World News

AfDB launches 3-year USD 1 billion Global benchmark

September 15, 2016/AfDB On Wednesday, September 14, 2016, the African Development Bank (AfDB), rated Aaa/AAA/AAA, priced a US $1 billion fixed rate US Dollar Global benchmark due 20 September 2019, the issuer’s fourth global benchmark issue in 2016. The transaction has a coupon of 1.125% and was priced at a […]

IMF Co-Hosts Regional Conference to Promote Access to Financial Services in West Africa

September 15, 2016/IMF The Bank of West African States (BCEAO) and the International Monetary Fund (IMF) will co-host a conference on September 20, 2016 in Dakar, Senegal, to examine the prospects and policy options for promoting financial inclusion in West Africa. While access to financial services is crucial for pro-poor […]

IMF Managing Director Christine Lagarde Appoints Abebe Aemro Selassie as Director of the IMF’s African Department

September 15, 2016/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today announced her intention to appoint Abebe Aemro Selassie as Director of the IMF’s African Department. Mr. Selassie succeeds Antoinette Sayeh whose departure was announced previously. He is expected to begin his work in this capacity […]