The hidden debt comes with a repayment schedule that is not publicly disclosed. By 2028, the Senegalese government will have to repay the equivalent of $4.13 billion in debt. The International ...

The public offering of BIIC shares allows the Beninese government to raise significant funds while scaling back its stake in the bank. The shares will be listed on the BRVM, making BIIC the third ...

The quest to broaden the scope of interventions by the Fund for Export-Development in Africa (FEDA), African Export-Import Bank’s (Afreximbank) development impact investment arm, into all corners of ...

Since January 29, the AES countries are no longer part of ECOWAS, but they still have time to reconsider their decision. Ghana, which has bolstered its relations with the Liptako-Gourma region, is ...

In a significant move aimed at boosting industrial development across Africa, African Export-Import Bank (Afreximbank) signed a US$450 million global credit facility with ARISE IIP, the leading ...

The African Union (AU) and the European Union (EU) have signed a €20 million ($22 million) funding agreement for a new program aimed at accelerating the performance of their partnership. The ...

Digital payments increase transparency and efficiency, reducing fraud, delays, and corruption in medical payments. Safaricom M-PESA Ethiopia, in collaboration with other financial service providers, ...