African Loans

How Emerging Economies Can Overcome Private Sector Risk Perception

The perception of risk associated with investing in emerging markets remains one of the limiting opportunities for a sustainable post-COVID economic recovery. Adopting a more holistic approach to risk mitigation is necessary to improve a country’s attractiveness and business environment and private capital projects. Risk mitigation should be understood as …

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Buhari regime defends Nigeria’s growing foreign lending, lists bogus projects

The presidency has backed the growing external loans that Nigeria is reeling under, saying the loans are meant to finance projects and programs that benefit Nigerians. In a statement released on Saturday, presidential spokesman Garba Shehu listed a few bogus projects and programs the loans would be spent on. The …

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Updates on vaccines, energy and climate change

New South African technology transfer center to replicate Moderna vaccine A technology transfer center in South Africa established in June aims to replicate, with Moderna’s help, the Moderna COVID-19 vaccine, according to a senior official at the World Health Organization. Moderna said in October 2020 that it will not apply …

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Sub-Saharan Africa needs $ 425 billion in financing by 2030 – Adesina

Posted September 18, 2021 African Development Bank President Dr Akinwumi Adesina said Africa needs $ 425 billion in additional gross financing by 2030. He said this in a statement announcing that the Africa Investment Forum was to host its 2021 market days in Abidjan, Côte d’Ivoire. Adesina said, “We look …

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Angolan oil giant Sonangol lost $ 4 billion in pandemic last year

Cars are seen outside the headquarters of Angolan national oil company Sonangol in the capital Luanda, Angola. June 7, 2016. REUTERS / Ed Cropley / File Photo Sonangol 2020 results show loss of $ 4.1 billion Total liabilities stood at $ 26.8 billion The oil giant took out two new …

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The IMF is increasingly picky about its financing

Sep 18, 2021 MALL AFRICANS still hold a grudge against the IMF which dates back to the 1990s when he first became known for the bitter drug he administered. Before any bailout, the fund would insist that countries agree to painful structural adjustment programs that included cutting public spending and …

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Why African governments are accepting Afghan refugees

In the final days of the US withdrawal from Afghanistan, a handful of African governments have raised their hands to welcome Afghan refugees. Rwanda, Uganda, Sudan and the self-proclaimed independent state of Somaliland have offered to host hundreds to thousands of refugees in their countries. These African governments — unlike …

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Exclusive-Nigeria dangote in talks with traders for oil refinery loan

LAGOS / LONDON (Reuters) – Africa’s richest man Aliko Dangote is in talks with some of the world’s biggest oil traders to help finance his mega refinery project outside the center Nigerian commercial from Lagos, sources familiar with the matter said. FILE PHOTO: View of the Dangote Oil Refinery under …

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Autochek acquires online car platforms from ROAM Africa

by Bennett Oghifo Autochek, an automotive technology company facilitating auto finance in Africa and ROAM Africa (Ringier One Africa Media) have reached an agreement for Autochek to acquire the Cheki Kenya and Cheki Uganda automotive markets, as Autochek expands further in the market African. The deal will be finalized in …

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The failure of instant cash lending startups during the pandemic

The failure of instant cash lending startups during the pandemic

Digital lending startups have faced the crisis as borrowers fail to follow the coercive collection tactics of some app-based lenders. Industry representatives said most of these entities lack regulation. At the same time, they admit that some course changes may also be necessary for startups themselves. Digital lending startups are …

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Zillow, United Negro College Fund, and Black Tech Ventures to Host Hackathon for Historically Black College and University Students

To engage HBCU students who have varying levels of technical skills, Zillow’s HBCU Hackathon is open to both students with advanced computer coding experience as well as those with little or no coding experience. Students will work closely with mentors Zillow and BTV. Teams can have up to four members, …

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New Lingard alternative in West Ham equation as Moyes targets African star

Another alternative to Jesse Lingard has entered the transfer equation to West Ham United according to new reports from France. David Moyes is patiently waiting to see if Lingard’s return to West Ham is a possibility following his sensational loan spell last season. With Manchester United adding Cristiano Ronaldo and …

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Africa’s park tourism crash is a wake-up call

