Month: May 2024

[[{"value":"By Miranda Abraham, Head of Loan Syndication at RMB (www.RMB.co.za) in London. Over the past few years, African debt markets have faced significant challenges due to a combination of factors including soft global economic conditions, the COVID-19 pandemic and related supply chain failures. These factors led to a decrease in demand for African debt and a dramatic rise in borrowing costs, placing sovereign borrowing in particular in a difficult position. In […]

[[{"value":"Africa has an unprecedented opportunity to accelerate development by aligning its abundant renewable energy resources with solutions for its infrastructure deficiencies. This is a key conclusion from a new annual study on the State of Africa’s Infrastructure initiated by the Africa Finance Corporation (www.AfricaFC.org). The report highlights critical gaps in key sectors including power, transport, logistics, digital communications, and commodity-based value chains. It aims to quantify the extent of Africa's […]

[[{"value":"Uganda is welcoming increasing numbers of Sudanese arrivals – over 33,000 people, 19,000 of whom have arrived in Kampala since the start of 2024 – seeking safety from a war that has raged for more than a year.  Most Sudanese arrivals are from Khartoum, and many have a university-level education. Including the Sudanese, on average 2,500 people arrive in Uganda every week, mainly from the Democratic Republic of the Congo […]

[[{"value":"Today, a group of African multilateral institutions including members of the Alliance for African Multilateral Financial Institutions (AAMFI) paid a courtesy visit on His Excellency, Mohamed Ould Cheikh Al-Ghazouani, the President of the Islamic Republic of Mauritania, and Chairperson of the African Union to convey their support and commitment to the AU in implementing transformative initiatives to support Africa’s developmental agenda. The Institutions present included African Export-Import Bank (Afreximbank), Shelter […]