December 16, 2024/Coronation Report The NBS has released its November inflation report to show Headline rate: 34.60% y/y (33.88% in October) Core rate: 28.75% y/y (28.37%) Food rate: 39.93% y/y (39.16%) Inflationary pressures […]
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Europe Needs a Coordinated Approach to Industrial Policy
(Credit: Tramino/iStock by Getty Images) December 16, 2024/IMFBlog By Alfred Kammer, Andrew Hodge, and Roberto Piazza Industrial policy is having a moment in Europe, as countries increasingly turn to sectoral policy interventions to address the challenges of geopolitical fragmentation and economic security, enhance productivity, and accelerate the green transition. State aid […]
AfDB to Make $30 Million Equity Investment in AFC to Catalyse Climate Action
The investment is projected to contribute to the creation of over 1,600 full-time equivalent jobs by 2031, while also fostering regional integration, and generating clean, reliable energy December 16, 2024/AfDB The African Development Bank’s Board of Directors has approved a $30 million equity investment in Africa Finance Corporation (AFC) for […]
