World News

Joint Statement by heads of multilateral development banks, WTO on supporting trade finance during the COVID-19 crisis

Since the beginning of the COVID-19 outbreak, multilateral development banks have stepped up trade finance programs to support essential imports and key exports July 1, 2020/ITFC The COVID-19 pandemic has provoked the deepest economic downturn of our lifetimes. In addition to the ongoing shocks to supply and demand, international trade […]

In Times When Black Lives Finally Matter, Building Purpose-Driven Businesses is Key to Economic Empowerment

The Opportunity Fund will invest only in companies led by people of color, and is the first such fund to be created in response to growing protests June 30, 2020/AEC Earlier this month and following the death of George Floyd, SoftBank announced a $100m investment fund for minority-owned businesses. The […]

SSA Regional Economic Outlook June 2020 Update – A Cautious Reopening

Culled—Proshare June 29, 2020 By IMF The outlook for 2020-21 is considerably worse than expected in April and subject to much uncertainty. It reflects a weaker external environment and measures to contain the COVID-19 outbreak, which has been accelerating in the past few weeks in several sub-Saharan African countries. Economic […]