The sale of Société Générale Côte d’Ivoire (SGCI) poses significant challenges, primarily due to its strategic…
Category: Finance
Archer Capital Securities Co-Arranges BDEAC’s First Bond Listing
Archer Capital Securities has proudly announced its role as a co-arranger in the inaugural listing of…
Vista Group Completes Acquisition of Société Générale Mozambique
Vista Group Holding, a financial services holding company, has secured all necessary regulatory and financial approvals…
Infrastructure Crisis Threatens South Africa’s Economic Recovery
South Africa’s economic rebound is in jeopardy unless the nation takes swift action to address its…
Adenia Partners Exits Omoa Group, Acquired by SPE Capital
Adenia Partners, a private equity firm incorporated in Mauritius, has sold its entire stake in Omoa…
Angola: $1.4 Billion Loan from Afreximbank for Fertilizer Plant Construction
The joint venture Amufert is spearheading a project set to bolster industrialization, enhance food security, and…
Zambia Secures $13.2 Million Loan from AfDB for Water and Sanitation
The Board of Directors of the African Development Fund approved a loan of $13.2 million to…
IFAD Releases $2.4 Million in Funding for Togolese Agriculture
The International Fund for Agricultural Development (IFAD) has provided a fresh injection of financial support to…
Cameroon & Chad Power Interconnection Project: $134 Million Boost
Cameroon recently signed a loan agreement worth approximately 80.5 billion FCFA ($134 million) with the Islamic…
Italy to Invest Over $1 Billion in Africa’s Development in 2024
The Italian institution responsible for fostering sustainable development in Italy and its partner countries is prioritizing…
Proparco Invests $21.6 Million in Amethis Fund III
Proparco, a subsidiary of the French Development Agency (AFD) focused on the private sector in emerging…
The African Development Bank to Lend $500 Million for Electricity Access in Nigeria
On July 19, 2024, in Abidjan, the Board of Directors of the African Development Bank (AfDB)…