insert_link Africa African countries start business classification to shore up green investment By Conrad Onyango, bird story agency Kenya has joined South Africa and Rwanda in offering a "green investment" handbook as African countries race to close a huge climate financing gap. The draft Kenya Green Finance Taxonomy (KGFT), published by the Central Bank of Kenya (CBK) in mid-April, is expected to help position the country for green funds and make the investment climate more attractive. Targeting banks, […] todayApril 17, 2024 17
insert_link Local Governor! Gawaxab champions economic resilience and financial innovation at 2024 Cirrus investor conference The Bank of Namibia, participated in the 5th edition of the Cirrus Investor Conference. Taking place in Swakopmund between 9-10 April 2024, the conference drew development finance institutions, institutional asset managers, listed companies, state-owned enterprises, and Government Ministries, offices and agencies together to connect Namibian securities issuers and potential issuers, with investors from around the world. Speaking at the event, the Governor of the Bank, Mr. Johannes !Gawaxab provided […] todayApril 10, 2024 5
insert_link Africa Ethiopia’s first stock exchange on horizon as it begins licensing investment banks By Conrad Onyango, bird story agency Ethiopia has entered the final stage of its first stock exchange launch, as the country’s Capital Market Authority begins to on-board foreign investment banks from the second week of February. The regulator announced that it will start issuing investment bank licenses from February 12th 2024- the first time in the country’s history and after six ‘rigorous’ months of developing guidelines to […] todayFebruary 14, 2024 9
insert_link Business / Economics The Bank of Namibia considers banking sector resilience buffer The Bank of Namibia is considering adding a counter-cyclical capital buffer to improve resilience in the banking sector. This buffer, a macroprudential policy tool, recognises the dynamics of financial markets and economic activity. Its purpose is to strengthen banks against potential losses during economic stress periods. BoN Governor Johannes !Gawaxab says the central bank will begin consultations with the industry regarding the buffer's implementation. todayDecember 18, 2023 9
