China’s rise from $475 GDP per capita in 1994 to over $13,000 today didn’t happen by accident. Institutions like the China Development Bank helped finance the roads, railways, ports and power systems that powered growth.
That’s the point our experts make in their latest article on @AfricanBizMag : development banks can drive real transformation when they are built to take strategic risks.
Read the full piece: https://t.co/TWxqFGWMRz
At DR, we’re happy to see the release of the G20 Africa Expert Panel (AEP) Report, which includes key ideas we’ve been pioneering at Development Reimagined; especially on African agency, borrower coordination, reforming global finance, and shifting from aid to investment. Our CEO, @hmryder , sits on the AEP.
https://t.co/dt5U7fmnlK
Despite representing nearly 18% of the world’s population and being the focus of over 70% of UNSC resolutions, Africa still has no permanent seat at the table. 🌍
With the upcoming AUC Chairperson elections, can the next visionary leader deliver on permanent seats for Africa?
Join us as we explore the African Union’s role in pushing for permanent representation and shaping equitable multilateralism at the UN Security Council.
🗓️ 22nd Jan 2025 | Virtual
Theme: The African Union’s Role in Multilateralism at the UN Security Council.
#UNSC #AfricaMatters #AUSummit #AUCChairpersonElections #Multilateralism
We have 4 key #recommendations to improve Africa’s Eurobonds including- working together for a borrower-centric system, improving Eurobond issuance terms, debt buy-backs and strengthening and utilizing African credit rating agencies.
🚨 New Infographic Alert! What does #Africas#Eurobonds mean for future #debt levels and finance? In this infographic, we do a deep dive into Africa’s Eurobond landscape - specifically how many Eurobonds are held by African countries, how will this impact their economies, and how African countries can better manage their Eurobonds 🌍 💰
https://t.co/dpre8sR8ej
During the 'Reimagining Credit Rating Agencies for African Priorities' event last week, Hon. Malado Kaba @malado_kaba shared a powerful message: "It’s time to prioritize African credit rating agencies while building a unified system that truly represents our needs." 📊💼
Imagine a credit rating agency created by Africa, for Africa—empowering every nation and driving growth across the continent. 🌱💪🏾
💬 Do you think an African-led credit rating agency could change our economic landscape? Drop your thoughts in the comments!
🔗 Watch the full event on YouTube for deeper insights!
Clich here: https://t.co/GHC7Hq3Yfz
#ReimaginingIDA #CreditRatingRevolution #AfricanEconomies
On October 23rd, Development Reimagined and @CSIS hosted a compelling session on actionable solutions for reducing private sector costs across African nations.
Together, we explored new pathways to unlock economic growth and foster sustainable business environments on the continent.
Missed the event? Watch the full session on our YouTube channel to dive deeper into the insights shared by our esteemed speakers. 🌍✨
Click here: https://t.co/HUKV3ZCEbc
#EconomicGrowth #PrivateSector #InnovationForAfrica
We're LIVE! 🎉
Our event, Reimagining the Credit Rating System for Africa, has just begun! Join us for insightful discussions on reshaping credit ratings to reflect Africa's unique economic realities.
You can still join us online via Zoom here: https://t.co/Y9NXvQTwWy
#CreditRating #AfricaEconomy #FinancialInclusion #AfricanDevelopment
🚨**Reminder!**🚨
Join us today for a deep dive into Reimagining the Credit Rating System for Africa at 13:00 - 15:00 EDT via Zoom! 🌍
🔗Zoom Link: https://t.co/WT1nqj9oXa
🔐Password: reimagine
We’ll be discussing how to reshape the credit rating narrative to better reflect African economies with insights from top experts.
Don’t miss out on this transformative session! 💡✨
#AfricaEconomy #CreditRating
We want to reimagine the credit rating system for Africa! Many believe the current system doesn't reflect the unique realities of African economies, and tomorrow we’ll be diving deep into how we can reshape this narrative.
And we’re not doing it alone – we’ve gathered a powerhouseof experts, each bringing unparalleled knowledge and experience. Their insights will be transformative for Africa's financial future. You won't want to miss this!
