APO International

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org), the knowledge beacon of the IsDB Group, and the Bahrain Institute of Banking and Finance (BIBF), the leading training and development provider in the region, signed a strategic partnership agreement to collaborate for Islamic finance capacity development. The agreement was signed on the sidelines of the AAOIFI-IsDB Islamic Banking and Finance Conference, held in Bahrain on 28-29 November 2023. Representing the BIBF in […]

Despite considerable efforts by governments and partners, food insecurity continues to worsen in West and Central Africa with the number of hungry people set to reach a staggering 49.5 million people between June and August 2024 – a four percent increase compared to 2023, according to a regional food security analysis released today. The trend is particularly worrying in coastal countries, where the number of women, men, and children facing […]

The IMF Executive Board completed the third review under the 36-month Extended Credit Facility (ECF) arrangement with Cabo Verde, providing the country with access to SDR 4.5 million (about US$6 million), and approved an 18-month arrangement under the Resilience and Sustainability Facility (RSF), in the amount of 100 percent of quota (SDR 23.69 million, about US$31.45 million); Performance under the economic reform program is strong, and the authorities are taking […]