World News

Fed Releases Results of Survey of Senior Financial Officers at Banks about Their Strategies and Practices for Managing Reserve Balances

December 6, 2024/US federal Reserve The Federal Reserve Board on Friday released results of a survey of senior financial officers at banks about their strategies and practices for managing reserve balances. The Senior Financial Officer Survey is used by the Board to obtain information about banks’ reserve balance management strategies […]

AFC-Led Zambia Lobito Rail Project Receives Boost from Biden Visit to Angola

The project is led by the Lobito Corridor consortium, with AFC as the as lead developer, working in partnership with the US Government December 5, 2024/AFC Lobito rail project will break ground by early 2026, AFC CEO Zubairu says at Presidential forum AFC commits up to US$500m in financing for […]

AFC Leads up to €2 Billion Syndicated Facility in Largest-Ever Global Loan Syndication for Bank of Industry

The transaction is a record global loan syndication for BOI, and marks the largest capital raise in its history, setting a new standard for developmental finance across Africa December 3, 2024/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced its role as Global Coordinator, Lead Co-Arranger, […]