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UBA redeems USD500 million 5-year Eurobond
Issued in 2017, the five-year bond was offered at a coupon rate of 7.75 percent.
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Mastercard, Ecobank partner to digitize agric value chains in Africa
The initiative is estimated to empower millions of smallholder farmers through digital and financial inclusion.
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Pension funds, others worry over future performance of fixed income market
Many are planning to reduce their fixed income exposure.
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Global Centre on Adaptation to Support Côte d’Ivoire on ESG projects
MoU aims to enhance and increase the share of adaptation and resilience investments financed by Côte ...
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IFAD calls for more climate finance in support of small-scale farmers
Small-scale farmers produce one-third of the world’s food, but receive only 1.7 per cent of climate finance.
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Remittances to reach $630 billion in 2022
The top five recipient countries for remittances in 2021 were India, Mexico (replacing China), China, the Philippines, and ...
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AFC launches $2bn facility for economic recovery, resilience in Africa
Over the last 15 years, AFC has built experience mobilizing global capital for critical infrastructure projects in Africa with ...
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AfricInvest raises over $400mn for its African mid-cap focused fund
AF IV aims to invest in mature and profitable African mid-cap companies across diverse sectors to accelerate their regional ...
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Global carbon pricing generates record $84 billion in revenue
Carbon prices hit record highs in many jurisdictions, including the European Union, California, New Zealand, the Republic of ...
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DuPont publishes 2022 sustainability report
The report details progress on the company’s sustainability strategy organized under three pillars: Innovate, Protect and ...
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World Bank approves $200mn for Ghana to accelerate digital transformation
Digital is one of Ghana’s best-performing sectors and grew on average by 19% per year between 2014 and 2020.
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Ecobank, partners fight malaria with business leadership initiative
Malaria is responsible for Africa losing 4.3bn working days, 1.5bn school days, and also costs the continent an estimated $12bn ...
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Fintech, infrastructure drive investor interest in Africa
Venture capital activity comprised 80 percent of total reported deals in 2021, up from 6 percent between 2016 and 2020, ...
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Buy-side investors see climate risk as number one ESG priority
Only one in four respondents (26%) say the quality of ESG data from credit rating agencies is very high or high.
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Abdulaziz confirmed as MD/CEO of Transmission Company of Nigeria
Abdulaziz was noted for his collaborative management approach, which TCN said also engendered synergy and consultation among ...
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Singapore-based agribusiness to expand to Nigeria with IFC facility
Robust primarily trades in specialty crops such as cashews, sesame, ginger, and gum arabic, among others.
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New benchmark rate replaces LIBOR in IFC financing for Atlas Tower Kenya
“IFC’s investment in Atlas Tower Kenya also reflects the institution’s strategy to increase competition in the ...
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ThriveAgric raises $56.4 mn to accelerates pan-Africa expansion
The new investment will enable the company to grow its 200,000+ farmer base, and expand into new African markets, including ...
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Netflix, UNESCO announce winners of African folktales film competition
Staying true to the competition’s aim of showcasing Africa’s rich cultural heritage, the short films will feature ...
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G-20 go big on climate vows but policies at home lack punch - study
The Policy Scoreboard examines six major areas policymakers can address when seeking to limit GHG emissions.
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Hannover Re becomes 5th insurer to opt out of EACOP
Global banks, including HSBC, Mizuho, ANZ, Barclays, BNP Paribas, Credit Agricole, Credit Suisse, Royal Bank of Canada, Societe ...
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