THAT African governments have failed to raise funds to conserve their vast protected areas is beyond doubt. Countries barely managed to pay basic salaries to rangers who barely had enough to power their patrol vehicles. COVID-19 has exacerbated this already dire situation, with the loss of income from foreign tourism. …

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Zepz, formerly WorldRemit Group, the leading digital cross-border payments platform, has raised $ 292 million in new Series E primary financing, reaching a valuation of $ 5 billion

LONDON–(COMMERCIAL THREAD) – Zepz, formerly WorldRemit, a digital cross-border payments platform operating two market-leading brands (WorldRemit and Sendwave, acquired in 2021), with over 11 million users1 in 150 countries, today announces that it has raised $ 292 million in new primary funding, reaching a valuation of $ 5 billion. The …

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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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coalition including Google, GivePower and Silfab Solar brings solar power to one of Africa’s oldest national parks and an important school of peace in the Democratic Republic of Congo | Texas News

AUSTIN, Texas, July 20, 2021 / PRNewswire / – GivePower Foundation, a non-profit organization committed to extending the environmental and social benefits of clean and renewable energy around the world, has completed three solar projects in the Democratic Republic of Congo (DRC) in partnership with Nuru, a Congolese renewable energy …

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Campaign aims to free black women from the burden of student debt

Click to enlarge COLUMBUS, Ohio – Black women have more student loan debt than any other group, and a national petition has been launched to write off $ 50,000 in student debt for each borrower. Supporters say it would help build a better future for black women. More than 28,000 …

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Two Nigerians become partners in an American law firm

David-Chyddy Eleke An international law firm, McDermott Will & Emery, which is said to be the largest law firm in the United States of America (United States), announced the addition of two Nigerian lawyers, Emeka Charles Chinwuba and Nexus Uzoma Sea as partners of the firm. While Chinwuba will work …

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Eurobond yields rise on Covid, political nervousness

By JAMES ANYANZWA Kenya Eurobonds traded on the Irish and UK stock markets face moderate demand amid concerns over the Covid-19 pandemic and uncertainties surrounding the outcome of cases to block the Building Bridges bill Initiative (BBI) which aims to expand the size of government through Popular Vote. Kenya has …

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Nigeria seeks $ 1 billion for key gas pipeline pending Chinese loans

The headquarters of the Nigerian National Petroleum Corporation (NNPC) are in Abuja, Nigeria on July 28, 2017. REUTERS / Afolabi Sotunde Chinese infrastructure loans across Africa have plummeted NNPC says it is still seeking funds from Chinese lenders Chinese lenders feel too exposed in Nigeria, source says LAGOS, July 16 …

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Why patience is a virtue in the race to reach net zero

Infrastructure projects in emerging and frontier markets are seldom financially viable on their own due to financial, technical and regulatory barriers. “Patient capital” provides the time and space to start high quality infrastructure projects. Targeted investments of public funds can catalyze private sector investments in infrastructure projects that contribute to …

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West Africa: factoring offers an alternative to financing for SMEs – Central Bank of West African States

Factoring, which is a financial management technique allowing a company to liquidate its receivables and recover liquidity, can be an alternative and complementary solution to financing, in particular for SMEs and SMIs the Governor of the Central Bank of the States of West Africa (Bceao), Tiémoko Meyliet Koné declared during …

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Elan joins AACUC to boost diversity

Credit card issuer Elan is now the newest member of the African American Credit Union Coalition (AACUC), a nonprofit organization of African American professionals working on credit diversification, Elan said in a statement. release emailed to PYMNTS. The partnership will mean more resources for AACUC, to help continue its mission …

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Turkish Airlines increases wages and secures funding backed by MAX Jets

Things are starting to improve at Turkish Airlines. As it faces an improving global recovery, the carrier has received new funding from US-based Castlelake, backed by four new 737 MAX jets. On top of that, the airline also publicly announced that it would be increasing the salaries of its employees. …

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Manchester City aim for Barcelona’s Antoine Griezmann

