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. […]
Updates
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 […]
African trade finance sees $5 bn in portfolio outflows in Q1 2020 due to Covid-19, but opportunities exist – report
The survey was conducted by African Export-Import Bank, jointly with the UN Economic Commission for Africa and the African Development Bank-hosted Making Finance Work for Africa Partnership April 23, 2021/AfDB Constrained global financial conditions caused by Covid-19 have led to massive portfolio outflows from Africa, exceeding $5 billion in the […]
