Tag: Development Banks

African Countries Facing a Brutal Financing Squeeze– IMF Director, African Department

IMF Calls on Development Banks and Multilateral Institutions to Increase Low Interest Rate Finance for Africa’s Climate Change Measures

by M.C

April 18, 2023

The International Monetary Fund (IMF) has called on development banks and multilateral institutions to increase low-interest rate finance for Africa’s climate change measures. According to the IMF, providing concessional finance ...

Public dev’t banks urged to commit new financing for Africa’s recovery post-Covid

by M.C

May 12, 2021

An alliance of public development banks across the globe have emphasized the need for the urgent financing of African economies towards a faster recovery post-Covid-19. Deliberations were held in a ...