ABIDJAN, Ivory Coast. The Board of Directors of the African Development Bank (www.AfDB.org) has approved a loan of approximately R5 billion ($288 million) to the government of South Africa, as the country battles one of the largest COVID-19 … Read the rest
The New Development Bank plans to lend as much as $780 million to Eskom Holdings SOC Ltd. for infrastructure projects this year as the ailing South African power utility battles to keep power supply steady.
Eskom, which on Wednesday entered … Read the rest
The European Union has given Zimbabwe $267 million, it said on Monday, the first time the bloc has given financial aid to the southern African nation’s government since imposing sanctions in 2002.
The 28-nation EU has gradually eased biting sanctions … Read the rest