Most Recent News

Gabon Signs $200mln Loan Accords on Two Infrastructure Projects

Gabon has recently signed agreements with the Development Bank of Central African States (BDEAC) for loans on two major infrastructure projects totaling more than $200 million. The accords, which were.

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Electricity in Rural East Africa Has Come to Stay

In the light of various challenges faced by Tanzania as regards the electrification of the country, and the assertions by analysts that this project would not see the light of.

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Nigeria: IMF Chief Applauds Anti-corruption Efforts, Urges Diversification

The head of the International Monetary Fund (IMF) has recently endorsed Nigeria’s efforts to tackle corruption, while stating that the country needs to reduce its reliance on oil by the.

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AfDB to Fund Construction Of Power Project In Sierra Leone

As part of African Development Bank’s (AfDB) efforts to improve power availability in Africa, its Board of Directors has recently in Abidjanapproved a senior loan of up to USD 20.

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AfDB Supports Eskom for Construction Of Power Stations In SA

As part of efforts to boost electric power supply in South Africa, the Board of Directors of the African Development Bank (AfDB) has recently approved a senior corporate loan equivalent.

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AfDB Mobilizes Us$20 Million Loan To Boost Water Supply In Rwanda

The Board of Directors of the African Development Bank (AfDB), through its private sector window,has recently approved a USD 20 million loan to the Kigali Bulk Water Supply Project in.

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AfDB Invests Usd300m for Construction Of Railway, Port In Mozambique, Malawi

The Board of Directors of the African Development Bank (AfDB), through its private sector window, has approved a Senior Loan equivalent to USD 300 million to support the construction of.

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Nigeria’s Kaduna Refinery Restarts

The Nigerian National Petroleum Corporation (NNPC) has recently disclosed after pipeline pumping crude to the plant resumed operations, that it has restarted the northern Kaduna refinery. According to the spokesman.

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South Africa Rand Consolidates Gains, Gold Index Boost Stocks

In the light of the thin holiday season trade, South Africa’s rand firmed on Monday, extending modest gains notched up since calm returned to markets after the fallout over the.

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NIGERIA: NNPC TO AWARD NEW CRUDE-FOR-PRODUCT SWAP DEAL TO FOUR REFINERS

Nigerian state oil firm NNPC has recently said that it will award new crude for oil products swap agreements to leading refiners Total, Varo Energy, Cepsa and ENI. According to.

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