By PETER DANIEL ONIMISI From the north of Casablanca, Morocco, to Nairobi, Kenya, Lagos, Nigeria, and down south to Johannesburg, South Africa, the common phenomenon in the economy late in the year 2022 and presently in the new year 2023 is “inflation.” Inflation is the rate at which prices increase over a given period. Inflation […]
Inflation in Africa and the DFIs Read More »
Karlsruhe, Germany – The new version of the Sustainability Standards and Certification Initiative (SSCI) has been finalized and ratified by the International Council of Sustainability Standards.
Version 2.0 of Sustainability Standards for Financial Institutions Ratified Read More »
EXTRACT OF THE FINANCIAL STATEMENTS AND DEVELOPMENT IMPACT FOR THE YEAR ENDED 31ST DECEMBER 2021
FACILITATING RECOVERY POST COVID-19 Read More »
May 11, 2022 Derivatives have an important role to play in the development of capital markets in emerging and developing jurisdictions and in enabling a wide range of their end users to better manage the business and financial risks they are exposed to in their normal course of business. This paper seeks to help policymakers
The ICR Facility has launched a Call for Proposals to select our partner banks for the 2022–2025 period. Banks will be asked to submit a set of proposed activities, the majority of which should be activities to empower women’s economic participation or be related to investment approaches that consider gender aspects.
ICR Facility – Call for Proposals now open Read More »
TCX protects the most vulnerable from financial volatility emanating from #currencyrisk. But how do we report on #developmentimpact? Read about it in the 2021 Impact Report, out today! 👇 Some highlights:✔In 2021, we absorbed currency risk for USD 1.4 billion of #sustainablefinance loans into EM and frontier countries✔The majority of these loans support #MSMEs and 14% went to the non-financial sector✔De-risked
TCX Impact Report 2021 Read More »
Increasing debt management capacity for sovereigns will be a most crucial development challenge for decades to come. The COVID-19 economic shutdown caused a massive increase in debt and currency risk held by governments (Sikarwar, 2021). A recent study reported that 68 sovereigns received credit downgrades since March 2020 (OECD). Moreover, nations need further financing for SDGs and climate pledges.
Pull Quote: Banks need to embrace sustainability, which will put them in the position to turn the current and emerging challenges into historic and long-term success.
International financial system no longer apolitical Read More »
