Updates

Headline Inflation Moderates for the second consecutive month to 17.93% y/y in May 2021

June 15, 2021/Cordros Report In line with our expectation, Nigeria’s headline inflation moderated by 19bps to 17.93% y/y in May 2021 (April: 18.12% y/y). The outturn is 8bps lower than Cordros’ estimate (18.01% y/y) and 27bps less than Bloomberg’s median consensus estimate (18.20% y/y), with the deviation coming from the […]

Two European Investment Bank reports highlight solutions for development challenges and the importance of partnership with Africa

A Partnership with Africa lays out the EIB’s track record in Africa and illustrates how the EIB believes it can deliver better in the years ahead June 14, 2021/EIB The European Investment Bank (www.EIB.org) today releases its vision for working with Africa and a set of expert ideas about the […]

G7 DFIs, Multilateral Partners to Invest over $80 Billion into African Businesses in five Years

The announcement is a welcome boost to support the long-term development objectives of African economies that have been negatively impacted by the crisis June 14, 2021/AfDB The G7 DFIs, the IFC, the private sector arm of the African Development Bank (www.AfDB.org), EBRD and the European Investment Bank today announced that […]