Banking & Finance

Chinese bank invests in African infrastructure development

CDB  tylerriewerChina Development Bank (CDB) has invested at least US$2.4bn in African infrastructure and commercial projects

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World Bank approves funds for Burkina Faso power sector

power Ashwin JohnThe World Bank has approved a US$50mn International Development Association (IDA) credit to support Burkina Faso's efforts to improve electricity supply in the West African nation

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African private equity finds ‘silver lining’

Co-operative Bank of KenyaWhile the developed world still faces years of economic stagnation and further deleveraging and mainstream emerging markets are seeing growth slowdown, many African countries are witnessing an economic renaissance, writes Moin Siddiqi

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African private equity funds tops 11 per cent annual return for decade-long period

Johannesburg Stock ExchangeA new index of institutional-quality private equity funds in Africa posted an 11.2 per cent annualised return for the 10 years ending September 30, 2012

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AfDB to invest in Nigerian infrastructure development

abuja  Jeff AttawayThe African Development Bank (AfDB) has revealed plans to invest in Nigeria's infrastructure development and support environment policy in the West African nation

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