Arash Azarmi: “Iranian currency has lost more than 80% of its value

Arash Azarmi is an economics and business expert working for Volant Media UK who own London-based Persian news channel, Iran International. From his education...

Post COVID-19: Africa’s growth stands to rebound to 3% in 2021, African Development Bank...

- Governments and development partners must respond in a more coordinated, targeted, and rapid manner to be effective in limiting impacts - An additional 49 million Africans...

AfDB: 5 former vice-presidents calling for a « consensus »

Reacting to the so-called "16 allegations of whistleblowers" crisis which has paralyzed the African Development Bank for several weeks, five former vice-presidents published on...

Prof. Benedict Oramah Re-appointed as Afreximbank President

Shareholders of African Export-Import Bank (Afreximbank) have voted and re-appointed Prof. Benedict Oramah as President of the Pan-African multilateral financial institution for a second...

[The Tribune of Creditinfo] The evolution of retail credit in the banking sector...

By Adamou Sambaré, Managing Director of Creditinfo West – Africa. Covid – 19 has hit the world with a “double shock”: an unprecedented contraction in...

African Development Bank unveils strategy roadmap to safeguard food security against impacts of COVID-19

The African Development Bank has unveiled a strategic roadmap of projects and programmes to assist African countries in tackling the nutrition and food security aspects...

Standard Chartered appoints Subhradeep Mohanty as Chief Financial Officer (CFO) for Africa...

Standard Chartered  has today announced the appointment of Subhradeep Mohanty as Chief Financial Officer (CFO) of the Africa and Middle East (AME) region. Subhradeep...

Westbridge Mortgage REIT (WMR) announces further expansion into West Africa with a new bank...

The Canadian mortgage banking specialist confirms its commitment to the African banking market, with the successful closing of the NBM Bank acquisition in Mauritania.  Westbridge...

Private Creditors Establish the Africa Private Creditor Working Group

The Africa Private Creditor Working Group is an initiative to represent the views of international private creditors invested in Africa and to work with...

Afreximbank Bucks COVID-19 On Course to Raise over US$1 billion in Syndicated Loan

The African Export-Import Bank (Afreximbank) vaulted market uncertainties caused by COVID-19 pandemic to successfully conclude a dual-currency Syndicated Loan, raising the equivalent of US$907.5 million, comprised...

Afreximbank Announces $3-Million COVID-19 Response Grant for African Countries

The African Export-Import Bank (Afreximbank) has announced a $3-million grant to complement continental efforts to combat the COVID-19 pandemic. Afreximbank President Prof. Benedict Oramah, who made...

Our collective humanity is at stake: African Development Bank President

African Development Bank Group President Akinwumi Adesina says an accelerated global health and economic effort is needed to overcome the COVID-19 pandemic in Africa. Stating...

“Nobody eats GDP” says African Development Bank President as he calls for inclusive growth

Africa’s economies are growing strongly, but growth alone cannot meet the needs of the continent’s poorest citizens, because “nobody eats GDP,” the African Development...

Afreximbank Signs to Launch 300-Billion Naira Medium-Term Note Programme in Nigeria

The African Export-Import Bank (Afreximbank) today in Lagos, Nigeria, signed documents to complete the registration of a 300-billion Naira medium-term note with the Securities and...
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