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WFE Says Total Domestic Market Cap Hit All-Time High of $87.1 Trillion in 2017

February 21, 2018/WFE The World Federation of Exchanges (“The WFE”), the global industry group for exchanges and CCPs, today published its 2017 Full Year Market Highlights report. 2017 ended on… Read more »

Nigeria’s Foreign Policy Must Leverage Achievements in Entertainment Industry, Sports-Osinbajo

February 20, 2018 “Indeed, our foreign policy challenge is to be relevant to the times, to project our potential and our influence to the world, and to advance our political,… Read more »

IMF Advice Mauritania To Undertake Broad-Based Structural Reforms To Accelerate Inclusive Growth

February 17, 2018/IMF Statement by IMF Deputy Managing Director Mitsuhiro Furusawa at the Conclusion of a Visit to Mauritania   Mr. Mitsuhiro Furusawa, Deputy Managing Director of the International Monetary… Read more »

Austrian Economy Remains Prosperous, Stable-IMF MD

February 17, 2018/IMF Christine Lagarde, Managing Director of the International Monetary Fund (IMF), met today with Sebastian Kurz, Federal Chancellor of Austria, in Munich, Germany. Following the meeting, Ms. Lagarde… Read more »

Cyril Ramaphosa succeeds Zuma as South African president

February 15, 2018/BBC Cyril Ramaphosa has become South Africa’s president a day after embattled leader Jacob Zuma resigned. He was the only candidate nominated by parliament, which is dominated by… Read more »

AfDB President briefs diplomatic corps in Côte d’Ivoire on progress, perspectives for Africa’s development

Adesina calls for strong support to the Bank’s General Capital Increase 7/2/2018/AfDB The President of the African Development Bank Group, Akinwumi Adesina, hosted the annual luncheon of diplomats accredited to… Read more »

IMF Says Mongolia’s Economy Recovering on High International Commodities Demand

February 6, 2018/IMF Mongolia’s economy is recovering, reflecting strong international demand for commodities and improving confidence; key macro-economic quantitative targets, including the fiscal deficit and international reserves, have been achieved… Read more »

AfDB approves ZAR 140-million loan to Promote African Local Currency Bond, Capital Markets in Africa

AfDB funding seeks to promote local currency bond issuers and develop domestic capital markets across the continent 5/2/2018/AfDB The Board of the African Development Bank has approved a ZAR 140-million… Read more »

Oil prices fall for third day as inventory build-up weighs

30/1/2018/Reuters Aaron Sheldrick, Henning Gloystein Oil prices fell for a third day on Wednesday after data from an industry body showed crude stocks rose more than expected last week, while… Read more »

IMF Says Staggering 25% of Young People Jobless in Arab World

January 30, 2018/IMF The International Monetary Fund (IMF), the Arab Fund for Economic and Social Development (AFESD), and the Arab Monetary Fund (AMF) made the following statement today in Marrakesh… Read more »