GuarantCo, a member of the Private Infrastructure Development Group (PIDG), granted a portfolio guarantee of approximately 14.55 billion FCFA, or 25 million USD to Oragbank Togo. The guarantee mainly concerns telecommunications and road projects in Togo. The largest bank in the country, Orabank will also benefit from capital relief allowing it to develop its infrastructure…...
Trending
- Niger: Night of fire in Niamey, General Tiani faces a major attack
- Senegal: Moody’s downgrades rating to Caa2 amid negotiations with the IMF
- Banks in Togo: Orabank and Ecobank neck and neck in the Top 10
- Mali: $173.1 million in cooperation with the UN for the period 2027-2031
- South Africa: First green sovereign bond expected by March 2027
- Senegal: a Wärtsilä power plant to secure Diamba Sud and prepare for the post-carbon era
- Nigeria: Abundance of Liquidity Pushes Interbank Rates Down
- Tarkwa: The Financial Stakes of Gold Fields’ Lease Renewal in Ghana
GuarantCo grants a USD 25 million portfolio guarantee to Orabank Togo
Amadjiguéne Ndoye
Economic journalist with a Master’s degree in Communication and Journalism from the Higher Institute of Information and Communication Sciences in Dakar (ISSIC). Avid reader and music enthusiast. Feminist at heart and passionate about fashion.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com