🎙 The Development Bank of Rwanda (BRD) became the first national development bank globally and in East Africa to launch a Sustainability-Linked Bond (SLB).
🎙The JSE All Share Index wrapped up a volatile Tuesday session about 0.7% down, settling at 11-month lows of 70,773.
🎙The S&P Global Egypt PMI fell to 48.7 in September 2023, slipping further from 49.2 in the previous month.
🎙Morocco's GDP grew by 2.3% year-on-year in Q2 2023, following a 3.5% rise in the previous three-month period and compared to a 2.2% growth in the same period of 2022.
🎙The Executive Board of the International Monetary Fund (IMF) approved today an 18-month arrangement for Morocco under the Resilience and Sustainability Facility (RSF) in an amount equivalent to SDR 1 billion (about US$ 1.32 billion, equivalent to 112 per cent of quota).
🎙Global rating firm Moody's Investors Service, has affirmed East African Development Bank's credit score at medium grade,
🎙The Central Bank of Kenya maintained its benchmark interest rate at 10.5% for the second consecutive meeting on October 3rd, 2023, the highest in seven years, as expected.
