April 29, 2020/Cordros Report EQUITIES At the close of today’s trading session, the domestic bourse sustained its positive trend, following demand for MTNN (+2.4%) and FBNH (+3.4%) stocks. Pointedly, the All-Share Index increased by 0.6% to 22,868.40 points. Consequently, the Month-to-date gain increased to 7.4%, as Year-to-Date losses moderated to […]
Updates
AfDB approves $40 million package for Angola’s Banco Millennium Atlântico to support SMEs
The package consists of a $32 million line of credit from the African Development Bank and an additional $8 million in parallel financing from the Africa Growing Together Fund (AGTF) April 29, 2020/AfDB The Board of Directors of the African Development Bank (www.AfDB.org) on 15 April approved a $40 million […]
Africa Finance Corporation Appoints New Chairman and Announces Changes to Its Board
April 29, 2020/Aetoswire Africa Finance Corporation (“AFC” or the “Corporation”), the leading infrastructure solutions provider in Africa, today announces the appointment of Dr. Kingsley Obiora as its new Chairman as well as the appointment of Mr. Henry Oroh, Ms. Soula Proxenos, and Mr. Batchi Baldeh Non-Executive Directors. Appointment of Dr. […]
