The concessional donor loan will support the 15th replenishment of the African Development Fund, approved in December 2019 by ADF donor countries February 17, 2021/AfDB The Japan International Cooperation Agency (JICA) and the African Development Fund (ADF) – the concessional arm of the African Development Bank Group (www.AfDB.org) – on […]
Updates
January 2021 CPI: Prices on the Rise as Security Challenges Mount
February 17, 2021/Cordros Report Nigeria’s headline inflation maintained its uptrend in January 2021, rising to 16.47% y/y (December 2020: 15.75% y/y) – the highest level since April 2017. The outturn was 37bps higher than our estimate (16.10% y/y) and 32bps higher than Bloomberg average consensus estimate (16.15%). Asides from pre-existing […]
Andrew Tweedie, Director of the Finance Department, to Retire from the IMF
February 16, 2021/IMF Mr. Andrew Tweedie, Director of the Finance Department at the International Monetary Fund (IMF), has notified IMF Managing Director Kristalina Georgieva of his intention to retire from the Fund on July 31, 2021. Mr. Tweedie, a New Zealand national, has been in his current position since May […]
