insert_link Africa JPMorgan Warns African MDBs Could Lose Preferred Creditor Status JPMorgan analysts have warned that some of Africa's smaller multilateral development banks, including the Africa Export-Import Bank and the Trade and Development Bank, could be stripped of their Preferred Creditor Status says Reuters. PCS is a widely accepted principle that gives multilateral development banks priority for debt repayment when a borrower faces financial stress, ensuring these banks are paid back before other creditors. todayJune 18, 2024 23
Local Rwanda to host Shelter Afrique Development Bank’s 43rd AGM in June 2024 Rwanda will host Shelter Afrique Development Bank (ShafDB) 43rd Annual General Meeting (AGM) in June Kigali, the Company has disclosed. This follows the nomination of Rwanda as the next host country at Shelter Afrique Development Bank’s 42nd AGM held in Abuja, Nigeria, and the subsequent signing of the host country agreement between the Company and the Government of Rwanda in Kigali in March. The host country agreement was signed by […] todayApril 23, 2024 22
Paying it forward: Kenyan coastal doctor Bashrahil Mohammed Mafudh has made it his life’s work to care for the most vulnerable in his community, at no cost.
