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Published on Nov 25, 2024

Time Bank ups loan offer to Govt to US$38bn

Business Reporter TIME Bank of Zimbabwe (Time Bank) has increased its syndicated loan proposal to the Government from US$35 billion to US$38 billion for purposes of paying compensation to several key groups of people, among them previous farm owners and …

Source: The Herald (Zimbabwe) - Pro-Government
Published on 00:56 GMT

Bright Simons writes: There’s a plot to “loot” Ghana’s top development bank, say insiders

A trove of evidence of shady dealings I recently wrote a piece on a fierce battle raging inside Ghana’s leading development finance institution (DFI), Development Bank Ghana (DBG), pitting various risk, audit, and compliance officers against senior …

Source: Modern Ghana - Neutral
Published on Nov 22, 2024

Benin: the African Development Bank grants Bank of Africa Benin a transaction guarantee of EUR 15 million to support ...

The Board of Directors of the African Development Bank Group has approved a trade finance transaction guarantee facility of EUR 15 million for Bank of Africa, Benin. The transaction guarantee will support imports of supplies, production machinery and …

Source: African Development Bank - Gov't Institution
Published on Nov 26, 2024

Policymakers demand bold policy steps at Botswana meeting

Policymakers and experts attending the African Economic Conference in Gaborone, Botswana, in November emphasised the urgent need for African policymakers to take bold steps to restructure their economies and enhance resilience in a challenging global …

Source: African Business - Neutral
Published on Nov 20, 2024

African Development Bank Approves $4 Mln Trade Finance Guarantee To Boost SME Growth In Sierra Leone

The African Development Bank has approved a $4 million trade finance transaction guarantee for Access Bank Sierra Leone Limited (ABSL) to support small and medium-sized enterprises (SMEs) and local firms in Sierra Leone. This AAA-rated guarantee will …

Source: African Development Bank - Gov't Institution
Published on Nov 26, 2024

FG defends borrowing as NNPCL, FIRS, Customs surpass 2024 targets

Despite revenue-generating agencies’ report of surpluses for the 2024 fiscal year, the Federal Government, yesterday, cited legislative approvals and budgetary requirements for continued borrowing. This was disclosed during an interactive session between …

Source: The Guardian (Nigeria) - Uncategorized
Published on Nov 26, 2024

AfDB Approves $4m Trade Guarantee for Access Bank (SL)

By christian.conteh@awokonewspaper.sl Freetown, SIERRA LEONE- The African Development Bank (AfDB) has approved a $4 million trade finance transaction guarantee for Access Bank Sierra Leone Limited (ABSL), aiming to bolster small and medium-sized …

Source: Awoko Newspaper - Neutral
Published on Nov 25, 2024

US urges Zimbabwe to double down on reforms

Harare, ZIMBABWE — The United States is urging the Zimbabwe government to double down on reforms aimed at returning the country to the prosperity it once enjoyed. Speaking to reporters in Harare on Monday, Pamela Tremont, the U.S. ambassador to Zimbabwe, …

Source: Voice of America - Public Broadcaster
Published on Nov 22, 2024

Treasury goes for UAE loan as IMF cautions of debt situation

The National Treasury Building. [File, Standard Kenya is moving forward with plans to secure a Sh193 billion ($1.5 billion) loan from the United Arab Emirates (UAE). This is despite the International Monetary Fund (IMF) urging caution due to concerns that …

Source: The Standard - Uncategorized
Published on Nov 25, 2024

87,000 cocoa farmers’ children to enjoy free university accommodation, utilities next academic year

By Nicholas Osei-Wusu From the next academic year, all 87,000 wards of cocoa farmers at the University will enjoy free residential accommodation and utilities. The Chief Executive Officer of the Ghana Cocoa Board, Joseph Boahene Aidoo, who announced this …

Source: Ghana Broadcasting Corporation - Pro-Government
Published on Nov 25, 2024

Zimbabwe to Pay $331 Million to White Former Farmers as Part of Debt Restructuring Plan

