Tag Archives: Central banks
CAPE-TOWN, South-Africa, May 13, 2013/African Press Organization (APO)/ – Africa cannot continue to be marketed as a country, when it is a continent of 54 countries, which, by 2040 will have the largest workforce in the world. The statement was made by the Economic Commission for Africa’s Executive Secretary, Mr. Carlos Lopes at the World Economic Forum on Africa this week during a session aptly titled:Myth Busting; investing in Africa.
CAPE-TOWN, South-Africa, May 9, 2013/African Press Organization (APO)/ – A high-level roundtable on Building Private Equity and Private Capital Markets in Africa, met on 8 May, to explore the promise and obstacles facing private capital investments in Africa. The roundtable of investors and policy makers met under the auspices of the Economic Commission for Africa (ECA) and the World Economic Forum on Africa to navigate the complex world of private equity, which in recent years has shown increased interest. According to the participants, this could be Africa’s next development financing frontier and could mark an end to an aid dependency.
April 15, Robert Abdullin – President of the World Organization of Creditors – took part in the thematic debates at the United Nations headquarters in New York. These debates were devoted to the issue of “Global Economic Governance”.
The launch of Africa’s Information Highway is long over-due – with the African Development Bank embarking on an Ambitious Program to Revolutionize Data Management and Dissemination in Africa.
TUNIS, Tunisia, January 17, 2013/African Press Organization (APO)/ – On Wednesday 16th January 2013, the African Development Bank, AfDB (http://www.afdb.org), rated Aaa/AAA/AAA, priced a $1 billion fixed rate US Dollar Global benchmark due 15th March 2018. The deal pays a coupon of 0.875% and a spread of 5 basis points over Mid-Swaps, equivalent to 20.45 basis points over the UST 0.75% due 31 December 2017. Joint Lead Managers on the transaction are BNP Paribas, Deutsche Bank, J.P. Morgan and Nomura.