22:34 GMT Nick juddTransfer writer Barcelona’s Antoine Griezmann is attracting interest from Man City, the Premier League team. CRISTINA QUICLER / AFP via Getty Images Amid all the action from Euro 2020 and Copa America, the summer transfer window has opened, with Europe’s biggest clubs looking to make a splash …

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Smile Identity Raises $ 7 Million to Create KYC and Identity Verification Tools for Africa – TechCrunch

An estimated one billion people around the world face the challenge of proving who they are, aAccording to a report by the World Bank Group which indicates that 81% of this number live in sub-Saharan Africa and South Asia without official proof of identity. It is not news that Africans …

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Eyes on Africa’s growing debt – Opinion – The Guardian Nigeria News – Nigeria and World News

FILE: Chinese President Xi Jinping (R) speaks with Nigerian President Muhammadu Buhari in Beijing, capital of China, April 12, 2016 (Xinhua / Rao Aimin) In recent times, African leaders have spotted a defining moment and seized the opportunity to borrow money recklessly with some confidence guided by the propaganda that …

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Ecobank Group takes a new step in financial inclusion in Africa

The Ecobank Group (www.Ecobank.com) and Semoa, a Fintech based in Lomé, enable mobile money users in Togo to perform banking transactions faster and easier, across the Western Economic and Monetary Union. African ( UEMOA) via a new digital banking service via Whatsapp called “Express cash by Semoa”. The Ecobank Group, …

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Barcelona winger Francisco Trincao joins Wolves on season-long loan

Barcelona winger Francisco Trincao has joined Wolves on a one-season loan with an option to make the deal permanent, the Spanish club announced on Sunday. The 21-year-old is Barca’s latest hope to leave the club this summer, with defender Jean-Clair Todibo and winger Konrad De La Fuente having left Camp …

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The risk of default in Africa has increased – AfDB

The African Development Bank said the risk of default is increasing among African countries. This statement was included in the Strategy for Economic Governance in Africa, which was launched on Friday by the AfDB. The economic strategy document said that countries have developed debt vulnerabilities due to the decline in …

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African All Stars Transfer News & Rumors: Liverpool watch Brighton’s Bissouma to replace Wijnaldum

Goal brings you all the latest news, rumors and offers related to African stars around the world Liverpool watch Bissouma Liverpool are targeting Brighton & Hove Albion midfielder Yves Bissouma as they look to replace Gini Wijnaldum. According to Echo of Liverpool , Bissouma is among the players on the …

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Tax increases on airtime and unwanted bank loans

Editorials Tax increases on airtime and unwanted bank loans Thursday 01 July 2021 President Uhuru Kenyatta signs the Income Division Bill 2021 at State House, Nairobi, April 30, 2021. PHOTO | PSCU By DAILY BUSINESSMore from this author summary With the stroke of a pen, President Uhuru Kenyatta will confirm …

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Sudan approved debt relief, $ 2.5 billion in IMF funding

Sudan’s unusually high debt burden A country in the throes of a deep economic crisis Government struggles to finance imports Prime Minister welcomes “big day” June 29 (Reuters) – Sudan on Tuesday received approval from the International Monetary Fund for more than $ 56 billion in debt relief and new …

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Congo signs deal for two 100 MW solar power plants in copper belt

KINSHASA, June 29 (Reuters) – Democratic Republic of Congo public utility company SNEL on Tuesday announced that it has signed power purchase agreements for the construction of two 100 megawatt (MW) solar power plants in the south -is rich in copper and cobalt. for over $ 300 million. SNEL has …

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Russian mercenaries behind war crimes in Africa, UN says

NAIROBI, Kenya – Russian mercenaries deployed to one of Africa’s most fragile countries killed civilians, looted homes and gunned down worshipers in a mosque during a major military operation earlier this year, discovered United Nations investigators. The accusations of atrocities are documented in a report for the UN Security Council …

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Morocco obtains EUR 37.5 million EIB loan to improve water supply

The European Investment Bank (EIB) has lent 37.5 million euros to the National Electricity and Drinking Water Company (ONEE) of Morocco to rehabilitate and improve water supply and distribution infrastructure in the country. An agreement was signed on Friday by both parties. EIB financing will help the Kingdom of North …

