Senegal uses swap arrangements to secure cheaper cash as debt fears return.
Senegal has justified its reliance on sophisticated financial arrangements to access cheaper funding, following scrutiny over transactions that enabled it […]
Global Finance
Morocco finalises funding and power agreements for 305MW Noor Atlas project.
Morocco has finalised financing and inked power purchase agreements for a 305-megawatt solar initiative, accelerating its move toward decentralised renewable
Nigeria lands £746m UK deal to modernise major ports
Nigeria has reached a £746 million financing deal with the United Kingdom to upgrade two of its busiest seaports, a
Africa’s $155bn borrowing in 2026 to be led by South Africa and two others.
African countries are projected to raise about $155 billion in long-term commercial debt in 2026, marking a 10% increase from
UK–Nigeria commerce breaks £8.1bn milestone as Nigerian financial services establish presence in the UK.
Hundreds of new employment opportunities are expected to emerge across the United Kingdom as Nigerian banks, fintech startups, and creative
Nigeria, UAE sign $200m tech deal.
A new strategic alliance has been formed between Nigeria and an investment firm from the United Arab Emirates, with the
European Union Aid Backing Rwanda Forces Protecting Mozambique Gas Hub Ends in May
Funding from the European Union for Rwanda troops stationed in Mozambique to counter an Islamic State-linked insurgency is scheduled to
Zimbabwe Pursues International Funding for $200 Million Satellite Development Plan
Zimbabwe is seeking international investors to support a new satellite initiative designed to improve the country’s telecommunications connectivity. According to
Mauritania Signs $1bn Islamic Finance Agreement to Back Energy Imports and Small Enterprises
Mauritania has reached a $1 billion trade finance framework agreement with the International Islamic Trade Finance Corporation (ITFC), a Saudi-based
Kenya and Rwanda central banks introduce cross-border payment system for fintechs.
Kenya and Rwanda’s central banks have taken steps to enable cross-border payment access, allowing fintech companies to operate more efficiently