Upcoming EventsMar27MonMar28Tueall-day 4th African Islamic Finance summit @ Hyatt Regency4th African Islamic Finance summit @ Hyatt RegencyMar 28 – Mar 29 all-day4th African Islamic Finance summit read moreShareApr4TueApr6Thuall-day Global Forum on EPC Project Mana...Global Forum on EPC Project Mana...Apr 6 – Apr 7 all-day6th – 7th April, Berlin Conference overview EPC Project Management is the “Heart” of internal and external Operational division of Power and O&G industries with its own Scale and Complexity. With the current challenges and the drop in the oil price, Contract … Continue reading →Apr17Monall-day Future Play & Playspaces MENA 2017 @ DubaiFuture Play & Playspaces MENA 2017 @ DubaiApr 17 – Apr 18 all-dayFuture Play & Playspaces MENA has been specifically created for those developing, designing, building and equipping indoor and outdoor play facilities across the MENA region. It’s an event dedicated to showcasing the growing business opportunities in this rapidly expanding sector. … Continue reading →Apr24Monall-day 3rd Congo International Hydrocar... @ The Palais des Congres, Brazzaville3rd Congo International Hydrocar... @ The Palais des Congres, BrazzavilleApr 24 – Apr 26 all-dayOn behalf of the Ministry of Hydrocarbons, Republic of Congo & AME Trade Ltd, we are delighted to welcome you to the Republic of Congo’s Third International Oil and Gas Conference and Exhibition (CIEHC-3). CIEHC will take place at the … Continue reading →
Tag Archives: loan
TUNIS, Tunisia, May 8, 2013/African Press Organization (APO)/ – The African Development Bank Group (AfDB) (http://www.afdb.org) approved on Wednesday, May 8 in Tunis, a loan of 30 billion CFA francs to the Republic of Mali. This amount will be drawn from the resources of the African Development Fund (ADF), the Bank’s concessional window, to finance an Emergency Economic Recovery Support Programme (EERSP).
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges. For more information, visit http://www.ifc.org.
ASANTE GOLD CORPORATION: ADVANCE NOTICE POLICY, ROYALTY ACQUISITION UPDATE AND WORKING CAPITAL LOAN AGREEMENT
Stanbic IBTC Holdings, a member of Standard Bank Group, has declared a profit before tax of N11.7 billion for 2012, an increase of 16 percent above the N10.1 billion recorded in the corresponding period of 2011, according to its audited results for the financial year ended December 31, 2012. Similarly, profit after tax rose to N10.2 billion, translating to an increase of 53 percent over the prior year’s N6.6 billion.
PRAIA, Cape Verde, April 24, 2013/African Press Organization (APO)/ – On March 8, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Cape Verde.1
World Bank Group financing for power generation, transmission and distribution, and energy policy and regulatory reform has helped expand access to millions of households in over 60 countries. Bank Group financing, combined with advisory and analytical services, knowledge products, as well as policy support, has also helped launch and scale up renewable energy generation and energy efficiency at national, sub-national and municipal levels. During 2002-11, the Bank supported projects for the construction and rehabilitation of about 115,000 kilometers of transmission and distribution lines and about 19,000 megawatts of generation capacity to improve access to reliable energy.
More than 1.2 billion people—about 17 percent of the world’s population—are without access to electricity, most of them concentrated in about a dozen countries in Africa and Asia. Another 2.8 billion rely on wood, charcoal, dung and coal for cooking and heating, which results in over four million premature deaths a year due to indoor air pollution. Shortages in power supplies, and their unreliable and poor quality, due to underinvestment, are also major challenges facing developing countries.
Standard Bank Group has walked away with 11 acccolades at the 2013 EMEA Finance Achievements Awards, including being named best merger and acquisition house, best securitisation house and best syndicated loan house in Africa.
MALABO, Equatorial Guinea, March 29, 2013/African Press Organization (APO)/ – On January 11, 2013, the Executive Board of the International Monetary Fund (IMF) concluded the 2012 Article IV consultation with Equatorial Guinea.1