Rwanda has announced plans to issue a treasury bond worth US$21.8mn for five years to invest in infrastructure projects in the country
Finance
EU to allot US$618 million to Rwanda
The European Union (EU) has announced it will allocate US$618mn of funding from its 11th European Development Fund (EDF) to Rwanda
Kenyan government raises US$2 billion through Eurobond
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 Bank to open branch in South Africa
Indias ICICI Bank has plans to open branches in South Africa, after the Reserve Bank of India granted regulatory approval
Sage Pastel to help Nigerian businesses follow international financial standards
International accounting firm Sage Pastels new product range enables small and medium sized enterprises (SMEs) in Nigeria to comply with the International Financial Reporting Standards (IFRS)