Deutsche Bank’s $305m 10-year lending facility for Angola’s infrastructure development, which was agreed in June, can help the country’s diversification away from oil, Maryam Khosrowshahi, the bank’s co-head of Africa coverage, tells TheAfricaReport.
Deutsche Bank’s $305m 10-year lending facility for Angola’s infrastructure development, which was agreed in June, can help the country’s diversification away from oil, Maryam Khosrowshahi, the bank’s co-head of Africa coverage, tells The Africa Report.highway, which forms an east-west route across the north of the country.
The road has a “strong development rationale”, Khosrowshahi says. The loan has 95% insurance cover from theGet unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Africa’s biggest banks are hiring – here’s what they are looking forSeveral banks in South Africa are embracing the “new world of work.”
Read more »
South African factory activity contracts again in June - Absa PMISouth African manufacturing activity contracted for the fifth consecutive month in June due to a worsening of business conditions, a survey showed on Monday.
Read more »
More than 9 400 suspects arrested in KZN in June - SABC NewsMore than 9 400 suspects have been arrested in KwaZulu-Natal in June. They’ve been arrested for crimes ranging from murder, attempted murder, possession of illegal firearms and ammunition, drug possession and kidnapping.
Read more »
June economic update[ADVISOR VIEW] Markets rebounded in June as investors cheered news the US had agreed to lift the debt ceiling and avoid default. Sentiment was also buoyed by hopes China will introduce fresh rounds of stimulus: MichaelHaldane - GlobalLocalZA. Economy
Read more »