Africa ETP News
you are currently viewing::Kenya: Blackrock Liquidates Em Fund With Equities in Kenya, NigeriaJune 19, 2024--American asset manager BlackRock has announced the liquidation of its emerging market (EM) funds in Kenya and Nigeria.
Its board concluded that liquidating the fund is in the best interest of both the fund and its shareholders. One of the significant factors impacting the liquidation process is the conversion of local currencies, including Nigeria's Naira. As a result, the liquidation will be extended over a longer period. Source: allafrica.com |
New World Bank Report Highlights Four Pathways to Spur Job Creation and Inclusive Growth in South Africa
February 28, 2025--A new World Bank report titled "Driving Inclusive Growth in South Africa: Quick Wins with Competitive Markets and Efficient Institutions" asserts that a robust economic recovery, shared across all sectors of society, can be achieved in the immediate future by implementing a series of policy actions in four priority areas: infrastructure services, greater private sector participation, creating cities as engines of growth, and efficient public spending.
