief. This week’s edition is the last of the year. Below, we take a look at the conflicts that will shape Africa over the coming year and other things we will monitor, from the governance crisis in Somalia to the stalled transition in Sudan. See …

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Saidy Janko: From Old Trafford to Gambia and the Africa Cup of Nations

Janko made stints at Manchester United, Celtic, St Etienne and Porto before joining Valladolid in October 2020 Swiss Real Valladolid defender Saidy Janko said Gambia’s qualification for the Africa Cup of Nations had a significant impact on their decision to represent the Scorpions. The marauding full-back made his international debut …

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Review: Notable events that defined African policy in 2021

ELECTIONS HELD IN AT LEAST 12 COUNTRIES 2021 was a year of presidential elections on the continent. In January, Ugandan President Yoweri Museveni was re-elected to a 6th term amid intense and deadly opposition protests. Then in Niger it took two rounds to give the country a new ruler when …

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Nonprofits with big COVID-19 roles now come under close scrutiny

At St. Paul-based African Economic Development Solutions, an organization that primarily helps businesses run by immigrant entrepreneurs, the past year was unlike any other in the organization’s 13-year history with purpose. non-profit. “It was crazy business,” said founder and CEO Gene Gelgelu. He said the association’s lending, granting and advisory …

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Grit Real Estate raises $ 156.7 million

Grit Real Estate, the pan-African real estate company, raised $ 156.7 million through an open offer and placement. A portion of the proceeds, $ 80.6 million, was realized through the issuance of 155 027 444 new ordinary actions to the shareholders the development company Gateway Real Estate Africa Limited (GREA) …

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Stricter loan criteria for independent bond seekers in South Africa

The impact of the pandemic on small and medium-sized businesses in South Africa is clearly demonstrated by the drop in the number of bail applications filed by independent applicants since the initial lockdown in March last year. That’s according to Kay Geldenhuys, head of sales execution at Ooba, who says …

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IMF Executive Board Concludes Annual Discussions on CEMAC Common Policies and Common Policies in Support of Member Countries’ Reform Programs

Download logo The IMF Executive Board concludes annual discussions on CEMAC common policies and common policies in support of member countries’ reform programs. The pandemic crisis which lasted nearly two years left CEMAC in a fragile external position. A tougher political stance, high oil prices and renewed commitments from heads …

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