InfraCredit is a specialized Nigerian credit guarantee company that mobilizes long-term capital from institutional investors to support infrastructure projects June 21, 2024/AfDB The African Development Bank and Infrastructure Credit Guarantee Company Limited (InfraCredit) have signed an agreement for a $15 million subordinated loan facility to strengthen InfraCredit’s capital base and […]
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Chevron Signs Contracts for Ultra-Deepwater Blocks in Angola Amid Attractive Policies
Chevron has signed risk service contracts for Block 49 and 50 in Angola’s Lower Congo Basin June 19, 2024/AEC Multinational energy corporation Chevron has signed two Risk Service Contracts (RSC) for Block 49 and Block 50, located in the ultra-deep waters of Angola’s Lower Congo Basin. The company – through […]
G-7 Leaders Reaffirm Support for Billion-Dollar Infrastructure Programme for Africa, Pledges More Support to AfDB-Backed Initiatives
African Development Bank had invested over $50 billion in quality infrastructure in Africa over the past eight years June 18, 2024/AfDB G-7 leaders meeting at their summit in Puglia, Italy have reaffirmed support for multi-billion-dollar infrastructure projects across Africa to realise the continent’s economic potential and transformation. US President Joseph […]
