Latest News for: Africa lending

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From uncertainty to hope: A journey of Rwandan young statistician to senior statistician

Independent online (SA) 15 Apr 2024
At the request of the infant National Statistical Institute of Rwanda, in 2005 Statistics South Africa joined hands with this institute with the purpose of lending a hand at building statistical capacity in Rwanda.
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Ethiopia faces tough devaluation decision to secure IMF bailout

Gulf-Times 12 Apr 2024
... the third African state in as many years to default on its debt in December.Ethiopia hasn’t received any IMF funds since 2020 and its last lending arrangement with the fund went off track in 2021.
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ANALYSIS-Ethiopia faces tough devaluation decision to secure IMF bailout

Philenews 12 Apr 2024
In August 2023, it secured a debt payments suspension from its largest bilateral creditor China, which from 2006 to 2022 committed to lending the country $14 billion, according to Boston University’s Chinese Loans to Africa Database.
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Standard Bank applies for a representative office in Egypt

Independent online (SA) 10 Apr 2024
... banks have become more relevant in Africa, having grown their lending businesses in primary sectors such as mining, energy, infrastructure, property finance, agriculture, and sovereign lending.
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Standard Bank applies for banking licence in Egypt as it seeks to grow its African footprint

Independent online (SA) 10 Apr 2024
... banks have become more relevant in Africa, having grown their lending businesses in primary sectors such as mining, energy, infrastructure, property finance, agriculture, and sovereign lending.
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Developing SMEs through capacity building

B & FT Online 09 Apr 2024
– Learnings from Absa’s Young Africa Works project ... Within this dynamic landscape of Micro, Small and Medium Enterprises, subsidised lending interventions have emerged as a crucial catalyst for economic growth.
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Who’s the big boss of the global south?

Economist 08 Apr 2024
But China has extended its influence in Africa and Asia ... in 2021 it counts lending of $80bn a year ... sub-Saharan Africa ... The Indian government is lending money to private hospitals to set up in Africa.
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Ghana approves 14 new GMOs

Business Ghana 04 Apr 2024
... in late February 2024, Ghana, again made a significant stride towards lending credence to its growing popularity as a leading nation in Sub-Saharan Africa that aligns its policies with proven science.
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The African Continental Free Trade Area Investment Protocol signalled a new era in sustainable ...

Business Ghana 02 Apr 2024
Pan-Africa Trade and Investment Agency ... Development Finance Institutions have increasingly been bridging Africa's trade finance gap through increased lending and alternative products to support market participants.
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Rwanda becomes official headquarters of Africa's innovation financing facility

People Daily 28 Mar 2024
KIGALI, March 27 (Xinhua) -- Rwanda on Tuesday officially became the headquarters of Africa's innovation financing facility, known as timbuktoo Africa Innovation Foundation ... "This is Africa's moment.
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We Ignore Africa at Our Own Peril

The American Spectator 28 Mar 2024
We’ve already seen how South Africa has placed itself most firmly in Putin’s camp and developed warmer relations with China and Iran, recently lending itself to pro-Hamas maneuvering at the U.N ... We Should Stop Exploiting Africa — And Start Caring).
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MICHAEL WRIGHT: Securities financing industry comes of age with growing international interest

Business Day 25 Mar 2024
SA, as the largest securities lending market in Africa, boasts an average lendable value of R1.3-trillion, with lender-to-broker loan values reaching R137.6bn.
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Absa Group post resilient results with strong growth

B & FT Online 22 Mar 2024
However, Africa regions reported very strong growth, well ahead of South Africa ... Absa’s results showed the benefit of diversification and Africa regions grew to 29percent of total Group pre-provision profit, compared with 20percent in 2018.
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AfCFTA investment protocol signals a new era in sustainable trade and investment

Independent online (SA) 20 Mar 2024
Pan-Africa trade and investment agency ... Development Finance Institutions have increasingly been bridging Africa's trade finance gap through increased lending and alternative products to support market participants.
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