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petroleum revenue

Libyan oil export hiatus costs US$1.3 billion losses

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Libya's National Oil Corporation (NOC) on Tuesday said suspension of oil exports due to closure of oilfields and ports caused losses worth more than...
Cocoa has been the main cash crop for ghana.

Ghana secures US$1.3 billion syndicated facility for 2019/2020 cocoa purchases

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Ghana has secured 1.3 billion U.S. dollars in a syndicated loan facility for the purchase of cocoa beans in the 2019/2020 crop season. ...
hunting for eurobonds

Ghana’s US$1.3 billion energy bond shows partial success

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One part of Ghana's Energy Sector Levy Act (ESLA) backed bond showed positive results with high investor interest at the close of the bond...
global energy

Ghana set for US$1.3 billion energy bond issuance

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The government of Ghana is set to enter the domestic market on Tuesday to raise 6 billion Ghana cedis (1.36 billion U.S. dollars) via...
the world bank

World Bank signs US$1.3 billion agreement to support Ethiopia’s development

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The World Bank and the Ethiopian government on Friday signed two agreements amounting to 1.3 billion U.S. dollars to support Ethiopia's development. Abraham Tekeste, Ethiopian...
Tema Steel Company

Steel giant Ternium to buy Brazilian steel maker for US$1.3 billion

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Ternium, a steel producer which is part of the Italian-Argentine Techint conglomerate, announced Wednesday it would buy Brazil's Companhia Siderurgica do Atlantico (CSA) for...
Zimbabwe's economy is fragile and it does not have its own currency

Zimbabwe lower house passes $1.3 billion central bank debt bill

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The Reserve Bank Debt Assumption Bill sailed through parliament's lower house on Tuesday and has been referred to the upper house where it is...