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Africa Finance Corporation (‘AFC’) Concludes Debute of Senior Unsecured Swiss Franc (CHF) Denominated Bond

Africa Finance Corporation (‘AFC’) Concludes Debute of Senior Unsecured Swiss Franc (CHF) Denominated Bond

Africa Finance Corporation (‘AFC’), a leading pan-African multilateral development finance institution and project developer, has issued its debut senior unsecured Swiss Franc (CHF) denominated bond, raising CHF 100 million with a tenor of 3 years and 150 days. The bond which pays an annual coupon of 0.85% has a settlement date of 27 July 2016 […]

Standard Bank Leads in Africa with Digital Innovations

Standard Bank Leads in Africa with Digital Innovations

Standard Bank is on a committed journey of rapid digitization across the continent, offering its customers more convenient ways to interact with their personal banking…

Strong GDP growth in Africa has masked disappointing productivity: Productivity growth falls to 1.7%

Strong GDP growth in Africa has masked disappointing productivity: Productivity growth falls to 1.7%

The report notes that from 2000 to 2015, the average GDP growth across the continent was 4.8% per annum, a full 2.3 percentage points faster…

Mainstream Renewable Power Signs Landmark Africa Clean Energy Equity Funding

Mainstream Renewable Power Signs Landmark Africa Clean Energy Equity Funding

Global renewable energy developer Mainstream Renewable Power has signed $117.5m equity investment from investors including IFC, the IFC African, Latin American and Caribbean Fund (ALAC)…

Orange completes acquisition of mobile operator Airtel in Burkina Faso

Orange completes acquisition of mobile operator Airtel in Burkina Faso

Orange announces that, together with its subsidiary Orange Côte d’Ivoire, it has completed the acquisition of 100% of the mobile operator Airtel in Burkina Faso.…

Africa Finance Corporation Receives US$150 Million from KfW Development Bank

Africa Finance Corporation Receives US$150 Million from KfW Development Bank

Africa Finance Corporation (AFC) is pleased to announce its acceptance of a US$150 million 15 year loan facility…

Cost of Living Survey: Luanda 2nd, Johannesburg 205th, Shanghai (7)

Cost of Living Survey: Luanda 2nd, Johannesburg 205th, Shanghai (7)

Despite volatile global markets and growing security issues, organizations continue to leverage global expansion strategies to remain competitive…

First Anniversary for the Vallourec Office in South Africa

First Anniversary for the Vallourec Office in South Africa

Vallourec, world leader in premium tubular solutions, is celebrating the first anniversary of its sales office in South…

Turning Garbage into Growth the Future City way with SAP

Turning Garbage into Growth the Future City way with SAP

Waste is the eternal burden of civilisation. The earliest known urban garbage dumps are found in Crete, made…

General Electric opens new healthcare training and skills institute

General Electric opens new healthcare training and skills institute

General Electric today marked another step in the development of sustainable healthcare in Kenya, with the inauguration of…

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