January 14, 2020//-Data gathered and calculated by Learnbonds.com 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.
Category: Investing
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.
Malta Launches its First Strategy for Growth and Partnership with Africa
Valletta, Malta, January 9, 2020/ — Minister for Foreign Affairs and Trade Promotion Carmelo Abela launched the first policy document for public consultation, wherein Africa is being seen by Malta as a vital strategic partner for the coming five years.
Kenya’s Bet on Asia Flops as Exports Dip 26pc
January 8, 2020//-Kenya’s plan to aggressively expand the market for its agricultural produce in populous Far East Asian countries appeared to have started on a wrong footing in the first year with earnings from that region falling by more than a quarter.
MTN Realises More Revenue in Asset Sales
Johannesburg, South Africa, January 3, 2020// — MTN announced its Asset Realisation Programme (ARP) in March 2019 which aims to simplify its portfolio, reduce debt and risk, improve returns and realise proceeds of at least R15 billion over three years.