Lagos, Nigeria Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, reported impressive performance in its latest full-year earnings, driven by high impact investments and its strong credit profile.
Category: Investing
New $450M Regional Investment in Northern Regions of Gulf of Guinea Approved
Washington DC, US//—Over 16 million people living in at-risk communities in northern Benin, Côte d’Ivoire, Ghana, and Togo will benefit from a new regional project to proactively prevent the spread of conflict from the Sahel, reduce vulnerability to climate change, and strengthen local institutions, economic opportunities, and public trust.
Tight Jobs Market Is a Boon for Workers But Could Add To Inflation Risks
By late 2021, there were 50 percent to 80 percent more unfilled jobs in Australia, Canada, the United Kingdom and the United States than there were prior to the pandemic.
GlobalData: Russia-Ukraine Conflict Will Have a Multifold Impact on the Global Business Environment
The economic impact of the Russia-Ukraine conflict is not just limited to Ukraine, Russia, or Europe, but it is widespread across the globe.
Why the IMF is Updating its View on Capital Flows
Capital flows can help countries to grow and to share risks. But economies with large external debts can be vulnerable to financial crises and deep recessions when capital flows out.
BlueInvest: Commission and EIB Agree to Mobilize EUR 500 Million with New Equity Fund
At the BlueInvest Days 2022 in Brussels, Commissioner Virginius Sinkevičius and EIF Deputy Chief Executive, Roger Havenith announced today a new dedicated equity initiative for the blue economy under InvestEU.
Ghana: First Atlantic Asset Management Launches Its Maiden Fixed Income Fund
Accra, Ghana//-First Atlantic Asset Management (FAAM), the investment arm of First Atlantic Bank Ghana, has launched its maiden fixed income fund onto the market to help Ghanaians better maximize their short to medium term funds while preserving their capital.
European Investment Bank Offers Ghana €82.5M Grant to Boost Healthcare
The European Investment Bank will provide Ghana a grant of €82.5 million ($93.2 million) to help the country strengthen its healthcare system amid the COVID-19 pandemic, according to an announcement on Monday.
Egypt’s Three Largest Banks Lead Investment in Major New Fintech Fund
Cairo, Egypt//- Egypt’s largest national banks – Banque Misr, National Bank of Egypt, and Banque du Caire –and Global Ventures, a leading MEA-focused venture capital firm have launched Nclude by Global Ventures, following approval by the Central Bank of Egypt (CBE).
Africa Investment Forum Virtual Boardrooms Attract $32.8b in Investment Interest
Abidjan, Côte d’Ivoire//- – The Africa Investment Forum boardrooms have drawn $32.8 billion in investment interest in bankable projects.