Nigerian senate approves $2.8bn Eurobond
https://youtu.be/nQ8914UFUoU
Sub Saharan borrowers unfazed by Emerging Markets turbulence
LONDON — There are advantages to coming off a low base. As their financial sectors start catching up to the world’s more sophisticated markets, Sub Saharan African countries have been growing their global borrowing presence. So how have they been impacted by recent rocking of the Emerging Market boat through the well documented crises in…
The flawed debate around Africa’s China debt and the overlooked agency of African leaders
The complex relationship between Africa and China has become even more complicated this year. Initially, 2018 was set to reaffirm the bond through the latest Forum on China-Africa Cooperation summit held in Beijing in September. The summit delivered its usual pageant of African leaders, side deals, and the announcement of a $60 billionfinancing package. The year also…
RMB finances Thebe’s equity in Biotherm’s Round 4 projects
As part of the fourth round of the South African Renewable Energy Independent Power Procurement Programme (REIPPP), Rand Merchant Bank (RMB) introduced and funded Thebe Investment Corporation’s equity in a portfolio of projects developed by Biotherm South Africa. The portfolio of four projects – the 120MW Golden Valley wind project, the 31MW Excelsior wind project, the 86MW Konkoonsies…
RMB finances Thebe’s equity in Biotherm’s Round 4 projects
As part of the fourth round of the South African Renewable Energy Independent Power Procurement Programme (REIPPP), Rand Merchant Bank (RMB) introduced and funded Thebe Investment Corporation’s equity in a portfolio of projects developed by Biotherm South Africa. The portfolio of four projects – the 120MW Golden Valley wind project, the 31MW Excelsior wind project, the 86MW Konkoonsies…
Phase 1 of Morocco’s US $190m Al Houara project to be complete soon
Construction of phase one of US $190m Al Houara project in Morocco is set to be completed by the end of 2018 with the opening scheduled for the beginning of the second quarter of 2019. According to Abdullah Bin Hamad al-Attiyah, CEO of Qatari Diar, the project is a 234-hectare including 60 hectares of protected forest and 2.5…
Phase 1 of Morocco’s US $190m Al Houara project to be complete soon
Construction of phase one of US $190m Al Houara project in Morocco is set to be completed by the end of 2018 with the opening scheduled for the beginning of the second quarter of 2019. According to Abdullah Bin Hamad al-Attiyah, CEO of Qatari Diar, the project is a 234-hectare including 60 hectares of protected forest and 2.5…
Construction kicks of on Walvis Bay Port new container terminal in Namibia
Construction works on the Walvis Bay Port new container terminal in Namibia, set to place the country as a regional hub and gateway to international markets has kicked off. This is according to African Development Bank Group. According to the report from the bank, 85% of expansion works have been completed with ancillary activities to follow. The project includes…
Construction kicks of on Walvis Bay Port new container terminal in Namibia
Construction works on the Walvis Bay Port new container terminal in Namibia, set to place the country as a regional hub and gateway to international markets has kicked off. This is according to African Development Bank Group. According to the report from the bank, 85% of expansion works have been completed with ancillary activities to follow. The project includes…
DR Congo signs $14 bn dam development deal with China, Spain
The Democratic Republic of Congo on Tuesday announced a deal with Chinese and Spanish partners for the development of a much-delayed $14 billion hydroelectric project. The Inga 3 project is part of a major programme to expand hydroelectric dams along the Congo River. It has been on the drawing board for around 30 years but…