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Tag: deal

Business
NPA finalizes $700m loan deal for Apapa and tincan ports rehabilitation

NPA finalizes $700m loan deal for Apapa and tincan ports rehabilitation

April 19, 2024November 20, 2024 AGS

AGS NEWS – The Nigerian Ports Authority (NPA) has finalized a $700 million loan agreement with Citibank to fund the rehabilitation of the Apapa and Tincan Island Ports in Lagos. This funding, facilitated by the UK Export Finance, marks a … Continue reading NPA finalizes $700m loan deal for Apapa and tincan ports rehabilitation

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TikTok shop in Indonesia set to reopen after $1.5bn deal

TikTok shop in Indonesia set to reopen after $1.5bn deal

December 12, 2023November 20, 2024 AGS

Social media giant TikTok has entered into a joint venture with Indonesian tech company GoTo to relaunch its online shopping business in the country. As part of the deal, TikTok, owned by China’s Bytedance, will invest over $1.5 billion in … Continue reading TikTok shop in Indonesia set to reopen after $1.5bn deal

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UBA partners with AfCFTA in $6 billion deal to boost SME funding

UBA partners with AfCFTA in $6 billion deal to boost SME funding

December 2, 2023November 20, 2024 AGS

United Bank for Africa (UBA), one of Nigeria’s premier financial institutions, has recently entered into a Memorandum of Understanding (MoU) totaling $6 billion with the African Continental Free Trade Area (AfCFTA) secretariat. The primary objective of this agreement is to … Continue reading UBA partners with AfCFTA in $6 billion deal to boost SME funding

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Israel frees 39 Palestinian prisoners in exchange deal with Hamas

Israel frees 39 Palestinian prisoners in exchange deal with Hamas

November 24, 2023November 20, 2024 AGS

39 Palestinian detainees have been released from Israeli prisons in exchange for a group of hostages held by Hamas. The release, part of a ceasefire agreement, involves individuals accused of offenses ranging from throwing stones to attempted murder. ALSO READ: … Continue reading Israel frees 39 Palestinian prisoners in exchange deal with Hamas

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