Tag: Loan

Nigeria says China offered $6 billion loan for infrastructure

Tue Apr 12, 2016/Reuters By Felix Onuah China has offered Nigeria a loan worth $6 billion to fund infrastructure projects, the Nigerian foreign minister said on Tuesday. The announcement came as both countries signed a currency swap deal to boost trade. Nigeria has been in talks with China on an […]

Nigeria’s Buhari to sign loan deal from China during visit next week-spokesman

Wed Apr 6, 2016/Reuters By Felix Onuah and Ulf Laessing Nigerian President Muhammadu Buhari will sign a loan deal with China during a visit next week, his spokesman said on Wednesday, helping to finance badly-needed infrastructure projects. “I can’t tell you how much until the day the loan will be […]

Ethiopian Government Offers Tax, Loan Incentives to Cut Cost of Local Drug Production

April 6, 2016/Frost & Sullivan The Government of Ethiopia is offering tax and loan incentives to encourage local pharmaceutical production that will ultimately reduce the cost of drugs, increase job opportunities, improve economic growth and enhance foreign exchange inflow. Ethiopia has previously relied heavily on pharmaceutical imports – or international […]