Finance
South Africa Formalises Class A Shareholding in Afreximbank
South Africa has formally acceded to the Establishment Agreement of the African Export Import Bank, marking...
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Afreximbank Advances Angola’s Energy Sector with $1.75 Billion Facility for Sonangol
The African Export-Import Bank, in collaboration with other lead arrangers, has finalised a $1.75 billion syndicated...
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S&P Awards Africa Finance Corporation Top-Tier ‘A’ Rating With Positive Outlook
S&P Global Ratings has assigned Africa Finance Corporation (AFC) long-term and short-term issuer credit ratings of...
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Fitch Cuts Ties with Afreximbank as Africa Challenges the Rules of Global Finance
Fitch Ratings has downgraded the African Export Import Bank’s long term issuer credit rating to BB...
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Zimbabwe Inflation Drops to Lowest Level in Over Two Decades
Zimbabwe has recorded its lowest inflation in more than two decades, with the annual rate declining...
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African Debt Flows to China Now Outpace New Loans, but Scholars Urge Nuance in Interpreting Trend
Anewly released analysis from the ONE Data initiative has found that several African countries are now...
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African Development Bank Backs Kenya’s Clean Energy Vision with $16.5 Million Geothermal Loan
The African Development Bank Group has approved a loan of 16.5 million US dollars to support...
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Exclusive Interview: Dr Leverne McFarlane on Africa Caribbean Development Finance
The Southern African Times is pleased to release an exclusive interview with Dr Leverne McFarlane, Chief...
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Nedbank to Acquire 66% Stake in Kenya’s NCBA for $856 Million
South Africa’s Nedbank Group has confirmed a definitive offer to acquire a 66 percent stake in...
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Standard Chartered Confirms Full Exit from Botswana Operations
Standard Chartered has announced a comprehensive withdrawal from its operations in Botswana, shifting from its previous...
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