A new report, “Innovative Financing Models for Energy Infrastructure in Africa,” is the result of a Financial Innovations Lab that convened experts to address funding obstacles to the development of infrastructure in Africa, especially in the area of energy.
ACCRA, Ghana, February 26, 2015/African Press Organization (APO)/ — A team from the International Monetary Fund (IMF), led by Joel Toujas-Bernaté, visited Accra during February 19−26, 2015 to discuss the authorities’ economic and financial program and possible financial support by the IMF. The mission reached staff-level agreement with the authorities, subject to approval by IMF […]
The 5th Anzisha Prize application phase is now open (http://www.anzishaprize.org), and the search is on to find Africa’s youngest, most exciting social and business entrepreneurs under 22 years of age.
ISTANBUL, Turkey, February 16, 2015/African Press Organization (APO)/ — Vestel (VESBE:TI) (VESTL:Istanbul) (http://www.vestel.com/homepage) is looking for trade partners/customers for Home Appliances (refrigerators, washing machines, cooking appliances, dishwashers, air conditioners), Flat TV, Mobile Phones business in all Africa. Vestel can develop special projects according to the individual needs of the markets. Vestel a […]
IMF Executive Board Approves US$497.1 Million Stand-by Arrangement and US$191.2 Million Stand-by Credit Facility for Kenya
On February 2, 2015, the Executive Board of the International Monetary Fund (IMF) approved a SDR 352.82 million (about US$497.1 million) Stand-By Arrangement and a SDR 135.7 million (about US$191.2 million) arrangement under the Stand-By Credit Facility1 (SBA/SCF) for Kenya for a combined SDR 488.52 million (about US$688.3 million or 180 percent of Kenya’s quota).
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement in Dakar today at the conclusion of her visit to Senegal