April 12, 2017/AFC Africa Finance Corporation (‘AFC’), a leading pan-African multilateral development finance institution and project developer, has issued a US$500 million 7 year Eurobond. The senior, unsecured Eurobond which carries a coupon of 3.875% was priced to yield 4.000% and matures in April 2024. The Eurobond received strong global […]
Updates
AfDB pledges support to Batoka Energy Project at investors’ conference in Zambia
April 12, 2017/AfDB The African Development Bank’s Vice President for Power, Energy, Climate and Green Growth Sector Complex, Amadou Hott, was in Livingstone, Zambia, on 30 and 31 March 2017 attending the 2,400-MW Batoka Gorge Hydro Electric Scheme (BGHES) investors’ conference, where stakeholders discussed progress and financial support to the […]
Bulk of Nigeria’s ERGP Investment Expected from Private Sector
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Following the launch of the Economic Recovery and Growth Plan (ERGP) by President Muhammadu Buhari a week ago, Nigeria is expected to make N75.03 trillion investment, bulk of which is expected from the private sector. Professor Olu Ajakaiye former Director-General of the Nigerian Institute of […]
