Press Release : AfriCatalyst CEO Daouda Sembene Testifies on International Financial Institutions at U.S. Congressional Hearing
DAKAR, Senegal –– Dakar-based global development advisory AfriCatalyst is pleased to announce that its CEO, Daouda Sembene, testified yesterday, May 25th, before the U.S. House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions at a hearing entitled “International Financial Institutions in an Era of Great Power Competition.” […]
The Impact of Credit Ratings on the Costs of Development Finance in Africa
Event Details DATE 14 April 2023 TIME 10.00 a.m. – 11.30 a.m. EDT REGISTER HERE The role of credit rating agencies is critical in determining sovereign creditworthiness and, consequently, the cost of debt for both sovereign and corporate borrowers. Questions have been raised about the determination of these ratings in […]
Africa in urgent need of concessional financing, experts urge.
For Africa to build resilience and boost economic growth amidst the ongoing triple planetary crisis, there is an urgent need for individual countries to get highly concessional financing facilities in place to address the huge financing need that countries have which has pushed them into debt experts have warned. During […]
Experts call for concessionary financing to help Africa build resilience and boost economic growth.
Support women-led climate change enterprises, experts urge governments.
Africa should brace for climate refugees in the coming years-majority of who will be women, if governments and private sector don’t prioritize investment in sound climate change mitigation models, experts have warned. During a recent fire side chat on climate change organized by AfriCatalyst in Dakar Senegal, participants discussed how […]