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China Development Bank and Sri Lankan Government have entered into an agreement of RMB 2 Billion (approx LKR 61.5 Billion) Term Facility today, the Chinese Embassy in Sri Lanka said. The facility is to be used to support Sri Lanka's COVID-19 response, economic revival, financial stability, and li
United Bank for Africa (UBA), and Deutsche Investitions-und Entwicklungsgesellschaft mbH, a German development finance institution, have signed a $50 million Term Facility Agreement. The facility with a tenor of six years is targeted at supporting the Small and Medium Enterprises (SMEs) and family owned businesses in Nigeria. Twitter ban: Don’t access social media via VPN, […]
(AFRICAN EXAMINER) – Pan African financial institution, United Bank for Africa (UBA) Plc, and Deutsche Investitions- und Entwicklungsgesellschaft mbH, the German Development Finance Institution, have entered into a partnership aimed at supporting small and medium scale businesses (SMEs) in Nigeria. To this end, both institutions have signed a USD 50m Term Facility Agreement. The facility […]
NCC Group plc announces the signing of an agreement for the proposed acquisition of the Intellectual Property Management business (the “IPM Business”) of Iron Mountain Inc., comprising...
Mountain Province Diamonds Announces US$33.0 million Term Loan TSX and OTCQX: MPVD Mountain Province Diamonds Inc. today announces that it has amended and restated its credit agreement with Dunebridge Worldwide Ltd. as lender, adding a US$33.0 million term loan facility to its existing US$25.0 million revolving credit facility . The Term Facility bears interest at a fixed rate of 10.0% per annum, payable monthly. In addition, a flat 5.0% fee is payable on each advance made … TSX and OTCQX: MPVD Mountain Province Diamonds Inc. (“Mountain Province” or the “Company”) (TSX: MPVD) (OTC...