Dr. Adesina: African Development Bank President Completely Exonerated

July 28, 2020 High Level Independent Review Panel led by former Irish President Mary Robinson gives the Nigerian technocrat clean bill. Abidjan, Côte d’Ivoire – A much awaited report by an Independent Review Panel has completely exonerated the President of the African Development Bank, Akinwumi Adesina of any ethical wrongdoings. The Independent Review Panel was…

Prosperity in Rising in Africa, Driven by the Region’s Growing Middle Class

Sub-Saharan Africa’s rising population and economies have led to a growing middle class and, in turn, more spending power which provides “a vast source of potential for prosperity,” per experts at the African Development Bank. The big picture: Since 2000, the wealth of sub-Saharan African nations has been growing much faster than the global average and than…

Bloomberg’s Guide to Key Africa Markets in 2018: From Angola to Zimbabwe

  Bloomberg’s Guide to Key Africa Markets in 2018: From Angola to Zimbabwe African bonds outperformed emerging-market average this year Key challenges lie ahead, with IMF warning of credit risks Its local-currency and dollar securities easily outperformed those of emerging markets overall as investors piled into a continent offering high yields and starting to recover…