The African Export-Import Bank (Afreximbank) and Ibom Power Company have formally agreed that the latter will make quarterly repayments on an over $7 million loan(Settlement Sum) obtained from the bank, with full repayment targeted by 2028.
The post EXCLUSIVE: Ibom Power to pay off ‘$7.8 million’ Afreximbank loan by 2028 appeared first on Nairametrics.
In this interview with Nairametrics, Founder and CEO of Maplerad, Obinna Chukwujioke, speaks on the challenges slowing cross border payments in Africa, the future of banking infrastructure, the […]
Kuwait has temporarily suspended the issuance of Commercial Visit Visas for all nationalities, effectively halting short-term business travel into the country and disrupting corporate mobility […]
Canadian payment technology company Nuvei has agreed to acquire cross-border payments firm Payoneer for approximately $2.75 billion in cash, according to a report by Reuters. […]