Nigeria has requested a loan from China Exim Bank for the construction of a coastal line. The fund which is worth US$ 1.8billion will help the completion of the project according to Minister of Transportation.
The actual …
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Kenya Power has announced that the constant vandalism of electrical materials is affecting them. This has result in the distribution company spending Sh5.5 billion in installation of street lights in Nairobi alone.
The distribution company has make sure …
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Over twenty-nine foreign and domestic investors has offer to invest in the Central bank of Egypt (CBE) treasury bills (T-bills). The T-bill which was issued out this week will allow bank to subscribe with a minimum of US$100,000.…
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Investment fund Africa IFA has secure US$6 billion for infrastructure development in Africa. This IFA fund is the first phase of its drive towards infrastructure development in Africa. The deal was announced during an interview with investment fund’s chairperson and …
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Wema Bank Plc have secured a line of credit (LOC) from international lenders. The LOC is specifically to grow financial support for small and medium scale enterprises (SMEs) in Nigeria.
The bank received US$15 million and US$20 million from African …
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