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22 October 2014

Afreximbank finances Nigeria’s Heritage Bank expansion

The African Export-Import Bank (Afreximbank) has signed a loan agreement with Nigeria’s Heritage Bank providing funds to facilitate the acquisition of Enterprise Bank...

16 October 2014

EBRD finances buses for Romanian city

The European Bank for Reconstruction and Development (EBRD) is helping to modernise public transport in the Romanian city of Pitesti with a RON58.5 million loan (€13...

16 October 2014

Uruguayan wind farm receives IADB financing under A/B loan structure

The Inter-American Development Bank (IADB) has approved a loan of up to $42.2 million from its ordinary capital to help the private sector in Uruguay finance the...

08 October 2014

BTMU appoints new group head of commodity and STF

The Bank of Tokyo-Mitsubishi UFJ (BTMU) has appointed Jean-Marie Le Fouest joined as managing director in its investment banking division for Europe, Middle East & Africa...

26 September 2014

IADB provides loans for wind power projects in Peru

The Inter-American Development Bank (IADB) has signed loans totaling $67.3 million for two wind projects in Peru.

24 September 2014

ICC appoints new vice-chair ICC for customs and trade facilitation

The International Chamber of Commerce (ICC) has appointed Luis Fernando Barbosa Sahagun as the new vice-chair of the Commission on Customs and Trade Facilitation.

22 September 2014

Afreximbank receives cash injection from shareholders

Shareholders of the African Export-Import Bank (Afreximbank) have given a boost to the agency’s operations in the form of a $500 million capitalisation, after authorising...

09 September 2014
in
Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

Afreximbank supports Ecobank’s bond issuance

Ecobank Nigeria, a member of the pan-African Ecobank Group, has successfully concluded a highly-anticipated $200 million bond issuance aimed at raising needed capital for...

05 September 2014

Guyana Goldfields completes Aurora Gold project financing

Toronto-headquartered, Guyana Goldfields, and its wholly-owned subsidiary, AGM Inc has closed the $185 million, loan portion, of its project financing to fund the...

02 September 2014

Afrexim arranges loan for A-Z Petroleum for Ghana expansion

African Export-Import Bank (Afreximbank) has arranged an $80 million loan for the Nigerian oil company A-Z Petroleum Products, to part help finance the group’s...

02 September 2014

DBS Bank makes senior trade appointments

Singapore-headquartered DBS Bank, which has made significant strides in its transaction banking offering over the past few years, has made two senior management...

01 September 2014

Zimbabwe’s FBC Bank gets boost with syndicated loan

Zimbabwe’s FBC Bank (FBC) has received a significant boost in its liquidity profile with a $60 million loan arranged by a syndicate of local and international banks. The...

26 August 2014

Afreximbank’s crucial role in value-added agri projects

“Africa requires $21 billion over the next 10 years to fill the finance gap in agricultural financing,” remarked Jean-Louis Ekra, president of African Export-Import Bank...

06 August 2014

Afrexim finances Econet expansion

The African Export-Import Bank (Afrexim) has arranged a $150 million financing facility for Mauritius-based telecommunications company Econet Wireless Global (Econet)....

05 August 2014

OPIC commits funds to Nigeria’s Azura-Edo power plant project

Overseas Private Investment Corporation (OPIC), the US government’s development finance institution, has approved up to $50 million in direct financing to American...

01 August 2014

Uruguay’s Jacinta solar project secures IADB funds

The Inter-American Development Bank (IADB) has signed a $40.9 million loan from its ordinary capital and $25 million from the Canada Climate Fund, which is administered...

15 July 2014

Jean-Louis Ekra highlights Afrexim’s crucial role in value-added agri projects

“Africa requires $21 billion over the next 10 years to fill the finance gap in agricultural financing,” remarks Jean-Louis Ekra, president of African Export-Import Bank...

11 July 2014

Afrexim and banks sign bridge facility for Abidjan port project

The African Export-Import Bank (Afreximbank), together with a syndicate of commercial banks, has arranged a €200 million ($271.9 million) syndicated bridge financing...

09 July 2014

Protection for a price – crop insurance takes root

Despite having nearly 20% of the world’s cultivated land, Africa’s share of the global agricultural market measured by insurance premiums paid is smaller than 1%,...

08 July 2014

Livestock – more than a commodity

Value chains like livestock and dairy face a unique set of challenges, giving them a reputation as being higher risk than those for soft commodities like grains.