In line with its strategy of actively managing its asset portfolio and its objective to divest 5 B$ on years 2019-2020, Total is pursuing the divestments of several non-core assets in both Exploration-Production in Brunei, Sierra Leone and Liberia.
The the International Monetary Fund (IMF) approved the disbursement of $109.4 million to be drawn under the Rapid Credit Facility (RCF) to meet Rwanda’s urgent balance of payment needs stemming from the outbreak of COVID-19 pandemic.
The African Development Bank’s “Fight Covid-19” social bond, the largest social bond to date to be issued in the capital markets, listed on London Stock Exchange and is now available through its Sustainable Bond Market.
The World Bank Group approved $47 million in financing from the International Development Association (IDA) to fund the emergency response to the COVID-19 epidemic in the Democratic Republic of Congo (DRC).
Encouraging news regarding the corona crisis is coming from almost all of the hard-hit countries. In Italy, at the height of the crisis, 15 days ago, 6557 new corona infections were registered, which was 4316 yesterday
Mining companies have been affected by COVID-19 outbreaks, and global restrictions to encourage social distancing have meant that mining projects have either slowed or been put on hold until further notice.
The Ghana Investment Promotion Centre (GIPC) in support of the country’s fight against the deadly COVID-19 Pandemic, has donated over 3,000 Personal Protective Equipment (PPEs) to the Healthcare sector.
Following the national lockdown in South Africa, representatives of several governments have engaged with the joint BRPs of SAA to consider having the national carrier provide safe passage of their citizens to their home countries.
Vital Capital, a pioneering impact investor focused on companies in sub-Saharan Africa, has announced a new debt facility providing loans to promising businesses to help them get through the coronavirus pandemic.