Republic of Congo |

Republic of Congo Eurobond Trustee Said to Announce Coupon Payment

BRAZZAVILLE (Capital Markets in Africa) – Delaware Trust, Eurobond trustee for the Republic of Congo, issued statement Aug. 29 that $21 million of overdue principal and interest payments will be transferred to investors soon, according to two people familiar with the matter. People asked not to be named as they were not authorized to speak publicly. The statement said that Commissions Import Export, a contractor claiming it’s owed money from Republic of Congo’s government, has…

New IFC and Ecobank Facility to Finance SMEs in Fragile and Conflict-Affected States in West and Central Africa

Posted on by The Editorial Team

Burundi, (Capital Markets in Africa) -IFC, a member of the World Bank Group, and Ecobank Transnational Incorporated, parent company of the Ecobank Group and leading pan-African full-service banking group, today announced the launch of a $110 million risk-sharing facility that will increase access to finance for small and medium sized enterprises in fragile and conflict-affected states in West and Central Africa. The target countries face extreme and persistent poverty exceeding 50 percent of their populations,…