Category archives for: Investing

World Bank Signs About $570 Million Worth of Projects Agreement with Ghana

Accra, Ghana, January 17, 2020//-World Bank today signed four agreements with the Government of Ghana worth about $570 million. Out of this amount, $557 million are credits while just over $12 million are grants.

Prospects for Economic Growth Hinge on Reducing Trade Disputes, Uncertainty

January 17, 2020//-The United Nations’ flagship publication on expected trends in the global economy, the World Economic Situation and Prospects 2020, predicts that one in five countries will see per capita incomes stagnate or decline this year.

World Bank Group Executives Visit Djibouti to Discuss Country’s Dev’t Prospects

 Djibouti, January 16, 2020/ — A delegation of World Bank Group Executive Directors (EDs) has concluded its visit to Djibouti after gaining a comprehensive perspective of the country’s current development status and future opportunities, with its focus on youth and women.

Japan Has Highest National Debt per Citizen with $89,000

January 14, 2020//-Data gathered and calculated by indicates that Japan has the highest national debt per person. With a population of 126,847,639, each Japanese national owes 89,525.51 of the $11.4 trillion national debt.

Women’s Program Engagement Launches to Promote Female Entrepreneurship

Washington D.C., January 13, 2020//Africa Trade and Investment Global Summit (ATIGS) recently announced its collaboration with Global Sustainable Partnerships to spearhead the inaugural Women’s Program Engagement Council (WPEC), a global initiative designed to help African women entrepreneurs expand into new markets and promote and facilitate international trade between Africa and the rest of the world.

Good News for Global Economy, Growth to Edge Up to 2.5%

Washington D.C., USA, January 9, 2020/ — Global economic growth is forecast to edge up to 2.5% in 2020 as investment and trade gradually recover from last year’s significant weakness but downward risks persist, the World Bank says in its January 2020 Global Economic Prospects.

The Eco: The Devil Is In The Detail

January 9, 2020//-Nine days ago, Alassane Ouattara, President of Cote d’Ivoire, announced that the eight countries of the West African Monetary Union (WAMU) will discontinue the use of the CFA Franc and adopt the proposed, common currency of ECOWAS, the Eco.

Boost for African SMEs as AGF Receives $33M Capital Increase

Nairobi, Kenya, January 9, 2020/ — Africa’s leading Guarantee Institution, African Guarantee Fund (AGF) has received an additional $33 million financing from German lender KfW Development Bank , in a move that will catapult AGF’s efforts to enable African SMEs continue to play their critical role in driving Africa’s economy.

Colombia: IFC Supports Banco Davivienda to Spur Lending to women-owned SMEs, Others

Bogota, Colombia, January 8, 2020- Davivienda received from IFC, a member of the World Bank Group, a subordinated loan of $335 million to support the financing of women-owned small and medium-sized enterprises (SMEs), social housing and sustainable construction projects.

Briefly…the 2020 Asset Allocation Outlook

January 9, 2020//-A modest pick-up in global growth is expected to greet investors in 2020. While this optimism has seen investors shift to riskier assets, Goldman Sachs Research’s Christian Mueller-Glissmann says there’s a risk that they could be disappointed…eventually.

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