World News

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. […]

IOSCO Publishes Final Report on Leveraged Loans and CLOs Good Practices for Consideration

June 3, 2024/IOSCO IOSCO today published its Final Report: Leveraged Loans and Collateralised Loan Obligations (CLOs) Good Practices for Consideration. IOSCO has been following the evolution of the Leveraged Loans and CLO markets, including significant shifts in market practices that emerged during the ‘low-for-long’ interest rate environment. In its analysis […]

UBA Celebrates Africa Day in Style, Commits to Empowering Youths for Leadership Roles

June 1, 2024/UBA Plc Africa’s Global bank, United Bank for Africa (UBA) Plc, joined the rest of the world on Friday, May 24, 2024, to mark this year’s edition of the Africa Day. The celebration which went on concurrently across all of its subsidiaries in Africa as well as in […]