Kenyan lawmakers has given the green light for the country to borrow US$4.1 billion (422 billion shillings) from external lenders. This fund will help the nation in term of expanding its economy by increasing …
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Plans are in motion from Ghana Government to release US$1billion to pay debt for road construction. This was announced by the Minister of Roads and Highways, Kwasi Amoako-Attah during a …
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Following a meeting with State Grid Corporation of China, PM Abiy Ahmed oversaw the signing of a US$1.8 billion investment agreement which covers provision of electric power transmission and distribution lines. The project will supply power for up to 16 industrial parks; …
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A data centre and highway in Kenya have received 67.5 billion shillings (US$666 million) as funding from China. The funds were issued at Beijing where Kenya’s President Uhuru Kenyatta attended the second Belt and Road Forum.
… Read MorePresident Uhuru Kenyatta today witnessed
During a ceremony in Maputo, where Mozambique’s Deputy Foreign Minister Nyeleti Mondlane and the Chinese ambassador, Su Jian, signed various economic and technical cooperation agreements, it was announced that the interest on Chinese loans that should have been paid by the end of this …
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According to the Chief Financial Officer (CFO), Brian Egan, Dangote cement is considering issuing Euro bonds or a local debt issue in other to raise funds for its debt.
The company is planning …
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The African Legal Support Facility (ALSF) assisted the Guinea Bissau Government during an outstanding debt negotiation with China’s Export-Import Bank (Exim Bank) in Singapore.
This assistance resulted to a series of settlement and …
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