The China Development Bank has provided more than US$50 billion in investment and financing to about 500 projects in 43 African countries, said Liu Yong, spokesman for CDB, Xinhua news.
Zimbabwe is eyeing a cumulative figure of $2 billion over the next two years on growing demand of sunflower and other oil producing seeds on the international market. Demand for.
“Financing industrialization is not only about chasing money,” Antonio Pedro, Director of the ECA Subregional Office for Central Africa has said. “We need to look at the soft and hard.
South African President Cyril Ramaphosa said the country’s economy would be put on a firmer footing by the re-allocation of 50 billion rand ($3.5 billion) in public spending he announced.
Former Nairobi County Deputy Governor Polycarp Igathe has been named the Managing Director of Equity Bank Kenya, five months after joining Equity Group Holdings Plc. This marks the completion of.
South African President Cyril Ramaphosa will on Friday unveil a stimulus plan to kickstart an economy in recession. “The full details will be delivered by the president this Friday,” Communications.
The 164th Session of the Governing Board of the OPEC Fund for International Development (OFID) has approved over US$270 million of new funding to benefit developing countries across the globe..
Libya’s government of national accord on Wednesday imposed a fee of 183 percent on foreign currency transactions, effectively devaluing the Libyan dinar to bridge the gap to the dominating black.
Egyptian President Abdel Fattah al-Sisi has revealed a huge interest in developing the education and health sectors to improve the living conditions of Egyptians. During the inauguration of a number.
It could be one of the world’s biggest ever bank heists. Authorities in Liberia said Wednesday they were investigating the disappearance of newly-printed bank notes worth $104 million intended for.
