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Finance

President Paul Kagame recently announced that Rwanda will sell its second international bond worth US$1bn in 2015. (Image source: DFID/Flickr)

Rwanda has announced plans to issue a treasury bond worth US$21.8mn for five years to invest in infrastructure projects in the country

The Rwandan government is introducing reforms including revised investment codes and enforcing the use of billing machines. (Image source: Tiz/Flickr)

The European Union (EU) has announced it will allocate US$618mn of funding from its 11th European Development Fund (EDF) to Rwanda 

The Kenyan government will use the funding to finance major infrastructure projects. (Image source: Angela Sevin)

Kenya has successfully raised US$2bn from the international markets through a Eurobond, which according to government officials was oversubscribed by 500 per cent

ICICI Banks expansion plans would remain India-centric, according to its CEO Chanda Kochhar. (Image source: Ian/Flickr)

Indias ICICI Bank has plans to open branches in South Africa, after the Reserve Bank of India granted regulatory approval

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