The financial institution, owned by several African governments, will now issue bonds in African currencies to finance the continent’s infrastructure – a fresh financial start awaited by many.are on the table. Two other countries have approached us,” says Samaila Zubairu, managing director of the Africa Finance Corporation , who underscores that the main purpose of this new financial vehicle is to “reduce the risks associated with investing in infrastructure”.
As the annual meeting of the African Development Bank takes place in Nairobi, focused on reforming the international financial architecture, its presi...President Bola Tinubu told ExxonMobil the federal government is committed to resolving the divestment issues between the company and Seplat Energy, wh...Elon Musk’s satellite internet company has obtained a licence to launch operations in Zimbabwe, adding an eighth African country to its network – whil...
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