Following a year of significant network growth and expansion, MoneyGram (NASDAQ: MGI), a leading global money transfer and payment services company, has reached a company milestone and is now offering services in 200 countries and territories worldwide. The achievement follows new agreements with agents in Equatorial Guinea and Myanmar.

After acquiring an interest in offshore Madagascar earlier this year, OMV is taking the next step to build an exploration business in Sub-Saharan Africa. OMV signed binding agreements to farm-in with Ophir Energy, an independent exploration company listed on the London Stock Exchange.

The Boards of the African Development Bank (AfDB) on Wednesday, December 4 approved a cumulative US $4.89 billion (UA 3.188 billion) for the 2014 Borrowing Program of the AfDB Group, which includes US $199.58 million (UA 130 million) for possible draw down under the loan component of the Enhanced Private Sector Assistance (EPSA) Initiative for Africa.

PROPARCO and Ecobank Transnational Incorporated (ETI), the holding company of Ecobank Group, today announced the signing of a USD 50m loan agreement with a 10-year maturity.