Updates

Africa Finance Corporation’s Total Assets Grow by 20% to US$7.36 Billion in 2020

April 24, 2021/Aetoswire Africa Finance Corporation, one of Africa’s biggest investors in infrastructure development, has delivered a 20% growth in total assets during the 2020 pandemic year. AFC’s audited financial statements for 2020 calendar year show strong and continued growth, with total assets reaching US $7.36 billion on Dec. 31, […]

ECB Keeps Refi Rate at 0%; Nigerian States’ IGR Fall by 1.93% to N1.31 Trillion in FY 2020

April 23, 2021/Cowry Asset Report In the just concluded week, the European Central Bank (ECB) reconfirmed its accommodative stance as the interest rates on the main refinancing operations, the marginal lending facility and the deposit facility were left unchanged at 0.00%, 0.25% and -0.50% respectively during its April 2021 meeting. […]

Africa’s recovery pathway offers enormous opportunities, AfDB head says at EU-Africa Green Investment Forum

The hybrid forum was convened by Portugal and the European Investment Bank to mobilize private and public capital towards the green transition in Africa April 23, 2021/AfDB Sounding a note of optimism at the European Union-Africa Green Investment Forum on Friday, African Development Bank (www.AfDB.org) President Dr. Akinwumi A. Adesina […]