Also seeks feedback on complementary Guidance for Open-ended Funds to support effective implementation of Recommendations November 11, 2024/IOSCO IOSCO has today published a Consultation Report seeking feedback on its revised recommendations for Liquidity Risk Management for Collective Investment Schemes (“CIS”) (the ‘Revised LRM Recommendations’), especially for open-ended funds. IOSCO is […]
Other News
Afreximbank Approves US$200 Million Facility to Support BUA’s Expansion Plans
The first tranche of $150 million was disbursed on October 16, 2024 November 11, 2024/Afreximbank African Export-Import Bank (Afreximbank) has approved a US$200 million Corporate Finance Facility in favour of BUA Industries Limited (BIL) to support its expansion plans. BIL is a Nigerian conglomerate with diversified business interest spanning across, […]
Ecobank Partners with Nium to Unlock Real-Time Cross-Border Payments Across 35 African Markets
Nium announces its partnership with Ecobank, a pan-African financial solutions leader, bringing real-time cross-border payments to 35 markets on the continent November 11, 2024/Ecobank Nium, the leading global infrastructure for real-time cross-border payments, announced a partnership with Ecobank Transnational Incorporated the leading independent pan-African financial services group, to enable seamless […]
