Tag: $3 billion

AfDB, Japan Agree to Promote Private Investments in Africa

March 22, 2016/AfDB A 40-member delegation of Japanese investors paid a courtesy call on the African Development Bank Group in Abidjan on Monday, March 21, 2016, and met with AfDB President Akinwumi Adesina. The meeting focused on further strengthening AfDB-Japan cooperation in the public sector as well as promotion of […]

Bank of America fourth-quarter profit jumps as bank shakes off financial crisis

Bank of America Corp said on Wednesday quarterly profit surged by nearly $3 billion as revenue increased and mortgage losses plunged, the clearest sign yet the bank was shaking off the impact of the financial crisis. Results were strong across most of its businesses. Consumer banking had its best quarter […]

UBA, Other Banks Syndicate $3billion Medium Term Facilities for MTN

Press Release United Bank for Africa (UBA Plc), One of Africa’s leading financial institutions, along with a consortium of local and international banks, Tuesday signed a $3 billion (N470b) loan agreement with MTN Nigeria, towards expanding its network infrastructure in Nigeria.  Executive Director, Corporate Bank, UBA Plc, Mr. Emeke Iweriebor […]