Latest News for: African financier


FRANCE/GABON/SENEGAL/ZAMBIA : Macron seeking to include African leaders at global financial pact summit

Africa Intelligence 29 Mar 2023
French President Emmanuel Macron is looking to involve a slate of African leaders at the Summit for a New Global Financial Pact that he is hosting in June ....

NEIL OVERY AND ULRICH STEENKAMP: Whose just transition is it anyway?

Business Day 29 Mar 2023
And in 2021 the World Economic Forum ranked SA 110 out of 115 countries in terms of their preparedness for a just energy transition.  ... That places the financial risk of investing in the just energy transition on ordinary South Africans. And where will the remaining 90% come from? More debt, presumably ... Inconsistent energy policies ... .

Swift’s plans to improve cross-border payments and expand in West Africa

B & FT Online 28 Mar 2023
Once a year, Swift brings together the entire African financial community at its flagship regional event, which this year will take place in Johannesburg. Building on the decades-long success of the African regional conference, Swift Connect Africa will bring Africa’s financial community together in person again for the first time since 2019.

India-Africa ties aim at building a multipolar world order: Rajnath Singh

Hindustan Times 28 Mar 2023
The conclave was attended by Chief of the Army Staff General Manoj Pande and Chiefs and representatives of 31 African nations, along with other civil and defence dignitaries ... India and its numerous defence partners on the African continent are brought together by their focus on maritime security and counter-terrorism, according to Singh.

Satawu declares dispute after wage talks with bus employers collapse

Eye Witness News 28 Mar 2023
Negotiations with the Commuters Bus Employers' Organisation and the South African Bus Employers' Association reached an impasse when the union refused to accept a revised offer of a 6% wage increase for the 2023/2024 financial year ... wage increase for the 2023/2024 financial year.

India will continue to work with African nations to promote regional security, enhance defence capabilities: ...

Beijing News 28 Mar 2023
Defence Minister Rajnath Singh on Tuesday said that India will continue to work with African nations to promote regional security, foster stability and enhance defence capabilities together ... A large number of African Countries' Armed Forces personnel continue to visit India for training in different areas.

Remarks by Vice President Harris to Ghanaian Youth at Black Star Gate

The White House 28 Mar 2023
So, I don’t need to tell you the median age on the African continent is 19 ... We are all in — (applause) — because African nations play such a critical role on issues of global importance, issues that matter to the American people and to the world ... And with that then, African ideas and innovations will shape the future of the world.

The Black Community Still Very Much Stands with Crypto

LB News 28 Mar 2023
The narrative is that standard financial institutions often shut African Americans and other minorities out of the picture when it comes to offering tools and products for everyday use ... They don’t do background checks or financial checks to see if you have late payments or other discrepancies in your past.

Egypt’s economic prospects hindered by external financing needs: Morgan Stanley 

Arab News 28 Mar 2023
The investment management and financial services firm recommended the North African country implement structural reforms through a large-scale privatization program in order to boost its economy ... The country’s financial gap is currently pegged at $23 billion to $24 billion by the end of fiscal year 2023/2024, reported Morgan Stanley.

IMF team in Ethiopia for talks on new funding programme -Bloomberg News

Reuters 28 Mar 2023
March 27 (Reuters) - International Monetary Fund officials are in Ethiopia this week doing technical work to prepare for a potential IMF-supported program for the East African country, an IMF spokesperson said on Monday ... MarketscategorySouth African rand weakens against stronger dollar, article with imageMarch 27, 2023.

Authoritarian regimes trying to skirt sanctions are developing alternative markets

The Hill 28 Mar 2023
financial system and the importance of the dollar to the global economy are what have made sanctions an effective tool for decades ... In 2021, CIPS processed financial transactions valued at more than $12 trillion and has support from major institutions such as Citigroup, HSBC and the , plus banks in Russia and African nations.

Ghana, bondholders' advisers kick off debt talks under non-disclosure agreements - sources

Reuters 28 Mar 2023
The West African country, which suspended payments on most of its external debt last year, has picked Lazard as its financial adviser, while a group of international private lenders are represented by Rothschild & Co ... Lazard and Rothschild & Co declined to comment ... Ghana recently said it owed to Chinese creditors $1.9 billion ... Our Standards.

Defiance commissioners discuss solar eclipse, historical marker for cemetery

The Crescent News 28 Mar 2023
127 bridge over the Maumee River south of Sherwood ... In another matter Monday, Defiance Public Library Director Cara Potter requested that commissioners assist financially in the establishment of a historical marker denoting a cemetery for African Americans in Highland Township ... .

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