Structured Finance - Africa Finance Review

Structured Finance

Nigeria's Leading Mortgage Company Secures $228 million Long-Term Blended Finance Facility.

Nigeria Mortgage Refinancing Company ( NMRC) has secured a substantial $228 million long-term blended finance facility. Why does this matter: The mortgage market in Nigeria is experiencing growth as more Nigerians grow use to consumer credit to realise their homeownership aspirations, acquire significant household assets, and purchase vehicles. According to

Structured Finance

Egypt Receives $820 Million From IMF's Extended Fund Facility (EFF) Deal.

Egypt has secured $820 million as the second tranche of the International Monetary Fund's (IMF) loan program. The country has been taking decisive measures to grow its economy, consistently reduce its debt-to-GDP ratio, and increase revenue through deals with some Middle Eastern investors. Despite facing economic