February 3, 2022/IMF The IMF has upgraded its Financial Soundness Indicators (FSIs) database to fully reflect methodological improvements introduced in the 2019 Financial Soundness Indicators Compilation Guide (2019 FSIs Guide). The new FSI database enhances the coverage and cross-country comparability of data, following the more prescriptive approach of the 2019 FSIs Guide. It also […]
Updates
Dangote Receives CILT Champion Award, Pledges Collaboration with Institute
February 3, 2022/Dangote Group President/CE, Dangote Industries Limited and Africa’s wealthiest man, Aliko Dangote yesterday received the prestigious award of the ‘Champion of CILT’ in recognition of his personal and the group’s contributions and support in areas of transport, logistics and supply chain management in Nigeria and Africa. The award […]
Moody’s to Acquire Majority Stake in GCR Ratings, Expanding Presence in Africa
February 3, 2022/Aetoswire Moody’s Corporation (NYSE: MCO) announced today that it has agreed to acquire a majority (51%) stake in Global Credit Rating Company Limited (GCR). GCR is a leading credit rating agency in Africa with operations spanning the continent, including in South Africa, Nigeria, Senegal, Kenya, and Mauritius. “GCR’s […]
