The China Development Bank (CDB) has granted a loan of 2.1 billion yuan (292.5 million USD) to the Southern African Development Bank (DBSA). The agreement was signed on Tuesday, July 8 in Rio de Janeiro, on the sidelines of the annual meeting of the BRICS interbank cooperation mechanism. This funding will support projects in strategic…...
Trending
- Ivory Coast: Circular economy at the heart of innovation in the packaging sector
- Insurance in Africa: Nearly 100 bankruptcies recorded since 2000, according to an international report
- Nigeria: GTCO opens up to global markets with a listing in London
- Old Mutual Kenya: Martin Karenju appointed CEO to drive post-merger transformation
- The Southern African Development Bank (DBSA) secures funding from China via BRICS
- South Africa: Globeleq closes financing for the largest battery energy storage project on the continent
- Mali: Ten years in prison for former Minister of Economy and Finance, Bouaré Fily Sissoko, in the presidential Boeing case
- DRC: signing of a $257 million contract for the modernization of the Kisangani-Ubundu railway