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November 16, 2023
The International Monetary Fund has reached a staff-level agreement with Kenya, unlocking immediate access to a $682.3m (R12.43bn) tranche and boosting the current lending programme by $938m (R17.01bn), the fund said on Thursday.
November 1, 2023
“This investment will power our long-term infrastructure projects, demonstrating confidence from international and local partners in our growing economy...
October 16, 2023
Kenya joined Papps on September 29, after the Central Bank signed the instruments of accession.
September 28, 2023
The loan comes against the backdrop of sustained pressures on Nigeria’s external sector which has been hit with foreign exchange scarcity resulting into massive depreciation of the local currency.
August 21, 2023
Even though state-owned companies often have specific mandates related to providing services or generating revenue for the government, however, there may be cases where state-owned companies indirectly support diplomatic efforts.
April 21, 2022
Deals made at the 2021 African Investment Forum yielded at least of $36.2b from 43 investment deals.
April 18, 2022
African Export-Import Bank (Afrexim), contributed 64 percent while IFAD, contributed 16 percent. Italy, Spain, IFAD and AFD, among others, also contributed