Business – Page 14

The State of Tanzania’s Capital Markets in 2024

jasper January 21, 2025 No Comments

21st January 2025, Tanzania’s capital markets closed 2024 on a high note, with the Dar es Salaam Stock Exchange (DSE) reporting a significant surge in trading volumes, particularly in December.…

World Bank Group Announces Record $100 Billion IDA Replenishment

jasper January 18, 2025 No Comments

SEOUL, KOREA, December 6, 2024 — The World Bank Group today unveiled a groundbreaking $100 billion replenishment for the International Development Association (IDA), marking a transformative milestone in global development…

IMF Executive Board Approves $1.7 Billion Extended Credit Facility and $1.04 Billion Resilience and Sustainability Facility for the Democratic Republic of the Congo

jasper January 18, 2025 No Comments

Washington, D.C., January 15, 2025 – The Executive Board of the International Monetary Fund (IMF) approved two significant financial arrangements for the Democratic Republic of the Congo (DRC): a 38-month…

EAC Payment System Sees 40% Growth.

jasper January 18, 2025 No Comments

Published on 17th January 2025 Traders across East Africa transacted a record $2.015 billion through the East African Payment and Settlement System (EAPS) in the 12 months leading up to…

Alpha GRIP Management Company Secures $20 Billion Investment for Ogidigben Gas Revolution Industrial Park

jasper January 17, 2025 No Comments

BEIJING, China, January 17, 2025/ — On January 15, 2025, Alpha GRIP Management Company (AGMC) and China National Chemical Engineering International Corporation Ltd. (CNCEC) formalized a monumental partnership to develop…

Africa Finance Corporation (AFC) Earns Top AAAspc Rating.

jasper January 16, 2025 No Comments

LAGOS, Nigeria, January 16, 2025/ — The Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, has earned an exceptional AAAspc issuer credit rating with a stable outlook from S&P…

Global Partners Invest $45 Million to Transform Vaccine Production and Access in Africa

jasper January 16, 2025 No Comments

DAKAR, Senegal, December 18, 2024 – In a pivotal move to strengthen public health and improve vaccine access across Africa, the U.S. International Development Finance Corporation (DFC), the African Development…

African Development Bank Approves Construction of State-of-the-Art Headquarters in Abidjan

jasper January 16, 2025 No Comments

ABIDJAN, Ivory Coast, December 17, 2024 – The African Development Bank Group (AfDB) has secured approval from its Boards of Directors for the construction of a modern, state-of-the-art headquarters in…

Last Chance for Tanzanians to Invest in the Samia Infrastructure Bond as Initial Market Sale Closes

jasper January 16, 2025 No Comments

With just two days remaining before the initial market sale of the Samia Infrastructure Bond issued by CRDB Bank closes, the investment is being highlighted as a unique opportunity for…

Africa Finance Corporation Secures US$500 Million with Landmark Hybrid Bond for Infrastructure Projects

jasper January 15, 2025 No Comments

LAGOS, Nigeria, January 15, 2025 – Africa Finance Corporation (AFC), a leading provider of infrastructure solutions across Africa, has successfully priced its inaugural US$500 million perpetual hybrid bond. The landmark…

Category: Business