Browsing Tag
billion
5 posts
South Africa raises $1.1 Billion bailout for ailing Airline
South Africa has almost doubled its funding for the national airline to 16.4 billion rand ($1.1 billion), cash…
South Africa to Establish $2 Billion Sovereign Wealth Fund
South Africa has announced that it will use money from the sale of broadband spectrum and mining royalties…
Tanzania’s gold, dollar reserves reach $5.5billion
By the first half of 2019/2020, covering more than six months of imports, Tanzania accumulated $5.5 billion worth…
Nigeria to Review Privatization of Power Assets
Nigeria will review the sale of power assets to private investors after they have been unable to improve…
Madagascar Seeks $17 Billion Developmental funds
Madagascar, the world’s biggest producer of vanilla, is seeking about $17 billion in aid and investment to help…