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AfDB grants SEC $400,000 for capital markets devt

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Temiloluwa O’Peters
The African Development Bank Group has signed a $400,000 grant agreement with the Securities and Exchange Commission of Nigeria to strengthen securities market regulation and broaden market instruments.
The bank said in a statement on Friday that the funds would go towards strengthening the risk-based supervision framework, regulation of derivatives and green bonds, and building capacity for green finance.
It added that the grant, sourced from the Capital Markets Development Trust Fund, a multi-donor fund administered by the bank, was aligned with the priorities of the AfDB’s country strategy for Nigeria.
According to the bank, this strategy envisages measures to stimulate capital market development to unlock financial resources for productive sector investments, infrastructure development and private sector growth. ....

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Insecurity, number one economic challenge facing Nigeria, others – AfDB

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Okechukwu Nnodim, Abuja
Insecurity is now the number one challenge to the economic development of Nigeria and other nations of Africa, the African Development Bank said on Tuesday.
President of AfDB, Akinwumi Adesina, disclosed that insecurity was currently shrinking investments in Nigeria and Africa in general.
In series of tweets via his official Twitter handle on Tuesday, the AfDB president stated that insecurity was no longer a political issue but an economic concern.
He said, “Insecurity is now the number one challenge to Africa’s development. Terrorism is shrinking Africa’s investment space.
“Insecurity is no longer a political issue. Insecurity is an economic issue.” ....

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MCG Health Releases 25th Edition of Care Guidelines with Enhancements for Health Equity and Acute Viral Illness

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MCG Health Releases 25th Edition of Care Guidelines with Enhancements for Health Equity and Acute Viral Illness
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SEATTLE (PRWEB) March 02, 2021
MCG Health, part of the Hearst Health network and an industry leader in technology-enabled, evidence-based guidance, announces the official release of its 25th edition of the MCG care guidelines. Many of this year’s updates were designed to help clinicians address the challenges of providing equitable healthcare and manage persistent high volumes of COVID-19 patients.
Since their inception in 1988, MCG care guidelines have seen rapid adoption among hospitals, health plans, government entities, and other stakeholders in the healthcare community. Through an annual review process, MCG clinical editors and actuaries perform comprehensive reviews of the latest published research and claims analytics. Using a strict, quality control methodology, these teams develop evidence ....

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CRRH-UEMOA, WAEMU's best-rated institution by Moody's, after BOAD and AfDB

The Caisse Regionale de Refinancement Hypothecaire (CRRH-UEMOA), based in Lome, becomes the third best-rated financial institution by Moody s in the ....

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AfDB gets $668.1m from Japan for concessional loans

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Temiloluwa O’Peters
the Japan International Cooperation Agency and the African Development Fund, the concessional arm of the African Development Bank Group, have signed a loan agreement of $668.1m to support the 15th replenishment of the ADF (ADF-15).
During a virtual ceremony, AfDB President, Dr Akinwumi Adesina, and Japanese Ambassador to Côte d’Ivoire, Kuramitsu Hideaki, signed an Exchange of Notes, while the loan agreement was signed by the JICA Chief Representative in Côte d’Ivoire, Fujino Kojiro and acting AfDB Senior Vice President, Swazi Tshabalala.
According to a statement issued by AfDB on Wednesday, the JICA loan, the largest to ADF-15, will support the 15th replenishment of the African Development Fund, approved in December 2019 by ADF donor countries. ....

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