August 19, 2024/FBNQuest Research he federal government (FG) will auction its first series of the much-anticipated dollar-denominated domestic bond today, August 19, 2024. The issuance, the first of its kind, marks a significant milestone in the nation’s domestic debt market. The bond security, available to local and foreign investors and […]
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Afreximbank Achieves Solid First Half 2024 Growth Reflecting Sound Execution of its Strategy Amid Macro-Economic Headwinds
Net Interest Income for H1’2024 grew by 24.5% to US$826.2 million, compared to US$663.6 million for the same period last year (H1’2023) August 19, 2024/Afreximbank African Export-Import Bank (“Afreximbank” or the “Group”) has released its consolidated financial statements for the six months ended 30 June 2024. The Group’s results for […]
AfDB, ARC Issue $11.2 Million Insurance Payout to the Government of Malawi
The drought recovery insurance payout will support more than 350,000 Malawi households impacted by climate change-related weather extremes August 19, 2024/AfDB Representatives of the African Risk Capacity (ARC) Group and the African Development Bank have presented a cheque to the government of Malawi for an insurance payout of $11.2 million, […]
