August 5, 2025/US Federal Reserve The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) today released the public sections of resolution plans for the eight largest and most complex domestic banking organizations and 56 foreign banking organizations. These banks were required to submit resolution plans by July 1, […]
World News
Afreximbank Signs US$1.35 Billion Financing as Lead Arranger in USD 4 Billion Syndicated Facility to Refinance Dangote Refinery Construction
The financing alleviates initial operational expenditures and enhances DIL’s balance sheet, supporting its continued growth trajectory August 4, 2025/Afreximbank African Export-Import Bank (Afreximbank) is pleased to announce the signing of a US$1.35 billion financing facility in favour of Dangote Industries Limited (DIL). The facility is part of a larger approximately […]
Transforming dust: How Eritrea’s dams are revitalizing the land
A network of masonry dams is slowly transforming Eritrea’s rural landscape, bringing clean water, food security, and new hope to remote farming communities once battered by drought August 4, 2025/AfDB In villages across Eritrea’s dry interior, change is quietly flowing. Where seasonal rivers once surged and vanished without trace, hand-built […]
