Vincent Toritseju, with agency reports 05 February 2018, Sweetcrude, Lagos — Energy consumption in Africa is the lowest in the world…
Browsing: Africa Development Bank
The minister said, “The council enthusiastically approved these facilities which are on long term, meaning that the DBN will be able to lend to our MSMEs over much longer periods and at much lower rates. So the impact on the SMEs will be quite considerable.”
He said, “Following the high over-subscription of $1bn Eurobond issuance, we wish to take advantage of favourable market conditions to issue a Eurobond debt instrument of $500m. This will fund the implementation of the 2016 budget, which is ongoing. Given that the implementation of the 2016 budget is still ongoing, we plan to issue the Eurobond between February and March 2017, subject to market conditions.
06 February 2017, Abuja – Workers under the aegis of the National Union of Electricity Employees and the Senior Staff Association…
“The DBN will provide loans to all sectors of the economy, including manufacturing, services and other industries not currently served by the existing development banks, thereby filling an important gap in the provision of finance to Micro, Small and Medium Enterprises.”