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Nigerian man charged with unemployment scam will remain in jail

SEATTLE (AP) – A Nigerian government official arrested in connection with a $ 650 million unemployment fraud in Washington state will remain in jail until his trial, a federal judge said on Friday. U.S. District Judge Benjamin Settle of Tacoma agreed with federal prosecutors that Abidemi Rufai, 42, posed a …

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Alok Sharma to address the African Development Bank in June 2021

Greetings to all of you. And thank you for inviting me to join you today. My friends, I am absolutely determined that COP26 will be a COP in the service of African nations. That it will support the countries of this continent to respond to the climate crisis, to seize …

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FSD Africa Investments Approves $ 4.5 Million Funding for Renewable Energy Financing Intermediary Nithio FI

Wednesday, June 23, 2021 / 4:00 p.m. / FSD Africa / Header image credit: FSD Africa FSD Africa Investments (FSDAi), the investment arm of FSD Africa, rrecently invested US $ 4.5 million in Nithio FI, a renewable energy finance intermediary focused on the off-grid solar sector Pay as You Go …

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EIB approves EU funding of 80 million for geothermal energy in East Africa

Rig up on the site of Aluto Langano, Ethiopia (source: Teka Nigussie Gebru) The European Investment Bank has approved funding of € 80 million to unlock up to € 500 million in funding for geothermal energy projects led by the private sector in East Africa. As part of a larger …

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How fintech is driving the digital revolution in Africa

Fintech can help African countries transform their economies. (Alistair Berg, Getty Images) The African continent has embraced the mobile fintech revolution. Not only is it home to some 300 million users, the largest number of accounts in the world, but more than 500 African companies offer technological innovations in financial …

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The digital divide risks leaving millions of rural families in poverty

Despite a massive increase in the number of migrants sending money home via digital transfers due to the COVID-19 pandemic, millions of their rural family members are struggling to access mobile banking services that could potentially affect them. help to get out of poverty. The president of the United Nations …

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African All Stars Transfer News & Rumors: Chelsea to add Loftus-Cheek to Hakimi offer

Goal brings you all the latest news, rumors and offers related to African stars around the world Chelsea add Loftus-Cheek to Hakimi’s offer Chelsea are ready to add Ruben Loftus-Cheek to their offer to sign Inter Milan winger Achraf Hakimi, according to La Gazzetta dello Sport. Les Bleus are keen …

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Beyond vaccine hesitancy: It’s time for Africa to expand its vaccine manufacturing capacity amid growing COVID-19 vaccine nationalism

In The Lancet Microbe, Paul Adepoju provides a report 1 Africa is preparing for COVID-19 vaccines. on Africa’s delay in the global race to roll out mass vaccination against COVID-19. This race is unprecedented and characterized by high-income countries adopting strategies such as pre-ordering millions of doses before COVID-19 vaccines …

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The ALYI EV pilot in Africa benefits from IQST and the UN

Dallas, Texas, June 18, 2021 (GLOBE NEWSWIRE) – Alternet Systems, Inc. (OTC Pink: ALYI) today released a management update after performing a scheduled review of its electric motorcycle development program last week with the dedicated design team of MODUS Applied Innovations. The review and corresponding update include details of iQSTEL’s …

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Lions loan rivals Hacjivah Dayimani and Wiehahn Herbst to rivals

the Lions announced they have loaned term Hacjivah Dayimani and Wiehahn Herbst to his fellow First Division Currie Cup rivals, Western Province and the Sharks, respectively. In a move that will shock many, the Lions have confirmed that free forward Dayimani, as well as heavily traveled mainstay Herbst, are scheduled …

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Flint’s new DDA director is the first woman and the first African-American to hold the post

FLINT, MI – The Downtown Development Authority of Flint has hired a new executive director and made history in the process. Kiaira May, who worked at Quicken Loans and Bedrock Real Estate in Detroit, was unanimously appointed to the post by the DDA board of directors and began her work …

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Karen Comer Lowe appointed Executive Director of Hammonds House Museum, Atlanta institution known for its collection of African-American art

