Kenya, Uganda and Rwanda launch East Africa tourism portal
Three East African countries have launched an online portal in a bid to jointly market the region’s tourism products.
Three East African countries have launched an online portal in a bid to jointly market the region’s tourism products.
The African Development Bank has disbursed an equity investment of US $8.2 million in Shelter Afrique, a Development Finance Institution investing in affordable housing for Africa.
2016 marked a challenging year for African equity markets in the wake of lower economic growth and political upheaval around the globe, largely as a result of the US elections cycle and the Brexit vote. African equity capital markets (ECM) broke a streak of three successive years of growth, recording a decline in overall ECM activity of 28% from 2015 in the number of transactions and 33% from 2015 in terms of capital raised.
The African Export-Import Bank (Afreximbank) and Ecobank Transnational Incorporated (BRVM: ETIT, GSE: ETI, NGSE: ETI), parent company of the Ecobank Group have signed a memorandum of understanding (MOU) to promote joint corporate objectives through the financing of private sector projects and trade finance transactions, focusing particularly on transactions involving trade and investment in Afreximbank member countries where Ecobank also has a presence.