HARARE,– Zimbabwe has announced plans to pay $331 million to white former farmers whose land was seized during the controversial land reform programme of 2000. The compensation is part of efforts to unlock international debt restructuring agreements and …

Source: The Zimbabwe Mail - Neutral
Published on Nov 25, 2024

Zimbabwe Seeks Path to Clear $12.7 Billion Debt as Mnangagwa Hosts Creditors

Image: Finance Minister Prof. Mthuli Ncube and and African Development Bank President Dr Akinwumi Adesina and President Mnangagwa (Source: NewZwire) HARARE, – Zimbabwean President Emmerson Mnangagwa convened a high-level conference with creditors and …

Source: The Zimbabwe Mail - Neutral
Published on Nov 25, 2024

US Rejoins Zimbabwe Debt Clearance Talks, Presses for Reforms

Image: US Ambassador to Zimbabwe, Pamela Tremont (Source: NewZwire) HARARE, November 25 – The United States has rejoined discussions on Zimbabwe’s debt clearance strategy, marking a significant shift after it withdrew from the talks earlier this year in …

Source: The Zimbabwe Mail - Neutral
Published on Nov 25, 2024

ECA warns of worsening debt distress across Africa, urges financial system reforms

The United Nations Economic Commission for Africa (ECA) has raised alarms over the state of debt across the continent, revealing that 40% of African nations are either in debt distress or at high risk. Most of these nations are allocating more resources to …

Source: Nairametrics - Neutral
Published on Nov 25, 2024

AfDB unveils 10-Year Strategy focusing on regional projects and climate resilience

The African Development Bank (AfDB) has committed itself to prioritise integrated regional projects and climate resilience in the Southern Africa region as it embarks on its new 10-Year Strategy. Speaking at the celebration of the bank’s Diamond Jubilee on …

Source: IOL - Uncategorized
Published on Nov 25, 2024

BOI assures of better days ahead for businesses in Nigeria

…raises $5bn from international market Bank of Industry (BOI) has reiterated its resolve to beat its targets in committing to driving sustainable industrialisation, supporting clients with innovative financing solutions, expanding partnerships, and …

Source: Business Hallmark - Neutral
Published on Nov 25, 2024

When Obasanjo speaks

Former President Olusegun Obasanjo (OBJ) does not suffer fools gladly and never shies from a good public fight. Since he left office as military head of state in 1979, his many interventions often provoke a pall of ominous dust. He is passionate and …

Source: The Guardian (Nigeria) - Uncategorized
Published on Nov 25, 2024

Mnangagwa to Lead Key Forum on Zimbabwe’s Debt Arrears and Economic Reforms

Zimbabwean President Mnangagwa and African Development Bank President Dr Akinwumi Adesina HARARE – President Emmerson Mnangagwa is set to headline a pivotal High-Level Structured Dialogue Platform today, aimed at updating stakeholders on Zimbabwe’s ongoing …

Source: The Zimbabwe Mail - Neutral
Published on Nov 24, 2024

President tops the bill at debt clearance talks

Zvamaida Murwira, Senior Reporter PRESIDENT Mnangagwa is today expected to headline a High-Level Structured Dialogue Platform on Zimbabwe’s national debt arrears meant to update all stakeholders on the progress made and to discuss a roadmap that has been …

Source: The Herald (Zimbabwe) - Pro-Government

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Published on November 25, 2024 - 16:13 GMT

Director-General Duncan Pieterse: South African Methodology for Assessing Procurement Systems report launch

Thank you, Nicolas, and good afternoon everyone. This event marks an important moment where South Africa joins thirty-nine other countries whose public procurement systems have also been evaluated using the MAPS international standard and universal tool. …

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Published on November 22, 2024 - 16:56 GMT

Visit of Minister in the Prime Minister’s Office, Second Minister for Education and Second Minister for Foreign Affairs ...

