Updates

Africa’s Financial Sovereignty: Mobilizing Institutional Capital for Development and Resilience

The continent faces an annual infrastructure funding gap of between USD 68 billion and USD 108 billion, while attracting only 2 percent of global investment in this sector July 17, 2025/AfDB As global capital flows evolve and development assistance dwindles, Africa finds itself at a critical point. On 28 May, […]

IMF Names Rodrigo Valdés as Director of the Fiscal Affairs Department

July 17, 2025/IMF Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today her intention to appoint Mr. Rodrigo Valdés as Director of the Fiscal Affairs Department (FAD). Mr. Valdés will succeed Vitor Gaspar, starting on October 27, 2025. “I am pleased to announce that Rodrigo Valdés will […]

Inflation Update – June 2025

July 17, 2025/Coronation Report The June inflation report confirms our month-on-month (MoM) expectation, with a notable rise in MoM inflation across headline inflation rate (+0.15%), food inflation rate (+1.07%) and core inflation rate (+1.36%). However, on a year-on-year, Nigeria’s headline inflation eased to 22.22% year-on-year (YoY) in June 2025, largely attributed […]