African Loans

Nigeria to explore DFC option in infrastructure finance – Minister | The Guardian Nigeria News

The HMIC, Alh. Lai Mohammed The federal government has said it will explore the American International Development Finance Corporation (DFC) to find funds for its infrastructure development. The Minister of Information and Culture, Alhaji Lai Mohammed made it known Saturday in Washington after a meeting with Mr. Johnnie Carson, senior …

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Cassbana, Egypt is expanding rapidly by offering financial identities to unbanked communities

Egyptian fintech start-up Cassbana, which builds financial identities for underserved and unbanked communities, has grown rapidly and has already provided more than 10,000 loans in 14 cities. Founded in June of last year, Cassbana uses machine learning and AI to deliver financial identities to underserved and unbanked consumers, with its …

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Moove raises $ 23 million to create flexible options for drivers to own cars in Africa – TechCrunch

Africa is home to over a billion people, the majority of whom have little or no access to auto finance. In fact, the continent has the lowest per capita car ownership rate in the world. In 2019, Africa had less than 900,000 new vehicle sales. The United States sold more …

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Bernardo Silva desperate for Barcelona move after Man City exit

The summer transfer window is in its final month for the big European leagues, which means the biggest clubs are looking to make a splash in the market before the start of the new season. Check out the latest gossip below, and check out all the official offers here. TOP …

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Tunisia puts Ennahda official under house arrest, colleague says

A Tunisian flag flies in front of the headquarters building of the moderate Islamist party Ennahda in Tunis, Tunisia, July 29, 2021. REUTERS / Ammar Awad / File Photo TUNIS, Aug.6 (Reuters) – The Tunisian interior ministry has placed under house arrest a senior official from the moderate Islamist party …

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Church in United States undertakes fundraising for Africa

American Bishops call on the faithful to give generously to support their Catholic brothers and sisters in Africa, saying their commitment will make a real and tangible difference in the lives of countless people. By Vatican News reporter The Church in the United States traditionally dedicates the months of July …

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City of Jackson seeks up to $ 5.5 million in bonds for planetarium and arts center

JACKSON, Mississippi (WLBT) – African manuscripts that have stood the test of time for centuries face a new threat: high temperatures caused by a faulty HVAC system at the Mississippi Center for the Arts. The center on Pascagoula Street was virtually inoperative for more than a month after the CVC …

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Partners strengthen Africa’s fight against COVID-19 and poverty

An engineer works at the Soroti power plant in Uganda in December 2016. The plant was developed in partnership with USAID’s Power Africa. (© Isaac Kasamani / AFP / Getty Images) The United States and its international partners are investing $ 80 billion in Africa’s private sector to help end …

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Seychelles: African Development Bank approves $ 20 million loan to support Covid-19 recovery – Seychelles

The Board of Directors of the African Development Bank Group approved a flexible loan of $ 20 million to finance the Seychelles Governance and Economic Reform Support Program, which is expected to contribute to the macroeconomic stability of the island nation and recovery after Covid-19 in the medium term. The …

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UAP gets more time to settle Sh8bn Old Mutual, Stanbic loan

Companies UAP gets more time to settle Sh8bn Old Mutual, Stanbic loan Wednesday, July 21, 2021 UAP Insurance Building in Nairobi. PHOTO FILE | NMG By VICTOR JUMAMore from this author summary Insurance group UAP Holdings has restructured 8 billion shillings in loans from its parent company Old Mutual Holdings …

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