Africa Finance Corporation Raises US$524m Samurai Loan Facility
Infrastructure solutions provider Africa Finance Corporation (AFC) has closed a US$524 million equivalent dual-currency Samurai term loan facility.
Marriott International Debuts in the DRC with Two Hotels
Marriott International has made its debut in The Democratic Republic of the Congo (DRC) with the openings of Protea Hotel by Marriott Kinshasa and Four Points by Sheraton Kinshasa.Afreximbank Raises US$ 527mn in Second Samurai Bond Transactions
Afreximbank has closed its second Samurai bond transaction, securing a total of JPY 81.8 billion (approx. USD 527 million) through Regular and Retail Samurai BondsAfrica Finance Corporation Secures US$ 75Mn Credit Line from the Arab Bank for Economic Development in Africa
Africa Finance Corporation (AFC) has secured a US$75 million term loan facility from the Arab Bank for Economic Development in Africa (BADEA)Paystack Fires Co-Founder Ezra Olubi Amid Sexual Misconduct Claim
Paystack, has dismissed its co-founder and chief technology officer (CTO), Ezra Olubi, amid public allegations of workplace and sexual misconduct
G20 Summit South Africa: African Nations to Form ‘Borrowers’ Club’
African finance ministers are moving to establish a collective “Borrowers’ Club” aimed at strengthening the negotiating power of the continent’s debtorsMorocco, Ghana Move to Regulate Booming Crypto Markets
Morocco and Ghana are racing to formalize their fast-growing crypto sectors, introducing licensing and Anti-Money Laundering (AML)-heavy frameworksAfDB Rallies Stock Exchanges to Reinvent Africa's Financial Future
The African Development Bank Group (AfDB) has urged capital market players to help bridge the financing gap for the continent's development needsDigitizing Trade Stumbles on Costs, Standards
Report identifies interoperability gaps, regulatory inconsistencies and implementation challenges as the most significant obstacles to digitising trade.Hidden Debt Hits Senegal as Nigeria, Côte d’Ivoire Gain Rating Stability- S&P Review
AfDB Approves US$ 310mn for FirstRand Bank
The African Development Bank (AfDB) has approved a $310 million financial package to FirstRand Bank, a wholly owned subsidiary of the FirstRand GroupSenegal Pushes Back Against IMF Debt Restructuring Proposal
Senegal’s government is pushing back against IMF pressure to restructure its growing debt, arguing that such a move would tarnish the country’s reputation.
