Uganda: Parliament Approves $331 Million Loan for Electricity Access

Parliament has approved a government request to borrow up to $331.5 million from the World Bank Group’s International Development Association, after which it will receive a $276.5 million grant. The loan will fund the Electricity Access Scale Up Project (EASP), which aims to improve access to electricity nationwide. ADVERTISEMENT While presenting a loan application to … Read more

IHS Holding Limited completes $600 Million Three-Year Bullet-Term Loan

Download logo RMB (www.RMB.co.za) acted as the Mandated Lead Arranger & Bookrunner on IHS Holding Limited’s (NYSE: IHS) (“IHS Towers”) $600 million syndicated credit facility. RMB was one of the lead banks in the transaction and brought its country specific expertise and global market knowledge to the structuring of this facility. IHS Towers is one … Read more

$24 Million Drained from Ethereum Wallet in Phishing Scam

Source: AdobeStock / PR Image Factory In a significant crypto heist, an unknown individual has reportedly lost access to a staggering $24 million worth of crypto from their Ethereum wallet. The incident, believed to be the result of a phishing scam, stands as one of the largest individual crypto thefts to date, crypto news outlet … Read more