World News

Moody’s Affirms AFC A3 Rating with a Change from Negative to Stable Outlook

The decision by Moody’s is crucial for AFC to continue leveraging its top-tier credit ratings to achieve among the lowest borrowing costs of any institution in Africa September 26, 2024/AFC Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, today announced that it has received an uplift to its […]

Unstoppable Africa: Global Africa Business Initiative Champions Pioneering Partnerships and Bold Visions for the Continent’s Future

This two-day summit coincides with the United Nations General Assembly and is co-hosted by UN Deputy Secretary-General Amina J. Mohammed and African Union Chairperson H.E. Moussa Faki Mahamat September 26, 2024/Global Africa Business Initiative World leaders from business, government, finance, sports, and the creative arts convened in New York for […]

Growth in EBRD Regions Trimmed as Economies Adjust to New Realities

Image Credit: EBRD September 26, 2024/EBRD By Ksenia Yakustidi Output in the EBRD regions for 2024 revised down by 0.2 percentage points to 2.8 per cent Disinflation continues, with inflation down to 5.8 per cent Real wages resume rapid growth, almost catching up with pre-Covid trend levels and boosting household […]