(Credit: Altayb/iStock by Getty Images) March 28, 2024/IMFBlog By Tobias Adrian, Vitor Gaspar, Pierre-Olivier Gourinchas Inflation-adjusted interest rates are well above post global financial crisis lows, while medium-term growth remains weak. Persistently higher interest rates raise the cost of servicing debt, adding to fiscal pressures and posing risks to financial stability. Decisive […]
OPINION/EDITORIAL
NCC Insists on SIM-NIN Deadline
March 28, 2024/CSL Research Telecommunication companies are gearing up to disconnect more Subscriber Identity Modules (SIMs) that are not linked to National Identification Numbers (NIN) on Friday, 29 March 2024. Reuben Mouka, the Director of Public Policy at the Nigeria Communications Commission (NCC), emphasized that there would be no changes […]
The $3Bn Private Credit Opportunity in Africa
March 27, 2024/Spreckley Partners Limited Written by Ali Al-Suhail, Vice President at DAI MagisterAfrica’s mid-market businesses, the backbone of the continent’s economic growth, can find themselves trapped in a financing void. With annual revenues typically surpassing $10 million, these companies find themselves in a precarious position – too large for […]