AN ATLANTA INSTITUTION with a formidable collection of black art, the Hammonds House Museum announced Karen comer lowe is its new managing director and first chief curator. Comer Lowe has a wide range of experiences in the Atlanta arts scene, having most recently served as director and curator at the …

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Nigeria records highest number of fintech app installs in Africa

The pandemic has radically transformed the way consumers interact with fintech and how it works. Fintechs have grown rapidly, thanks to digital transformation in 2020. Mobile apps have played a key role in transforming fintech across the globe, especially in regions with unbanked or underbanked populations. According to a report, …

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South African President Ramaphosa urges G7 countries to close Covid-19 funding gap

Ramaphosa, who joined a wealthy democracies club summit in England and addressed them on Saturday, said the G7 countries, which together account for more than half of global production, should support the accelerator of access to Covid-19 tools to plug the $ 16.8 billion funding gap for this year. “We …

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FACT SHEET: US and G7 + partners to deliver more than 2 billion vaccines globally

The United States and our G7 partners are mobilizing to defeat COVID-19 through historic funding, donations and capacity building, demonstrating how democracies can provide for our people and the world. This week in Cornwall, the United States and G7 + leaders announced more than a billion safe and effective COVID-19 …

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African All Stars Transfer News & Rumors: Besiktas prepares Awaziem’s ​​return to Super Lig

Goal brings you all the latest news, rumors and offers related to African stars around the world Besiktas prepares Awaziem’s ​​return to Super Lig Turkish champions Besiktas are looking to bring Nigerian defender Chidozie Awzaziem back to Super Lig. According to Ortacizgi, the Black Eagles are ready to pay € …

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South Sudan: New funding to address acute food insecurity and the locust crisis – South Sudan

WASHINGTON, June 8, 2021– South Sudan will benefit from two new projects totaling $ 116 million that aim to build the capacity of farmers, improve agricultural production and restore livelihoods and food security. South Sudan faces increasing levels of food insecurity despite increased production, with exceptionally high food prices limiting …

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New funding to address acute food insecurity and the Desert Locust crisis

WASHINGTON, June 8, 2021– South Sudan will benefit from two new projects totaling $ 116 million that aim to build the capacity of farmers, improve agricultural production and restore livelihoods and food security. South Sudan faces increasing levels of food insecurity despite increased production, with exceptionally high food prices limiting …

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Climate change is a threat to transport systems in Africa: what to do

Worst disruption to Tanzania’s multimodal transport networks could lead to losses of up to $ 1.4 million per day Transport infrastructure, such as roads and rail systems, is one of the sectors most threatened by climate change. Extreme weather events, such as flooding, sea level rise and storm surges, repeatedly …

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Bank worker involved in Rand 1.5million loan scam

A former employee of Capitec Bank is one of three people implicated in a loan scam to Graaf Reinet, to the tune of R 1.5 million. One of them, Heinrich Presensie, 36, was sentenced by the commercial crime court in Gqeberha on Wednesday, June 9, 2021, after pleading guilty to …

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What Africa Check found in the White Spiritual Boy Trust rabbit hole

By researcher Naledi Mashishi Africa Check does not hesitate to verify the absurd. We have investigated allegations that dead sirens were found in the swimming pool of a South African president. And did a Prophet really dare a lion to fight in Kruger National Park? But I didn’t expect my …

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Having trouble getting a home loan?

It was recently reported that 80.7 percent of ooba home loan applicants secured financing in the first quarter of 2021. Fifteen percent of applicants were turned down due to lack of affordability and lack of bad credit rating. Of those rejected homeowners, 44% were turned down by their own bank. …

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Climate change and the future of development finance in Africa

For three days last week, from June 1 to 3, 2021, the African Development Bank (ADB) and the Association of African Development Finance Institutions (AADFI) hosted a webinar aimed at enlightening stakeholders on the challenges and opportunities facing development finance in Africa. Some of the issues discussed include foreign direct …

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Poor countries urge G-7 members to share more Covid-19 vaccines

Public health officials and leaders in developing countries should pressure the Group of Seven countries to pledge large Covid-19 vaccine donations and billions in funding during a summit later this week, saying the developing world needs more help to emerge from the worst of the pandemic. High vaccination rates are …

