This investment will enable Promamec to finance its development plan that involves increasing the company’s production capacities May 4, 2023/Vantage Capital Group Vantage Capital, Africa’s largest mezzanine fund manager, announced today that it has signed legal agreements relating to a €30 million equity investment for the acquisition of a significant […]
Updates
Monetary Policy Decisions: ECB Raises Rates by 0.25%
May 4, 2023/ECB Monetary policy decisions The inflation outlook continues to be too high for too long. In light of the ongoing high inflation pressures, the Governing Council today decided to raise the three key ECB interest rates by 25 basis points. Overall, the incoming information broadly supports the assessment […]
US Fed Issues FOMC Statement and Implementation Note From Its May 2023 Meeting
May 4, 2023/US Federal Reserve Economic activity expanded at a modest pace in the first quarter. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is sound and resilient. Tighter credit conditions for households and businesses are […]
