Accra, Ghana//—The World Bank has appointed Robert Taliercio O’Brien as Country Director for Ghana, Liberia, and Sierra Leone in the Western and Central Africa Region. His appointment takes effect from January 2nd, 2024, and he will be based in the World Bank’s Accra Office.
Category: Finance
Allianz: Key Risk Trends for Directors and Officers in 2024
Board members and company executives can be held liable for an increasing number of scenarios. Inadequate responses to economic pressures, geopolitical issues, implementing innovative technologies such as GenAI, or environmental, social, and governance (ESG) challenges are among the main factors driving the possibility that a company and its Directors and Officers (D&Os) may be sued in 2024, according […]
Commonwealth Launches E-learning Course to Help African Countries Access Billions in Climate Finance
A new Commonwealth e-learning course launched yesterday will improve the ability of African countries to access billions of dollars in climate finance.
European Investment Bank Partners with Central Bank of Kenya to Unlock Climate Finance
The European Investment Bank (EIB) and the Central Bank of Kenya today launched a new climate finance best practice initiative to strengthen engagement by Kenyan financial institutions to finance climate-related investment, enable commercial banks to mobilise climate finance essential to achieving a net zero economy and strengthening the climate resilience of the Kenyan financial systems.
Tony Elumelu Convenes Global Leaders and Calls for Immediate Climate Action for Africa at COP28
Lagos, Nigeria// — Tony Elumelu Foundation (https://www.TonyElumeluFoundation.org) Hosts US Administration, WTO, UNDP, IFC, UNICEF, Rockefeller Foundation Leaders; Champions equitable partnerships to catalyse a new generation of green entrepreneurs.
COP28: Tony Elumelu Convenes Global Leaders and Calls for Immediate Climate Action for Africa
Dubai, UAE//-At a series of events across COP28, Tony Elumelu delivered a single message to world leaders and said Africa needs to be heard,
Ghana Maintains Key Policy Rate to Curb Amid Inflation Concerns
Accra, Ghana//-The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has kept the Policy Rate at 30.0%.
Ghana Cedi Depreciates 25.8% to Dollar Since January 2023 – BoG
Accra, Ghana//-The Ghana cedi has lost about 25.8% in value against the US dollar as of November 2023, the Bank of Ghana has disclosed.
A Credit-risk Approach to Financial Crime Risk: The Future of Correspondent Banking in Ghana
Correspondent banking may sound like a term straight out of a financier’s dictionary, but its implications ripple through the entire economy, touching the lives of both businesses and individuals.
Central Bank Digital Currency Development Enters the Next Phase
Central bank digital currencies can improve payment systems as well as financial inclusion—if they are appropriately designed. If not, they could pose risks.