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InfraCredit Completes Drawdown Of AfDB’s $10m Loan Agreement

InfraCredit Completes Drawdown Of AfDB’s $10m Loan Agreement     InfraCredit, an ‘AAA’ rated specialised infrastructure credit guarantee institution, says it has completed the drawdown of $10m subordinated unsecured 10-year facility under the subordinated loan agreement with the African Development Bank, an international financial institution and multilateral...

West Africa Container Terminal Upgrade To Gulp $10m

West Africa Container Terminal Upgrade To Gulp $10m   The West Africa Container Terminal (WACT), Onne Port, Rivers State, says it is preparing to take delivery of two new mobile harbor cranes from Liebherr, as part of an unprecedented $10 million upgrade. The upgrade will bring WACT,...

Power: Benin Republic, Niger Pay Nigeria $10m After Disconnection Threat

Power: Benin Republic, Niger Pay Nigeria $10m After Disconnection Threat The Republics of Benin and Niger have paid $10.1m as electricity bill to Nigeria to avert being disconnected from their power source in Nigeria after the Federal Government threatened to disconnect debtors. It was also learnt...

Ventures Platform, USNC Boost Capacity Fund For Entrepreneurs With $10m

Ventures Platform, USNC Boost Capacity Fund For Entrepreneurs With $10m In a bid to boost the capacity of Africa’s entrepreneurs, Ventures Platform, in partnership with the United States Nigeria Council (USNC), have set-aside $10 million corporate leaders fund aimed at backing proven Nigerian entrepreneurs with...

O-Mobile Secures $10m Grant To Drive Digital Economy

O-Mobile Secures $10m Grant To Drive Digital Economy   O-Mobile Multimedia Limited, a Nigerian firm that specialises in technology based financial and agricultural services development, has secured a grant of $10 million from So.Sui.Ben Foundation, a Swiss-based non-governmental organisation that promotes development in Africa. The grant, which...