Updates

African Economic Conference: Why does Africa need an agricultural transformation?

7/12/2016/AfDB The need for an Africa-wide agricultural transformation was the subject of a special session organized at the 11th African Economic Conference (AEC) on Tuesday, December 6, 2016 in Abuja, Nigeria. For a continent which harbours 600 million hectares or 65% of all the uncultivated arable land in the world, […]

AfDB approves the first Multi-jurisdictional Fixed Income ETF in Africa

7/12/2016/AfDB The Board of Directors of the African Development Bank (AfDB) has approved a seed equity capital investment of USD 25 million into the African Domestic Bond Fund (ADBF). The ADBF was conceived as part of the African Financial Markets Initiative (AFMI, www.africanbondmarkets.org), dating back to 2008. Its objectives are […]

South Africa’s business confidence index rises to 93.9 in November

December 7, 2016/Reuters Business confidence in South Africa rose to its highest in four months in November, helped by improvements in new vehicle sales and manufacturing output, a survey showed on Wednesday. The South African Chamber of Commerce and Industry’s (SACCI) monthly business confidence index (BCI) rose to 93.9 in […]