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RBC forecasts complex equities landscape amid potential Fed policy shifts
By Globe Banner | Dec 6, 2024
The global equity markets have experienced a rally over the past two years, and RBC Wealth Management suggests that this trend may continue into 2025.
FSB Sub-Saharan Africa Group addresses fraud prevention amid rising scams
By Globe Banner | Dec 6, 2024
The Financial Stability Board (FSB) Regional Consultative Group for Sub-Saharan Africa convened on December 6 in Cape Town, hosted by the South African Reserve Bank.
World Bank approves $30 million aid for The Gambia's economic reforms
By Globe Banner | Dec 6, 2024
The World Bank Group has approved $30 million in financing from the International Development Association (IDA) to assist The Gambia in enhancing its productivity and economic governance.
World Bank's Anna Bjerde outlines goals at IDA21 replenishment meeting
By Globe Banner | Dec 6, 2024
Seoul, Korea - December 5, 2024 At the conclusion of the IDA21 replenishment process, Anna Bjerde, World Bank Managing Director of Operations, addressed the meeting by expressing gratitude for the participants' dedication to aiding the world's...
IDA secures $23.7 billion for development projects amid global challenges
By Globe Banner | Dec 6, 2024
The International Development Association (IDA) has announced a significant achievement with the successful completion of its 21st replenishment, securing $23.7 billion in donor contributions.
ANZ appoints Sam Garland as group general manager for internal audit
By Globe Banner | Dec 6, 2024
ANZ has announced the appointment of Sam Garland as Group General Manager, Internal Audit.
German-African Business Summit focuses on collaboration opportunities
By Globe Banner | Dec 6, 2024
The German-African Business Summit (GABS) took place in Nairobi, Kenya, from December 2nd to 4th, 2024.
Prudential announces second phase of $2 billion share buyback
By Globe Banner | Dec 5, 2024
Prudential plc has announced the commencement of the second tranche of its US$ 2 billion share buyback programme, allocating US$ 800 million for this phase.
Growth Fund Germany commits over half target volume within first year
By Globe Banner | Dec 5, 2024
Around one year after its final closing, the Growth Fund Germany has committed more than half of its target volume of EUR 567 million to 29 venture capital funds as of November 30, 2024.
Côte d'Ivoire transforms debt strategy with World Bank support
By Globe Banner | Dec 5, 2024
Côte d’Ivoire, once one of Africa's fastest-growing economies with an annual growth rate of 8% from 2012 to 2019, is taking steps to reshape its debt management strategies.
Côte d'Ivoire's innovative debt swap prioritizes educational investment
By Globe Banner | Dec 5, 2024
Côte d’Ivoire is set to complete a debt-for-development swap with the assistance of the World Bank Group.
World Bank announces record $100 billion replenishment for global development
By Globe Banner | Dec 5, 2024
The World Bank Group has announced a historic $100 billion replenishment for the International Development Association (IDA), highlighting a crucial step in global development efforts.
Simon Birmingham appointed head of Asia Pacific engagement at ANZ
By Globe Banner | Dec 5, 2024
ANZ has announced the appointment of Simon Birmingham as Head of Asia Pacific Engagement and Chairman for South Australia.
Stefan Wintels' contract as CEO extended by KfW until September 2029
By Globe Banner | Dec 5, 2024
KfW's Board of Supervisory Directors has confirmed the extension of Stefan Wintels' term as Chief Executive Officer until September 30, 2029.
HSBC completes another phase in global reorganisation
By Globe Banner | Dec 5, 2024
HSBC has announced the completion of the next stage in its global reorganisation, focusing on International Wealth and Premier Banking (IWPB).
Siemens partners with CAF for Metro de Madrid train propulsion systems
By Globe Banner | Dec 5, 2024
Siemens Mobility has announced its collaboration with CAF to provide propulsion systems for the new trains of Metro de Madrid.
Debt-for-development swaps: A solution for countries struggling with high debts
By Globe Banner | Dec 5, 2024
Countries facing high debt levels often struggle to invest in crucial sectors such as education, healthcare, and climate action.
World Bank launches 'Mission 300' aiming electrification for millions in Africa
By Globe Banner | Dec 5, 2024
As global leaders convene at COP29 in Baku, a significant focus for Africa is the acceleration of access to reliable and sustainable electricity.
Siemens named leader in IoT platforms for building management
By Globe Banner | Dec 5, 2024
Siemens has been recognized as a leader in the field of IoT digital platforms for building operations.
FSB releases report on global resolution regimes; lists key insurers
By Globe Banner | Dec 5, 2024
The Financial Stability Board (FSB) has released its 2024 Resolution Report, detailing progress in resolution reforms and outlining future priorities.