The BRICS group (Brazil, Russia, India, China, and South Africa) plans to create a Multilateral Guarantee Fund, supported by the New Development Bank (NDB), in order to mobilize large-scale private investments and reduce financing costs in member countries. This mechanism, modeled after the Multilateral Investment Guarantee Agency (MIGA) of the World Bank, reflects a strategic…...
Trending
- Cameroon: Moody’s warns of “high political risk” two months before the presidential election
- “State Shadow Banking”, a powerful endogenous lever for economic and monetary emancipation within reach of African economies
- UMOA: Mali mobilizes 20 billion CFA francs thanks to Senegal, Burkina Faso, Côte d’Ivoire, and Benin
- DFDS strengthens its position in the Strait of Gibraltar with the acquisition of two ferries from Naviera Armas
- BRVM: Industry and Energy Support the Market, Sonatel Remains the Safe Haven
- Mali: five years after Assimi Goïta’s coup, the economy oscillates between gold and lithium
- Senegal: Ousmane Sonko facing the employers’ organization, between tax reforms, internal debt, and patriotic mobilization
- Togo: SUNU Bank reorganizes to strengthen its position in a pressured banking sector
BRICS launch a guarantee fund to attract private capital
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com