Total, Mozambique sign security pact for $20 bn natural gas projectInternational Finance Business DeskSeptember 3, 2020 by International Finance Business DeskSeptember 3, 2020 A joint task force will be formed to provide security for Mozambique LNG project activities in the Afungi site... Read more
Andean Telecom Partners secures $170 mn loanInternational Finance Business DeskSeptember 2, 2020 by International Finance Business DeskSeptember 2, 2020 The company secured loan from a group of lenders led by the Bank of Nova Scotia... Read more
UAP reports Sh57 mn loss in H1 2020International Finance Business DeskSeptember 2, 2020 by International Finance Business DeskSeptember 2, 2020 The insurance firm reported a profit of Sh 517million in the same period last year... Read more
Indonesia requires $47 bn for port developmentInternational Finance Business DeskSeptember 2, 2020 by International Finance Business DeskSeptember 2, 2020 The investment requirement to develop ports from Sumatra to Papua is based on the master plan for national ports... Read more
The UK advised to increase renewable electricity to 65% by 2030: ResearchInternational Finance Business DeskSeptember 1, 2020 by International Finance Business DeskSeptember 1, 2020 The National Infrastructure Commission urges the country to increase target as a sharp decline in cost of renewable generation is found... Read more
Nigeria’s capital imports nosedive 78.6% to $1.295 bn in Q2International Finance Business DeskSeptember 1, 2020 by International Finance Business DeskSeptember 1, 2020 Its capital imports had dropped $21.32 billion seven years ago to $5.12 billion in 2016 and has merely recovered ever since... Read more
Egypt signs $2 bn loan with regional and international banksInternational Finance Business DeskSeptember 1, 2020 by International Finance Business DeskSeptember 1, 2020 Emirates NBD Capital and First Abu Dhabi Bank are the joint coordinators and lead managers of the deal... Read more
Argentina seeks to boost oil and gas production as part of economic revivalInternational Finance Business DeskAugust 31, 2020September 2, 2020 by International Finance Business DeskAugust 31, 2020September 2, 2020 In the first half of the year, the country’s crude oil exports increased 33 percent to an average of 51,840 barrels per day... Read more
Monzo’s annual loss more than double; Monzo Plus performs wellInternational Finance Business DeskAugust 31, 2020 by International Finance Business DeskAugust 31, 2020 The digital bank has said that the pandemic’s uncertainty might affect its operations... Read more
Port of Kisumu refurbished to boost Kenya’s tradeInternational Finance Business DeskAugust 31, 2020 by International Finance Business DeskAugust 31, 2020 It is reported that the Sh3 billion port has handled more than 62 percent cargo last year... Read more