New post on internal capital markets of banks

I look at the policy implications of internal capital markets within multinational banks. 

click on the link below to continue reading…

IFC and Ecobank partner to support SMEs in West and Central Africa

A $110m facility will help overcome the challenges of lending to smaller businesses.

“The International Finance Corporation (IFC) and pan-African banking group Ecobank have announced on May 26th the launch of a $110 million (€101 million) risk-sharing facility to increase access to finance for small and medium-sized enterprises (SMEs) in fragile and conflict-affected states in West and Central Africa.”

65% increase in FDI to Africa in 2014 (vs 2013)

“Regionally, Africa witnessed the largest increase in inward investment in 2014 versus 2013, at 65 per cent. Egypt, Morocco and Mozambique saw large increases in project numbers, while Egypt, Angola, Morocco, Ghana and Zambia all moved into the top 10 destinations in the region by capital investment, replacing Iraq, Jordan, Ethiopia, Algeria and Kenya, countries that have been affected by geopolitical uncertainty or security issues. Ghana, Nigeria and South Africa saw decreases in their project numbers.”