The International Finance Corporation has secured approval to regularly issue local currency bonds in Ghana worth up to $1 billion to bolster the West African country’s domestic bond market, it said on Wednesday. IFC, the World Bank’s private sector arm, said Ghana’s Securities and Exchange Commission and the Ghana Stock […]
Tag: IFC
IFC to finance 1,500mw of electricity in Nigeria
The International Finance Corporation, a member of the World Bank Group, on Friday announced a plan to support investments that would add 1,500 megawatts of power generation capacity to the Nigerian national grid and provide electricity for up to eight million households over the next 18 months. IFC, in a […]
191 Investors Sought Nigeria’s $1.0 billion Eurobond-DMO
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Debt Management Office (DMO) Friday said about 191 investors sought the nation’s just concluded $1.0 billion Eurobond offer. Abraham Nwankwo, Director General (DG) of the Nigeria’s DMO revealed this in his presentation at a retreat for financial journalists with the theme “Opportunities for the […]
