The Dominican Republic
Despite relatively low economic growth in the Dominican Republic in 2023, credit projections in the financial sector have increased by about 16%. This rise has
August 22, 2023
Despite relatively low economic growth in the Dominican Republic in 2023, credit projections in the financial sector have increased by about 16%. This rise has
Costa Rica experienced a record-setting 3.3% plunge in prices in August, the most significant deflation since records began in the 1970s. The Costa Rican colon
Argentina faces a financial crisis as a US judge ordered the country to pay USD 16 bln in damages and interest over the 2012 re-nationalization
Uganda has issued its first Islamic banking license to Salaam Bank Ltd., part of Salaam African Bank. Islamic banking could significantly stimulate Uganda’s growth by
Tanzania’s annual inflation rate rose to 3.3% in August 2023, a rate that has remained stable over the past two months and represents a more
KFW, Germany’s development bank, has offered a EUR 200 mln loan to South Africa’s Eskom Holdings to bolster its power transmission grid in Northern and
KFW, Germany’s development bank, has offered a EUR 200 mln loan to South Africa’s Eskom Holdings to bolster its power transmission grid in Northern and
Moody’s affirmed Rwanda’s long-term local and foreign currency issuer ratings at B2 and changed its outlook from negative to stable, citing effective governance and credible
Nigeria has entered into a multi-billion dollar agreement with Invest India to support various infrastructure projects, including power, rails, warehousing, and ports. The deal aims
Morocco is in the midst of a humanitarian crisis after a 6.8 magnitude earthquake resulted in over 2,000 deaths and hundreds of injuries. King Mohammed
Egypt’s inflation rose to 37.4% YoY in August from 36.5% in July. Food inflation rose by 71.4%, becoming a key contributor to last month’s surge
The African Union (AU) and the Chinese Mission to the AU announced plans to deepen cooperation under China’s Belt and Road Initiative (BRI) as it
Moody’s affirmed Serbia’s Ba2 long-term issuer and senior unsecured debt ratings with a stable outlook. The decision reflects Serbia’s promising medium-term growth, resilience to external
Albania’s annual inflation rate eased to 4.0% in August 2023, down from 4.2% the previous month, mainly due to a slowdown in food and transportation
Albania’s annual inflation rate eased to 4.0% in August 2023, down from 4.2% the previous month, mainly due to a slowdown in food and transportation
Russia registered a 4.9% YoY GDP increase in Q2 2023, marking the first such expansion since the invasion of Ukraine in Q1 2022 resulted in
Turkish president Erdogan is advocating for the revival of the Black Sea Grain Initiative during closed-door meetings at the G20 summit in New Delhi. Russia
Turkish president Erdogan is advocating for the revival of the Black Sea Grain Initiative during closed-door meetings at the G20 summit in New Delhi. Russia
The Philippines’ trade deficit declined to USD 4.20 bln in July, down from USD 6.0 bln a year earlier, as exports fell by 1.2% YoY
India’s government has approved the purchase of 10,000 MW of electricity from Nepal, marking a landmark decision after several months of negotiations. This 25-year long-term
Bangladesh’s inflation rose to 9.92% YoY in August from 9.69% in the previous month, primarily due to rising food prices, which jumped to 12.54% in
President Biden indicated that China’s current economic downturn could lessen the likelihood of an invasion of Taiwan. The comment came during Biden’s trip to Vietnam
Costa Rica experienced a record-setting 3.3% plunge in prices in August, the most significant deflation since records began in the 1970s. The Costa Rican colon
Argentina faces a financial crisis as a US judge ordered the country to pay USD 16 bln in damages and interest over the 2012 re-nationalization
Uganda has issued its first Islamic banking license to Salaam Bank Ltd., part of Salaam African Bank. Islamic banking could significantly stimulate Uganda’s growth by
Tanzania’s annual inflation rate rose to 3.3% in August 2023, a rate that has remained stable over the past two months and represents a more
KFW, Germany’s development bank, has offered a EUR 200 mln loan to South Africa’s Eskom Holdings to bolster its power transmission grid in Northern and
KFW, Germany’s development bank, has offered a EUR 200 mln loan to South Africa’s Eskom Holdings to bolster its power transmission grid in Northern and