World Bank: Iran war forcing more African nations to seek emergency funding
The World Bank says that the Iran war is forcing more African countries to seek emergency financing. According to an […]
Global Finance
UK commits $27 million to contain Congo Ebola outbreak
Britain is committing up to $26.9 million (£20 million) to help combat the Ebola outbreak in the Democratic Republic of
IFC supports Africa’s solar expansion with $40 million EDF investment as 600 million lack power
The International Finance Corporation (IFC), the private-sector investment arm of the World Bank Group, has entered into a $40 million
Ghana secures US debt deal as Washington urges faster repayment of arrears.
Ghana has concluded a bilateral debt restructuring deal with the United States to ease obligations owed to the Export-Import Bank
UAE’s African Rail plans to secure $170 million for rail expansion in South Africa.
African Rail Co. is seeking to raise roughly $170 million within the year to scale up its South African operations,
Standard Chartered secures $2.3bn for Tanzania rail project to boost trade.
Tanzania has secured significant financing for its major rail development, reflecting a wider continental drive to modernise transport systems and
Kenya signals investment in Uganda’s $4bn refinery to reciprocate Yoweri Museveni’s support.
William Ruto, Kenya’s president, has recently committed to making a substantial investment in Uganda’s long-delayed oil refinery project. Addressing participants
EU pledges $256m as food insecurity and displacement worsen in the Sahel and Nigeria
The European Commission has unveiled €235 million (around $256 million) in fresh humanitarian aid for West and Central Africa, as
Africa’s richest country secures €100m loan from France for struggling urban areas
Advanced talks are underway between France and South Africa over a potential loan aimed at supporting the country’s struggling urban
Uganda turns to US financing for $3.19bn rail project following China’s withdrawal
Uganda has revised its funding approach for the $3.19 billion standard gauge railway (SGR) project, with the United States now