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AfDB

Olivine yet to receive US$8m AfDB loan

Olivine Industries Ltd, a local unit of Wilmar International, is yet to receive US$8.25 million loan it secured from African Development Bank (AfDB) about four months ago because the regional banking group is waiting for a plan on how the…
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AfDB targets to raise $8bn

The African Development Bank’s (AfDB) said yesterday its board of directors has approved a plan by the continental lender to mobilise $8 billion from capital markets across the world in 2018.
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