The first tranche of $150 million was disbursed on October 16, 2024 November 11, 2024/Afreximbank African Export-Import Bank (Afreximbank) has approved a US$200 million Corporate Finance Facility in favour of BUA Industries Limited (BIL) to support its expansion plans. BIL is a Nigerian conglomerate with diversified business interest spanning across, […]
Author: InvestAdvocate
Ecobank Partners with Nium to Unlock Real-Time Cross-Border Payments Across 35 African Markets
Nium announces its partnership with Ecobank, a pan-African financial solutions leader, bringing real-time cross-border payments to 35 markets on the continent November 11, 2024/Ecobank Nium, the leading global infrastructure for real-time cross-border payments, announced a partnership with Ecobank Transnational Incorporated the leading independent pan-African financial services group, to enable seamless […]
How Property Taxes Can Help Low-Income Countries to Develop
(Credit: vuk8691/iStock by Getty Images) November 11, 2024/IMFBlog By Martin Grote, Mario Mansour, and Jean-François Wen The world’s governments must raise an additional $3 trillion to achieve sustainable and inclusive economic growth goals this decade. The cost in emerging markets equals 4 percent of gross domestic product—and 16 percent for low-income countries. How […]
