Sunday 18 March 2018

African Business Weekly: IMF and World Bank Annual Meetings

Friday, October 17, 2014

This week on African Business Weekly Eleni Giokos is in Washington as finance ministers and central bankers from around the globe gather for the International Monetary Fund and World Bank annual meetings. Both organisations have warned that Sub Saharan African economies need to better prepare for the risks of the Ebola outbreak, wider budget shortfalls and security threats from militant groups.

In the show we speak to Roger Nord, Deputy Director of the IMF’s African Department about the organisation’s outlook for the continent. Nigerian lender Access Bank is looking to raise 420 million dollars through a rights issue, the company’s CEO Herbert Wigwe gives us the reasoning behind the decision. And Kenya’s largest power producer KenGen is planning joint ventures to complete its geothermal projects. CEO Albert Mugo tells us more