Accra, Ghana//-The Social Security and National Insurance Trust (SSNIT), in consultation with the National Pensions Regulatory Authority (NPRA) and in accordance with Section 80 of the National Pensions Act 2008 (Act 766), has indexed monthly pensions upwards by 10% for the year 2021.
While the current crisis with its fair share of uncertainties has impacted the timing of this monetary reform, other factors have also contributed to it.
Washington, US— The global economy is expected to expand 4% in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year.
Lagos, Nigeria//-Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, today announced it has successfully secured a $250 million tier-2 capital loan from U.S. International Development Finance Corporation (DFC).
McKinsey, a global consulting company, says it is shocked by the weight of ‘state capture’ allegations surrounding its contracts at South Africa’s state-owned enterprises (SOEs), including Transnet and South African Airways (SAA).
Investment headwinds will “still exceed the tailwinds” in 2021 – but there could be more “major opportunities now than in perhaps the last 10 years” if you know where to look.
São Paulo, Brazil/—IFC, a member of the World Bank Group, approved the first operation with a Brazilian financial institution to promote clean mobility.
London, UK//-GOODsoil VC, an Africa-focused early stage venture capital firm headed by a diverse team of entrepreneurial investors, makes true on its mission to drive financial inclusion across the continent with an injection of $940 000 seed capital in Ghanaian fintech company Zeepay.
On December 21, 2020, the International Monetary Fund provided additional financial assistance of $48.86 million to the Republic of Liberia under a program launched at the end of last year.
Addis Ababa, November 2018. The African Union launches its own Peace Fund with the aim to ensure predictable financing for peace and security activities in Africa. paulkagame/flickr, CC BY-NC-ND Frank Mattheis, Université Libre de Bruxelles (ULB) and Ueli Staeger, Graduate Institute – Institut de hautes études internationales et du développement (IHEID) The African Union (AU) […]