Minister in the Prime Minister’s Office, Second Minister for Education and Second Minister for Foreign Affairs Dr Mohamad Maliki Osman has concluded his working visit to Côte d’Ivoire and Nigeria from 18 to 23 November 2024. Minister Maliki engaged senior …

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Published on November 26, 2024 - 23:30 GMT

Global Citrus Oil Market Set For 6.5% Growth, Reaching $10.68 Billion By 2028

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Distribution channels: Business & Economy, Companies ...
Published on November 26, 2024 - 23:30 GMT

Global Citrus Seeds Market Set For 7.9% Growth, Reaching $6.41 Billion By 2028

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Distribution channels: Business & Economy, Companies ...
Published on November 26, 2024 - 23:30 GMT

Global Clindamycin Phosphate Topical Market Set For 14.8% Growth, Reaching $1.86 Billion By 2028

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Distribution channels: Business & Economy, Chemical Industry ...
Published on November 26, 2024 - 23:30 GMT

Global Clonazepam Market Set For 8% Growth, Reaching $2.01 Billion By 2028

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Distribution channels: Business & Economy, Companies ...
Published on November 26, 2024 - 23:30 GMT

Global Cobalt-Free Batteries Market Set For 13.8% Growth, Reaching $2.22 Billion By 2028

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Distribution channels: Business & Economy, Companies ...
Published on November 26, 2024 - 23:30 GMT

Global Cognitive Search Tools Set For 6.2% Growth, Reaching $5.52 Billion By 2028

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Distribution channels: Business & Economy, Chemical Industry ...
Published on November 26, 2024 - 23:30 GMT

Global Colorectal Cancer Screening Market Set For 6.2% Growth, Reaching $19.83 Billion By 2028

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Distribution channels: Business & Economy, Companies ...
Published on November 26, 2024 - 23:30 GMT

Computer-aided Design CAD Or Computer-aided Manufacturing CAM Dental Milling Machine Market Reaching $2.74 Billion

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Published on November 26, 2024 - 23:30 GMT

Global Construction Adhesives Market Set For 8.9% Growth, Reaching $17.05 Billion By 2028

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Distribution channels: Building & Construction Industry, Business & Economy ...
Published on November 26, 2024 - 23:30 GMT

Global Construction Camera Solutions Market Set For 7.9% Growth, Reaching $0.79 Billion By 2028

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Distribution channels: Business & Economy, Companies ...
Published on November 26, 2024 - 23:30 GMT

Global Construction Elastomers Market Set For 8.9% Growth, Reaching $8.89 Billion By 2028

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Distribution channels: Building & Construction Industry, Business & Economy ...
Published on November 26, 2024 - 23:30 GMT

Global Construction Plastics Market Set For 8.6% Growth, Reaching $153.04 Billion By 2028

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Distribution channels: Building & Construction Industry, Business & Economy ...
Published on November 26, 2024 - 23:30 GMT

Global Consumer Electronics Packaging Market Set For 12.9% Growth, Reaching $42.37 Billion By 2028

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Published on November 26, 2024 - 23:30 GMT

Global Consumer Healthcare Market Set For 22.1% Growth, Reaching $1476.45 Billion By 2028

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Published on November 26, 2024 - 23:30 GMT

Global Contract Textile Market Set For 7.0% Growth, Reaching $7.37 Billion By 2028

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Published on November 26, 2024 - 23:30 GMT

Global Contrast Therapy Units Market Set For 9.2% Growth, Reaching $21.12 Billion By 2028

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Distribution channels: Beauty & Hair Care, Business & Economy ...
Published on November 26, 2024 - 23:30 GMT

Global Cooling Fabrics Market Set For 10.9% Growth, Reaching $4.98 Billion By 2028

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Published on November 26, 2024 - 23:30 GMT

Global Coordinate Measuring Machine Market Set For 9.6% Growth, Reaching $5.44 Billion By 2028

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Distribution channels: Automotive Industry, Business & Economy ...
Published on November 26, 2024 - 23:30 GMT

Global Copper Foil Market Set For 10.8% Growth, Reaching $19.72 Billion By 2028

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Published on November 26, 2024 - 23:30 GMT

Global Cord Blood Banking Services Market Set For 7.0% Growth, Reaching $35.03 Billion By 2028

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