Africa

    International Monetary Fund (IMF) has advised sub-Saharan Africa Central Banks to limit advances to governments. They should also abstain from providing structural development financing because it can become risker to financial stability.

    Barclays Plc planned exit from Africa has started in earnest after it sold shares equivalent to a 12.2 per cent stake in South Africa-based Barclays Africa Group, it announced yesterday.

    Capital market traders will have a chance of training with the Milken Institute and the George Washington University from August this year under a programme supported by World Bank’s International Finance Corporation (IFC).

    sub-Saharan African economies will grow at the slowest pace in 16 years and lower than the global average this year, reversing a trend that saw the region elevated to one of the fastest-expanding global frontiers in previous years, the International Monetary Fund said Tuesday.

    More Articles …

    1. 11 African countries set up One Area Network
    2. Google to give training to 1 million Africans to boost jobs
    3. World Bank cuts 2016 growth projections for Sub-Saharan Africa
    4. Orange announces the acquisition of a 75 million-euro equity interest in Africa Internet Group
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    african indices

    BRVM-CI325.14-0.31%03/10
    BSE DCI10,610.53-03/10
    DSE ASI2,484.57+0.27%03/10
    EGX 3036,900.70+0.36%02/10
    GSE-CI8,410.56+0.53%03/10
    JSE ASI109,778.10+1.56%03/10
    LuSE ASI25,276.85-0.09%03/10
    MASI18,820.18+1.95%03/10
    MSE ASI600,469.03+1.26%03/10
    NGX ASI143,584.04+0.42%03/10
    NSE ASI178.50-0.26%03/10
    NSX OI1,962.75+1.75%03/10
    RSE ASI179.26+0.06%03/10
    SEM ASI2,192.87+0.29%03/10
    TUNINDEX12,288.18-0.78%03/10
    USE ASI1,466.72+0.21%03/10
    ZSE ASI205.16-0.51%03/10
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