Local Currency Financing News
Latest articles and news about Local Currency Financing on AXL Media.
Latest Articles
- World Bank And Citigroup Launch Ninety-Eight Million Dollar Rand Facility To Stabilize South African Lending
Published: Apr 16, 2026
Section: Africa
The World Bank’s International Finance Corporation and Citigroup have introduced a 1.6 billion rand financing facility to expand local currency access for South African businesses....
- IFC and Citi Finalize R1.6 Billion Agreement to Expand Local Currency Lending for South African Infrastructure
Published: Apr 15, 2026
Section: Africa
The International Finance Corporation has signed a landmark R1.6-billion borrowing facility with Citi to enhance its local currency financing capacity in South Africa. This agreeme...