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Egypt Accedes to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa

The signing of FEDA’s Establishment Agreement opens avenues for strengthening trade relations between Egypt and other African nations February 29, 2024/Afreximbank The Fund for Export Development in Africa (FEDA), a subsidiary of the African Export-Import Bank (Afreximbank) dedicated to fostering development impact, is pleased to announce the Arab Republic of […]

Citi Names Viswas Raghavan Head of Banking and Executive Vice Chair

February 29, 2024/Citi Citi is pleased to announce that Viswas (“Vis”) Raghavan will join Citi as Head of Banking and Executive Vice Chair of Citi, reporting to CEO Jane Fraser. As Head of Banking, Vis will lead one of Citi’s five core businesses, with responsibility for Investment, Corporate and Commercial […]

MPC’s Delicate Dance: Taming Inflation while Nurturing Growth

February 29, 2024/Coronation Research At its latest meeting held on Tuesday, the CBN/MPC responded to the country’s soaring inflation rate and escalating exchange rate pressures by opting to hike the monetary policy rate (MPR) by a substantial +400bps to 22.75%, marking the highest level recorded since 2006. Additionally, there were […]