This collaboration aims to develop and finance infrastructure projects on the continent that contribute to accelerating Africa’s path to net-zero in a pragmatic way May 24, 2023/AFC Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, and Japan Bank for International Cooperation (JBIC), Japan’s policy-based financial institution, have […]
Updates
BCBS-CPMI-IOSCO Publish Analysis of Margining Dynamics in Centrally Cleared Commodities Markets During 2022 Stress Events
May 24, 2023/IOSCO Global standard setters publish a report analysing margin dynamics in centrally cleared commodities markets during the high volatility episode in 2022. The report finds that central counterparties (CCPs) are sensitive to the impact of margin calls on market participants and some CCPs are adjusting their approach to […]
Growth Momentum Eased as GDP Grew by 2.31% y/y in Q1-23
May 24, 2023/Cordros Update The National Bureau of Statistics (NBS) recently released Nigeria’s GDP numbers for Q1-23, with real GDP growing slowly by 2.31% y/y (Q4-22: +3.52% y/y). The growth outturn is 42bps higher than Cordros’ estimate (+1.89% y/y) and 54bps lower than Bloomberg’s median consensus (+2.85% y/y) estimate. A […]
