The EU-Africa Chamber of Commerce will host a panel discussion on “Access to Finance & Sustainability” at COP 29 in Baku, focusing on Africa’s maritime sector and building on the Ten-Point Call to Action. The event aims to address financing challenges, promote ESG criteria, and facilitate sustainable growth through innovative solutions and regulatory harmonization, with the goal of enhancing awareness and expanding access to financing for green maritime projects. The discussion will take place at the Côte d’Ivoire Pavilion on 14th November, supported by strategic partners like Nilos and GSMA.
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Africa Central Banks Seen Cutting While They Can After Trump Win
Most African central banks are likely to lower interest rates over the next three weeks in response to concerns that Donald Trump's presidency could lead to a stronger dollar and higher US rates, affecting emerging markets. While some nations are expected to cut rates, others like Nigeria may hike them to combat inflation. The impact of Trump's policies on inflation, currency strength, and capital flows is prompting central banks across Africa to reassess their monetary...
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