World News

AFC Receives Top Accolades at EMEA Finance Achievement Awards

The award affirms AFC’s leadership in structuring and executing complex financial transactions that foster sustainable development across regions June 7, 2024/AFC Africa Finance Corporation, the continent’s leading infrastructure solutions provider, received top accolades at the EMEA Finance Achievement Awards in London yesterday. AFC won “Most Innovative Bond” and the “Best […]

US Fed Says Results from Annual Bank Stress Tests to be Released June 26, 2024

June 6, 2024/US Federal Reserve The Federal Reserve Board announced on Thursday that results from its annual bank stress tests will be released on Wednesday, June 26, at 4:30 p.m. EDT. Additionally, aggregate results from the Board’s first exploratory analysis, which will not affect bank capital requirements, will be released […]

Annual Development Effectiveness Review 2024: AfDB’s Vice Presidents Share Positive Development Impact in 2023

$10.1 billion in approvals, a 30 percent increase on 2022 June 5, 2024/AfDB Senior officials from the African Development Bank Group detailed the positive impacts of Bank-supported projects affecting virtually all facets of life across the continent during 2023—a year hailed as one of the most successful in its history. […]