Heritage Bank, Afreximbank give life to $1bn resources dev deal in Zamfara
Leading financial institution, Heritage Bank Plc and African Export Import Bank have agreed to pull resources together to develop natural resources in Zamfara State in partnership with other bodies and government. The parties have already sealed a $1billion Memorandum of…
AfDB tags AIF collective deal of the century for investments in Africa
The continental summit designed by Africa to draw nearer deep pocket investors, Africa Investment Forum (AIF), kicked off Monday in Johannesburg, South Africa, with the President of Africa Development Fund (AfDB), Dr. Akinwunmi Adesina, tagging it the “collective deal of…
Revealed: Russia would have signed aviation deal with Nigeria but turned to Egypt
Indications have emerged pointing out that the recent Aviation development deal sealed by Russia federation with Egypt would have been a Nigerian deal, but for certain issues bordering on Nigeria’s aviation industry. Some of the factors that failed Russia’s test…
What I want to see is Africans investing in Africa—-Elumelu
The Chairman of Heirs Holdings, and the Tony Elumelu Foundation (TEF), Tony Elumelu, has begun a new continental campaign designed to drive massive in-continent investments by citizens of the African continent. Speaking in Kigali, Rwanda at the recent African Export-Import…
Afreximbank seals $632.9m, €449.6m syndicated loan deal
African Export-Import Bank has successfully closed a record deal of $632.9 million and 499.6 million Euro dual-tenor dual-currency syndicated term loan facility. In a statement weekend, the bank said the general syndication stage of the $632.9m and 499. 6 million…
