September 2, 2022/Fitch Ratings The world economy saw an unusual combination of falling GDP set against high and rising inflation in 2Q22 as supply-shocks and ongoing pandemic related disruptions blighted the recovery, says Fitch Ratings. Falling activity and rapidly rising prices in 2Q22 highlight the risks of a stagflation environment […]
World News
Italy’s CDP Agrees Debut EUR 100 Million Loan for AFC to Support Transition in Africa
August 31, 2022/Aetoswire The Italian development finance institution Cassa Depositi e Prestiti SpA (CDP) has agreed a debut 100 million euro loan for Africa Finance Corporation (AFC), the leading infrastructure solutions provider on the African continent, to facilitate investments in renewable power, energy efficient projects and climate-resilient infrastructure. CDP, with […]
Coronation Fixed Income and Exchange Rate Update
August 30, 2022/Coronation Research Summary Opening market liquidity was reported at N106.6bn on Friday (26 August ‘22). Overnight and repo rates closed within a range of 13 – 16%. This week, we expect rates in the money market to moderate slightly, given expected inflows from FAAC and an fx refund. […]
