A total of six banks from the Middle East and Asia have raised a combined $625 million in syndicated loan to finance Africa’s infrastructure under the African Finance Corporation (AFC). 

Through the AFC, Gulf Bank, National Bank of Ras Al-Khaimah, China CITIC Bank Corporation, Qatar National Bank, Doha Bank and Industrial Bank of Korea Limited joined the syndicate as first-time lenders throwing their weight behind the leading infrastructure solutions financier in Africa. 

The Kigali Bulk Water Supply Project will be AfDB’s first private sector operation in landlocked…

Leaders are meeting in Nairobi for the Eastern Africa ‘Waste is Wealth’ conference. The inaugural…

DP World, a global leader in supply chain solutions, announced a partnership with Standard Bank to offer trade finance solutions. This partnership will act as the bridge between African businesses and the DP World Trade Finance to open new doors of opportunity for the continent.

The bulk of Tanzania’s population is not under any form of cover with industry statistics…

The Middle-East market is showing great potential as the period from January to March 2023…