🗓️ Date: Oct 24, 2024
⏰Time: 13:00 - 15:00 EDT
📍Location: State Plaza Hotel, Washington, DC
Click here to Register: https://t.co/O3anO8UflB
#FinanceForAfrica #CreditRatings #AfricanEconomy #AfCRA
Join our panel discussion on Strategies for Reducing Private Sector Costs in Africa with insights from:
Dr Hanan Morsy (UN Economic Commission for Africa)
Dr. Misheck Mutize (APRM)
Mr. Olivier Pognon (ALSF)
Moderated by Hannah Ryder @hmryder CEO of Development Reimagined.
#FinanceForAfrica #AfricanEconomy #PrivateSector
We want to reimagine the credit rating system for Africa! Many believe the current system doesn't reflect the unique realities of African economies, and tomorrow we’ll be diving deep into how we can reshape this narrative.
And we’re not doing it alone – we’ve gathered a powerhouseof experts, each bringing unparalleled knowledge and experience. Their insights will be transformative for Africa's financial future. You won't want to miss this!
🗓️ Date: Oct 24, 2024
⏰Time: 13:00 - 15:00 EDT
📍Location: State Plaza Hotel, Washington, DC
Click here to Register: https://t.co/O3anO8UflB
#FinanceForAfrica #CreditRatings #AfricanEconomy #AfCRA
@sgyemikale@afreximbank Presentation by Trevor Lwere @LwereTrevor, Research and Coordination Analyst on Development Reimagined’s recent report on Africa’s Eurobonds
You can access the report here: https://t.co/AwXjBCC3MT
💡 Did you know? Credit ratings can constrain which countries can access private finance ! However, many African nations believe the current system doesn’t reflect their unique economies?
Join us on October 24th as we team up with @Faleme_Conseil for Reimagining Credit Rating Agencies for African Priorities, exploring how we can build a better system for Africa’s needs. 📊✨
🗓️ Date: Oct 24, 2024
⏰ Time: 13:00 - 15:00 EDT
📍 Location: State Plaza Hotel, Washington, DC
Click here to Register: https://t.co/O3anO8UflB
#FinanceForAfrica #CreditRatings #AfricanEconomy #AfCRA
Missed the first announcement? It’s not too late! Our webinar is tomorrow, and there’s still time to join us. Don’t miss out on this exciting opportunity – we’d love to have you!
We’ve been getting a lot of questions about our take on #FOCAC2024. Especially on what #African countries got from it (if anything) and what are next steps. Of course, there is a lot more detail behind this but here is our take on the key headlines, now all the documents and Presidents Xi’s speech are all out…
A🧵
1/
How many times has each African country knocked at the door of the IMF for a program?
Only Botsawana 🇧🇼 , Libya 🇱🇾, and Eritrea 🇪🇷, for very different reasons each, have escaped.
Hard to dispute this. But pageantry aside, there is also the robust support for Africa’s modernization/industrialization ambitions. China pledges to support “local supply chains, manufacturing development and deep processing of key minerals in Africa.” Gimme 20 helpings of that!!
🌍 Over the past few decades, China and African Multilateral Financial Institutions (AMFIs) have built strong partnerships in trade, infrastructure, and SME investment.
To continue this momentum, the Alliance for African Multilateral Financial Institutions (AAMFI), in collaboration with @ChinatoAU and the Embassy of Senegal to China supported by @DevReimagined is organizing a high-level conference
📅 Topic: Building Bridges: Collaboration for Growth Between China & African Multilateral Financial Institutions
Join us on September 7, 2024, to explore how innovative finance and trade partnerships are shaping Africa’s future. Together, we can drive economic growth and unlock new opportunities!
🕒 Time: 9:00 – 13:00 (CST)
📍 Venue: Westin Hotel, Chaoyang
🔗 Register now by scanning the QR code!
#ChinaAfrica #EconomicGrowth #InnovativeFinance #AfricaRising #FOCAC2024