To support the establishment of the Kenya Mortgage Refinance Company (KMRC), the African Development Bank (AfDB) has approved a 90 million euro loan, which will aid access…
The World Bank has given Nigeria 30 years to repay the $350 million it took to fund the Nigerian Electrification Project (NEP), which involved the expansion of access…
A day after it listed its shares on the Nigerian Stock Exchange, MTN Nigeria announced that it signed a 200 billion naira loan with seven local banks.…
The Federal Capital Territory (FCT) and 29 states in Nigeria will benefit from a $140 million World Bank poverty reduction grant to the country. The General Manager of the…
The Chief Executive Officer of StarTimes Nigeria, Mr. David Zhang announced that the media group has invested over $220 million in Nigeria over the last nine years. Zhang,…
Jumia, an electronic commerce platform recorded a Gross Merchandise Volume (GMV) growth of 58 percent leading to 102 percent growth in marketplace revenue for the first quarter…
Food Concepts Plc, which owns the Chicken Republic brand, announced that it had commenced the process to raise up to 3.6 billion naira by way of a…
The FMDQ OTC Securities and Nigerian Stock Exchange (NSE) have listed the North South Power Company Limited 8.50 billion naira, 15.60 percent, 15-year Fixed Rate Senior Green Infrastructure…
Business leaders from across the continent are gearing up for the latest edition of the Africa Shared Value Summit. The high profile affair aims to raise…
The International Finance Corporation (IFC) announced that it will invest $50 million in private equity firm Helios Investors, which is raising funds for new investments across Africa. Helios,…
