Washington, July 14, 2020// – U.S. International Development Finance Corporation (DFC) today announced that it is launching the Africa Investment Advisor Program, which establishes a regional team based in Africa.
Category: Investing
BOOK REVIEWS: India’s Rise and Stall
July 14, 2020//-Montek Singh Ahluwalia provides an invaluable insider’s account of the making of India’s economic policy between 1979, when he returned to his home country from the World Bank, where we worked briefly together and became good friends, and 2014. It is the story of a substantial success.
TradeDepot Secures $10M to Transform Nigeria’s Informal Retail Supply Chain
Lagos, Nigeria, July 14, 2020 – TradeDepot, the B2B eCommerce platform for consumer goods in Africa, has raised a further $10 million in a pre-Series B equity round co-led by Partech, International Finance Corporation, Women Entrepreneurs Finance Initiative (We-Fi) and MSA Capital.
DFC: Trump’s ‘Weapon’ to Thwart Chinese Influence Across Africa
July 13, 2020//-The new US institution seeks to thwart China’s hegemony in developing countries, particularly in those on the continent.
Toward an Integrated Policy Framework for Open Economies
July 13, 2020//-While capital mobility provides many benefits, capital flows to emerging market and developing economies are often volatile and depend critically on global financial conditions.
IFC Injects $5.2 Million Into Nyaho Medical’s Quality Healthcare Expansion Drive
Accra, Ghana, July 8, 2020 – IFC, a member of the World Bank Group, today injected a $5.2 million into Nyaho Medical Centre to support the Ghanaian healthcare provider’s expansion outside Accra and the upgrade of its existing hospital so it can better serve its patients.
Is Ghana’s Economy Still In Intensive Care Unit?
Accra, Ghana, July 8, 2020//-Sometime in March, COVID-19 entered Ghana. The Caucus for Democratic Governance, Ghana (CDG—Gh), observed with shock that after three weeks our economy was showing signs of collapse, as a result of stresses and strain from COVID-19.
African Development Bank Predicts: Africa’s Growth to Rebound to 3% in 2021
Abidjan, Côte d’Ivoire, 7 July 2020 – Africa’s economic growth could rebound in 2021, provided that governments manage the COVID-19 infection rate well, according to updated forecasts from the African Development Bank, released on Tuesday.
How African Development Bank Project Changes Lives In Tanzania
Abidjan, Côte d’Ivoire, 7 July 2020 – An African Development Bank project to enhance market infrastructure, value addition and rural finance (MIVARF) in Tanzania produced highly satisfactory results, according to a report released by the project team.
Over 400 CSOs Oppose Akufo Addo’s Decision to ‘Remove’ Auditor General
Accra, Ghana, July 7, 2020//-Over 400 Civil Society Organizations (CSOs) in Ghana have opposed President Nana Addo Dankwa Akufo-Addo’s decision to force the Auditor General, Daniel Yao Domelevo to take his accumulated annual leave.