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The Natan Fund helps new entrepreneurs achieve their dreams

“We have helped hundreds of new small businesses to open in Israel since the start of the coronavirus pandemic,” said Dorit Simonovich Lahav Tsur, manager of the Natan Fund. “Instead of giving fish to the poor, we give them fishing rods so that they can support themselves. “ The Natan …

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EXCLUSIVE In boost for Africa, Senegal aims to take COVID snapshots next year

Senegal could start producing COVID-19 vaccines next year as part of a deal with Belgian biotech group Univercells to boost drug-manufacturing ambitions in Africa, a source involved in the process told Reuters. project funding. As rich countries begin to reopen after securing vaccine supplies early, African countries are still struggling …

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African All Stars Transfer News & Rumors: Chelsea open for Ziyech sale

Goal brings you all the latest news, rumors and offers related to African stars around the world Chelsea open for sale from Ziyech Premier League side Chelsea are set to sell Hakim Ziyech this summer, according to Calciomercato. The Morocco international has struggled to win with the Champions League winners …

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Outlook for Africa Finance Corporation’s rating upgraded to stable by Moody’s

NEW YORK,–(COMMERCIAL THREAD) – Africa Finance Corporation, the leading provider of infrastructure solutions in Africa, received an increase in its credit rating outlook from Moody’s Investors Service, which assigned a “stable” outlook. The decision ratifies the second investment grade ranking among African institutions for AFC, with Moody’s upholding the company’s …

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The Latest: Arizona State-Managed Vaccination Sites Closed | national news

Doctors at hospitals treating COVID-19 patients around the state cannot remember a single death of a vaccinated person. Yet health officials are struggling to convince certain groups to get vaccinated, especially young people and minorities. Hispanic and black residents continue to be hospitalized at disproportionately high rates, according to state …

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On the occasion of Africa Day, Casablanca Finance City (CFC) tackles preconceived ideas on the continent

Casablanca, Morocco – (COMMERCIAL THREAD) – Casablanca Finance City (CFC) (https://CasablancaFinanceCity.com), the leading financial center in Africa, celebrates Africa by producing a web-TV program, CFC Talks – Special Africa Day (https: // bit.ly / 3vMGMl0), to fight against preconceived ideas on the continent and raise awareness of its potential by …

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Salah and Aina among Premier League goal of the season nominees

The goals of the Egyptian and Nigerian stars were shortlisted for the annual distinction of the English elite division Goals from Mohamed Salah and Ola Aina have been nominated for the Premier League goal of the season award. Salah played a crucial role in Liverpool’s third place in the English …

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Two Ethiopian projects show ‘railpolitik’ in action

Ten years ago, when late Ethiopian leader Meles Zenawi planned 5,000 km of standard gauge railway, the landlocked country got a $ 2.5 billion loan from China Eximbank. This loan was linked to the construction of an 800 km east-west railway line between Addis Ababa, the capital, and the port …

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Feasibility of Renewable Energy in Ethiopia by Analyzing Financing Options |

Featured Image: Stock RES4Africa and BonelliErede recently discussed project finance, mitigation tools and more in an online meeting focused on Ethiopia and its renewable perspectives. BonelliErede, an international law firm, together with the RES4Africa Foundation, an organization dedicated to promoting renewable energy in Africa, addressed the management of bankability issues …

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ICC Prosecutor Urges Sudan To Hand Over Darfur Suspects | Voice of America

CAIRO – The International Criminal Court prosecutor on Sunday urged the transitional government of Sudan to hand over suspects wanted for war crimes and genocide in the conflict in Darfur, the official Sudanese news agency reported. ICC Prosecutor Fatou Bensouda arrived in Sudan’s West Darfur region on Saturday to meet …

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IMF agrees to provide $ 1.5 billion loan to DRC

The staff of the International Monetary Fund have agreed to provide $ 1.5 billion to the Democratic Republic of the Congo over the next three years, likely securing the country’s first official lending program with the lender since 2012. The agreement, which has yet to be definitively approved by IMF …

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