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 […]
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AfDB,Japan Announce US$3 Billion Private Sector Development Initiative to Boost Growth, Reduce Poverty in Africa
August 26, 2016/AfDB The African Development Bank (AfDB) and the Government of Japan announced today they have set a joint target to provide US$ 3 billion for private sector development in Africa during the next three years, substantially increasing the resources devoted to boosting economic growth and fighting poverty in […]
Nigeria’s Central Bank – Shoot First, Think Later
Culled—Proshare August 25, 2016/Exotix Partners What have they done now? Various local Nigerian news articles indicate that the CBN has locked out nine banks from participating in the interbank foreign exchange market for failing to remit US$ government deposits worth US$2.3bn to the Central Bank as part of the Treasury […]
